17933 Torrence Ave - Apartments FOR SALE


Lansing, IL 60438
$540,000 USD
312-361-1647
17933 Torrence Ave, Lansing, IL for Sale
$540,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

17933 Torrence Ave
Lansing, IL 60438


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenitities & Demand Drivers
  • Desirable Brick Construction
  • Off-Street Parking
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 17933 Torrence Ave in Lansing, IL (the “Property”). The three-story brick building contains four (4) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 5,000 square feet of gross living area in 6,000 square feet of gross area. The Property is situated upon a 0.07-acre parcel and features six (6) off-street parking spaces. 17933 Torrence Ave is well-positioned along Torrence Avenue in Lansing, offering convenient access to the area’s established residential neighborhoods, commercial corridors, and regional employment centers. The Property benefits from immediate proximity to the Kingery Expressway, with direct access to Interstate 80/94 and Interstate 294, providing efficient connectivity throughout Chicago’s South Suburbs, Northwest Indiana, and the broader Chicago metropolitan area.

FOR SALE DETAILS

PRICE

$540,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

6

PRICE/UNIT

$90,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,427 SF

ZONING

-

APN/PARCEL ID

30-31-102-013-0000,30-31-102-014-0000

ASK ABOUT THIS PROPERTY

Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.