1106 Alima Terrace
La Grange Park, IL, 60526
$849,000
8 Beds
4 Baths
0 SqFt
0.17 Acres
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MLS #MRD12727146 image #0
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:
$849,000
MLS #:
MRD12727146
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
lagrangepark
Listed Date:
Aug 7, 2026
Year Built:
1952
La Grange ParkLagrangeparkRiverside Brookfield Twp Senior

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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

Map

Community

Market Summary

Current real estate data for Multi Family in La Grange Park as of Oct 05, 2026
3
Multi Family Listed
29
Avg DOM
$685,000
Avg List Price

Property Summary

    1106 Alima Terrace La Grange Park IL is a Multi Family for sale in La Grange Park, IL, 60526. It is listed for $849,000

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La Grange Park, IL