18425 Torrence Avenue

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18425 Torrence Avenue

Lansing, IL 60438
Asking Price
$300K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Lansing, Illinois.
  • Located at 18425 Torrence Avenue within the Chicago metropolitan area.
  • Asking price for this residential property is set at $299,950.
  • Property situated in a suburban market in southern Cook County.
  • Asset provides potential for residential rental income and management.

What's Special

This multifamily apartment building at 18425 Torrence Avenue in Lansing, Illinois, represents a residential asset in a key southern suburb of the Chicago metropolitan area. Positioned within Cook County, the property benefits from proximity to established transportation corridors and the broader economic activity of the region, which has long served as a vital industrial and residential hub. Lansing maintains a steady suburban character, offering a mix of residential neighborhoods and commercial services that support a stable tenant base for rental properties. Investors looking to expand their portfolio in this submarket may find this asset suitable for various rental strategies. The building provides a clear opportunity for operators to manage residential units in a market supported by regional infrastructure and regional accessibility to larger employment centers. Prospective buyers should evaluate the property's potential for occupancy and long-term value within the Lansing apartment sector, which remains an accessible point of entry for those targeting the southern Cook County real estate market.

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NOI
$80,000
Cap Rate
26.67%
DSCR
4.49
Strong
Cash-on-Cash
69.11%
Monthly Payment
$1,483.989
Annual Cash Flow
$62,192.133

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