$295,000
SOLD AUG 2, 2024

18419 Torrence Ave Lansing, IL 60438

5 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

5% Above List Price

3 Days on Market

About This Home

As of August 2024

Looking for an investment property, a place to reside or both. You don't want to miss out on this one. It's a well-kept attractive 4 Unit, brick, building that include refinished hardwood floors with updated kitchens and bathrooms. The coin operated washer/dryer provide additional income. The property has a number of upgrades including electrical and plumbing; appliances included.

Last Agent to Sell the Property

LaMarr Johnson

Real People Realty License #475185558 Listed on: 05/28/2024

Real People Realty

Co-Listed By

Lucille Denmark

Real People Realty License #475137586

Last Buyer's Agent

Karmen Spears

POWER Realty Chicagoland,PLLC License #471020930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,775

Year Built

  • Built in 1964

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 106
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,775

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 280000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 158

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40 X 106
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10775
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Similar Homes in Lansing, IL

  • 18377 Torrence Ave, Lansing, IL 60438

    $345,000

    • 5 Beds
    • 4 Baths
    • 18377 Torrence Ave
    • Lansing, IL

    Exceptional opportunity to own a well maintained 4-unit brick building. This income-producing property is ideally suited for both owner-occupants seeking a home with added financial benefits and savvy investors looking to expand their portfolio. The building features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each equipped with appliances for convenience. Residents will

    Deborah McGowan Real People Realty

    Section Image
  • 2460 Indiana Ave, Lansing, IL 60438

    $340,000

    • 5 Beds
    • 4 Baths
    • 2460 Indiana Ave
    • Lansing, IL

    Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow. Recent upgrades ensure peace of mind and increased property value, making this a standout choice for investors. Recent Improvements: 2022 New roof, furnace, AC, and electric panel. 2023 Newly installed front and back wood decks, along with a completely renovated garden unit. 2024 tuned

    Nicholas Kravat Black Label Realty Co.

    Section Image
  • 2838 Ridge Rd, Lansing, IL 60438

    $299,900

    • 4 Beds
    • 2 Baths
    • 2838 Ridge Rd
    • Lansing, IL

    Welcome to 2838 Ridge Rd, Lansing, IL 60438-a rare multi-unit property in a prime location just half a block from Memorial Junior High School and a short stroll to downtown Lansing's bustling shopping and dining scene. This beautifully updated property features two units, each designed for comfort and modern living. The top-floor unit includes 2 bedrooms, a spacious living room, and an updated

    Maria Munoz-Boyd Coldwell Banker Realty

    Section Image
  • 18241 Roy St, Lansing, IL 60438

    $250,000

    • 6 Beds
    • 3 Baths
    • 18241 Roy St
    • Lansing, IL

    Charming multi-unit building located on a picturesque, tree-lined street in the heart of Lansing's beautiful and quaint downtown! This rare 3-unit property offers a fantastic opportunity for both investors and owner-occupants. Each unit has its own private entrance/exit, and a 2-car detached garage adds convenience and value. The first-floor unit features 3 spacious bedrooms, 1 full bath,

    Kyle R. Bowen McColly Real Estate

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $295,000 +5.4% --
06/04/2024 06/04/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $280,000 +37.3% --
02/27/2020 02/27/20 Sold $204,000 +2.0% --
10/01/2019 10/01/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $200,000 -2.0% --
09/22/2019 09/22/19 Off Market $204,000 -- --
09/10/2019 09/10/19 For Sale $200,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12069360

Midwest Real Estate Data (MRED)