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$949,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 4 Car Garage
  • Updated 9 hours ago
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1106 Alima Terrace presents an opportunity to acquire a fully leased, 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.

Full Property Details for 1106 Alima Terrace

General

  • Price: $949,000
  • Taxes: $14,212 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12605967
  • Updated: 3/31/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 9
  • Parking Features: Yes, Detached, Garage

Location

  • Area: La Grange Park
  • County: Cook
  • Township: Proviso
  • Driving Directions: La Grange Road, East on 31st Street. Turn Left (North) on Alima Terrace.

School Information

  • School District: 95
  • Elem School District: 95
  • Midd School District: 95
  • High School District: 208
  • High School: Riverside Brookfield Twp Senior
  • Private School: Riverside Brookfield Twp Senior

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Roof: Asphalt
  • Year Built: 1952
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 7332

Financial Considerations

  • Assessment Year: 1952
  • Tax Amount: $14,212
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 15273300290000

Listed by Keller Williams Infinity

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— 1106 Alima Terrace —

  • Keller Williams Infinity

(630) 669-6353

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1106 Alima Terrace

School Districts:Brookfield School District 95, Riverside Brookfield Township School District 208
NameGradesDistance
Brook Park Elementary School, La Grange Park, IL
1214 Raymond Avenue, La Grange Park, IL 60526
K-50.2 mi
S E Gross Middle School
3524 Maple Avenue, Brookfield, IL 60513
6-80.6 mi
Riverside Brookfield Twp High School
160 Ridgewood Road, Riverside, IL 60546
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1106 Alima Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/31/2026
Listed
$949,000
80.76%
MLS
5/19/2021
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1106 Alima Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,212
-28%
$43,999
-16%
2022
$19,835
3%
$52,517
—
2021
$19,209
3%
$52,517
—
2020
$18,699
9%
$52,517
6%
2018
$17,158
-2%
$49,709
—
2019
$17,504
9%
$49,709
—
2017
$16,023
19%
$49,709
28%
2016
$13,481
6%
$38,773
—
2015
$12,755
1%
$38,773
—
2014
$12,576
6%
$38,773
—
2013
$11,911
2%
$38,947
—
2012
$11,707
—
$38,947
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1106 Alima Terrace, La Grange Park, IL 60526 (MLS# 12605967) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 1106 Alima Terrace is currently listed for $949,000 and was received on March 31, 2026. Want to learn more about 1106 Alima Terrace? Do you have questions about finding other Multi-Family real estate for sale in La Grange Park? You can browse all La Grange Park real estate or contact a Coldwell Banker agent to request more information.

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