18346 Torrence Avenue consists of a two-story multi-family brick building with seven (7) residential units comprised of five (5) 1-Bedroom/1-Bathroom units and two (2) 2-Bedroom/1-Bathroom units with 3,900 square feet of living area in 4,500 square feet of total gross area on a 0.2-acre parcel of land. The Property features an on-site laundry facility and parking for seven vehicles. The building also has new composite walkways, and a new boiler. The vacant units are being remodeled with new tile baths, new carpet, and updated appliances. Additionally, many of the windows have been replaced.
Multi-familyProperty Type
1963Year Built
8,712 sq ftLot Size
7 spacesParking
Listed by Anthony Spangler• Horvath & Tremblay IL, LLC
Bought with Terrence Galloway• Signature Real Estate Services
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
8,061 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Cook County
APN
29364040070000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 2026.
R4
General Residence District
The purpose of the R4 general residential district is to provide for, and preserve, the quality of higher density residential development that promotes the efficient use of land and infrastructure and provides for a variety of housing types and styles where such development is compatible with adjacent uses. The R4 district also provides for limited public and institutional uses that are compatible with surrounding residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Park & open space
Property details
Parking
Parking Information
# of Parking (Total): 7
Interior
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 2
Monthly Income: $800
Monthly Income Max: $950
Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 7
Monthly Income: $700
Monthly Income Max: $850
Exterior
Building Information
# of Units: 7
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Multi Family 5+
Parcel Number: 29364040070000
Lot Information
Dimensions: 50X150
Financial
Tax Information
Tax Annual Amount: $14,745
Tax Year: 2021
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 6.5
Total Monthly Income: $5,155
Gross Income: $61,860
Utilities
Heating & Cooling
Heat/Ventilation: Gas,Radiators
Location
Location Information
Directions: Head south on torrence, building on the west side of torrence
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,061 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 29364040070000
Home facts updated by county records on Sep 16, 2026
Other
Expense Information
Water Sewer Expense: $1,771
Electric Expense: $418
Trash Expense: $1,750
Insurance Expense: $2,729
Around this home
Schools
Oak Glen Elementary School
Public K-5 • Assigned • 0.4mi
4/10
Memorial Junior High School
Public 6-8 • Assigned • 0.5mi
4/10
Thornton Fractional South High School
Public 9-12 • Assigned • 0.9mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Lansing, IL • 60438
Average low and high temperatures (°F)
30
16
39
23
55
34
62
43
68
49
81
63
86
69
82
64
78
57
66
49
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.