Search
4-Unit Apartment Building
For Sale
$250,000

18425 Torrence Ave, Lansing, IL 60438

The unit mix comprises three one-bedroom apartments and one two-bedroom apartment.

Property Size2,563 SF
Price / SF$97.54
Days on Market10

Property Features for 18425 Torrence Ave

General Information

Standard status Active
Size 2,563 SF
Property subtype Residential Income

Units

Unit Mix 3 x 1BR, 1 x 2BR
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,096

Building Details

Buildings 1
Listing Agency: Meeker Real Estate Inc
Listed By: Steve Meeker · License #471013400
Source: Exprealty
Added: Sep 27 Changed: Oct 6 Last Checked: Oct 6 at 2:32AM

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 Meeker Real Estate Inc

Investment Insights

Based on property information with market context.

This 2,563-square-foot quadplex contains four apartments: three with one bedroom and one with two bedrooms. The building has 11 rooms, five bedrooms, and four full bathrooms in total.

The property is in Lansing, Illinois, near shopping, dining, major highways, and public transportation.

Key Highlights

  • Four‑unit quadplex totaling 2,563 square feet
  • Three one‑bedroom apartments and one two‑bedroom apartment
  • 11 rooms, five bedrooms, and four full bathrooms

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Skin Care Clinic Kitchen & Bath Showroom Grocery & Convenience Store Nail Salon

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - The unit mix comprises three one-bedroom apartments and one two-bedroom apartment.
Where is this quadplex located?
The property is located at 18425 Torrence Ave Lansing, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 2,563 square feet; Three one‑bedroom apartments and one two‑bedroom apartment; 11 rooms, five bedrooms, and four full bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again