NOT LISTED FOR SALE

18433 Torrence Ave Lansing, IL 60438

Lansing Area
6 Beds
3.5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: June 30, 2021

Last sale price $247,500

161 Days on Market

About This Home

As of June 2021

This home is located at 18433 Torrence Ave, Lansing, IL 60438 since 09 December 2020. This property was built in 1961. 18433 Torrence Ave is a home located in Cook County.

Last Agent to Sell the Property

Orod Caston

Charles Rutenberg Realty License #475138983 Listed on: 12/09/2020

Charles Rutenberg Realty

Last Buyer's Agent

Varine Hampton

Centurion Realty & Estates Inc License #475178299

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,187

Year Built

  • Built in 1961

Lot Details

  • 2,614 Sq Ft Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • 7 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $2,000
  • Trash Expense $1,008
  • Water Sewer Expense $1,000
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,187

Year Built

Built in 1961

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Side Apron
  • ParkingTotal: 7
  • Number of Cars: 7
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Trash Expense: 1008
  • Water Sewer Expenses: 1000
  • Trash Expense Year: 1008

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.06
  • Lot Dimensions: 2900 SQ. FT.
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 2000
  • ElectricExpense: 360
  • GrossIncome: 34800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 10187.34
  • Tax Year: 2019
  • Tax Exemptions: None

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 9, 2020
Closed on
Jun 28, 2021
Sold by
Bought by
Seller's Agent
Orod Caston
Charles Rutenberg Realty
Buyer's Agent
Varine Hampton
Centurion Realty & Estates Inc
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,128
Outstanding Balance
$216,285
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$247,500 Old Republic Title
-- None Available
$345,000 Ticor Title Ins Co 2002
-- --
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 $241,128
Previous Owner $276,000
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
06/30/2021 06/30/21 Sold $247,500 +3.2% --
05/18/2021 05/18/21 Pending -- -- --
05/18/2021 05/18/21 For Sale -- -- --
05/14/2021 05/14/21 For Sale $239,900 -3.1% --
05/10/2021 05/10/21 Off Market $247,500 -- --
05/07/2021 05/07/21 For Sale $239,900 0.0% --
05/07/2021 05/07/21 Price Changed $239,900 -3.1% --
03/18/2021 03/18/21 Off Market $247,500 -- --
03/17/2021 03/17/21 For Sale $235,000 0.0% --
01/08/2021 01/08/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $235,000 0.0% --
12/23/2020 12/23/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $235,000 -- --
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 $9,852 $20,362 $1,595 $18,767
2024 $9,852 $20,362 $1,595 $18,767
2023 $7,653 $20,362 $1,595 $18,767
2022 $7,653 $11,778 $1,378 $10,400
2021 $4,792 $11,776 $1,377 $10,399
2020 $5,635 $11,776 $1,377 $10,399
2019 $8,109 $16,643 $1,160 $15,483
2018 $7,956 $16,643 $1,160 $15,483
2017 $8,057 $16,643 $1,160 $15,483
2016 $5,523 $11,848 $1,087 $10,761
2015 $5,086 $11,848 $1,087 $10,761
2014 $5,855 $13,484 $1,087 $12,397
2013 $6,354 $15,953 $1,087 $14,866
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10949794

Midwest Real Estate Data (MRED)
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