$67,000 - $86,000
RENTED APR 24, 2025

18550 Torrence Ave Unit 12 Lansing, IL 60438

2 Beds
1 Bath
900 Sq Ft
$89 Price per Sq Ft

Last Sold May 11, 2023

Last sale price $58,000 $64 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $498/month

Highlights

  • Living Room
  • Dining Room
  • Carpet
  • Laundry Room
  • Family Room

About This Home

As of April 2025

Completely remodeled 2nd floor condo ready to move into. Seller requires a 650+ credit score. 1 month security will be due at time of lease with 1st months rent. Unit is all electric. Recently updated. Forest Glen Complex features inside and outside security cameras. Rent Includes, water, heat, and cooking gas. Make an appointment to see this one today!. Property available now...

Last Agent to Rent the Property

Carolyn Moore-Washington

Coldwell Banker Realty License #475124213 Listed on: 01/29/2025

Coldwell Banker Realty

Last Renter's Agent

Norman Brown

Infiniti Properties, Inc. License #475151423

Infiniti Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,922

Year Built

  • Built in 1992

Lot Details

  • 4.58

Home Design

  • Property Attached
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Security Deposit $1,550
  • Property Available on 2/1/25
  • Rent includes heat, water, parking
  • 12 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,922

Year Built

Built in 1992

Lot Details

0

Rental Info

  • Available Date: 2025-02-01
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Rental Price: 1550
  • Security Deposit: 1550

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 2
  • Property Attached: Yes
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator, Microwave
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Rent Includes: Heat, Water, Parking

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Adekunle Dasola R
Bought by
Ozonwankwo Ernest C
Current Estimated Value
$79,802

Purchase Details

Closed on
Dec 8, 2020
Sold by
Cem Investment Llc
Bought by
Adekunle Dasola R

Purchase Details

Closed on
May 15, 2019
Sold by
Owoeye Ibukun P
Bought by
Cem Investment Llc

Purchase Details

Closed on
Jul 23, 2014
Sold by
Edwards Dawn C
Bought by
Owoeye Ibukun

Purchase Details

Closed on
Oct 21, 2005
Sold by
Race Wendy A
Bought by
Edwards Dawn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 1994
Sold by
South Holland Trust & Svgs Banks
Bought by
Faitak Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
8.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Ozonwankwo Ernest C $72,000 None Listed On Document
Adekunle Dasola R $50,000 None Available
Cem Investment Llc $45,000 Attorney
Owoeye Ibukun $16,000 First American Title
Edwards Dawn C $79,900 Atgf Inc
Faitak Judith A $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Dawn C $63,920
Previous Owner Faitak Judith A $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2025 04/24/25 Rented $1,321 -14.8% --
04/21/2025 04/21/25 Under Contract -- -- --
03/11/2025 03/11/25 Off Market $1,550 -- --
01/29/2025 01/29/25 For Rent $1,550 +6.9% --
07/30/2023 07/30/23 Rented $1,450 0.0% --
07/12/2023 07/12/23 Under Contract -- -- --
07/12/2023 07/12/23 For Rent $1,450 0.0% --
05/11/2023 05/11/23 Sold $58,000 -11.5% $64 / Sq Ft View Prior Sale
04/25/2023 04/25/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $65,500 0.0% $73 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/25/2023 03/25/23 Price Changed $65,500 0.0% $73 / Sq Ft
03/25/2023 03/25/23 For Sale $65,500 -5.1% $73 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $69,000 -0.4% $77 / Sq Ft
01/24/2023 01/24/23 Price Changed $69,250 -0.7% $77 / Sq Ft
12/22/2022 12/22/22 Price Changed $69,750 -0.2% $78 / Sq Ft
10/04/2022 10/04/22 For Sale $69,900 -- $78 / Sq Ft
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
2024 $2,922 $6,040 $932 $5,108
2023 $2,600 $6,040 $932 $5,108
2022 $2,600 $4,002 $847 $3,155
2021 $2,529 $4,000 $846 $3,154
2020 $2,347 $4,000 $846 $3,154
2019 $1,406 $2,470 $762 $1,708
2018 $0 $3,119 $762 $2,357
2017 $0 $3,119 $762 $2,357
2016 $653 $3,692 $677 $3,015
2015 $543 $3,692 $677 $3,015
2014 $1,850 $3,692 $677 $3,015
2013 $1,992 $4,425 $677 $3,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12267733

Midwest Real Estate Data (MRED)

APN: 29-36-410-003-1002