What is the asking price for 1025 W Vermont St?

The lease rate for space here is Contact for pricing.

What type of property tenancy can you find at 1025 W Vermont St?

This property is listed as Multi-Tenant.

What is the total size of 1025 W Vermont St?

The property has a total square footage of 20,153 SF.

When was this property built?

1025 W Vermont St was built in 1969.

How many parking spaces are available at 1025 W Vermont St?

Parking information for the property isn't currently listed. However, other nearby parking options include Kensington / 115th Street Station Parking Lot, located 2.50 miles away , and Blue Island Park & Ride, which is 2.64 miles away.

1025 West Vermont Street, Calumet Park, IL 60827

For Sale $1,960,000
Property Type Multi-Family
Lot Size 15,621 SF
# of Floors 3
Property Tenancy Multi-Tenant
Building Class C
Year Built 1969
Date Updated Jun 27, 2026

Description

Midwest Investment Advisors with KW Commercial and Keller Williams ONEChicago is pleased to present the exclusive offering of Vermont Street Apartments, a 20-unit apartment community located at 1025–1029 W. Vermont St, Calumet Park, IL 60827. Thisexceptional investment opportunity consists of a 20-unit yellow brick flexicore building totaling 20,153 SF and offering a desirable unitmix, strong in-place income, and significant upside potential.

The property offers 23 off-street parking spaces, private balconies for each unit, and convenient on-site laundry facilities. The communityfeatures a well-maintained exterior with excellent curb appeal in a quiet residential neighborhood, supported by recent capitalimprovements including newer roofs, upgraded common areas, and unit renovations with new flooring, appliances, and fixtures.

Unit Mix & Rents

(7) Two-Bedroom / One-Bath Units – Current Average Rent: $1,304 | Market Average Rent: $1,525
(13) One-Bedroom / One-Bath Units – Current Average Rent: $1,073 | Market Average Rent: $1,275

Financial Highlights

Current NOI: $152,803 | Pro Forma NOI: $188,164
List Price: $1,960,000 ($98,000 per unit | $97.26 per SF)
Current Cap Rate: 7.80% | Pro Forma Cap Rate: 9.60%
Current GRM: 7.08 | Pro Forma GRM: 6.26
Occupancy: 100%

Vermont Street Apartments presents investors with a stabilized, cash-flowing asset in a strong rental market, with the added advantageof immediate value-add potential to push rents and increase returns.