1106 Alima Terrace, La Grange Park, IL

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.