1025-49 Vermont Street

Riverdale, IL 60827

$5,950,000
Price
80
Beds
60
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rarely available and only owned by three individuals since 1972, this investment opportunity features 3/20-unit side-by-side yellow brick flexicore buildings. Each unit comes with balconies and off-street parking. These Properties are nestled in a beautiful residential area with gorgeous curb appeal. The owner is relocating, presenting a chance to acquire modern apartments with significant upside rent potential. This is a perfect wealth-building asset for experienced investors. To show or receive...Rarely available and only owned by three individuals since 1972, this investment opportunity features 3/20-unit side-by-side yellow brick flexicore buildings. Each unit comes with balconies and off-street parking. These Properties are nestled in a beautiful residential area with gorgeous curb appeal. The owner is relocating, presenting a chance to acquire modern apartments with significant upside rent potential. This is a perfect wealth-building asset for experienced investors. To show or receive confidential financials, buyers must provide 25% liquidity. Don't miss out on this exceptional investment!
  1. Listed by James Mattz • Keller Williams Preferred Rlty

Property Details for 1025-49 Vermont Street

Area
Calumet Park
LISTING UPDATED: 09/10/2024 12:07 AM

Property Details for 1025-49 Vermont Street

StatusActive
MLS #12155134
Days on Market79
Taxes$137,568 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1969
Lot Size0.69 AC / 29,972 SF
CountyCook County

Building Information for 1025-49 Vermont Street

Stories3Residences60Year Built1969Building Size-Lot Size0.69 AC / 29,972 SF

Property Information for 1025-49 Vermont Street

General Information
Addtl Parking Information
  • Outdoor Parking: 51-100 Spaces
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 6
  • Basement Description: Slab
  • Heat/Ventilation: Central Bldg Heat
  • # Of Window/Ac: 60
  • # Of Refrigerators: 60
  • # Of Dryers: 6
  • Num of Baths: 60.0
Exterior Features
  • Misc Outside: Balcony/ies,Storms and Screens (as exist)
Property/Lot Information
  • Tenant Pays: Air Conditioning, Common Area Maintenance
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance,Courtyard
  • Lot Dimensions: 236X127
  • Stories: 3
  • Construction: Brick
  • Roof Type: Composition
  • Roof Structure: Pitched
  • # Of Ranges: 60
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 2
  • Document Date: 2024-09-04T18:17:51
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 60
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $712,680.00
  • Gross Scheduled Income: $712,680.00
  • Insurance Expense: $26,937.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Other Expense Source: Combination
  • Total Monthly Income: 59390
  • Net Operating Income: $444,448.00
  • Operating Expense: $268,232.00
  • Other Expense: $87,183.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 20
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 40
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1025-49 Vermont Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1025-49 Vermont Street

This home is within Chsd 218 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Burr Oak Academy
PublicPK to 2

Calumet Elementary School
Public6 to 8

A B Shepard High School (Campus)
Public9 to 12

Burr Oak Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1025-49 Vermont Street is a multi-family home for sale in Riverdale, IL 60827. This property was listed for sale on September 4, 2024 by Keller Williams Preferred Rlty, it's currently listed at $5,950,000. This listing's school districts are Chsd 218 School District, Calumet Public School District 132. Nearby schools include Burr Oak Academy, Calumet Elementary School and A B Shepard High School (Campus). 1025-49 Vermont Street is a 80-bed, 60-bath, multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Rlty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/10/2024 12:07 AM. 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.