$410,000
SOLD OCT 30, 2025

18514 Torrence Ave Lansing, IL 60438

7 Beds
4 Baths
-- Sq Ft
1963 Built

Recently Sold

4% Below List Price

48 Days on Market

Highlights

  • Video Cameras
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Forced Air Heating System
  • Multiple Water Heaters

About This Home

As of October 2025

INVESTMENT OPPORTUNITY - SOLID BRICK 4 UNIT - Rarely available 4 unit with THREE-2 bedroom/1 bath units (all rented) and ONE-1 bedroom/1 bath unit (vacant). Perfect investment opportunity to live in 1 unit, while tenants pay your mortgage. OR rent all 4 & simply add to your portfolio. Tenants pay their own gas & electric (landlord pays water). Each unit has its OWN water heater & separate furnace, as well as a stove & fridge. Solar powered security cameras on front & back included; parking includes 4 dedicated spots; one per unit. Three of the 4 units have been refreshed in the last 4 years (new toilets, paint, flooring etc). Ideal location just south of 80-94. Taxes currently reflect zero exemptions. Don't let this investment opportunity pass you by; the neighboring 4-unit sold in just 4 days at this price!

Last Agent to Sell the Property

Cara Dulaitis

Re/Max 10 License #475171505 Listed on: 07/30/2025

Re/Max 10

Last Buyer's Agent

Robert Gray

Real People Realty License #475197573

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,031

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 51x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Window Screens
  • Video Cameras

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Parking Lot
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

  • 4 Units
  • 4 Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,031

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s), Multiple Water Heaters, Security Cameras, Water Heater-Gas
  • Window Features: Screens
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Parking Lot, On Site, Owned
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 51X125
  • 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

Tax Info

  • Tax Annual Amount: 14031.06
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat
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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
10/30/2025 10/30/25 Sold $410,000 -3.5% --
09/16/2025 09/16/25 Pending -- -- --
08/28/2025 08/28/25 For Sale $425,000 0.0% --
08/12/2025 08/12/25 Pending -- -- --
07/30/2025 07/30/25 For Sale $425,000 +51.8% --
10/07/2021 10/07/21 Sold $280,000 -3.4% -- View Prior Sale
07/02/2021 07/02/21 Pending -- -- --
06/25/2021 06/25/21 For Sale -- -- --
06/22/2021 06/22/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $290,000 +52.7% --
04/05/2019 04/05/19 Sold $189,900 0.0% -- View Prior Sale
02/11/2019 02/11/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $189,900 +5.4% --
05/18/2016 05/18/16 Sold $180,100 +0.1% -- View Prior Sale
04/01/2016 04/01/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $179,900 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12426672

Midwest Real Estate Data (MRED)