1106 Alima Terrace, La Grange Park, IL 60526
- $895,000
Description
1106 Alima Terrace presents an opportunity to acquire a well-maintained 4-unit multi-family asset in La Grange Park, Illinois. The property sits on a 7,332 SF lot and offers a compelling option for both investors and owner-occupants looking to build equity while generating income. Three units are available immediately, providing a clear path to increase rents to market rates and capture upside from day one. Units feature central heat and air (forced air electric/gas), and the property has newer electric panels and meters. Additional amenities include 4 Car Detached-Garage and surface-level parking, tenant storage, and on-site laundry. Ideally located near multiple interstates and just minutes from downtown La Grange’s restaurants and shopping, this property offers strong rental demand, accessibility, and long-term growth potential in a desirable submarket.
- Listing Courtesy of: Keller Williams Infinity
Details
Updated on June 5, 2026 at 11:32 am-
Property ID MRD12660667
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Price $895,000
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Land Area 0.17 Acres
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Bedrooms 8
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Garages 4
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Year Built 1952
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Property Type Multi Family
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Property Status Active
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Parking Total 5
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Parcel Number 15273300290000
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Water Source Lake Michigan
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Sewer Public Sewer
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MLS Status Active
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Days On Market 8
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Living Area 0.17
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Cumulative Days On Market 65
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Tax Annual Amount 14212
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Heating Forced Air
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Parking Features Yes,Detached,Garage
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Directions La Grange Road, East on 31st Street. Turn Left (North) on Alima Terrace.
Address
Open on Google Maps- Address 1106 Alima Terrace
- City La Grange Park
- State/county IL
- Zip/Postal Code 60526
- Country United States
Overview
- Multi Family
- 8
- 4
- 1952
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