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Listed by Robert Fortinoof Keller Williams Infinity
$ 949,000
Est. payment /mo
Active
1106 Alima Terrace La Grange Park, IL 60526
8 Beds
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12605967
Bedrooms 8
Year Built 1952
Annual Tax Amount $14,212
Tax Year 2023
Lot Size 7,405 Sqft
Lot Dimensions 7,332
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air
Fireplace N
Exterior
Garage Spaces 4.0
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
High Schools Riverside Brookfield Twp Senior
School District 95, 95, 208
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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