Blue Island IL Real Estate & Commercial for Sale

11 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
3,300
Status:
NEW LISTING
MLS#:
12596756
Type:
Retail
Lot size:
0.1 Acres
Year built:
1932
A broker reciprocity listing Courtesy: eXp Realty 888-574-9405
View additional info

ADDITIONAL INFORMATION

This commercial storefront property offers a bright, open, 1,800 sqft floor plan complemented by expansive display windows and outstanding visibility along a high-traffic corridor. Featuring convenient on-site parking, close proximity to local amenities, and flexible interior space adaptable to a variety of business uses, this location presents exceptional opportunity for owners or investors alike. Take advantage of this prime position in a growing community - schedule your showing today! **Commercial Storefront in the Heart of Blue Island!~1800 SqFt One Story w/ an Open Floor Plan~Full Finished Basement w/Tons of Storage Plus a Full Bathroom~Rear Exit Leads to Parking Available in the Back of the Building~Currently Retail Store w/Extra Storage Room & Half Bathroom~NEW Roof Last Year!~Great Location Right on Busy Western Ave~Close to Shopping, Transportation, Everything!~Don't Miss Out Call Today!**

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12585608
Type:
Mixed Use
Lot size:
0.1 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Redfin Corporation 224-699-5002
View additional info

ADDITIONAL INFORMATION

Live & Earn in the Heart of the Olde Western Historic District! Rare mixed-use opportunity in Blue Island's premier two-block pedestrian hub! Perfect for a savvy investor or owner-occupant looking to cut expenses in half by living in the large 4BR/1BA upper unit while the 1st-floor office helps pays the mortgage. Located steps from unique architecture, local dining, and the recent streetscape revitalization. Income & Space: 1st-floor office features a reception, large conference room, 3 private offices, galley kitchen, and ADA bath. Long-term tenant ($1,500/mo + utilities) thru 7/31/26 wants to stay! 2nd floor features 4 bedrooms, in-unit laundry, and front/rear entries. Recent Updates: ALL NEW windows (front/sides 2025), new 1st-floor HVAC and 2nd-floor A/C ( 5 yrs), HWH 5 yrs, and recently inspected/repaired roof. Hard-wired security/cameras in office. Ample parking for 6+ cars + free street parking. Partial basement for storage. Both units function well but await your cosmetic touches. Sold AS-IS. Build instant equity!

Beds:
n/a
Baths:
Sq.Ft.:
6,145
Status:
Active
MLS#:
12584412
Type:
General Commercial
Year built:
1962
A broker reciprocity listing Courtesy: Citypoint Illinois LLC 847-744-5003
View additional info

ADDITIONAL INFORMATION

Turnkey 6-unit multifamily investment opportunity in Blue Island generating $81,792 in current annual rental income with immediate upside through market rent growth. The building features a mix of well-maintained units with stable tenants and consistent occupancy. Average rents are currently $1,136 per unit, while comparable rentals in the area support rents closer to $1,325-$1,350, providing over $14,000 in potential annual rental upside through normal lease renewals and tenant turnover. Operating expenses are well documented and include property taxes, utilities, maintenance, and management assumptions. At market rents, the property offers strong income potential with additional upside through rent growth. The property benefits from strong rental demand due to its convenient location near shopping, transportation, and employment centers. Financials, rent roll, and operating statement available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
2,882
Status:
Active
MLS#:
12581058
Type:
General Commercial
Lot size:
0.21 Acres
Year built:
1988
A broker reciprocity listing Courtesy: eXp Realty 888-574-9405
View additional info

ADDITIONAL INFORMATION

Prime Investment Opportunity in Blue Island! Unlock the potential of this commercially zoned, mixed-use 2,882 sq. ft. property, perfectly situated for entrepreneurs, investors, or business owners. The first floor boasts a spacious office and retail space, complemented by three oversized service doors, ideal for automotive, warehousing, or a variety of commercial uses. The expansive exterior lot offers ample parking and storage Elevating the value of this property, the second floor features a large, separate apartment, presenting an excellent income-generating opportunity. With separate gas and electric meters, tenants cover their own utilities. This property offers endless possibilities for expansion, redevelopment, or immediate use. Don't miss out on this highly adaptable space-schedule a showing today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12498876
Type:
General Commercial
Year built:
1969
A broker reciprocity listing Courtesy: RE/MAX 10 708-429-4300
View additional info

