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1025 - 49 W Vermont Street Calumet Park, IL 60827 Multi Unit - Multiple New

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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 Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Keller Williams ONEChicago 312-216-2422
MRED MLS
$5,880,000
Est. $39,245/mo
New to the Market New
BEDS0 BATHS MLS#12666044
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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1025 - 49 W Vermont Street , Calumet Park, IL 60827.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $5,880,000$5,880,000
Down Payment $205,800$1,176,000
Monthly Mortgage Amount $35,548$29,347
Taxes $8183$8183
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $3,528$0
Monthly Estimated Total $48,974$39,245

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