1025 W Vermont St

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.