Contact us: 563.441.1776
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 Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
Keller Williams ONEChicago
312-216-2422
MRED MLS
MLS ID: 12666044
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1025 - 49 W Vermont Street, Calumet Park, IL 60827.
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $5,880,000 | $5,880,000 |
| Down Payment | $205,800 | $1,176,000 |
| Monthly Mortgage Amount | $35,548 | $29,347 |
| Taxes | $8183 | $8183 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $3,528 | $0 |
| Monthly Estimated Total | $48,974 | $39,245 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/25/2026. The listing information on this page last changed on 07/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/25/2026 1:41:08 AM EST) or MRED MLS (last updated Sat 07/25/2026 1:36:07 AM EST) or SCWMLS (last updated Fri 07/24/2026 11:54:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 07/24/2026 10:16:08 PM EST) or Cedar Rapids MLS (last updated Fri 07/24/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Sat 07/25/2026 1:18:42 AM EST) or ICAAR MLS (last updated Fri 07/24/2026 11:37:37 PM EST) or ECIMLS (last updated Fri 07/24/2026 11:44:35 PM EST) or RMLSA (last updated Sat 07/25/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sat 07/25/2026 1:30:09 AM EST) or No Coast MLS (last updated Sat 07/25/2026 12:44:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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