$949,000

1106 Alima Terrace, La Grange Park, IL 60526

8 beds |
4 baths

Multi-Family Home
Built in 1952
7,405sqft lot
4 car garage
$——/sqft
Listed 2 days ago

Property Description

1106 Alima Terrace presents an opportunity to acquire a 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.

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 8:20PM
Listing Office:: Keller Williams Infinity : 630-778-5800
Listing Agent:: Robert Fortino : 630-669-6353
MLS ID:: 12605967

Basement: UnfinishedFull
Heating: Forced Air

Parking: YesDetachedGarageParking spaces: 5

Roofing: Asphalt

Originating MLS: mred
School District: 95
County: Cook

Zoning: 15273300290000

Water: Lake Michigan
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Robert Fortino , Keller Williams Infinity

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Riverside Brookfield High School

160 Ridgewood Rd, Riverside, IL, 60546

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.