About 1106 Alima Terrace
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.
Features of 1106 Alima Terrace
| MLS® # | 12727146 |
|---|---|
| Price | $849,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Acres | 0.17 |
| Year Built | 1952 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Contingent |
| Taxes | $14,212 |
Community Information
| Address | 1106 Alima Terrace |
|---|---|
| Area | La Grange Park |
| City | La Grange Park |
| County | Cook |
| State | IL |
| Zip Code | 60526 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Yes, Detached, Garage |
| # of Garages | 4 |
| Is Waterfront | No |
| New Construction | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished, Full |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Asphalt |
School Information
| District | 208 |
|---|---|
| High | Riverside Brookfield Twp Senior |
Additional Information
| Days on Market | 11 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Infinity |
|---|