1106 Alima Terrace La Grange Park, IL $ 949,000
1106 Alima Terrace
$ 949,000
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1106 Alima Terrace

La Grange Park, IL, 60526
$ 949,000
Bedrooms8 Baths4.0 Sq 3,000

Monthly Estimate*

$ 5,843

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Multi-Family Home for sale in La Grange Park, IL

for $949,000 with 8 bedrooms and 4 full baths. This 3,000 square foot home was built in 1952 on a lot size of 0.17.

1106 Alima Terrace presents an opportunity to acquire a well-maintained 4 unit multi-family asset in La Grange Park, Illinois. Built in 1953 with durable masonry construction, the building sits on a 7,332 SF lot occupied with long-term tenants. Units feature central heat and air (forced air electric/gas), and the property has newer electric panels and meters. Additional amenities include garage and surface-level parking, tenant storage, and on-site laundry. The asset presents reliable in-place cash flow with rents currently below market, creating a clear value-add opportunity. Ideally located near multiple interstates and just minutes from downtown La Grange's restaurants and shopping, this property offers stable tenancy with upside potential in a highly accessible, desirable submarket. Schedule your tour for 04/09/26.

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Multi-Family Active

Price

$ 949,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,212

Style

Lot Size

0.17

Year Built

1952

Town/City

La Grange Park

County/Region

Cook

MLS | Web ID

12605967

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Roof Asphalt
Garage Spaces 4
Construction Materials Brick
Year Built 1952
Township Proviso
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status Active
Directions La Grange Road East on 31st Street. Turn Left (North) on Alima Terrace.
High School Riverside Brookfield Twp Senior
City La Grange Park
High School District 208
MLS Area La Grange Park
Tax Annual Amount 14212
Standard Status Active
Middle/Junior School District 95
Elementary School District 95
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 5
Lot Dimensions 7 332
Lot Size Acres 0.17
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Infinity

Broker

robertfortino@kw.com

Email

Affordability Calculator

$7,027
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$1,184
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
568094 Elementary School
564675 Middle School
Riverside Brookfield Twp Senior High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$949,000 Listed Price

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1106 Alima Terrace, La Grange Park, IL, 60526 is a Multi-Family Home for sale at $949,000 with 3,000 sqft and a lot size of 0.17. 1106 Alima Terrace has 8 bedrooms, 4.0 baths, and was built in 1952. The property's zip code is 60526 which is in La Grange Park, IL