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
Price:
$949,000
MLS #:
MRD12605967
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
lagrangepark
Listed Date:
Mar 31, 2026
Year Built:
1952
Schools
School District:
208
High School:
Riverside Brookfield Twp Senior
Interior
Heating
Forced Air
Exterior
Construction Materials
Brick
Garage Spaces
4
Parking Features
Yes, Detached, Garage
Parking Spots
5
Parking Total
5
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$14,212
Listing Agent & Office
Robert Fortino
Keller Williams Infinity
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1106 Alima Terrace
La Grange Park, IL


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