@@@ Must See @@@ Fully Updated Beautiful Brick 4 Unit Building on historic Torrence Ave. This beauty offers New Roof, Gutters, Windows, Kitchen, Baths, Hot water Tanks & Furnaces. Each Unit Has an Individual Forced Air Gas Furnace, and Individual Water Heaters. Tenants Pay Electric and Gas. There Is a Small Gas & Electric Bill for the Common Areas. Landlord Pays Water & Garbage. Laundry Income Coin Collected. Units are three 2 Bedroom 1 Bath and one 1 Bedroom 1 bath. 2 BD 1 BA $1400 the 1 Bedroom with 1 bath is $1200 total of $5400 a month in rental income before expenses. Units are well kept with solid long-term tenants. Seller motivated!!! Schedule your private showing today start earning instant income. Owner occupants welcomed. Showings Sunday's between 4pm - 5:30pm
Closed
$430,000
18508 Torrence Ave, Lansing, IL 60438
7beds
--sqft
Multi Family
Built in 1962
-- sqft lot
$440,400 Zestimate®
$--/sqft
$1,614 Estimated rent
Home value
$440,400
$396,000 - $489,000
$1,614/mo
Zestimate® history
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Beautiful brickIndividual water heatersHot water tanksNew roof
Zillow last checked:
Listing updated:
Listing courtesy of:
Eric White 773-332-6655,
Pearson Realty Group
Bought with:
Salma Torres
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12491698
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,Partial
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Yes, Owned
Lot
- Size: 6,098 sqft
Details
- Parcel number: 29364020840000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Lansing
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $430,000-9.5% |
Source:  MRED as distributed by MLS GRID #12491698 Report a problem | ||
| 11/12/2025 | Pending sale | $475,000 |
Source: MRED as distributed by MLS GRID #12491698 Report a problem | ||
| 10/13/2025 | Listed for sale | $475,000+77.6% |
Source: MRED as distributed by MLS GRID #12491698 Report a problem | ||
| 7/21/2021 | Sold | $267,400+105.7% |
Source: MRED as distributed by MLS GRID #11078829 Report a problem | ||
| 10/20/2010 | Sold | $130,000-62.3% |
Source: Public Record Report a problem | ||
| 6/20/2006 | Sold | $345,000+40.8% |
Source: Public Record Report a problem | ||
| 11/18/2005 | Sold | $245,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $32,000 +0% |
| 2023 | $15,483 +51% | $31,999 +102.9% |
| 2022 | $10,250 +2.8% | $15,772 |
| 2021 | $9,970 +7.8% | $15,772 |
| 2020 | $9,253 -26% | $15,772 -28.2% |
| 2019 | $12,512 +1.9% | $21,977 |
| 2018 | $12,280 -8.9% | $21,977 -8% |
| 2017 | $13,475 +31.3% | $23,882 +27.2% |
| 2016 | $10,263 +7.6% | $18,770 |
| 2015 | $9,536 +1.4% | $18,770 |
| 2014 | $9,405 +7.1% | $18,770 -3.7% |
| 2013 | $8,780 +7.6% | $19,500 |
| 2012 | $8,162 +7% | $19,500 |
| 2011 | $7,630 -8.2% | $19,500 -17.3% |
| 2010 | $8,311 +2.3% | $23,579 |
| 2009 | $8,127 +10.6% | $23,579 -5% |
| 2008 | $7,350 +8.8% | $24,819 +9% |
| 2007 | $6,755 -2.5% | $22,779 |
| 2006 | $6,931 +1.8% | $22,779 |
| 2005 | $6,811 +5.8% | $22,779 +6.4% |
| 2004 | $6,441 +7.9% | $21,404 |
| 2003 | $5,971 +18% | $21,404 |
| 2002 | $5,060 +45.5% | $21,404 +44.9% |
| 2001 | $3,478 +1.3% | $14,773 |
| 2000 | $3,433 +0% | $14,773 |
| 1999 | $3,433 | $14,773 |
Find assessor info on the county website
Neighborhood: 60438
Nearby schools
GreatSchools rating
- 4/10Oak Glen Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Memorial Jr High SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Thornton Fractional South High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: 158
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$440,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$440,400
- Illinois
- Cook County
- Lansing
- 60438
- 18508 Torrence Ave
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