NOT LISTED FOR SALE

18550 Torrence Ave Unit 4 Lansing, IL 60438

Estimated Value: $66,945 - $88,000

2 Beds
1 Bath
950 Sq Ft
$324/ mo HOA Fee

Last Sold April 19, 2023

Last sale price $60,000 $63 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $793/month

328 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Laundry Facilities
  • Resident Manager or Management On Site
  • Baseboard Heating
  • Dogs Allowed

About This Home

As of April 2023

Investors Welcome!!! OK TO RENT!!! VACANT. FRESHLY PAINTED 1st floor unit facing Torrence. Can easily be rented for $1,000/month. *Heat, Cooking Gas, 2 Bedroom Deluxe @ 950 sq ft 1st floor Condo with Pool Access *Heat, Cooking Gas, Water, Sewer, and Garbage Pick up Included in Assessments *14' x 12' Bedroom and 12' x 10' Bedroom *Newly Tiled Kitchen and Dining Area, Newer Carpet through out *Residents pay Electric, Phone and Cable *Laundry Located on each Floor of Building *1 Assigned and 1 Unassigned Off Street parking spaces.

Last Agent to Sell the Property

Leslie Bogs

Bogs Management, Inc. License #471020995 Listed on: 04/28/2022

Last Buyer's Agent

Leloni Dixon-Greenwood

Williamson Realty Solutions In License #475153487

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1985 | Remodeled in 2020

Lot Details

  • 4.58

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 27 Units
  • Advocate Association, Phone Number (708) 922-9144
  • Property managed by Advocate Property Management

Pet Policy

  • Pets up to 25 lbs
  • Dogs Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,826

Year Built

Built in 1985 | Remodeled in 2020

Lot Details

4.58 Acres

HOA Fees

$324 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1985
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2020

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 950
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Dogs OK
  • Association Fee: 324
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Advocate Property Management
  • Management Contact Name: ADVOCATE
  • Management Phone: 708-922-9144
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25#

Tax Info

  • Tax Annual Amount: 2826
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Greenwood Cordell and Greenwood Leloni
Bought by
Kothari Bobby
Current Estimated Value
$74,986

Purchase Details

Closed on
Jul 6, 2023
Sold by
Greenwood Cordell and Greenwood Leloni
Bought by
Greenwood Cordell and Greenwood Leloni

Purchase Details

Listed on
Apr 28, 2022
Closed on
Apr 19, 2023
Sold by
Perry Lillian Morris
Bought by
Greenwood Cordell
Seller's Agent
Leslie Bogs
Bogs Management, Inc.
Buyer's Agent
Leloni Dixon-Greenwood
Williamson Realty Solutions In
List Price
$70,750
Sold Price
$60,000
Premium/Discount to List
-$10,750
-15.19%
Views
207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Jun 18, 2014
Sold by
Deleon Juan
Bought by
Us Bank National Association
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kothari Bobby $72,000 None Listed On Document
Greenwood Cordell -- None Listed On Document
Greenwood Cordell $60,000 None Listed On Document
Us Bank National Association -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2023 04/19/23 Sold $60,000 -10.4% $63 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/21/2023 03/21/23 Price Changed $67,000 -2.9% $71 / Sq Ft
02/06/2023 02/06/23 Price Changed $69,000 -0.5% $73 / Sq Ft
01/24/2023 01/24/23 Price Changed $69,333 -1.0% $73 / Sq Ft
12/22/2022 12/22/22 Price Changed $69,999 -0.4% $74 / Sq Ft
12/01/2022 12/01/22 Price Changed $70,250 -0.7% $74 / Sq Ft
11/18/2022 11/18/22 For Sale $70,750 0.0% $74 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $70,750 0.0% $74 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $70,750 -1.4% $74 / Sq Ft
08/06/2022 08/06/22 For Sale $71,750 0.0% $76 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $71,750 -0.3% $76 / Sq Ft
07/09/2022 07/09/22 For Sale $72,000 0.0% $76 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $72,000 0.0% $76 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $72,000 -- $76 / 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 $3,266 $6,750 $1,041 $5,709
2024 $3,266 $6,750 $1,041 $5,709
2023 $2,906 $6,750 $1,041 $5,709
2022 $2,906 $4,473 $947 $3,526
2021 $2,826 $4,471 $946 $3,525
2020 $2,623 $4,471 $946 $3,525
2019 $1,571 $2,760 $851 $1,909
2018 $1,947 $3,485 $851 $2,634
2017 $1,966 $3,485 $851 $2,634
2016 $2,257 $4,127 $757 $3,370
2015 $2,097 $4,127 $757 $3,370
2014 $2,068 $4,127 $757 $3,370
2013 $2,227 $4,946 $757 $4,189
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11388170

Midwest Real Estate Data (MRED)

APN: 29-36-410-003-1004

Your Personal Tour Guide

Ask me questions while you tour the home.