Midwest Investment Advisors with KW Commercial and Keller Williams ONEChicago is pleased to present the exclusive offering of Vermont Street Apartments, a 20-unit apartment community located at 1025–1029 W. Vermont St, Calumet Park, IL 60827. This exceptional investment opportunity consists of a 20-unit yellow brick flexicore building totaling 20,153 SF and offering a desirable unit mix, strong in-place income, and significant upside potential. The property offers 23 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 (7) Two-Bedroom / One-Bath Units – Current Average Rent: $1,304 | Market Average Rent: $1,525 (13) One-Bedroom / One-Bath Units – Current Average Rent: $1,073 | Market Average Rent: $1,275 Financial Highlights Current NOI: $152,803 | Pro Forma NOI: $188,164 List Price: $1,960,000 ($98,000 per unit | $97.26 per SF) Current Cap Rate: 7.80% | Pro Forma Cap Rate: 9.60% Current GRM: 7.08 | Pro Forma GRM: 6.26 Occupancy: 100% Investment Highlights 20-Unit Building – 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 roof, 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, and employment centers. Vermont Street Apartments presents investors with a stabilized, cash-flowing asset in a strong rental market, with the added advantage of immediate value-add potential to push rents and increase returns.