24-Unit Apartment
For Sale
$975,000
14500 S Torrence Avenue, Burnham, IL 60633
Adjacent apartment buildings offer private parking, resident balconies or patios, and basement laundry facilities.
Property SizeContact for details
Days on Market16
Property Features for 14500 S Torrence Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$32,981
Building Details
Year Built
1968
Stories
3
Units
12
Listing Agency:
Horvath & Tremblay IL, LLC
(312) 361-1643
Listed By:
Anthony Spangler · License #475173833
(312) 361-1643
Source:
Exit2newbeginningz
Added: Jul 30
Changed: Aug 13
Last Checked: Aug 13 at 1:57PM
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 comprises two adjacent buildings, each containing 12 units, for a combined total of 24 apartments. The unit mix includes 10 two-bedroom, one-bath residences and 14 one-bedroom, one-bath residences. Every unit includes either a balcony or patio, while laundry facilities are located in the basement. The property was built in 1968 and includes a private parking lot serving the buildings.
The portfolio is located at 14446 & 14500 S Torrence Ave in Burnham, Illinois, and is offered as a combined asset. Its two-building configuration provides a defined multifamily property with a mix of one- and two-bedroom units.
The portfolio is located at 14446 & 14500 S Torrence Ave in Burnham, Illinois, and is offered as a combined asset. Its two-building configuration provides a defined multifamily property with a mix of one- and two-bedroom units.
Key Highlights
- 24 apartments across two adjacent 12‑unit 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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Adjacent apartment buildings offer private parking, resident balconies or patios, and basement laundry facilities.
Where is this apartment building located?
The property is located at 14500 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 apartments across two adjacent 12‑unit buildings; Unit mix includes 10 (2 Bed/1 Bath) and 14 (1 Bed/1 Bath) units; Each unit has a balcony or patio
