NOT LISTED FOR SALE

18550 Torrence Ave Unit 28 Lansing, IL 60438

Estimated Value: $76,969 - $96,000

2 Beds
1 Bath
950 Sq Ft
199,287 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $68,000 $72 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $524/month

Highlights

  • Pool House
  • Balcony
  • Laundry Room
  • Party Room
  • Security Service
  • Ceramic Tile Flooring

About This Home

As of November 2024

Nicely updated 2 bedroom, 1 bath condo w/ oversized living-room area w/ connecting dining room and private balcony . The galley style kitchen has updated cabinetry w/ stainless steel appliances and updated backsplash. Hallway leads to 2 nice sized bedrooms. Bathroom recently updated. with eye-pleasing ceramic tile, vanity and fixtures. Unit is in a secure access building w/ surveillance cameras for added safety. There is common area storage, on-site, coin-op laundry and assigned off street parking. Rent to include: heat, water, gas, scavenger service, lawn care, snow removal, clubhouse, pool and parking. Location conveniently close to local restaurants, transportation, shopping and expressway. (NON ELEVATOR BUILDING) Patio faces the pool, which is being removed & a park area will be put in....

Last Agent to Rent the Property

Carolyn Moore-Washington

Coldwell Banker Realty License #475124213 Listed on: 11/03/2024

Coldwell Banker Realty

Last Renter's Agent

Mercedes Shelton

Keller Williams ONEChicago License #473020532

Keller Williams ONEChicago

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1992 | Remodeled in 2023

Lot Details

  • 4.58

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Pool House
  • Balcony
  • Outdoor Storage

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $1,400
  • Property Available on 11/1/24
  • Rent includes heat, water, parking, pool, exterior maintenance, lawn care, storage lockers, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 40 Units
  • Forest Glen Condominium Assoc Association, Phone Number (630) 748-8310
  • Property managed by Forest Glen Condominium Association, Inc

Amenities

  • Party Room
  • Coin Laundry
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Condo Details

Home Type

Condominium

Year Built

Built in 1992 | Remodeled in 2023

Lot Details

4.58 Acres

Rental Info

  • Available Date: 2024-11-01
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1400
  • Security Deposit: 1400
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2023
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 950
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony
  • OtherStructures: Pool House, Storage
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Coin Laundry, Storage, Party Room, Pool, Security
  • Rent Includes: Heat, Water, Parking, Pool, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management Company: Forest Glen Condominium Association, Inc
  • Management Contact Name: Forest Glen Condominium Assoc
  • Management Phone: 630-748-8310

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 10, 2023
Sold by
Johnson Kenya M
Bought by
Sk Investment Properties Llc
Seller's Agent
Telly Rayford
HomeSmart Realty Group
Buyer's Agent
Carolyn Moore-Washington
Coldwell Banker Realty
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%
Views
34
Current Estimated Value
$83,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,742
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Nov 19, 2012
Sold by
Larkins Nelson D and Larkins Nelson
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Apr 30, 2012
Sold by
The Secretary Of Hud
Bought by
Johnson Kenya M

Purchase Details

Closed on
Aug 11, 2004
Sold by
Pope Suzanne M
Bought by
Larkins Nelson Devon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1994
Sold by
South Holland Trust & Svgs Bank
Bought by
Pope Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
8.86%
Mortgage Type
FHA
Source: Public Records
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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
Sk Investment Properties Llc $68,000 Chicago Title
The Secretary Of Hud -- None Available
Johnson Kenya M -- None Available
Larkins Nelson Devon $83,000 Pntn
Pope Suzanne M $62,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larkins Nelson Devon $80,400
Previous Owner Pope Suzanne M $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2024 11/23/24 Rented $1,400 0.0% --
11/19/2024 11/19/24 Under Contract -- -- --
11/03/2024 11/03/24 For Rent $1,400 +3.7% --
07/23/2023 07/23/23 Rented $1,350 0.0% --
07/19/2023 07/19/23 Under Contract -- -- --
06/20/2023 06/20/23 For Rent $1,350 0.0% --
05/11/2023 05/11/23 Sold $68,000 -9.2% $72 / Sq Ft View Prior Sale
04/24/2023 04/24/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $74,900 -- $79 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,922 $6,040 $932 $5,108
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 $1,743 $3,119 $762 $2,357
2017 $1,760 $3,119 $762 $2,357
2016 $2,019 $3,692 $677 $3,015
2015 $1,876 $3,692 $677 $3,015
2014 $1,850 $3,692 $677 $3,015
2013 $1,612 $3,580 $677 $2,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12193916

Midwest Real Estate Data (MRED)

APN: 29-36-410-003-1028

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