Courtesy: Luxe Realty Studio LLC
708-426-4003
Fantastic investment opportunity in the heart of Blue Island! This well-maintained 6-unit building sits on historic Old Western Avenue, just steps from the Blue Island Metra Station, making it an ideal location for commuters and long-term tenants alike. The property features major cosmetic updates completed in 2018, and all appliances included, offering peace of mind and immediate rental appeal. Was fully rented since planning to sell, but currently there are 3 units that are occupied month-to-month, giving investors flexibility - keep the reliable income or re-tenant at market rents. With its prime location, strong rental potential, and solid mechanicals, this building is perfect for both seasoned investors and those looking to start or expand their portfolio.
Courtesy: Lincoln-Way Realty, Inc
708-479-6355
Rare opportunity to acquire a fully occupied 6-unit building in the heart of Blue Island! This solid, all-brick property offers a desirable unit mix of one 1 bed/1 bath and five 2 bed/1 bath apartments. Two units have been completely remodeled, featuring updated finishes that appeal to quality tenants. Each unit has its own furnace (no boiler) and is separately metered allowing tenants to cover their individual usage-helping to reduce owner expenses. The building includes in-building coin laundry and six off-street parking spaces, providing added convenience and boosting tenant satisfaction. A new roof was installed in March 2025, offering long-term peace of mind. Located just minutes from the Metra station, bus stops, major interstates, scenic forest preserves, the river, and popular dining spots-this is a highly rentable, commuter-friendly location. Whether you're an experienced investor or just looking to grow your portfolio, this well-maintained, income-producing property is a smart addition!
Courtesy: RE/MAX 10
708-429-4300
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 !
Courtesy: Realmart Realty Inc
773-523-4700
BRICK MIXED USE BUILDING! THERE WAS A BEAUTY SALON ON THE FRONT AND THERE IS AN APARTMENT ON THE BACK OF THE BUILDING. THIS PROPERTY IS BEING SOLD IN "AS IS" CONDITION. ALSO THERE'S A BIG DETACHED GARAGE, AND A HUGE YARD! VERY CLOSE TO WESTERN AVE!
Courtesy: RE/MAX 10
708-857-1500
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 !!!
Courtesy: Real Realty Inc
773-869-0500
Real Realty is pleased to present the Artesian Apartments for sale in downtown Blue Island, IL. The property consists of six 1 bed / 1 baths, two 2 bed / 1 bath, and three 3 bed / 1 bath units. Recent improvements include a new roof, boiler, hot water tank, windows, tuckpointing and porches. This property represents an opportunity to purchase a turn key asset, in a good location, with rental upside for continued cash flow.
Courtesy: Realty of America, LLC
708-788-1900
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.
Courtesy: Grandview Realty LLC
630-423-7989
These 3 storefronts includes: 8 suites, a reception area, 2 bathrooms, and an open floor layout. Previously this was a barbershop and two beauty salons.
Courtesy: SK Properties Group, LLC
773-493-7000
THE PRICE HAS BEEN REDUCED ON THIS RENOVATED INDUSTRIAL BUILDING! DETAILS ABOUT THE PROPERTY ARE BELOW. OWNER IS OPEN TO A SALE-LEASEBACK!
Courtesy: eXp Realty
888-574-9405
Your next Turnkey 6-Unit Multifamily inestment in Blue Island! This solid, all-brick 6-unit building is an exceptional investment opportunity located in a highly sought-after area of Blue Island. The property features five spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Five of the six units are currently occupied, offering immediate income, with one vacant unit ready to lease at market rent. Recent improvements include three remodeled units since 2024 and an updated boiler system installed in 2020, ensuring reliable heating. Tenants are responsible for their own cooking gas and electric, helping to keep owner expenses low. Long-term tenants are already in place, and current rents are below market, making this a strong value-add opportunity for future rent growth. Additional features include a coin-operated laundry area for extra income, assigned off-street parking, and a well-maintained common entry. Conveniently located near Metra, Pace bus lines, I-57, schools, and shopping, this commuter-friendly property is in a high-demand rental corridor. Expenese sheet and rent roll availble upon request. Schedule your private tour today.
Courtesy: RE/MAX 10
708-429-4300
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.
Courtesy: RE/MAX 10
708-429-4300
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.
Courtesy: Realty One Group Heartland
708-678-1000
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!
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.
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.
