Property Description

Pleased to present the exclusive offering of Vermont Street Apartments, a 60-unit multifamily community located at 1025-1049 W. Vermont St, Calumet Park, IL 60827. This investment opportunity consists of 3 contiguous, 20-unit yellow brick flexicore buildings totaling 60,459 SF and offering a desirable unit mix, strong in-place income, and significant upside potential through a light value-add repositioning strategy. Unit Mix & Rents (20) Two-Bedroom / One-Bath Units (40) One-Bedroom / One-Bath Units The property offers 68 off-street parking spaces, private balconies for each unit, and convenient on-site laundry facilities. The community features a well-maintained exterior with excellent curb appeal in a quiet residential neighborhood, supported by recent capital improvements including newer roofs, upgraded common areas, and unit renovations with new flooring, appliances, and fixtures. Vermont Street Apartments presents investors with a stabilized, cash-flowing asset in a strong rental market, with the added advantage o. of immediate light value-add potential to push rents and increase returns without major capex.

Property Features