The property
Executive summary
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. This exceptional investment opportunity consists of a 20-unit yellow brick flexicore building totaling 20,153 SF and offering a desirable unit mix, 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 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. Unit Mix (7) Two-Bedroom / One-Bath Units (13) One-Bedroom / One-Bath Units Vermont Street Apartments presents investors with a stabilized, cash-flowing asset in a strong rental market, with the added advantage of immediate value-add potential to push rents and increase returns.