1106 Alima Terrace

La Grange Park, IL 60526
  • $849,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 0.17

    Acre

About the Listing 24695 - 272297,272297

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 Highlights for 1106 Alima Terrace

Status Pending
Days on Site 68
Property Type Multi-Family
MLS ® 12727146
Year Built 1952
Lot/Acreage 0.17
County Cook
School District 95

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Unfinished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 4 car
  • Parking Spaces: 5
  • Lot Dimensions: 7,332
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Detached,Garage

Financial Details

  • Tax Amount: $14,212
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 15273300290000
  • Tax Year: 2023

Payment Calculator

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Listing Location

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1106 Alima Terrace La Grange Park, IL 60526

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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