4-Unit Apartment
New
For Sale
$250,000
18425 Torrence Avenue, Lansing, IL 60438
Residential Income, Lansing, IL
Property SizeContact for details
Lot Size0.11 Acres
Days on Market6
Property Features for 18425 Torrence Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 1
Parking features
Alley
Pets allowed
Cats OK, Dogs OK
Subdivision
Glen Oak
Lot features
Front Yard
Directions
Torrence Ave exit from I-94 south to property
Standard status
Active
APN
30313140580000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Lot#: 7/11,12 36-15-31SW, Sheet 1
Tax Annual Amount
12096
Legal Description
Lot#: 7/11,12 36-15-31SW, Sheet 1
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1963
Floors in Building
2
Listing Agency:
Meeker Real Estate Inc
(708) 418-5908
Listed By:
Steve Meeker · License #471013400
(219) 796-6924
Added: Sep 27
Last Checked: Oct 2 at 4:06AM
MLS# 845973
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Lansing apartment property contains four units: three with one bedroom and one with two bedrooms. The building has 11 rooms, five bedrooms, and four full bathrooms. Constructed in 1963, it occupies a 0.1065-acre lot and has natural gas heating, public water, and public sewer service.
The property is at 18425 Torrence Avenue in Lansing, Illinois. Alley parking is listed.
The property is at 18425 Torrence Avenue in Lansing, Illinois. Alley parking is listed.
Key Highlights
- Four apartments: three one‑bedroom units and one two‑bedroom unit
- 11 rooms, 5 bedrooms, and 4 full bathrooms
- 0.1065‑acre lot
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - The property combines three one-bedroom residences with one two-bedroom residence.
Where is this quadplex located?
The property is located at 18425 Torrence Avenue 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 apartments: three one‑bedroom units and one two‑bedroom unit; 11 rooms, 5 bedrooms, and 4 full bathrooms; 0.1065‑acre lot
