18425 Torrence Avenue Lansing, IL ^$ 250,000

18425 Torrence Avenue

^$ 250,000

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Recently Listed

18425 Torrence Avenue

Lansing, IL, 60438

^$ 250,000

Bedrooms5 Baths4.0

Monthly Estimate*

^$ 1,579

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Multi-Family Home for sale in Lansing, IL

for $250,000 with 5 bedrooms and 4 full baths. This home was built in 1963 on a lot size of 0.1065.

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

^$ 250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 12,096

Style

Quadruplex

Lot Size

0.1065

Year Built

1963

Town/City

Lansing

County/Region

Cook

MLS | Web ID

845973

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 2563

Half Baths 0

3/4 Baths 0

Total Bedrooms 5

Total Baths 4

General

Sewer Public Sewer

Heating Natural Gas

Appliances None

Pets Allowed Cats OK Dogs OK

Year Built 1963

Township Thornton

Levels Bi-Level

Property Subtype Quadruplex

Tax Year 2023

County Cook

New Construction N

Property Type Residential Income

HOA N

Subdivision Name Glen Oak

Garage Y/N N

Rent Includes Sewer Water Trash Collection

Total Rooms 11

Full Baths 4

Status Active

Directions Torrence Ave exit from I-94 south to property

City Lansing

Lot Size Square Feet 4640

Listing Terms Cash Conventional

Tax Annual Amount 12096

Standard Status Active

Tax Assessed Value 25000

Legal Description Lot#: 7/11 12 36-15-31SW Sheet 1

Exterior

Parking Features Alley Access

Lot Features Front Yard

Water Source Public

Lot Size Acres 0.1065

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Steve Meeker

Listing Agent

Meeker Real Estate Inc

Broker

smeeker1@comcast.net

Affordability Calculator

$2,587

Per Month

Monthly Principal & Interest: $1,579
Monthly Property Taxes: $1,008
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$591,990

Percent of Sale Price 137%

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.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/27/2026	$250,000		Listed Price

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18425 Torrence Avenue, Lansing, IL, 60438 is a Multi-Family Home for sale at $250,000 with a lot size of 0.1065. 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 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 9/29/2026.

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18425 Torrence Avenue

Multi-Family Home for sale in Lansing, IL

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