18514 Torrence Ave

Lansing IL 60438

Multi-Family

Last sold for $410,000

Cara Dulaitis, last sold this property on 30 October 2025 after 91 days on market.

Overview

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!

Features

7 bedrooms

4 bathrooms

4 carspaces

Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Lansing over the last 12 months.

Property history for 18514 Torrence Ave

2025

Sold

$410,000

30 Oct 2025 by Cara Dulaitis, of Re/Max 10

2021

Sold

$280,000

07 Oct 2021 by Nikki Kimsey, of DIAMOND ROCK PARTNERS LLC

2019

Sold

$189,900

05 Apr 2019

Happy sellers in Lansing

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