1106 Alima Terrace
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.
- Cordial Inn 300 ft
- Golden Wok 350 ft
- Bill's Place 550 ft
- Taqueria El Grande 600 ft
- Blue Water 0.3 mi
- Off Broadway Pub 0.4 mi
- Maple Quick Mart 450 ft
- Tischler's Fine Foods 0.4 mi
- Citgo 0.5 mi
- 7-Eleven 0.7 mi
- 7-Eleven 1.0 mi
- Brookfield Tobacco & Food 1.0 mi
- Harrison Park 0.3 mi
- Candy Cane Park 0.3 mi
- Yena Park 0.3 mi
- Progress Park 0.5 mi
- Madlin Park 0.6 mi
- Tot Spot 0.8 mi
- Happier Now Cafe 0.5 mi
- Milk and Manna 0.9 mi
- Balance Brookfield Nutrition 1.0 mi
- Gosia's Coffee Shop 1.0 mi
- Loca Mocha Cafe 1.0 mi
- Starbucks 1.1 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12660667