Estimated payment $14,555/month
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.
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
Home Values in the Area
Average Home Value in this Area
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 |
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)
MLS Number: 12626975
APN: 25322070620000
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