1106 Alima Terrace

La Grange Park, IL 60526

About this property

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 and Additional Information

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$849,000 Active Under Contract
0 sqft

Presented By Daniel and Associates Real Estate

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Keller Williams Infinity
1-630-778-5800
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Area Information

La Grange Park | Cook County |

$ 849,000
This listing is play_arrow 60.5% higher than the average in the area
$ 529,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
28 days on site
This listing is play_arrow 27.3% above the average in the area
22 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Riverside Brookfield Twp Senior
Listed By Robert Fortino
Brokerage: Keller Williams Infinity

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