ADDITIONAL INFORMATION

This outstanding 6-unit multifamily features Five-2Bedroon -One bath units and One 1- BR-1-Bath unit. Many upgrades that include a new roof, tuckpointing, updated kitchens & bathroom that include new cabinets & ceramic tile, resurfaced parking lot , new concrete front & rear porches and a camera security system. Located close to shopping, public transportation and I-57. A great addition to your existing portfolio or for a first time multifamily buyer !

Beds:
n/a
Baths:
Sq.Ft.:
2,300
Status:
Active
MLS#:
12490564
Type:
General Commercial
Lot size:
0.15 Acres
Year built:
1898
A broker reciprocity listing Courtesy: RE/MAX 10 708-857-1500
View additional info

ADDITIONAL INFORMATION

Great Opportunity!!!! EITHER OPEN YOUR OWN BUSINESS HERE OR PURCHASE AS AN INVESTMENT WITH GREAT INCOME!!!! HISTORIC BLUE ISLAND WITH 2 STORY BUILDING! AND EXTRA ADJACENT LOT! 1ST FLOOR CURRENTLY LEASED WITH A HAIR SALON AND SPA. 2ND FLOOR UPDATED 2 BEDROOM APARTMENT W/ PRIVATE DECK, CURRENTLY RENTED. FULL BASEMENT AND 2 CAR GARAGE WITH REAR ENTRY. FULLY FENCED YARD. GREAT LOCATION AND GREAT OPPORTUNITY! CALL TODAY !!!

Beds:
n/a
Baths:
Sq.Ft.:
6,600
Status:
Active
MLS#:
12446774
Type:
Office
Lot size:
0.23 Acres
Year built:
1980
A broker reciprocity listing Courtesy: Realty of America, LLC 708-788-1900
View additional info

ADDITIONAL INFORMATION

Unique and spacious commercial property Near downtown Blue Island. This versatile building offers large office spaces, storage, loading dock , multiple bathrooms , common area and work space. Perfect for a large range of businesses ready to expand and grow! Welcome to Blue Island.

Beds:
n/a
Baths:
Sq.Ft.:
15,825
Status:
Active
MLS#:
12403456
Type:
General Commercial
Lot size:
1.73 Acres
Year built:
1992
A broker reciprocity listing Courtesy: SK Properties Group, LLC 773-493-7000
View additional info

ADDITIONAL INFORMATION

THE PRICE HAS BEEN REDUCED ON THIS RENOVATED INDUSTRIAL BUILDING! DETAILS ABOUT THE PROPERTY ARE BELOW. OWNER IS OPEN TO A SALE-LEASEBACK!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12343930
Type:
General Commercial
Year built:
1963
A broker reciprocity listing Courtesy: RE/MAX 10 708-429-4300
View additional info

ADDITIONAL INFORMATION

Six-Unit Blue island multifamily located in a good rental area. The property consists of five 2-Br, one bath units and, One 1-Bedroom, 1-Bath unit. Fully rented. The building is located close to I-57 & I-294. parking lot with six parking spaces. Please reference 12452 Fairview owned by the same seller. Rent roll / expenses due on request.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12343845
Type:
General Commercial
Year built:
1962
A broker reciprocity listing Courtesy: RE/MAX 10 708-429-4300
View additional info

ADDITIONAL INFORMATION

Six unit multifamily in a good rental area. The property is fully rented. Located close to I-57 & I-294. Six parking spaces. A good addition to an investors portfolio. * Please reference 12456 Fairview that is owned by the seller. Marketing package is available on request.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12171006
Type:
General Commercial
Year built:
1966
A broker reciprocity listing Courtesy: Realty One Group Heartland 708-678-1000
View additional info

