Blue Island IL Real Estate & Commercial for Sale

17 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
2,690
Status:
NEW LISTING
MLS#:
12745288
Type:
Mixed Use
Lot size:
0.28 Acres
Year built:
1857
A broker reciprocity listing Courtesy: Hanley Realty, Inc. 708-277-3179
View additional info

ADDITIONAL INFORMATION

Iconic, historic, mixed-use building on remarkable Olde Western Ave in the heart of Downtown Blue Island! This building which includes one, turn-key restaurant space, one, needs-to-be-finished, upstairs apartment, a huge parking lot, and a detached garage is ALL for sale and ready for it's next great run! Formerly Marios Tacos and Bada-Bing Wings, this place has been a neighborhood icon for nearly 60 years! Who is ready to join the other amazing businesses that call the City of Blue Island home!? High-Traffic Location, Fully-equipped Restaurant on the main level! Seize this rare opportunity to own a beautifully renovated, fully equipped restaurant in a thriving, walkable neighborhood. This 2,690 SF mixed-use building sits on a generous 12,500 SF lot and includes:Expansive outdoor and enclosed patios Fully furnished dining room and bar (seats 50 indoor tables + 30 outdoor) Brand new FF&E, including a walk-in refrigerator, Finished basement for storage, Unfinished upstairs apartment ideal for conversion long-term, or event venue, Two restrooms Covered garage and ample parking. Located across from Rock Island Public House, Burrito Jalisco and steps from La Vieja Castilla, Jerry's BBQ, and Sid's Pizza and soon-to-be Steak House not to mention Marz Brewing! The area is buzzing with foot traffic from local bars, breweries, and the Lyric Theater-making it a prime location for Italian, venue, Middle Eastern, or other standout concepts. Highlights: SBA Financing Available for qualified buyers Over $100,000 in Inventory Included! Whether you're an established restaurateur or a passionate newcomer, this is your chance to capitalize on a high-visibility, fully equipped restaurant property in one of the area's most vibrant dining destinations!

Beds:
n/a
Baths:
Sq.Ft.:
3,300
Status:
NEW LISTING
MLS#:
12745663
Type:
Retail
Lot size:
0.1 Acres
Year built:
1932
A broker reciprocity listing Courtesy: Realty of America 708-788-1900
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.:
3,300
Status:
Active
MLS#:
12725276
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#:
12713090
Type:
General Commercial
Year built:
1968
A broker reciprocity listing Courtesy: Juniper Real Estate LLC 813-352-5941
View additional info

ADDITIONAL INFORMATION

Kiser Group is pleased to exclusively offer for purchase 12510 Vincennes Rd, a six-unit building in Blue Island with a highly desirable unit mix: one 3 bed / 2 bath, four 2 bed / 2 bath, and one 1 bed / 1 bath. Most units have been recently renovated with new kitchens and baths featuring stone countertops, new cabinets, and LVP flooring. Units are extremely spacious with functional layouts, and private balconies set the property apart in the submarket. The building also offers on-site parking and laundry.

Beds:
n/a
Baths:
Sq.Ft.:
6,227
Status:
Active
MLS#:
12690905
Type:
General Commercial
Lot size:
0.17 Acres
Year built:
1972
A broker reciprocity listing Courtesy: United Real Estate - Chicago 630-748-4660
View additional info

ADDITIONAL INFORMATION

Nestled in quiet neighborhood section of Blue Island. This 6-unit building features four 2 Bedroom apartments and two 1-bedroom apartments. Building is very well maintained and cared for. Secure front entry leads to common hallway to each apartment which each tenant would grant access to visitor. Each unit has their own electric panel with circuit breakers and thermostat as well as kitchen appliances (stove & refrigerator) and air conditioners. There is a common laundry room on the ground floor with coin operated washer & dryer. Laundry room was updated in 2024 with new floors. There are also 6 separate storage lockers for each tenant. Building has hot water heat. The hot water heater was installed in 2021. The roof is new as it was installed in 2023. Four apartments have some updated features such as newer vanities, countertop and other improvements. There is parking in the rear of building for 6 cars as well as a side drive that can accommodate additional parking if needed. A large storage shed is in back for storage of maintenance equipment or common storage and a small makeshift patio for tenants to enjoy outdoor space or can also be converted to additional parking. This is a great investment opportunity to purchase a fully rented apartment building with long term tenants in a well taken care of structurally sound building. Whether you are a new or seasoned investor, this can be a perfect fit to your real estate portfolio.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12690512
Type:
General Commercial
Lot size:
0.77 Acres
Year built:
1925
A broker reciprocity listing Courtesy: RE/MAX 10 708-429-4300
View additional info

ADDITIONAL INFORMATION

The subject property consists of Five-1-BR, 1-bath Units and One 2-Bedroom , 1-Bath unit. Each unit has its own furnace and hot water heater, paid by the tenant. The building features a finished basement and a private parking lot. New windows and new cabinets. Tenants pay heat, electric and hot water. A great addition to your investment portfolio or a first time investor !

Beds:
n/a
Baths:
Sq.Ft.:
22,000
Status:
Active
MLS#:
12648338
Type:
General Commercial
Lot size:
1.07 Acres
Year built:
1980
A broker reciprocity listing Courtesy: Coldwell Banker Realty 312-981-5500
View additional info

ADDITIONAL INFORMATION

IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING, EASY MONEY ARM-CHAIR INVESTMENT BUILDING! FULLY LEASED, 3-UNIT COMMERCIAL RETAIL STRIP CENTER IN THE HIGH-TRAFFIC, VIBRANT CHICAGO NEIGHBORHOOD OF MERRIONETTE PARK! THE PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG COMMERCIAL DEMAND. ON-SITE PARKING. ALL UNITS HAVE RECENTLY BEEN UPGRADED. THE INSURANCE OFFICE HAS ITS OWN A/C SYSTEM. ALL ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024/2025. MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON AREA INTERIOR PLUMBING, AND BOILER, AND THE HOT WATER HEATER. ALL HOT WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EACH UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS INCOME PRODUCER IN ONE OF CHICAGO'S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.

Beds:
n/a
Baths:
Sq.Ft.:
3,000
Status:
Active
MLS#:
12593889
Type:
General Commercial
Lot size:
0.14 Acres
Year built:
1926
A broker reciprocity listing Courtesy: Keller Williams Preferred Realty 708-798-1111
View additional info

ADDITIONAL INFORMATION

Bring your business ideas!! Huge 3000 Square foot space, has stamped concrete patio space in the front, parking spaces in the back, open concept and sky light windows on the open ceiling. Also has restaurant equipment included in the sale. Property being sold As-Is and will need updates to get it up and running. Definitely an opportunity to get immediate value..

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12619893
Type:
General Commercial
Year built:
1978
A broker reciprocity listing Courtesy: Village Realty, Inc. 708-478-1212
View additional info

ADDITIONAL INFORMATION

Multifamily Investment in Blue Island! Solid all-brick 6-unit building. Fully occupied with long term tenants. Five 2 bedroom 1 bath & One 1 bedroom one bath apartments. Tenents utilities include electric and cooking gas. Off street parking & common laundry area for additional income. Below market rents provide strong value-add opportunity for future rent growth.

Beds:
n/a
Baths:
Sq.Ft.:
3,300
Status:
Active
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.:
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.

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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

    $240,000
    13.7%
    change since last quarter
  • # Active listings

    84
    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