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Sold on 11/12/2025
Eric White of Pearson Realty Group

18508 Torrence Ave, Lansing, IL 60438

  • $430,000

    Last sold 11/12/2025 after 32 Days

  • 7

    bed

  • 4

    bath

Multi-family not for sale
Movoto is helping 28 homebuyers near you

About 18508 Torrence Ave

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Property description
@@@ 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
Listed by
Listing Agent - Eric White
Listing Office - Pearson Realty Group
Source: MRED mls logo
MLS#12491698 • last updated 7 months ago
Movoto checked MRED for data 17 minutes ago
Overview
MLS # 12491698
Virtual Tour N/A
SubType 4 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.14
Property Tax $ 15483
Year Built 1962
Interior
Total # of Rooms 20
Exterior
Construction Brick
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
# Units in Building 4
Location
Area Lansing
County Cook
Elementary School District 158
Middle School District 158
High School District 215
APN 29364020840000
Multifamily Details
Expense: Trash 2025, 1080
Expense: Insurance 3255
Net Operating Income 20400
Gross Income 64800
Expense: Electricity 360
Expense: Management 600
Expense: Water/ Sewer 860
Misc Income Coin Laundry
Total Rental Income 5400
$411K
Range: $374K-$447K
Last 30 days 
  • Jan 2026
    Public Records
  • Jan 13, 2026 Sold
    $430,000
  • Jan 2026
    mls logo MLS # 12491698
  • Jan 9, 2026 Sold
    $430,000 (-9.5%)
  • Nov 12, 2025 Pending
    —
  • Oct 11, 2025 Listed
    $475,000 (+77.6%)
  • Jul 2021
    Public Records
  • Jul 29, 2021 Sold
    $267,500 (+105.8%)
  • Oct 2010
    Public Records
  • Oct 20, 2010 Sold
    $130,000 (-13.3%)
  • Oct 2010
    mls logo MLS # 07184624
  • Oct 6, 2010 Sold
    $150,000 (-11.2%)
  • Apr 9, 2009 Listed
    $169,000 (-51.0%)
  • Jun 2006
    Public Records
  • Jun 20, 2006 Sold
    $345,000 (+40.8%)
  • Nov 2005
    Public Records
  • Nov 18, 2005 Sold
    $245,000
  • 18508 Torrence Ave
    $430K
  • Lansing
    —
  • 60438
    $200K -6% y/y
  • Lansing
    $200K -6% y/y
No chart available
Statistics calculated by Movoto

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N/A
Lester Crawl Primary Center
public Grades PK, K-1
Lansing School District 158
3/10
Oak Glen Elementary School
public Grades K-5
Lansing School District 158
4/10
Memorial Jr High School
public Grades 6-8
Lansing School District 158
Source: GreatSchools.org © 2026. All rights reserved.

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  • IL
  • Cook County
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  • 18508 Torrence Ave
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