$1,960,000

Estimated payment $14,555/month

Total Views 216
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

1025 West Vermont Avenue is a 20-unit multifamily property located in Calumet Park, Illinois. Built in 1966, the three-story brick building is one of three adjacent 20-unit buildings that have been owned and operated by the same family since 1988, reflecting decades of consistent care and hands-on management. The property features a desirable unit mix of Thirteen (13) one-bedroom/one- bathroom and Seven (7) two-bedroom/one-bathroom apartments, averaging 702 square feet, each with a private balcony and access to 20 surface parking spaces. The Property has been well maintained throughout ownership, including a full tear- off pitched shingle roof replacement in 2012. Interiors feature clean, functional finishes with standard kitchens, durable flooring, and tiled bathrooms, while exteriors present classic mid-century brick facades and neatly landscaped courtyards.

Listing Agent

Jack Doyle

Essex 312, LLC License #475190497 Listed on: 04/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,822

Year Built

  • Built in 1966

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • 3-Story Property
  • 15,621 Sq Ft Lot

Community Details

Overview

  • 20 Units

Building Details

  • Electric Expense $2,709
  • Fuel Expense $9,125
  • Insurance Expense $11,197
  • Maintenance Expense $6,000
  • Manager Expense $13,322
  • Other Expense $667
  • Water Sewer Expense $13,209
  • Operating Expense $113,094
  • Gross Income $276,960
  • Net Operating Income $153,386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,822

Year Built

Built in 1966

Lot Details

0.36 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1966
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Garage/Parking

  • Outdoor Parking: 19-30 Spaces

Utilities

  • Heat/Ventilation: Hot Water,Baseboard

Condo/Co-op/Association

  • Manager Expense: 13322

Fee Information

  • Water Sewer Expenses: 13209

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: Per Survey
  • Lot Size Sq Ft: 15621

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 153386
  • Fuel Expense: 9125
  • Insurance Expense: 11197
  • ElectricExpense: 2709
  • GrossIncome: 276960
  • Maintenance Expense: 6000
  • NumberOfUnitsTotal: 20
  • OperatingExpense: 113094
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 50822
  • Tax Year: 2024
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,310 $96,087 $9,373 $86,714
2024 $48,310 $96,087 $9,373 $86,714
2023 $49,339 $96,087 $9,373 $86,714
2022 $49,339 $76,811 $10,935 $65,876
2021 $47,571 $76,809 $10,934 $65,875
2020 $46,789 $76,809 $10,934 $65,875
2019 $37,049 $64,856 $7,810 $57,046
2018 $37,639 $64,856 $7,810 $57,046
2017 $36,289 $64,856 $7,810 $57,046
2016 $34,236 $64,158 $7,029 $57,129
2015 $32,822 $64,158 $7,029 $57,129
2014 $33,211 $64,158 $7,029 $57,129
2013 $32,360 $72,495 $7,029 $65,466
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2026 04/23/26 For Sale $1,960,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12626975

Midwest Real Estate Data (MRED)

APN: 25322070620000

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