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.
Details
MLS #
12666044
Listing Type
For Sale
Style
Multi Family 5+
Sub-Type
Resale
Status
Active
Year
1969
Days On Site
139
Listing Provided By
Keller Williams ONEChicago | Anthony Hardy
Features
Story(s)
3
Units
60
Interior
Cooling
Window Unit(s)
Exterior
Roof
Composition
Construction Materials
Brick
Utilities
Electric
Circuit Breakers
Taxes
Tax Year
2024
Tax Annual Amount
149339.7
Area Information
State
IL
County
Cook
City
Calumet Park
Zip Code
60827
Area
Calumet Park
Listing VS Median (in 60827)
Price: $5,880,000
low | high
Med: $164,500
100% of Average
On site: 139
low | high
Med: 21
100% of Average
Sourced by Back At You
Market Activity 60827
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 1
Avg $ Per SqFt: $58.23
Min Sale Price: $68,250
Max Sale Price: $68,250
Med Sale Price: $68,250
Date: Aug 2026
Sales: 5
Avg $ Per SqFt: $143.32
Min Sale Price: $108,000
Max Sale Price: $225,100
Med Sale Price: $155,000
Date: Jul 2026
Sales: 4
Avg $ Per SqFt: $153.49
Min Sale Price: $125,000
Max Sale Price: $250,000
Med Sale Price: $232,400
Date: Jun 2026
Sales: 8
Avg $ Per SqFt: $124.92
Min Sale Price: $98,400
Max Sale Price: $285,000
Med Sale Price: $139,500
Date: May 2026
Sales: 10
Avg $ Per SqFt: $149.6
Min Sale Price: $60,000
Max Sale Price: $405,000
Med Sale Price: $197,500
Date: Apr 2026
Sales: 11
Avg $ Per SqFt: $121.66
Min Sale Price: $57,000
Max Sale Price: $255,000
Med Sale Price: $141,000
Date: Mar 2026
Sales: 16
Avg $ Per SqFt: $139.93
Min Sale Price: $55,000
Max Sale Price: $295,000
Med Sale Price: $212,250
Date: Feb 2026
Sales: 20
Avg $ Per SqFt: $119.55
Min Sale Price: $60,000
Max Sale Price: $295,000
Med Sale Price: $169,550
Date: Jan 2026
Sales: 10
Avg $ Per SqFt: $135.84
Min Sale Price: $90,000
Max Sale Price: $307,500
Med Sale Price: $192,500
Date: Dec 2025
Sales: 13
Avg $ Per SqFt: $141.12
Min Sale Price: $84,500
Max Sale Price: $290,000
Med Sale Price: $170,000
Date: Nov 2025
Sales: 11
Avg $ Per SqFt: $107.66
Min Sale Price: $60,000
Max Sale Price: $272,400
Med Sale Price: $138,000
Date: Oct 2025
Sales: 16
Avg $ Per SqFt: $114.17
Min Sale Price: $45,000
Max Sale Price: $275,000
Med Sale Price: $165,000
Sourced by Back At You
Sep 2026
Sales:
1
Avg $ Per SqFt:
$58.23
Min Sale Price:
$68,250
Max Sale Price:
$68,250
Med Sale Price:
$68,250
Aug 2026
Sales:
5
Avg $ Per SqFt:
$143.32
Min Sale Price:
$108,000
Max Sale Price:
$225,100
Med Sale Price:
$155,000
Jul 2026
Sales:
4
Avg $ Per SqFt:
$153.49
Min Sale Price:
$125,000
Max Sale Price:
$250,000
Med Sale Price:
$232,400
Jun 2026
Sales:
8
Avg $ Per SqFt:
$124.92
Min Sale Price:
$98,400
Max Sale Price:
$285,000
Med Sale Price:
$139,500
May 2026
Sales:
10
Avg $ Per SqFt:
$149.6
Min Sale Price:
$60,000
Max Sale Price:
$405,000
Med Sale Price:
$197,500
Apr 2026
Sales:
11
Avg $ Per SqFt:
$121.66
Min Sale Price:
$57,000
Max Sale Price:
$255,000
Med Sale Price:
$141,000
Mar 2026
Sales:
16
Avg $ Per SqFt:
$139.93
Min Sale Price:
$55,000
Max Sale Price:
$295,000
Med Sale Price:
$212,250
Feb 2026
Sales:
20
Avg $ Per SqFt:
$119.55
Min Sale Price:
$60,000
Max Sale Price:
$295,000
Med Sale Price:
$169,550
Jan 2026
Sales:
10
Avg $ Per SqFt:
$135.84
Min Sale Price:
$90,000
Max Sale Price:
$307,500
Med Sale Price:
$192,500
Dec 2025
Sales:
13
Avg $ Per SqFt:
$141.12
Min Sale Price:
$84,500
Max Sale Price:
$290,000
Med Sale Price:
$170,000
Nov 2025
Sales:
11
Avg $ Per SqFt:
$107.66
Min Sale Price:
$60,000
Max Sale Price:
$272,400
Med Sale Price:
$138,000
Oct 2025
Sales:
16
Avg $ Per SqFt:
$114.17
Min Sale Price:
$45,000
Max Sale Price:
$275,000
Med Sale Price:
$165,000
MLS Number: 12666044
Anthony Hardy – (773) 575-6082
Keller Williams ONEChicago – (312) 216-2422
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