$4,038 Closing Credit¹
#12368689, Nicholas Kravat, Listing office: Keller Williams ONEChicago
$345,000 List price
18377 Torrence Ave Lansing, IL 60438
$4,097
Closing credit¹
5 beds
4 baths
House
Property details
About 18377 Torrence Ave
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. Residents will appreciate the on-site laundry facility, which includes coin-operated washing machines and dryers, presenting additional revenue. Dedicated on-site parking is situated at the rear of the building, catering to tenants and guests. Perfect location. You'll find yourself 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!
Highlights
Home typeResidential
HeatingSteam, Baseboard
StatusActive
(New)
(New)
BasementYes
Year built1962
ParkingUnassigned, Off Street, Parking Lot, Garage Faces Side, On Site, Owned
MLS #12395262
Summary
- Basement: Yes
- Total Bedroom Count: 5
- Parking: Unassigned, Off Street, Parking Lot, Garage Faces Side, On Site, Owned
- Heating: Steam, Baseboard
- List Price: $345,000
- Annual Tax Amount: $11,165
- Tax Year: 2022
- Directions: Take Torrence Avenue to 18377 Torrence.
- Year Built: 1962
- MLS Number: 12395262
- MLS Name: MRED
- Office Name: Real People Realty
- Office Phone: (815) 469-7449
- Listing Agent: Deborah McGowan
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$345,000
18377 Torrence Ave
$4,097
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 09, 2020 | Home Sold | $136,000 |
| Feb 11, 2004 | Home Sold | $200,000 |
| Sep 21, 2000 | Home Sold | $180,000 |
| Dec 12, 1997 | Home Sold | $156,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $17,180 | $11,165 |
| 2020 | $17,180 | $10,079 |
| 2019 | $21,690 | $10,396 |
| 2018 | $21,690 | $10,200 |
| 2017 | $21,690 | $10,333 |
History based on county public records data.
Nearby schools
3
Oak Glen Elementary School
Public District KG-5
0.4 mi
•2101 182nd St
6
Nathan Hale Elementary School
Public District PK-4
1.4 mi
•19055 Burnham Ave
4
Coolidge Elementary School
Public District KG-5
1.4 mi
•17845 Henry St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,333. Typical income of Lansing, IL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
38%
<35k
40%
35k-100k
23%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Pro Boxing
Figure Skating
Where do the neighbors shop?
Stein Mart
Family Dollar
Chico's
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Bob Evans
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Contemporary Inspirational
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 18377 Torrence Ave
The listing price of 18377 Torrence Ave property is $345,000.
The property 18377 Torrence Ave is a house located in Lansing, Illinois, 60438.
Active Listing: 18377 Torrence Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 18377 Torrence Ave are: Oak Glen Elementary School (GreatSchools Rating 3/10), Nathan Hale Elementary School (GreatSchools Rating 6/10), Coolidge Elementary School (GreatSchools Rating 4/10), Memorial Jr High School (GreatSchools Rating 4/10), Heritage Middle School (GreatSchools Rating 6/10), Schrum Memorial School (GreatSchools Rating 5/10), Thornton Fractnl So High School (GreatSchools Rating 6/10), Munster High School (GreatSchools Rating 10/10), Thornwood High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2022 is $11,165 (source: MLS/based on county public records data).
The last sale was on November 9, 2020 for $136,000 (source: MLS/tax record).
The property at 18377 Torrence Ave has 5 bedrooms and 4 bathrooms.
The year of construction for 18377 Torrence Ave is 1962.
This home is located at 18377 Torrence Ave in Lansing, IL and zip code 60438. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $345,000.
While more than 11 listings in Lansing, IL in May 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 8 were sold below. The number of homes for sale in Lansing, IL increased by 17.4% between April and May 2025. In May 2025 median list price was $204,937 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.