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1025-1029 W Vermont Ave

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Home/IL/Calumet Park

1025-1029 W Vermont Ave

Calumet Park, IL 60827
Asking Price
$1.96M
Cap Rate
7.8%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

7.8% Cap Rate | 20 Units in Calumet Park, IL | 1025-1029 W. Vermont Street Apartments <ul><li>​20-Unit Building - Efficient layout with Flexicore construction for durability and noise reduction.</li><li>​Attractive Unit Features - Balconies for all units, modernized finishes in renovated apartments, and on-site laundry facilities.</li><li>​Strong Upside Potential - Below-market rents present opportunity for rental rate growth to market levels through continued interior upgrades.</li><li>​Recent Capital Improvements - Newer roof, updated common areas, and renovated units with new

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NOI
$80,000
Cap Rate
4.08%
DSCR
0.69
Underwater
Cash-on-Cash
-6.18%
Monthly Payment
$9,697.011
Annual Cash Flow
$-36,364.127

Location & Travel Times

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1049 West Vermont Street, Calumet Park
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$5.88M
Class B | Apartment Building
1049 West Vermont Street, Calumet Park, IL 60827
Listed by Owner · For Sale