1106 Alima Terrace, La Grange Park, IL
  • $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
  • Price $895,000
  • Land Area 0.17 Acres
  • Bedrooms 8
  • Garages 4
  • Year Built 1952
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 5
  • Parcel Number 15273300290000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 8
  • Living Area 0.17
  • Cumulative Days On Market 65
  • Tax Annual Amount 14212
  • Heating Forced Air
  • Parking Features Yes,Detached,Garage
  • Directions La Grange Road, East on 31st Street. Turn Left (North) on Alima Terrace.
  • Address 1106 Alima Terrace
  • City La Grange Park
  • State/county IL
  • Zip/Postal Code 60526
  • Country United States

Overview

Property ID: MRD12660667
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Garages
  • 1952
  • Year Built

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