18100 Torrence Avenue, Lansing IL 60438 Photo 1
Listing Courtesy of Coldwell Banker Residential

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18100 Torrence Avenue - Great investment property, which includes 5-units of income. retail store front shop, used car lot that includes a 4-car block garage, and 3- 1-bedroom apartments on the second level above the 1st flr.retail shop. Property has 2- PIN#s and a great location with a steady flow of traffic on Torrence Ave. . Tenants pay their own heat & electric, and the car lot is full and busy. A full basement also !!!!!

Listing information

  • MLS® ID: 08817459
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Subdivision: Oak Glen
  • Year Built: 1937
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $16,471

Features

Air Conditioning Central Air
Approximate Age Older
Built Before 1978 (Y/N) Yes
Current Use Commercial
Electrical Service Circuit Breakers
Exterior Building Type Brick, Frame
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale South Suburban
Heat/Ventilation Forced Air, Gas
Information Listing Agent Must Accompany
Location Central Business District, Corner, Mixed Use Area
Misc Inside Basement, Multi-Tenant, Private Restroom/s
Other # Of Apts - 3, # Of Offices - 1, # Of Tenants - 1, # Of Units - 4, Electricity Expense - 0, Expense Year - 2011, Fuel Expense - 0, Gross Rent Multiplier - 5.93, Gross Rental Income $ - 50400, Insurance Expense - 1500, Net Oper Income $ - 24198, Net Operating Income Year - 2011, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2013, Total Annual Exp - 20543, Total Annual Income - 50400, Total Monthly Income - 4200, Township - Thornton, Water Expense - 0, Zoning Type - Commr
Outdoor Parking 31-50 Spaces
Owners Assoc (Y/N) No
Possession Tenant's Rights
Potential Use Commercial, Residential-Multi-Family, Retail
Property Type Mixed Use
Sale Terms Cash Only, Conventional
Tenant Pays Electric, Heat, Scavenger, Varies by Tenant, Water/Sewer
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site
Listing Courtesy of Coldwell Banker Residential