1025 Vermont St Chicago, IL 60827
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60-Unit Apartment Building, High ROI
Property Features for 1025 Vermont St
General Information
- Property type
- Multifamily properties
- Class
- B
Building Details
- Year Built
- 1969
- Stories
- 3
- Units
- 60
Listing Agency: Keller Williams Preferred Realty Listing Agent: James Mattz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional multifamily investment opportunity presents a rare chance to acquire a well-maintained 60-unit apartment building located at 1025-41 W Vermont St, Calumet Park, IL 60827, Cook County. The property, a Class B building constructed in 1969, consists of two side-by-side, three-story yellow brick buildings, each containing 30 units. All units boast balconies and convenient off-street parking. The property is zoned MF (Multifamily) and sits on a desirable residential street with excellent curb appeal. Currently, the building offers significant upside potential for rental income. The asking price is $5,950,000, representing a 7.00% capitalization rate. This property has been exceptionally well-maintained and offers a strong track record. The seller is relocating, creating this unique opportunity for experienced investors seeking a stable, high-return asset. To receive confidential financial information and schedule a showing, prospective buyers must demonstrate 25% liquidity. This is a truly exceptional opportunity to acquire a well-positioned, income-generating asset in a strong Chicago market. Don't miss this chance to add a valuable property to your portfolio.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6426062
- Latitude
- 41.6617168
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FAQs
What type of property is this?
Multifamily property - 60-Unit Apartment Building, High ROI
Where is this multifamily property located?
The property is located at 1025 Vermont St Chicago, IL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 60-unit multifamily investment opportunity in Calumet Park, IL.; Class B building, constructed in 1969, with two 30-unit buildings.; All units feature balconies and off-street parking.
