13315 Olde Western Avenue Blue Island, IL $ 199,000
13315 Olde Western Avenue
$ 199,000
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13315 Olde Western Avenue

Blue Island, IL, 60406
$ 199,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,225

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Commercial Property for sale in Blue Island, IL

for $199,000. This building was built in 1900 on a lot size of 0.1.

INVESTOR SPECIAL! HUGE PRICE REDUCTION! Seller is highly motivated. Prime mixed-use opportunity in Blue Island's Olde Western Historic District. 1st-floor commercial unit generates $1,500/mo (tenant thru 7/31/26 wants to stay). 2nd-floor 4-bedroom tenants are willing to negotiate a short-term, month-to-month lease to generate instant cash flow during repairs! Upgrades include newer windows, HVAC, and a repaired roof. Sold strictly AS-IS. Buyer assumes the City of Blue Island Intent to Sell inspection report and all code compliance.The city report is attached for review. Facade changes require historical preservation review, but Business Development Grants are available! Cash or Hard Money preferred. See agent remarks for details.

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Commercial Contingent

Price

$ 199,000

Property Type

Commercial

Taxes

$ 61,018

Style

Lot Size

0.1

Year Built

1900

Town/City

Blue Island

County/Region

Cook

MLS | Web ID

12641610

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available
Possession Closing
Construction Materials Vinyl Siding Frame
Year Built 1900
Electric Circuit Breakers
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 2700
County Cook
Insurance Expense 727
Property Type Commercial Sale Mixed Use
Contingency Attorney/Inspection
Status Contingent
Directions From Broadway north to Olde Western. Building is on east side of street
City Blue Island
Number Of Units Total 2
MLS Area Blue Island
Lot Size Square Feet 4356
Tax Annual Amount 61018
Electric Expense 0
Fuel Expense 261
Trash Expense 85
Water Sewer Expense 161
Additional Parcels Y/N N
Standard Status Active Under Contract
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Exterior
Water Source Community Water
Lot Dimensions 4356
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* Excluded Features
List By
Redfin Corporation

Broker

richardcdykstrajr@gmail.com; richard.dykstrajr@redfin.com

Email

Affordability Calculator

$6,310
Per Month
19%
81%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$5,085
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$199,000 Listed Price

Map


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13315 Olde Western Avenue, Blue Island, IL, 60406 is a Commercial Property for sale at $199,000 with a lot size of 0.1. 13315 Olde Western Avenue was built in 1900. The property's zip code is 60406 which is in Blue Island, IL