$849,000

1106 Alima Terrace, La Grange Park, IL 60526

Active Under Contract

8 beds 0 baths Built 1952 Residential Income MLS #MRD12727146 11 days on market

Listing courtesy of Keller Williams Infinity · 630-778-5800 · klrw55@kw.com · MLS #MRD12727146 · Status: Active Under Contract

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.

Property details

Interior

Basement: Unfinished, Full
Total rooms: 20

Building & exterior

Age: 71-80 Years
Exterior: Brick
Roof: Asphalt

Parking

Garage spaces: 4
Total spaces: 5
Parking details: Yes, Detached, Garage

Lot & location

Lot dimensions: 7,332
Township: Proviso
County: Cook

Utilities

Heating: Forced Air
Water: Lake Michigan
Sewer: Public Sewer

Schools

Elementary: (95)
Junior high: (95)
High school: Riverside Brookfield Twp Senior (208)

Taxes & terms

Annual taxes: $14,212 (2023)
Parcel number (PIN): 15273300290000
PIN: 15273300290000
Ownership: Fee Simple
Possession: Closing
Special conditions: List Broker Must Accompany
Listed: 8/7/2026

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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