Listing Summary
Calumet Park Multifamily Investment Opportunity: 60-Unit Apartment Community For Sale
Full Description
Midwest Investment Advisors, in partnership with KW Commercial and Keller Williams ONEChicago, is pleased to present the exclusive listing of Vermont Riverbend Residences. Located at 1025–1049 W. Vermont St, Calumet Park, IL 60827, this premier Illinois commercial real estate offering is situated in a quiet residential neighborhood near the scenic Little Calumet River.
This lucrative multifamily investment opportunity features three contiguous, 20-unit yellow brick flexicore buildings totaling 60,459 SF. Offering a highly desirable unit mix, strong in-place rental income, and significant upside potential through a proven, light value-add repositioning strategy, this asset is primed for immediate returns and long-term equity growth.
Property Highlights & Value-Add Features:
-
Strong Asset Structure: Three contiguous 20-unit yellow brick flexicore buildings (60,459 total SF).
-
Turnkey Capital Improvements: Features newer roofs, upgraded common areas, and recently renovated units equipped with new flooring, modern appliances, and updated fixtures.
-
Tenant Amenities: 68 dedicated off-street parking spaces, private balconies for every unit, and convenient on-site laundry facilities.
-
Excellent Curb Appeal: Well-maintained exterior located in a high-demand, quiet residential pocket of Calumet Park.
Quick Glance
- Listing ID:
CL-Illinois-27978
- Status:
Active
- Year Build:
1967
- Building Size:
60,459 SqFt
- Lot Size:
1 Acr