Lansing Multifamily Investment
18422 Torrence Avenue Lansing, IL 60438
18422 Torrence Avenue, Lansing, IL, 60438
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For Sale
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12-unit multifamily property in Lansing, Illinois, with excellent visibility.
Property Size12,000 SF
Lot Size0.40 Acres
Price / SF$106.67
Days on Market57
Property Features for 18422 Torrence Avenue
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 0.40 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1960
Listing agency
Horvath & Tremblay
(312) 533-8899
Listed by
Anthony Spangler · License #IL 475173833
Source
Crexi
Added: May 26 Updated: Jul 10 at 1:42PM Checked: Jul 19 at 9:24AM
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
Investment Insights
Based on property information with market context.
The multi-family investment property at 18416 & 18422 Torrence Ave in Lansing, IL, features two three-story brick buildings. The property consists of twelve units: eight 2-Bedroom/1-Bathroom units and four 1-Bedroom/1-Bathroom units, with each building containing four 2-Bedroom/1-Bathroom units and two 1-Bedroom/1-Bathroom units. The property has a total of 10,000 square feet of gross living area within its 12,000 square feet of gross area, situated on a 0.4-acre parcel. There are twelve off-street parking spaces available. The property is located along one of Lansing’s primary commercial corridors, offering visibility and accessibility within Chicago’s south suburban market. Positioned just south of the intersection of Torrence Avenue and Ridge Road, the location provides access to a mix of national retailers, local businesses, and surrounding residential neighborhoods. The site is near Interstate 80/94, Interstate 294, and U.S. Route 41, providing connectivity throughout the greater Chicagoland area, Northwest Indiana, and surrounding employment hubs.
Key Highlights
- Twelve‑unit multi‑family investment property.
- Attractive mix of 2‑bedroom/1‑bathroom and 1‑bedroom/1‑bathroom units.
- Located along Lansing’s primary commercial corridor with excellent visibility and accessibility.
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Apartment building - 12-unit multifamily property in Lansing, Illinois, with excellent visibility.
Where is this apartment building located?
The property is located at 18422 Torrence Avenue Lansing, IL.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Twelve‑unit multi‑family investment property.; Attractive mix of 2‑bedroom/1‑bathroom and 1‑bedroom/1‑bathroom units.; Located along Lansing’s primary commercial corridor with excellent visibility and accessibility.
