NOT LISTED FOR SALE

18375 Torrence Ave Lansing, IL 60438

5 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: September 13, 2024

Last sale price $285,000

12 Days on Market

About This Home

As of September 2024

Outstanding investment opportunity! This well-maintained, solid all-brick building features 4 units, each with long-term tenants. Additionally, the property includes a coin-operated washer and dryer located in the finished basement, providing an additional source of income. This is an ideal choice for anyone looking to invest in a reliable, income-producing property.

Last Agent to Sell the Property

Magdalena Kopec

Re/max Millennium License #475156030 Listed on: 05/15/2024

Re/max Millennium

Co-Listed By

Luke Kopec

Re/max Millennium License #475197038

Last Buyer's Agent

Jennifer Harris

Charles Rutenberg Realty of IL License #475164716

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,970

Year Built

  • Built in 1962

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 121.4x42.6

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Steam

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,970

Year Built

Built in 1962

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 121.4X42.6
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9970.15
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
09/13/2024 09/13/24 Sold $285,000 -12.3% --
05/28/2024 05/28/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $325,000 +81.6% --
06/25/2020 06/25/20 Sold $179,000 -10.5% -- View Prior Sale
05/19/2020 05/19/20 Pending -- -- --
05/01/2020 05/01/20 Price Changed $199,900 -5.2% --
03/09/2020 03/09/20 For Sale $210,900 +36.1% --
02/13/2017 02/13/17 Sold $155,000 -4.9% -- View Prior Sale
12/20/2016 12/20/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $163,000 -- --
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 $11,612 $24,000 $2,552 $21,448
2024 $11,612 $24,000 $2,552 $21,448
2023 $9,970 $24,000 $2,552 $21,448
2022 $9,970 $15,342 $2,204 $13,138
2021 $9,698 $15,341 $2,204 $13,137
2020 $10,328 $17,603 $2,204 $15,399
2019 $10,905 $19,154 $1,856 $17,298
2018 $12,004 $21,482 $1,856 $19,626
2017 $12,121 $21,482 $1,856 $19,626
2016 $10,755 $19,669 $1,740 $17,929
2015 $9,993 $19,669 $1,740 $17,929
2014 $9,855 $19,669 $1,740 $17,929
2013 $8,922 $19,815 $1,740 $18,075
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12054575

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.