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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.
| DAYS ON MARKET | 31 | LAST UPDATED | 3/31/2026 |
|---|---|---|---|
| YEAR BUILT | 1952 | COMMUNITY | La Grange Park |
| GARAGE SPACES | 4.0 | COUNTY | Cook |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Riverside Brookfield Twp Senior |
|---|---|
| High School | Riverside Brookfield Twp Senior |
| ADDITIONAL DETAILS | |
| AREA | La Grange Park |
|---|---|
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 7405 sq ft |
| LOT DIMENSIONS | 7,332 |
| PARKING | Detached, Garage |
| SEWER | Public Sewer |
| TAXES | 14212 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.