NOT LISTED FOR SALE

16795 Torrence Ave Lansing, IL 60438

Estimated Value: $3,753,358

-- Bed
-- Bath
-- Sq Ft
1.47 Acres

About This Home

This home is located at 16795 Torrence Ave, Lansing, IL 60438 and is currently estimated at $3,753,358. 16795 Torrence Ave is a home located in Cook County with nearby schools including Reavis Elementary School, Memorial Jr High School, and Thornton Fractnl So High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2010
Sold by
Sm Ltcb Lansing Llc
Bought by
Lansing Partners I Llc
Current Estimated Value
$3,753,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$991,021
Interest Rate
4.22%
Mortgage Type
Commercial
Estimated Equity
$2,762,337
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lansing Partners I Llc $2,000,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lansing Partners I Llc $1,500,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $368,471 $761,550 $48,049 $713,501
2023 $330,140 $761,550 $48,049 $713,501
2022 $330,140 $507,980 $112,114 $395,866
2021 $321,123 $507,978 $112,113 $395,865
2020 $227,727 $388,155 $112,113 $276,042
2019 $307,499 $540,117 $104,105 $436,012
2018 $265,260 $474,715 $104,105 $370,610
2017 $267,842 $474,715 $104,105 $370,610
2016 $298,661 $546,205 $96,097 $450,108
2015 $353,729 $696,241 $96,097 $600,144
2014 $348,849 $696,241 $96,097 $600,144
2013 $397,953 $883,815 $96,097 $787,718
Source: Public Records

Map

Illinois Cook County Lansing 60438

16795 Torrence Ave, Lansing, IL

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