$384,500
- 7 Beds
- 4 Baths
- 3,600 sqft
18448 Torrence Ave, Lansing, IL 60438
Est. Refi. Payment $2,708/mo*
Refinance Your HomeHome Value
Trulia Estimate
$385KSince last month
Decreased$14K (-3.5%)Since last year
Increased$6K (+1.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +164% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $386K |
| August 2026 | $385K |
| July 2026 | $400K |
| June 2026 | $385K |
| May 2026 | $385K |
| April 2026 | $391K |
| March 2026 | $400K |
| February 2026 | $386K |
| January 2026 | $369K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $400,000 | 05/15/26 | 7 | 4 | 3,430 | |
0.35 | Multi-Family Home | $265,000 | 03/05/26 | 4 | 4 | 2,278 | |
0.63 | Multi-Family Home | $786,296 | 05/08/26 | 9 | 5 | 3,760 | |
0.28 | Multi-Family Home | $430,000 | 12/11/25 | 8 | 4 | - | |
0.27 | Multi-Family Home | $425,000 | 06/09/26 | 8 | 4 | - | |
0.16 | Multi-Family Home | $305,000 | 09/12/25 | 6 | 4 | - | |
0.47 | Multi-Family Home | $318,000 | 09/12/25 | 5 | 4 | - | |
0.60 | Multi-Family Home | $430,000 | 01/09/26 | 7 | 4 | - | |
0.61 | Multi-Family Home | $410,000 | 10/30/25 | 7 | 4 | - | |
0.55 | Multi-Family Home | $420,000 | 11/24/25 | 9 | 4.5 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $131,100 | 3 | 1 | 1,104 | Off Market | |
0.05 | $241,300 | 4 | 2 | 1,344 | Off Market | |
0.07 | $162,500 | 2 | 1 | 924 | For Sale | |
0.09 | $190,000 | 3 | 2 | 1,152 | Off Market | |
0.07 | $277,500 | 4 | 2 | 1,791 | Off Market | |
0.09 | $144,900 | 2 | 1 | 743 | Recently Sold | |
0.07 | $277,000 | 4 | 2 | 2,100 | Off Market | |
0.08 | $215,200 | 3 | 1.5 | 1,100 | Off Market | |
0.11 | $260,500 | 3 | 2 | 1,274 | Off Market | |
0.12 | $252,100 | 3 | 2.5 | 1,240 | Off Market | |
0.13 | $229,900 | 3 | 1.5 | 1,364 | Off Market | |
0.10 | $123,700 | 1 | 1 | 916 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1968
3,600 sqft
$107/sqft
About this House
This 4 unit building in Lansing has been completely remodeled. The building brings in $45,960 annually and is fully occupied. Building has less than 5 year old roof, all wood is in perfect condition. Brick structure is in perfect condition. Structure is top notch no problems. 5 Brand new Commercial 50 Gallon Hot water heaters. 4 Brand new H.E Furnaces. All brand new copper throughout the building as well as Electrical and outlets apart from breaker boxes. Building has passed full inspections and has the certificate of occupancy and the rental inspection completed and passed. Building has Brand new premium Ceramic tiles in all kitchens and bathrooms; brand new chocolate colored kitchen cabinets with extra counter space; Premium chrome dual basket stainless sinks with built in soap dispenser; Brand new full size Kenmore stainless steel appliances and New Whirlpool stainless steel microwaves built in; Brand new premium carpeting in the lower living areas and refinished hardwood floors in the upstairs units; Chocolate covered vanity and medicine cabinet. Brand new Whirlpool coin washer and dryer in the common area.Brand new coin Washer and dryer in Utility room Generates $50-$75 per month. Installed an automatic motion light in the utility room to save electricity, it automatically turns off within 30 seconds of tenants leaving the room. Electrical bill is between $50-$75 per month. Gas is between $25-$35 per month. Water is less than $30 every month. Garbage is $50 bi weekly for 2 Yard service. Tenants are clean, only have to vacuum hallways and sweep laundry rooms once per month. Taxes are in dispute but are $5106.70 bi annually. The dispute will pass to the new owner but lawyer says the property tax will be lowered. Insurance is $1800 per year. Apt 2W: 2 Bedroom 1 Bathroom Rented at $950 with $1350 security deposit. Stainless steel appliances with ice maker, built in sprayer and soap dispenser in Kitchen sink. Brand new in wall 10K BTU air conditioner with remote. Apt 2E: 2 Bedroom 1 Bathroom Rented at $1030 with $1000 security deposit, Section 8 tenant. Stainless steel appliances with ice maker, built in sprayer and soap dispenser in kitchen sink. Brand new in wall 10K BTU air conditioner with remote. Apt 1E: 2 Bedroom 1 Bathroom Rented at $950 with $950 security deposit, stainless steel appliances with ice maker, built in sprayer and soap dispenser in kitchen sink. Brand new in wall 8K BTU air conditioner with remote. Apt 1W: 1 Bedroom 1 Bathroom rented at $900 with $900 security deposit, stainless steel appliances with ice maker, built in sprayer and soap dispenser in kitchen sink. Brand new in wall 8K BTU air conditioner with remote. Status: Active MLS Number: TBD Bedrooms: 7 Full Baths: 4 Price: $315,000 Square Feet: 3,287 sqft Year Built: 1963 Lot Size: 6375 Yearly Taxes: $10,212 Additional Features: 5 Brand new Commercial 50 Gallon Hot water heaters., 4 Brand new H.E Furnaces., Brand new copper throughout the building. , Brand new electrical and outlets., Brand new coin Washer and dryer., Stainless steel appliances with ice maker in all units., Brand new in wall 10 & 8K BTU air conditioners with remote in each unit.
18448 Torrence Ave, Lansing, IL 60438 is a 7 bedroom, 4 bathroom, 3,600 sqft multi-family built in 1968. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $384,500, with a rent estimate of $1,909/month.
Home Details for 18448 Torrence Ave
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|---|
Year Built Year Built: 1968 |
Property Type / Style Property Type: Multi Family |
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Lot Area: 5000 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Jun 3, 2016 Source: N/A | ListingRemoved | $325,000 |
Mar 6, 2016 Source: N/A | PriceChange | $325,000 Price increased by 3% |
Jan 8, 2016 Source: N/A | Listed For Sale | $315,000 |
Market trends in Lansing
Last updated July 2026
Avg. sale price
$190K
$9.18KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$148
$3MoM
Available listings
139
Around this home
What Locals Say about Lansing
At least 339 Trulia users voted on each feature.
86 % Say there are sidewalks
85 % Say parking is easy
85 % Say it's dog friendly
82 % Say car is needed
80 % Say yards are well-kept
74 % Say there's holiday spirit
67 % Say it's walkable to restaurants
65 % Say kids play outside
65 % Say it's quiet
58 % Say streets are well-lit
57 % Say people would walk alone at night
56 % Say there's wildlife
54 % Say it's walkable to grocery stores
54 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 18448 Torrence Ave
- What is 18448 Torrence Ave estimated to be worth?Trulia's estimated value for 18448 Torrence Ave in Lansing, IL is $384,500.
- Is Lansing a buyer's or seller's market?Lansing is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Lansing?The median sale price in Lansing is $190K. That is down $9.18K from the prior month.
- What do residents say about Lansing?Residents describe Lansing, IL as pedestrian-friendly, easy to park in, and dog-friendly. See recently sold homes in Lansing, IL.

