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24-Unit Apartment Building Portfolio
For Sale
$975,000

14446 S Torrence Avenue, Burnham, IL 60633

Two adjacent buildings provide private parking, outdoor space, and basement laundry facilities.

Property SizeContact for details
Days on Market13

Property Features for 14446 S Torrence Avenue

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 10 x 2BR/1BA, 14 x 1BR/1BA
Multifamily Units 24

Additional Details

Asking Price $1,950,000

Taxes and HOA fees

Annual Taxes $32,981

Amenities

balcony
patio
laundry in basement
private parking lot

Building Details

Year Built 1968
Buildings 2
Stories 3
Units 12
Tenancy Multi
Listing Agency: Horvath & Tremblay IL, LLC
Listed By: Anthony Spangler · License #475173833
Source: Birdrealtysells
Added: Jul 29 Changed: Aug 7 Last Checked: Aug 9 at 1:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay IL, LLC

Investment Insights

Based on property information with market context.

This apartment portfolio includes 24 units across two adjacent 12-unit buildings at 14446 and 14500 S Torrence Ave in Burnham, Illinois. The unit mix comprises 10 two-bedroom, one-bath residences and 14 one-bedroom, one-bath residences. Each unit includes either a balcony or patio, while basement laundry facilities and a private parking lot serve the property. Built in 1968, the buildings offer a defined multifamily configuration with separate residential units and shared site amenities.

Key Highlights

  • 24 units across two adjacent 12‑unit apartment buildings
  • Unit mix includes 10 2 Bed/1 Bath and 14 1 Bed/1 Bath units
  • Each unit has a balcony or patio

Property Analytics

Current Use

Ec Williams & Associates Law Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 60633, IL

13,359
Population
5,713
Households
2.3
Avg Household Size
39
Median Age
14%
College-Educated
84%
High-School Grad
9.7 sq mi
ZIP Area
1,377
Density / Sq Mi
$56,875
Median Household Income
$42,471
Median Earnings
$1,166
Median Rent
$182,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent buildings provide private parking, outdoor space, and basement laundry facilities.
Where is this apartment building located?
The property is located at 14446 S Torrence Avenue Burnham, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 24 units across two adjacent 12‑unit apartment buildings; Unit mix includes 10 2 Bed/1 Bath and 14 1 Bed/1 Bath units; Each unit has a balcony or patio
More about this property
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