Lansing, IL 60438,18514 Torrence Avenue
Lansing, IL 60438,18514 Torrence Avenue
Lansing, IL 60438,18514 Torrence Avenue
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Listed by Cara Dulaitisof Re/Max 10
$425,000
Est. payment /mo
7 Beds
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

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

Community Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

View Y/N true

Roof Type Asphalt

Building

Foundation Concrete Perimeter

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


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18514 Torrence Avenue