5-Unit Apartment
For Sale
Contact for pricing
18408 Torrence Avenue, Lansing, IL 60438
Multifamily property with MULTI zoning in Lansing.
Property SizeContact for details
Days on Market14
Property Features for 18408 Torrence Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
MULTI
Net Operating Income
$21,215
Building Details
Year Built
1959
Stories
2
Units
5
Listing Agency:
Century 21 Affiliated Orland Park
Listed By:
Alonso Reyes · License #IL 227250780
Source:
Crexi
Added: Aug 7
Changed: Aug 13
Last Checked: Aug 19 at 10:07PM
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 Century 21 Affiliated Orland Park
Investment Insights
Based on property information with market context.
This apartment building contains five residential units and was constructed in 1959. The property is designated MULTI under its zoning classification.
Located at 18408 Torrence Avenue in Lansing, Illinois 60438, the asset is configured as a small multifamily building with five units.
Located at 18408 Torrence Avenue in Lansing, Illinois 60438, the asset is configured as a small multifamily building with five units.
Key Highlights
- Five‑unit apartment building
- Constructed in 1959
- MULTI zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 60438, IL
29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
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 - Multifamily property with MULTI zoning in Lansing.
Where is this apartment building located?
The property is located at 18408 Torrence Avenue Lansing, IL.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Five‑unit apartment building; Constructed in 1959; MULTI zoning
