18514 Torrence Ave
Lansing, IL 60438
- 7 Beds
- 4 Baths
7 Beds
4 Baths
Home Value
Trulia Estimate
$430KSince last month
Increased$2K (+0.4%)Since last year
Increased$11K (+2.6%)Since last sale
Increased$20K (+5%)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 +107% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $430K |
| July 2026 | $429K |
| June 2026 | $425K |
| May 2026 | $425K |
| April 2026 | $422K |
| March 2026 | $416K |
| February 2026 | $410K |
| January 2026 | $416K |
2025 | |
2024 | |
2023 | |
2021 | |
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 |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $430,000 | 01/09/26 | 7 | 4 | - | |
0.16 | Multi-Family Home | $318,000 | 09/12/25 | 5 | 4 | - | |
0.38 | Multi-Family Home | $430,000 | 12/11/25 | 8 | 4 | - | |
0.41 | Multi-Family Home | $425,000 | 06/09/26 | 8 | 4 | - | |
0.57 | Multi-Family Home | $305,000 | 09/12/25 | 6 | 4 | - | |
1.05 | Multi-Family Home | $420,000 | 11/24/25 | 9 | 4.5 | - | |
1.10 | Multi-Family Home | $316,000 | 09/12/25 | 7 | 4 | - |
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 |
|---|---|---|---|---|---|---|
0.01 | $430,000 | 7 | 4 | - | Recently Sold | |
0.03 | $462,100 | 7 | 4 | - | Off Market | |
0.06 | $82,000 | 2 | 1 | 900 | Recently Sold | |
0.06 | $183,500 | 3 | 1.5 | 1,200 | Off Market | |
0.06 | $75,000 | 2 | 1 | 900 | Recently Sold | |
0.06 | $110,900 | 1 | 1 | 500 | Off Market | |
0.06 | $129,000 | 2 | 1 | 950 | Off Market | |
0.06 | $92,200 | 1 | 1 | 600 | Off Market | |
0.06 | $126,400 | 2 | 1 | 1,000 | Off Market | |
0.06 | $155,800 | 3 | 1.5 | 1,100 | Off Market | |
0.06 | $145,700 | 3 | 1.5 | 1,100 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1963
Parking
4 Parking Spaces
About this House
INVESTMENT OPPORTUNITY - SOLID BRICK 4 UNIT - Rarely available 4 unit with THREE-2 bedroom/1 bath units (all rented) and ONE-1 bedroom/1 bath unit (vacant). Perfect investment opportunity to live in 1 unit, while tenants pay your mortgage. OR rent all 4 & simply add to your portfolio. Tenants pay their own gas & electric (landlord pays water). Each unit has its OWN water heater & separate furnace, as well as a stove & fridge. Solar powered security cameras on front & back included; parking includes 4 dedicated spots; one per unit. Three of the 4 units have been refreshed in the last 4 years (new toilets, paint, flooring etc). Ideal location just south of 80-94. Taxes currently reflect zero exemptions. Don't let this investment opportunity pass you by; the neighboring 4-unit sold in just 4 days at this price!
18514 Torrence Ave, Lansing, IL 60438 is a 7 bedroom, 4 bathroom multi-family built in 1963. It last sold for $410,000 on Oct 30, 2025 (4% below the $425,000 asking price). It is currently off market. The Trulia Estimate is $429,500, with a rent estimate of $1,398/month.
Home Details for 18514 Torrence Ave
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MLS Status: Closed |
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Interior Details Basement: NoneNumber of Rooms: 15 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Appliances & Utilities Appliances: Multiple Water Heaters, Gas Water Heater |
Heating & Cooling Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Window: Screens |
View No View |
Security Security: Closed Circuit Camera(s) |
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Exterior Home Features Roof: AsphaltFoundation: Concrete Perimeter |
Parking & Garage No Attached GarageParking Spaces: 4Parking: Parking Lot,On Site,Owned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: BrickNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 29364020850000Model Home Type: 4 unit |
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Price List Price: $425,000 |
Status Change & Dates Off Market Date: Tue Sep 16 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Lansing |
School Information Elementary School District: 158Jr High / Middle School District: 158High School District: 215 |
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Building Details Builder Model: 4 unit |
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Community Features: Sidewalks, Street Lights, Street Paved |
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Lot Area: 6375 sqft |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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Mls Number: 12426672Back On Market Date: Thu Aug 28 2025 |
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SidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Last check for updates: about 2 hours ago
Listed by Cara Dulaitis, (708) 227-7530
Re/Max 10
Bought with: Robert Gray, (708) 307-9907, Real People Realty
Source: MRED as distributed by MLS GRID, MLS#12426672

Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 30, 2025 Source: MRED as distributed by MLS GRID #12426672 | Sold | $410,000 |
Sep 16, 2025 Source: MRED as distributed by MLS GRID #12426672 | Contingent | $425,000 |
Aug 28, 2025 Source: MRED as distributed by MLS GRID #12426672 | PendingToActive | $425,000 |
Aug 13, 2025 Source: MRED as distributed by MLS GRID #12426672 | Contingent | $425,000 |
Jul 31, 2025 Source: MRED as distributed by MLS GRID #12426672 | Listed For Sale | $425,000 |
Oct 7, 2021 Source: MRED as distributed by MLS GRID #11129280 | Sold | $280,000 |
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.
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Frequently asked questions about 18514 Torrence Ave
- What is 18514 Torrence Ave estimated to be worth?Trulia's estimated value for 18514 Torrence Ave in Lansing, IL is $429,500.
- What is the price history for 18514 Torrence Ave?18514 Torrence Ave in Lansing, IL last sold for $410,000 in October 2025.
- 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.
- Does 18514 Torrence Ave have parking?Yes, 18514 Torrence Ave in Lansing, IL has on-site parking.

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

