18425 Torrence Avenue Lansing, IL ^$ 324,900

18425 Torrence Avenue

^$ 324,900

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18425 Torrence Avenue

Lansing, IL, 60438

^$ 324,900

Bedrooms5 Baths4.0

Monthly Estimate*

^$ 2,000

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Multi-Family Home for sale in Lansing, IL

for $324,900 with 5 bedrooms and 4 full baths. This home was built in 1963 on a lot size of 0.11.

Excellent investment opportunity in the heart of Lansing! This well-maintained 4-unit building features three spacious 1-bedroom units and one 2-bedroom unit, offering strong rental potential and steady income opportunities. The property includes a total of 11 rooms, 5 bedrooms, and 4 full baths, providing comfortable living spaces for tenants. Conveniently located near shopping, dining, major highways, and public transportation. Whether you're expanding your portfolio or looking to owner-occupy while generating rental income, this multi-unit property is full of potential. Don't miss this opportunity to own a solid income-producing property in a desirable location!

Multi-Family Active

Price

^$ 324,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 12,096

Style

Lot Size

0.11

Year Built

1963

Town/City

Lansing

County/Region

Cook

MLS | Web ID

12642372

Features

General

Sewer Public Sewer

Heating Natural Gas Steam Other Zoned

Possession Tenant's Rights

Roof Asphalt

Zoning MULTI

Construction Materials Brick

Year Built 1963

Township Thornton

Tax Year 2023

Ownership Fee Simple

Gross Income 34800

Community Features Park Curbs Sidewalks Street Lights Street Paved

County Cook

Net Operating Income 0

New Construction N

Property Type Residential Income Two to Four Units

Other Structures None

Total Rooms 11

Status New

Directions Torrence Ave exit from I-94 to property

City Lansing

High School District 215

MLS Area Lansing

Tax Annual Amount 12096

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 171

Elementary School District 171

Interior

Basement None

Total Bedrooms 5

Room Type Foyer

Total Baths 4

Bedrooms Possible 5

Full Baths Building 4

Half Baths Building 0

Total Number of Units 4

Exterior

Parking Features Assigned Off Alley Yes Other

Lot Features Landscaped

Water Source Public

Total Parking 4

Foundation Details Concrete Perimeter

Lot Dimensions 40X119

Lot Size Acres 0.11

Waterfront Y/N N

Other Equipment TV-Cable

* Excluded Features

List By

Meeker Real Estate Inc

Broker

smeeker1@comcast.net;smeeker1@comcast.net

Affordability Calculator

$3,008

Per Month

Monthly Principal & Interest: $2,000
Monthly Property Taxes: $1,008
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lansing, IL

Average List Price ^$608,967

Percent of Sale Price 87%

About Lansing, IL

27,864 Population

-1% Since 2002

^$48,835 Median Income

39.21 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566649 Elementary School

567574 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/11/2026	$324,900		Listed Price

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18425 Torrence Avenue, Lansing, IL, 60438 is a Multi-Family Home for sale at $324,900 with a lot size of 0.11. 18425 Torrence Avenue has 5 bedrooms, 4.0 baths, and was built in 1963. The property's zip code is 60438 which is in Lansing, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/14/2026.

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18425 Torrence Avenue

Multi-Family Home for sale in Lansing, IL

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