NOT LISTED FOR SALE

18446 Torrence Ave Lansing, IL 60438

7 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold November 27, 2024

Last sale price $425,000

7 Days on Market

Highlights

  • Gated Community
  • First Floor Utility Room
  • Multiple Water Heaters
  • Landscaped Professionally
  • Two Heating Systems

About This Home

As of November 2024

Fully rented - Recently refreshed Brick 4 Unit. Three are 2 Bedrooms & One is a 1 Bedroom. Modern SS appliances. Each unit has AC. Onsite coin Laundry (Washer & Dryer,) Tenants responsible for Gas, Light & Heat. Owner pays water and trash. Very close to expressways And Bus Transportation On Torrence.

Last Agent to Sell the Property

David Hernandez

St Joseph's Real Estate LLC License #471018555 Listed on: 09/20/2024

Last Buyer's Agent

Zakiya McKinney

Keller Williams ONEChicago License #475183368

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,419

Year Built

  • Built in 1964

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51 x 125
  • Landscaped Professionally

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • First Floor Utility Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Oak Glen Elementary School
  • Memorial Junior High School
  • Thornton Fractnl So High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 4 Units
  • Forest Glen Subdivision

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,419

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Subdivision Name: Forest Glen
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Multiple Water Heaters
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Hardwood Floors,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Gated

Schools

  • Elementary School: Oak Glen Elementary School
  • High School: Thornton Fractnl So High School
  • Middle/Junior School: Memorial Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 51 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat,Other

Tax Info

  • Tax Annual Amount: 14419
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $425,000 0.0% --
09/27/2024 09/27/24 Pending -- -- --
09/24/2024 09/24/24 Off Market $425,000 -- --
09/20/2024 09/20/24 For Sale $425,000 +44.1% --
07/12/2021 07/12/21 Sold $295,000 +3.5% -- View Prior Sale
05/16/2021 05/16/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $285,000 +14.0% --
07/13/2018 07/13/18 Sold $250,000 0.0% -- View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
02/23/2018 02/23/18 Price Changed $250,000 -13.8% --
01/25/2018 01/25/18 Price Changed $290,000 -1.7% --
07/31/2017 07/31/17 For Sale $295,000 +168.2% --
02/25/2015 02/25/15 Sold $110,000 -4.3% -- View Prior Sale
12/01/2014 12/01/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $114,900 0.0% --
09/26/2014 09/26/14 Pending -- -- --
07/23/2014 07/23/14 Price Changed $114,900 -14.8% --
06/07/2014 06/07/14 For Sale $134,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $14,420 $29,112 $3,506 $25,606
2024 $14,420 $29,112 $3,506 $25,606
2023 $10,257 $29,802 $3,506 $26,296
2022 $10,257 $15,783 $3,028 $12,755
2021 $9,977 $15,782 $3,028 $12,754
2020 $11,646 $19,850 $3,028 $16,822
2019 $13,824 $24,281 $2,550 $21,731
2018 $13,568 $24,281 $2,550 $21,731
2017 $13,700 $24,281 $2,550 $21,731
2016 $9,754 $17,839 $2,390 $15,449
2015 $9,063 $17,839 $2,390 $15,449
2014 $10,911 $21,777 $2,390 $19,387
2013 $10,554 $23,439 $2,390 $21,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12169194

Midwest Real Estate Data (MRED)