18514 Torrence Avenue, Lansing, IL 60438
Local realty services provided by:Better Homes and Gardens Real Estate Connections
18514 Torrence Avenue,Lansing, IL 60438
$425,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:cara dulaitis
Office:re/max 10
MLS#:12426672
Source:MLSNI
Price summary
- Price:$425,000
About this home
INVESTMENT OPPORTUNITY - SOLID BRICK 4 UNIT - Rarely available 4 unit with THREE-2 bedroom/1 bath units (all rented) and ONE-1 bedroom/1 bath unit (vacant). Perfect investment opportunity to live in 1 unit, while tenants pay your mortgage. OR rent all 4 & simply add to your portfolio. Tenants pay their own gas & electric (landlord pays water). Each unit has its OWN water heater & separate furnace, as well as a stove & fridge. Solar powered security cameras on front & back included; parking includes 4 dedicated spots; one per unit. Three of the 4 units have been refreshed in the last 4 years (new toilets, paint, flooring etc). Ideal location just south of 80-94. Taxes currently reflect zero exemptions. Don't let this investment opportunity pass you by; the neighboring 4-unit sold in just 4 days at this price!
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Home facts
- Year built:1963
- Listing ID #:12426672
- Added:56 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1963
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Tax amount:$14,031 (2023)
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