This home's estimate is 40.7% higher than the average sale price ($285K) of 5 comparable homes.
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18377 Torrence Ave, Lansing, IL 60438
About this home
Exceptional opportunity to own a well maintained 4-unit brick building. This income-producing property is ideally suited for both owner-occupants seeking a home with added financial benefits and savvy investors looking to expand their portfolio. The building features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each equipped with appliances for convenience. Pipes and electrical have been updated. Residents will appreciate the on-site laundry facility, which includes a coin-operated washing machine and dryer, presenting additional revenue. Dedicated on-site parking is situated at the rear of the building, catering to tenants and guests. Perfect location. Just minutes away from major expressways, fantastic dining options, and a variety of shopping destinations. This remarkable property is being offered AS IS, presenting a unique canvas for your vision and investment potential. Don't miss out on this promising opportunity!
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Market trends in 60438, IL
Last updated September 2026
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Sale history for 18377 Torrence Ave





There are no remarks available.
Tax history for 18377 Torrence Ave
*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
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.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): 4
- Parking Features: Unassigned, Off Street, Parking Lot, Garage Faces Side, Owned
Interior
- Bathroom Information
- # of Baths (Full): 4
- Bedroom Information
- # of Bedrooms: 5
- # of Bedrooms Possible: 5
- Interior Features
- # of Rooms: 13
- Unit Type 1 Information
- Floor Number: 1
- # of Rooms: 4
- # of Bedrooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Security Deposit: 1150
- Rent: $1,150
- Tenant Pays: Electric,Gas,Heat
- Lease Expiration Date: Wednesday, October 1, 2025
- Unit Type 2 Information
- Floor Number: 1
- # of Rooms: 4
- # of Bedrooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Rent: $950
- Tenant Pays: Electric,Gas,Heat
- Lease Expiration Date: Tuesday, July 1, 2025
- Unit Type 3 Information
- Floor Number: 2
- # of Rooms: 5
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Rent: $1,500
- Tenant Pays: Electric,Gas,Heat
- Lease Expiration Date: Sunday, June 1, 2025
- Unit Type 4 Information
- Floor Number: 2
- # of Rooms: 4
- # of Bedrooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Security Deposit: $950
- Rent: $950
- Tenant Pays: Electric,Gas,Heat
- Lease Expiration Date: Sunday, June 1, 2025
Exterior
- Building Information
- # Of Units in Building: 4
- Age: 61-70 Years
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Property Information
- Property Type: Two to Four Units
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): Yes
- Rehab Year: 2021
- General Information: Commuter Bus,Interstate Access
- Parcel Number: 30313110110000
- Lot Information
- Dimensions: 4640
- Lot Size: .25-.49 Acre
Financial
- Tax Information
- Tax Annual Amount: $11,128
- Tax Year: 2023
- Tax Exemptions: Homeowner
- Financial Information
- Finance Code: Conventional
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Lake Michigan, Public
- Sewer: Public Sewer
- Heating & Cooling
- Heating: Steam, Baseboard
Location
- School Information
- Elementary School District: 158
- Middle Or Junior School District: 158
- High School District: 215
- Location Information
- Township: Thornton
- Corporate Limits: Lansing
- Directions: Take Torrence Avenue to 18377 Torrence.
Public facts
- Beds: 5
- Baths: 4.0
- Sq. Ft.: 2,563
- Stories: 1.0
- Lot Size: 4,640 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1962
- Year Renovated: —
- County: Cook County
- APN: 30313110110000
Other
- Listing Information
- Holds Earnest Money: No
- Possession: Closing
- Some Photos Virtually Staged?: No
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 0.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.46% chance of being in a wildfire in next 30 years
7 days above 102° expected this year, 15 days in 30 years
Minor risk of severe winds over next 30 years
4 unhealthy days expected this year, 5 days in 30 years
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.
Nearby similar homes
New listings for sale in 60438
Home values near 18377 Torrence Ave
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 819 Sq. Ft. | $77,368 |
2 Beds | 1 Baths | 819 Sq. Ft. | $70,946 |
| Address | Redfin Estimate |
|---|---|
8 Beds | 6 Baths | 3969 Sq. Ft. | — |
2 Beds | 1 Baths | 819 Sq. Ft. | $44,176 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 4 Baths | - Sq. Ft. | $386,371 |
2 Beds | 1 Baths | 1000 Sq. Ft. | $91,821 |
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