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!
Closed
$410,000
18514 Torrence Ave, Lansing, IL 60438
7beds
--sqft
Multi Family
Built in 1963
-- sqft lot
$415,600 Zestimate®
$--/sqft
$1,837 Estimated rent
Home value
$415,600
$374,000 - $461,000
$1,837/mo
Zestimate® history
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$1,837/mo
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$2,864/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 01, 2025 at 01:29am
Listing courtesy of:
Cara Dulaitis 708-227-7530,
Re/Max 10
Bought with:
Robert Gray
Real People Realty
Source: MRED as distributed by MLS GRID,MLS#: 12426672
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Appliances
- Included: Multiple Water Heaters, Gas Water Heater
Features
- Windows: Screens
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot, On Site, Owned
Lot
- Size: 6,375 sqft
- Dimensions: 51X125
Details
- Parcel number: 29364020850000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1963
Details
- Builder model: 4 unit
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Security
- Security features: Closed Circuit Camera(s)
Community
- Community features: Sidewalks, Street Lights, Street Paved
Location
- Region: Lansing
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Sold | $410,000-3.5% |
Source:  MRED as distributed by MLS GRID #12426672 Report a problem | ||
| 9/16/2025 | Contingent | $425,000 |
Source: MRED as distributed by MLS GRID #12426672 Report a problem | ||
| 8/28/2025 | Listed for sale | $425,000 |
Source: MRED as distributed by MLS GRID #12426672 Report a problem | ||
| 8/13/2025 | Contingent | $425,000 |
Source: MRED as distributed by MLS GRID #12426672 Report a problem | ||
| 7/31/2025 | Listed for sale | $425,000+51.8% |
Source: MRED as distributed by MLS GRID #12426672 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 60438
Nearby schools
GreatSchools rating
- 5/10Oak Glen Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Memorial Jr High SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Thornton Fractional South High SchoolGrades: 9-12Distance: 0.9 mi
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
$415,600
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
$415,600
- Illinois
- Cook County
- Lansing
- 60438
- 18514 Torrence Ave