18514 Torrence Avenue, Lansing, IL

$425,000

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7

Beds

4

Baths

About 18514 Torrence Avenue

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!

Features of 18514 Torrence Avenue

MLS® # 12426672
Price $425,000
Bedrooms 7
Bathrooms 4.00
Acres 0.00
Year Built 1963
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 18514 Torrence Avenue
Area Lansing
City Lansing
County Cook
State IL
Zip Code 60438

Amenities

Parking Spaces 4
Parking Parking Lot, On Site, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement None

Exterior

Exterior Brick
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 215

Additional Information

Days on Market 76
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRe/Max 10
Contact Info708-672-4700

Listing Map

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