1025 - 49 W Vermont Street, Calumet Park, IL 60827
Cook County
Key Facts
Description
Pleased to present the exclusive offering of Vermont Riverbend Residences, a 60-unit apartment community located at 1025-1049 W. Vermont St, Calumet Park, IL 60827 near the Little Calumet River. 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. 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. Unit Mix & Rents (20) Two-Bedroom / One-Bath Units (40) One-Bedroom / One-Bath Units Investment Highlights 2 buildings situated side-by-side and the 3rd located directly across the street - Efficient layout with Flexicore construction for durability and noise reduction. Attractive Unit Features - Balconies for all units, modernized finishes in renovated apartments, and on-site laundry facilities. Strong Upside Potential - Below-market rents present opportunity for rental rate growth to market levels through continued interior upgrades. Recent Capital Improvements - Newer roofs, updated common areas, and renovated units with new flooring, appliances, and fixtures. Desirable Suburban Location - Nestled in a residential neighborhood with strong tenant demand and convenient access to transportation, retail, employment centers, and the Little Calumet River Vermont Riverbend Residences presents investors with a stabilized, cash-flowing asset in a strong rental market, with the added advantage of immediate light value-add potential to push rents and increase returns without major capex.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1969
Stories
3
Lot Dimensions
236X127
Days on Market
31
MLS® Listing#
12666044
Property Features
- Cooling:
- Window Unit(s)
- Basement:
- None
- Construction:
- Brick
- Roof:
- Composition
HOA & Tax
- Annual Tax:
- $149,340 (2024)
- Parcel #:
- 25322070620000
Directions
127th St West of Halsted to Vermont Ave, West to Buildings
Affordability Calculator
$1,176,000
Estimated monthly payment
$31,296/mo
Principal $4,704,000 · Est. interest $6,562,499 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Calumet Park, IL
- $325,164
- Median Listing Price
- 35
- Median Days on Market
- 1,600
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 1,170
- Active Listings
- This home’s price is 1708% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Calumet Park, IL.
Location
- 1025 - 49 W Vermont Street, Calumet Park, IL 60827
Nearby Schools
Calumet Middle School
Secondary · 0.6 mi away
Calumet Public School District 132
School · 0.6 mi away
Calumet Elementary School
Secondary · 0.6 mi away
Ronald Brown Academy
School · 0.6 mi away
Beacon Therapeutic School
School · 0.6 mi away
Burr Oak Elementary School
Elementary · 0.8 mi away
White Elementary Career Academy
Elementary · 0.9 mi away
St Isidore Elementary School
Elementary · 0.9 mi away
George Patton School
Elementary · 1.2 mi away
Johnnie Colemon Academy
School · 1.3 mi away
Johnnie Colemon Institute
School · 1.3 mi away
Blue Cap School
Elementary · 1.3 mi away
Owens Elementary Community Academy
Elementary · 1.4 mi away
Chicago Public Schools
School · 1.4 mi away
Chicago Public Schools
School · 1.4 mi away
Higgins Elementary Community Academy
Elementary · 1.4 mi away
Lincoln School
Elementary · 1.5 mi away
Washington Junior High
Secondary · 1.6 mi away
Jada's Cuddly Care
School · 1.6 mi away
Paul Revere Intermediate School
Elementary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Moving Cost Estimate
EXIT Agents in Calumet Park
Listing Courtesy: Keller Williams ONEChicago - 3122162422
Last Updated: 2026-06-01