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$79,999
Property Description
Rehabbed One bedroom unit in a nice community!! Rehabbed/Refreshed in 2022 with new flooring throughout, a really cool wall mounted electric fireplace, fresh paint, new appliances, and most lighting fixtures. This condo is Investor friendly, and the monthly assessments are reasonable, and include heat, water, and gas, among other things. The living room and bedroom are both nice sized, and so is the kitchen! Big balcony to enjoy, as well! Each floor has its own coin laundry, and this unit is located very close to the one on level three. A large storage locker is located on the first floor. Very conveniently located on Torrence Ave, about 1.5 miles from I-80/94. Currently rented month to month. On-time, responsible tenant. Profitable property!! In good shape but selling As-Is.
Full Property Details
Full Property Details for 18550 S Torrence Ave #23
General
- Price: $79,999
- HOA FEE: $211/month
- Taxes: $1,856 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12583405
- Updated: 5/14/2026
- Added to Site: 70 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Electric
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Coin Laundry, Storage, Security Door Lock(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Lighting
Parking
- Total Spaces: 1
- Parking Features: Asphalt, Assigned, Off-Street, Guest, Yes, Owned
Location
- Area: Lansing
- County: Cook
- Township: Thornton
- Subdivision: Forest Glen
- Driving Directions: I-80/94 to S on Torrence Avenue to Address Right Side of Road Enter Off 186th Street, Enter Through Back of Building East Side of Pool Area
School Information
- School District: 158
- Elem School District: 158
- Midd School District: 158
- High School District: 215
Community
- Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, Clubhouse, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit, Size Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 25lbs.
- Mgmt. Company: Advocate Property Management
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan
- Onsite: Cable Available
Structural Information
- Structure Type: Condo, Low-Rise (1 to 3 Stories)
- Model: SINGLETON
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Rubber
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 800
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1992
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 27
Manufactured Home
- Model: SINGLETON
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds, Landscaped, Mature Trees
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Financial Considerations
- Association Fee: $211
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1992
- Tax Amount: $1,856
- Tax Year: 2024
- Pays Sewer: Public Sewer, Storm Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 29364100031023
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Schools
Schools serving 18550 S Torrence Ave #23
| Name | Grades | Distance |
|---|---|---|
Oak Glen Elementary School 2101 182nd Street, Lansing, IL 60438 | K-5 | 0.5 mi |
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438 | PK-1 | 1 mi |
Memorial Jr High School 2721 Ridge Road, Lansing, IL 60438 | 6-8 | 0.6 mi |
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18550 S Torrence Ave #23
Date
Details
Price
Change
Source
3/05/2026
Listed
$79,999
-42.86%
MLS
8/29/2024
Sold
$140,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18550 S Torrence Ave #23
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,953
12%
$8,171
51%
2022
$3,517
3%
$5,412
—
2021
$3,421
8%
$5,412
—
2020
$3,175
100%
$5,412
62%
2019
-100%
$3,341
-21%
2018
$438
-42%
$4,220
—
2017
$751
-45%
$4,220
-16%
2016
$1,366
13%
$4,995
—
2015
$1,205
-1%
$4,995
—
2014
$1,216
-35%
$4,995
-17%
2013
$1,862
-21%
$5,987
-26%
2012
$2,352
—
$8,115
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18550 S Torrence Ave #23
18550 S Torrence Avenue #23, Lansing, IL 60438 (MLS# 12583405) is a Condo property with 1 bedroom and 1 full bathroom. 18550 S Torrence Avenue #23 is currently listed for $79,999 and was received on March 05, 2026. Want to learn more about 18550 S Torrence Avenue #23? Do you have questions about finding other Condo real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.
