18058 Torrence Avenue, Lansing, IL 60438 - Photo 1

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$125,000 Just Listed

For Sale
Active
Commercial
7,252 Sq. Ft.
Updated 5 days ago

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Property Description

Multi-tenant value add opportunity in highly visible corner location of Torrence Ave & Indiana Ave. Unit 1 features 4,802 total sq ft, with 2,254 sq ft of store front/office space on Torrence Ave & 2,548 of Warehouse space with overhead door. Additional 1800 Sq ft of basement space. Unit 2 features 2,450 total sq ft, with 735 Sq Ft of Office & 1,715 Sq Ft of warehouse space with 14ft overhead door & 540 Sq Ft of Mezzanine. Fenced in back lot with access from unit 2. Neighbors include Starbucks, Taco Bell, Chipotle, Lan Oak Liquors and more. 30,000 VPD traffic count.

Full Property Details

Full Property Details for 18058 Torrence Ave

General

Price: $125,000
Taxes: $41,327 (2023)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12275634
Updated: 1/22/2025
Added to Site: 5 day(s) ago

Additional Information

Security/Safety: Other

Location

Area: Lansing
County: Cook
Driving Directions: 80 to Torrence Ave. South to Property on West side of street.

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Ceiling Units, Forced Air

Structural Information

Construction: Block
Exterior Const.: Brick
Ceiling Height: 16
Drive-In Doors: 2
Stories/Levels: 1
Square Feet: 7,252
Year Built: 1930

Lot Features

Lot Size (Sq. Ft.): 12,200
Lot Dimensions: 238 x 51

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Security Deposit: Other
Assessment Year: 1930
Tax Amount: $41,327
Tax Year: 2023

Disclosures and Reports

Property ID: 29362060080000

Listed by Realty Executives Premier Illinois

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Schools

Schools serving 18058 Torrence Ave

School Districts:Lansing School District 158, Thornton Fractional Township High School District 215

Name	Grades	Distance
Oak Glen Elementary School 2101 182nd St, Lansing, IL 60438	K-5	0.4 mi
Lester Crawl Primary Center 18300 Greenbay Ave, Lansing, IL 60438	PK-K	1 mi
Memorial Junior High School 2721 Ridge Rd, Lansing, IL 60438	6-8	0.5 mi
Thornton Fractional South High School 18500 Burnham Ave, Lansing, IL 60438	9-12	1.1 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18058 Torrence Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/22/2025

Listed

$125,000

16.82%

MLS

12/16/2021

Sold

$107,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 18058 Torrence Ave

Year

Property Taxes

Change

Tax Assessment

Change

2022

$55,976

$86,129

—

2021

$54,447

$86,129

—

2020

$50,531

41%

$86,129

37%

2019

$35,830

$62,934

—

2018

$35,166

-1%

$62,934

—

2017

$35,508

15%

$62,934

12%

2016

$30,757

$56,250

—

2015

$28,578

-21%

$56,250

-22%

2014

$36,265

43%

$72,379

28%

2013

$25,409

$56,430

—

2012

$23,620

—

$56,430

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 18058 Torrence Ave

18058 Torrence Avenue, Lansing, IL 60438 (MLS# 12275634) is a Commercial property. 18058 Torrence Avenue is currently listed for $125,000 and was received on January 22, 2025. Want to learn more about 18058 Torrence Avenue? Do you have questions about finding other Commercial real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

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18058 Torrence Ave Lansing, IL 60438