18514 Torrence AVE new Save Request In-Person Tour Request Virtual Tour
Lansing,IL 60438
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12426672
Bedrooms 7
Year Built 1963
Annual Tax Amount $14,031
Tax Year 2023
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
Area Lansing
Zoning MULTI
Interior
Heating Natural Gas,Forced Air
Equipment Ceiling Fan(s),Multiple Water Heaters,Security Cameras,Water Heater-Gas
Exterior
Community Features Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 158 ,158, 215
Others
Special Listing Condition None