1025 Vermont St Chicago, IL 60827
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1025 Vermont St
- Year built
- 1969
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6426
- Latitude
- 41.6617
