$540,000

17933 Torrence Ave Lansing, IL 60438

Lansing Area

Estimated payment $3,787/month

-- Beds
-- Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

6 Flat For Sale - Located directly off the Torrence Ave Exit in Lansing, IL. Property is located in the middle of all the new development that is happening in Lansing. This property offers 4 (2 Bed/1Bath) & 2 (2 Bed/1 Bath) Units.

Listing Agent

Anthony Spangler

Horvath & Tremblay IL, LLC License #475173833 Listed on: 09/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,581

Year Built

  • Built in 1961

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 125x50

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $3,500
  • Insurance Expense $5,000
  • Maintenance Expense $3,000
  • Other Expense $1,250
  • Trash Expense $1,850
  • Water Sewer Expense $2,000
  • Operating Expense $34,029
  • Gross Income $83,700
  • Net Operating Income $51,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,581

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Standard Status: Active
  • Stories: 3
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Gas,Radiators,Baseboard

Fee Information

  • Trash Expense: 1850
  • Water Sewer Expenses: 2000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 125X50

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 51172
  • Fuel Expense: 3500
  • Insurance Expense: 5000
  • ElectricExpense: 1000
  • GrossIncome: 83700
  • Maintenance Expense: 3000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34029
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8581
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2026 09/28/26 For Sale $540,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12771337

Midwest Real Estate Data (MRED)
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