1106 Alima Terrace, La Grange Park, IL 60526

La Grange Park
Local realty services provided by:Results Realty ERA Powered
1106 Alima Terrace,La Grange Park, IL 60526
$949,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: robert fortino
Office: keller williams infinity
MLS#:12605967
Source:MLSNI

Price summary

  • Price:$949,000

About this home

1106 Alima Terrace presents an opportunity to acquire a fully leased, well-maintained 4 unit multi-family asset in La Grange Park, Illinois. Built in 1953 with durable masonry construction, the building sits on a 7,332 SF lot occupied with long-term tenants. Units feature central heat and air (forced air electric/gas), and the property has newer electric panels and meters. Additional amenities include garage and surface-level parking, tenant storage, and on-site laundry. The asset presents reliable in-place cash flow with rents currently below market, creating a clear value-add opportunity. Ideally located near multiple interstates and just minutes from downtown La Grange's restaurants and shopping, this property offers stable tenancy with upside potential in a highly accessible, desirable submarket.

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Home facts

  • Year built:1952
  • Listing ID #:12605967
  • Added:1 day(s) ago
  • Updated:April 01, 2026 at 04:37 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:20
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1952
  • Lot area:0.17 Acres

Schools

  • High school:Riverside Brookfield Twp Senior

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$949,000
  • Tax amount:$14,212 (2023)

Parking

  • Total parking spaces:5
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:4
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