NOT LISTED FOR SALE

18405 Torrence Ave Lansing, IL 60438

8 Beds
6 Baths
-- Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: July 29, 2015

Last sale price $205,000 $0 Per Sq Ft

20 Days on Market

About This Home

As of July 2015

This six flat located on Torrence Ave. in Lansing is a great opportunity for an investor to acquire a well maintained fully occupied building in a great neighborhood Priced to give the new owner a return of over 20%, it has a new boiler and hot water heater along with new windows spread throughout the building The current owern has owned it for over 20 years and has always had a strong occupancy

Last Agent to Sell the Property

Joseph Esselman

Penn Real Estate License #471012738 Listed on: 06/18/2015

Last Buyer's Agent

Maria Castillo

RE/MAX Mi Casa License #471000184

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 6,970

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 24000
  • Total Annual Exp: 2014
  • Total Annual Income: 44118
  • Total Monthly Income: 3870
  • Number Of Stories: 3
  • Estimated Year Built: 1963
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1963

Exterior Features

  • Acreage: 0.16

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Central Bldg Heat, Gas, Baseboard

Condo/Co-op/Association

  • Units in Building: 6

Lot Info

  • Lot Dimensions: 120 X 60
  • Parcel Identification Number: 30313140520000

Rental Info

  • Gross Rental Income: 44118
  • Tenant Pays: Electric

Tax Info

  • Taxes: 9695.10
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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
07/29/2015 07/29/15 Sold $205,000 -18.0% --
07/08/2015 07/08/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $250,000 -- --
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 $12,074 $24,956 $3,897 $21,059
2024 $12,074 $24,956 $3,897 $21,059
2023 $11,065 $24,956 $3,897 $21,059
2022 $11,065 $17,025 $3,365 $13,660
2021 $10,763 $17,025 $3,365 $13,660
2020 $9,988 $17,025 $3,365 $13,660
2019 $11,799 $20,725 $2,834 $17,891
2018 $11,581 $20,725 $2,834 $17,891
2017 $11,693 $20,725 $2,834 $17,891
2016 $11,221 $20,521 $2,656 $17,865
2015 $10,426 $20,521 $2,656 $17,865
2014 $10,282 $20,521 $2,656 $17,865
2013 $9,695 $21,532 $2,656 $18,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08958861

Midwest Real Estate Data (MRED)
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