Sold for $267,400 on 7/21/21
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 7 |
— |
1962 |
— |
0 |
$12,512 |
1519 days |
Fully Rehabbed 4 Unit Building on Torrence Ave, New Roof, Gutters, Windows, Kitchen, Baths, Hot water Tanks & Furnaces. Each Unit Has An Individual Forced Air Gas Furnace, and Individual Water Heaters. Tenants Pay Electric and Gas. There Is A Small Gas & Electric Bill for the Common Areas. Land Lord Pays Water & Garbage. Laundry Income Coin Collected. 2 BD 1 BA $875 2 BD 1 BA $925 2 BD 1 BA $900 1 Bed1 BA $840 Real Estate Taxes $13,762 Insurance $2,000 Water/Sewer $1,400 Common Area Electric $280 Gas $360 Landscaping/Snow $950 Trash Removal $984 Repairs & Maintenance $1,250 Total Expenses $20,986 NOI $22,744 Price $295,000 Cap Rate 7.71% Major Upside On Rents
Listing courtesy of Horvath & Tremblay IL, LLC
18508 Torrence Ave. is a multi-unit home built in 1962, and is located in Lansing, IL. It has 7 bedrooms and — bathrooms, and has annual property taxes of $12,512.
Marco Amidei
(888) 32-Marco (847) 630-4886
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