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.
Listed By
Agency Name: Keller Williams Infinity
Agency Phone: 630-778-5800
Shown By
Agent Name: Jean Crosby, Designated Managing Broker and Owner
Agent Phone: (815) 231-2900
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 3,321.46 per month $1,889.51 Principal & Interest $1,184.33 Property Tax $247.63 Homeowner's Insurance
1106 Alima Terrace | MLS# 12799095
This multi-family property located at 1106 Alima Terrace, La Grange Park, IL 60526 is currently listed for sale with an asking price of $849,000. Alima Terrace is located within the District 208 school district. Search La Grange Park real estate on jean.bhhscrosby.com today.