ADDITIONAL INFORMATION

Smart Investment Opportunity Blue Island 6-Flat Brick Apartment Building! Five Two bedrooms and One, 1 bedroom 1 bath Apartment. (11 Bedrooms 6 Baths) Currently three vacant. Rents below market-value a value add is possible of increased rents. Additional Income Coined Washer/Dryer on site. Tenant's responsible for Cooking Gas and Electric. Ample Street Parking. Walkable to Public Pace Transportation, Shopping and Schools. SOLD "AS IS" CONDITION. ROOF COMPLETE TEAR-OFF 2015. 75 GALLON WATER TANK INSTALLED 2015. RE-BUILT BOILER (all new cooper piping) 2015. Mechanical and exterior (brick) in excellent condition. Units need light upgrading. Great opportunity for a novice or seasoned investor!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Blue Island Real Estate

Blue Island is located in Illinois. Blue Island, Illinois has a population of 22,934. Blue Island is less family-centric than the surrounding county with 21.93% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Blue Island, Illinois is $51,989. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Blue Island is 37 years.

Blue Island Weather

The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 37.9 inches per year, with 31.6 inches of snow per year.

Blue Island Map

Blue Island Real Estate Market Conditions

  • Median sales price

    $175,000
    13.7%
    change since last quarter
  • # Active listings

    66
    30-day change

Blue Island Schools and Demographics

Education near Blue Island, IL

City County
High School Graduates 77.03 87.97
College Degree - 2 year 6.76 6.73
College Degree - 4 year 17.19 40.75
Graduate Degree 5.94 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Blue Island, IL

Grades Students P/T Ratio ZIP
Aldridge Elementary School PK - 08 212 18.1 60827
Burr Oak Academy PK - 02 410 18.8 60827
Burr Oak Elementary School 03 - 05 377 15.8 60827
Carver Primary School PK - 08 442 15.3 60827
Cassell Elementary School KG - 08 394 18.5 60655
Childs Elementary School KG - 03 183 14.6 60472
Dubois Elementary School PK - 08 208 18.4 60827
Early Childhood Cntr PK - PK 90 22.5 60827
Gen George Patton Elementary School PK - 08 267 13.6 60827
Gordon School KG - 03 433 16.6 60469
Greenwood School KG - 08 80 17.3 60406
Horace Mann School PK - PK 256 24.1 60406
Keller Elementary Gifted Magnet School 01 - 08 244 17.8 60655
Lincoln Elementary School KG - 03 426 15.2 60406
Mount Greenwood Elementary School KG - 08 1,059 21.2 60655
Park Elementary School KG - 06 248 10.8 60827
Paul Revere Primary School KG - 03 435 16.7 60406
Riverdale School KG - 04 191 10.5 60827
School Dist 133 Annex PK - PK 39 11.3 60827
Turner Elem School PK - KG 205 24.1 60472
Vick Early Childhood & Family Center PK - PK 312 14.2 60655
Washington Elementary School KG - 06 273 12.8 60827

Middle Schools near Blue Island, IL

Grades Students P/T Ratio ZIP
Calumet Elementary School 06 - 08 375 15.7 60827
Everett F KERR Middle School 06 - 08 389 11.8 60406
Greenbriar School KG - 08 0 26.7 60406
Kellar School 06 - 08 508 16.4 60472
Paul Revere Intermediate School 04 - 05 225 16.7 60406
Posen Elementary School 04 - 05 363 15.8 60469
Veterans Memorial Middle School 06 - 08 400 12.1 60406
Washington Junior High School 07 - 08 143 8.2 60827
Whittier Elementary School 04 - 05 201 14.9 60406

High Schools near Blue Island, IL

Grades Students P/T Ratio ZIP
Carver Military Academy High School 09 - 12 502 17.9 60827
Chicago HS for Agricult Sciences 09 - 12 687 16 60655
DD Eisenhower High School (Campus) 09 - 12 1,836 15.1 60406
Delta Learning Center 09 - 12 172 7.2 60472

Demographics near Blue Island, IL

City County
Neighborhood Type Suburban
Population 22,934 5,265,398
Population Density 5,634 5,572
Median Age 37 37.3
People per Household 2.7 2.5
Median Household Income 51,989 72,121
Average Income per Capita 24,111 41,706

Real estate near Blue Island