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  • $318,000

    18377 Torrence Ave, Lansing, IL 60438

    5beds
    --sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $323,700 Zestimate®
    $--/sqft
    $1,761 Estimated rent

    Home value

    $323,700

    Estimated sales range

    Not available

    $1,761/mo

    Zestimate® history
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    $1,761/mo

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    $2,213/mo

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    $2,213/mo

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    What's special

    Exceptional opportunity to own a well maintained 4-unit brick building. This income-producing property is ideally suited for both owner-occupants seeking a home with added financial benefits and savvy investors looking to expand their portfolio. The building features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each equipped with appliances for convenience. Pipes and electrical have been updated. Residents will appreciate the on-site laundry facility, which includes a coin-operated washing machine and dryer, presenting additional revenue. Dedicated on-site parking is situated at the rear of the building, catering to tenants and guests. Perfect location. Just minutes away from major expressways, fantastic dining options, and a variety of shopping destinations. This remarkable property is being offered AS IS, presenting a unique canvas for your vision and investment potential. Don't miss out on this promising opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: September 12, 2025 at 04:17pm

    Listing courtesy of:

    Deborah McGowan 708-473-9366,

    Real People Realty

    Bought with:

    Susan Shoup

    Exclusive Realtors

    Source: MRED as distributed by MLS GRID,MLS#: 12395262MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Steam, Baseboard
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 4
    • Parking features: Unassigned, Off Street, Parking Lot, Garage Faces Side, On Site, Owned
    • Has garage: Yes
    Lot
    • Size: 4,640 sqft
    Details
    • Parcel number: 30313110110000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1962
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Location
    • Region: Lansing

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/12/2025Sold$318,000-3.6%
    Source: MRED as distributed by MLS GRID #12395262 Report a problem
    8/14/2025Pending sale$329,900
    Source: MRED as distributed by MLS GRID #12395262 Report a problem
    8/11/2025Listed for sale$329,900
    Source: MRED as distributed by MLS GRID #12395262 Report a problem
    7/25/2025Pending sale$329,900
    Source: MRED as distributed by MLS GRID #12395262 Report a problem
    7/23/2025Price change$329,900-4.4%
    Source: MRED as distributed by MLS GRID #12395262 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$11,128 -0.3%$23,000 +33.9%
    2022$11,165 +2.8%$17,180
    2021$10,860 +7.7%$17,180

    Find assessor info on the county website

    Neighborhood: 60438

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 158

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $323,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $323,700