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Price cut: $24,950
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Two to Four Units · Lansing, IL
$299,950$324,900
5 beds · 4 baths
18425 Torrence Avenue, Lansing, IL, 60438
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Excellent investment opportunity in the heart of Lansing! This well-maintained 4-unit building features three spacious 1-bedroom units and one 2-bedroom unit, offering strong rental potential and steady income opportunities. The property includes a total of 11 rooms, 5 bedrooms, and 4 full baths, providing comfortable living spaces for tenants. Conveniently located near shopping, dining, major highways, and public transportation. Whether you're expanding your portfolio or looking to owner-occupy while generating rental income, this multi-unit property is full of potential. Don't miss this opportunity to own a solid income-producing property in a desirable location!
— the listing agent’s description

The home

5 beds
4 baths
Built in 1963
0.11-acre lot
Two to Four Units

What it’ll cost

$12,096 taxes / yr
No HOA
Listed $324,900
Now $299,950
34 days on dwello

Estimated monthly payment

$2,690/mo
Principal & interest$1,595
Property taxes$1,008
Homeowners insurance$87
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Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
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34 days on dwello
Price history
Price reduced
Jun 13, 2026
↓ $24,950$299,950
Listed for sale
May 11, 2026
$324,900
Now $24,950 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$12,096/yr
Assessed value
2025
County assessor
$25,000~$250,000 mkt
2024
$25,000~$250,000 mkt
2023
$25,000~$250,000 mkt
2022
$15,294~$152,940 mkt
2021
$15,294~$152,940 mkt
2020
$15,293~$152,930 mkt
2019
$17,439~$174,390 mkt
2018
$17,439~$174,390 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasSteamOtherZonedBrickPublic SewerAssignedOff Alley

Schools nearby

Trinity School · 0.3 mi
Oak Glen Elementary School · 0.4 mi
Memorial Junior High School · 0.5 mi
Saint Ann's School · 0.8 mi
Thornton Fractional High School South · 0.9 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Steve Meeker · Meeker Real Estate Inc
Listing last updated Jun 13, 2026 · data refreshed from the MLS Jun 17, 2026, 6:28 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:28 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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