$1,300,000
Prime Industrial Building for Sale at 4542 W Cermak Rd – 18,000 SF Warehouse & Office in Chicago, IL 60623
Chicago, Illinois
Soft OfferHigh-Yield 60-Unit Investment: 1025-1049 W Vermont St, Calumet Park, IL 60827 – $5.88M
1025-1049 W Vermont St, Calumet Park, Illinois 60827
$5,880,000
$97 / sq ft 8.23% cap rate Listed Jul 8, 2026
60,459 sqft
Building
1 acres
Lot
1967
Built
3
Stories
67
Parking
60
Units
About this property
High-Yield 60-Unit Investment: 1025-1049 W Vermont St, Calumet Park, IL 60827 – $5.88M is a multifamily for sale in Calumet Park, Illinois, listed at $5,880,000. Key details: year built 1967, building size 60,459 sqft, lot size 1 acres, stories 3. Listed by Tony Hardy of Keller Williams ONEChicago on LoopingCloud and last updated July 9, 2026.
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.
Key highlights
- Occupied
- Zoning RS-2 - Residential
- quiet residential neighborhood
- new flooring
- newer roofs
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1967
- Building Size
- 60,459 sqft
- Lot Size
- 1 acres
- Stories
- 3
- Parking Spaces
- 67
- Total Units
- 60
- Building Class
- Class B
- Occupied
- Yes
- Occupancy
- 98%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $484,137
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
8.23%
Cap rate
$484,137
Net operating income
$97
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $5,880,000 | 8.23% | - | - | - |
Features and amenities
Property Other Use Types
- Zoning RS-2 - Residential
Property Features
- Unit Amenities Balcony Washer/Dryer Heating Kitchen Refrigerator Oven Range Tub/Shower Carpet
- 24 Hour Access Controlled Access Tenant Controlled HVAC Smoke Free Trash Pickup - Curbside Smoke Detector
Highlights
- quiet residential neighborhood
- new flooring
- newer roofs
Location
Address as shown by the lister.
Get directionsAbout this area - Riverdale
- Population
- 33,209
- Housing units
- 11,763
- Land area
- 6.9 sq mi
- County
- Cook
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Additional contacts
1 person to reach- Travis MontgomerySenior Director (773) 946-8816
Frequently asked questions
What is the asking price of High-Yield 60-Unit Investment: 1025-1049 W Vermont St, Calumet Park, IL 60827 – $5.88M?
High-Yield 60-Unit Investment: 1025-1049 W Vermont St, Calumet Park, IL 60827 – $5.88M is listed at $5,880,000. That works out to about $97 per square foot. The stated cap rate is 8.23%.
Where is High-Yield 60-Unit Investment: 1025-1049 W Vermont St, Calumet Park, IL 60827 – $5.88M located?
The property is in 1025-1049 W Vermont St, Calumet Park, Illinois 60827, Cook County.
What type of property is this?
This is a multifamily for sale in the commercial category.
How big is the property?
The building is 60,459 sqft. The lot is 1 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Tony Hardy of Keller Williams ONEChicago listed this property. Use the Request Info button to send a message or call (773) 575-6082.
When was this listing published?
It was published on July 8, 2026 and last updated on July 9, 2026.
Listing information
- Listing ID
- CL-Illinois-27978
- Published
- Jul 8, 2026
- Last updated
- Jul 9, 2026
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