18103-18107 Torrence Avenue Lansing, IL ^$ 399,000

18103-18107 Torrence Avenue

^$ 399,000

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18103-18107 Torrence Avenue

Lansing, IL, 60438

^$ 399,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,756

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Commercial Property for sale in Lansing, IL

for $399,000. This building was built in 1914 on a lot size of 0.3651.

7 unit mixed use property in Lansing, IL. 5 retail/service spaces at grade and 2-1br1b residential apartments above. Located roughly 25 miles South of Chicago, with convenient access to I-80/94 and nearby major thoroughfares, providing strong connectivity throughout the South Suburbs and Northwest Indiana. The corner lot at Torrence and Indiana Ave offers a redevelopment opportunity to reshape the corner if desired. Positioned inside the Lansing - Torrence Ave Corridor TIF district and Calumet Region Enterprise Zone, there are multiple incentive paths a buyer can take advantage of as well.

Commercial Active

Price

^$ 399,000

Property Type

Commercial

Taxes

^$ 8,570

Style

Lot Size

0.3651

Year Built

1914

Town/City

Lansing

County/Region

Cook

MLS | Web ID

12793910

Features

General

Cooling Central Air

Year Built 1914

Electric Circuit Breakers Separate Meters

Stories Count 2

Property Subtype Mixed Use

Tax Year 2024

Gross Income 55860

County Cook

Insurance Expense 6660

Property Type Commercial Sale Mixed Use

Status New

Directions North on Torrence to Indiana Ave. Property on the SE corner of the intersection.

City Lansing

Number Of Units Total 7

MLS Area Lansing

Lot Size Square Feet 15904

Tax Annual Amount 8570

Electric Expense 1484

Fuel Expense 960

Trash Expense 2511

Water Sewer Expense 865

Standard Status Active

Exterior

Lot Dimensions 0.3651 acres

Lot Size Acres 0.3651

* Excluded Features

List By

Bauvista Illinois Llc

Broker

austin@bauvista.io

Affordability Calculator

$3,470

Per Month

Monthly Principal & Interest: $2,756
Monthly Property Taxes: $714
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Commerical listings in Lansing, IL

Average List Price ^$381,071

Percent of Sale Price 4%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/26/2026	$399,000		Listed Price

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18103-18107 Torrence Avenue, Lansing, IL, 60438 is a Commercial Property for sale at $399,000 with a lot size of 0.3651. 18103-18107 Torrence Avenue was built in 1914. 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 7.375% 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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Data is updated as of 10/28/2026.

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18103-18107 Torrence Avenue

Commercial Property for sale in Lansing, IL

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