Jeff Fryzel
McColly Real Estate
(708) 859-7253
154 Total Sales
2 in Lansing
$217,900 Price Range
18346 Torrence Ave Lansing, IL 60438
Lansing Area
11
Beds
9
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of March 202318346 Torrence Avenue consists of a two-story multi-family brick building with seven (7) residential units comprised of five (5) 1-Bedroom/1-Bathroom units and two (2) 2-Bedroom/1-Bathroom units with 3,900 square feet of living area in 4,500 square feet of total gross area on a 0.2-acre parcel of land. The Property features an on-site laundry facility and parking for seven vehicles. The building also has new composite walkways, and a new boiler. The vacant units are being remodeled with new tile baths, new carpet, and updated appliances. Additionally, many of the windows have been replaced.
Last Agent to Sell the Property
Horvath & Tremblay IL, LLC License #475173833 Listed on: 12/05/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,745
Year Built
- Built in 1963
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 50x150
Bedrooms and Bathrooms
- 11 Bedrooms
- 9 Bathrooms
Utilities
- Radiator
- Heating System Uses Gas
Additional Features
- 2-Story Property
- Courtyard
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $418
- Fuel Expense $2,849
- Insurance Expense $2,729
- Maintenance Expense $2,850
- Manager Expense $2,998
- Other Expense $1,250
- Trash Expense $1,750
- Water Sewer Expense $1,771
- Operating Expense $31,361
- Gross Income $61,860
- Net Operating Income $28,605
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2022
Closed on
Mar 8, 2023
Sold by
Bought by
Seller's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
Buyer's Agent
Terrence Galloway
Signature Real Estate Services
List Price
$400,000
Sold Price
$392,000
Premium/Discount to List
-$8,000
-2%
Views
95
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Outstanding Balance
$562,555
Interest Rate
6.09%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 23, 2017
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lansing, IL
-
Jeff Fryzel
-
Sofia Salazar
Sofia Salazar
(219) 501-5009
52 Total Sales
9 in Lansing
$70K - $260K Price Range
-
Michelle McManus
Michelle McManus
@properties Christie's International Real Estate
(855) 519-3128
93 Total Sales
4 in Lansing
$70K - $205K Price Range
-
Stephen Taylor
Stephen Taylor
HomeSmart Realty Group
(708) 394-7060
32 Total Sales
2 in Lansing
$175K - $202K Price Range
-
Michael Daniels
Michael Daniels
Coldwell Banker Realty
(888) 295-8055
36 Total Sales
1 in Lansing
$270,000 Price
-
Edgar R. Guerrero
Edgar R. Guerrero
REMAX Legends
(855) 951-5250
129 Total Sales
1 in Lansing
$70,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $784,000 | Chicago Title | ||
| $420,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $588,000 |
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 |
|---|---|---|---|---|
| 03/13/2023 03/13/23 | Sold | $392,000 | -2.0% | -- |
| 01/25/2023 01/25/23 | Pending | -- | -- | -- |
| 12/05/2022 12/05/22 | For Sale | $400,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax 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.
| 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 |
|---|---|---|---|---|
| 2025 | $16,770 | $34,662 | $4,434 | $30,228 |
| 2024 | $16,770 | $34,662 | $4,434 | $30,228 |
| 2023 | $15,156 | $34,662 | $4,434 | $30,228 |
| 2022 | $15,156 | $23,321 | $5,643 | $17,678 |
| 2021 | $14,742 | $23,320 | $5,642 | $17,678 |
| 2020 | $13,682 | $23,320 | $5,642 | $17,678 |
| 2019 | $11,952 | $20,994 | $5,239 | $15,755 |
| 2018 | $11,731 | $20,994 | $5,239 | $15,755 |
| 2017 | $13,890 | $24,618 | $5,239 | $19,379 |
| 2016 | $14,537 | $26,586 | $4,836 | $21,750 |
| 2015 | $13,507 | $26,586 | $4,836 | $21,750 |
| 2014 | $13,321 | $26,586 | $4,836 | $21,750 |
| 2013 | $12,299 | $27,315 | $4,836 | $22,479 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Spangler
Seller's Agent in 2023
Anthony Spangler
Horvath & Tremblay IL, LLC
(708) 704-1368
44 Total Sales
-
Terrence Galloway
Buyer's Agent in 2023
Terrence Galloway
Signature Real Estate Services
(708) 906-7461
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11683293
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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