Lansing, IL 60438,18514 Torrence AVE
Lansing, IL 60438,18514 Torrence AVE
Lansing, IL 60438,18514 Torrence AVE
Lansing, IL 60438,18514 Torrence AVE
Lansing, IL 60438,18514 Torrence AVE
Lansing, IL 60438,18514 Torrence AVE
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$ 425,000
Est. payment | /mo

7 Beds

4 Baths


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$ 425,000
Est. payment | /mo
Save

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12426672

Bedrooms 7

Year Built 1963

Annual Tax Amount $14,031

Tax Year 2023

Lot Dimensions 51X125

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Lansing

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Equipment Ceiling Fan(s), Multiple Water Heaters, Security Cameras, Water Heater-Gas

Fireplace N

Exterior

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 158 , 158, 215

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Cara Dulaitis • Re/Max 10

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agent
Sarah Leonard

Broker | Owner

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18514 Torrence AVE