Blue Island IL Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- 12158091
View additional info
Courtesy: Hometown Real Estate
773-625-1121
ADDITIONAL INFORMATION
2333 Walnut is a 5-unit building that is superbly located, right off of Western Ave near the heart of Blue Island. The property consists of two buildings. The front building is wood-frame and has a 3Bed/1Bath duplex up (rented), a second floor rear apartment with one bedroom and one bathroom (vacant), as well as basement laundry. The rear building consists of three spacious, 5 room 1Bedroom/1Bathroom apartments that are currently all rented, however one of the tenants is in eviction court and should be out in 8 weeks or less. There is also a gigantic garage in the rear building that fits at least two cars, plus workshop space. There is a large driveway that fits 5+ cars for parking as well. Highest and best use is likely for a live-in owner to live in the front house and rent out the rear units, while either renting out the garage or using it as a workshop/studio. Rents all way under market except for the front house, and they are vacating by the end of the year. Lot size is estimated, legality of all units is not guaranteed.
- Type:
- Garage/Parking Space
- Sq.Ft.:
- 4,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 12156771
View additional info
Courtesy: Atlas Asset Management Realty LLC
312-617-8095
ADDITIONAL INFORMATION
Move your business here. This industrial/warehouse property was fully redeveloped in 2023. Located in Blue Island, IL, the building contains +/-3,500 SF of warehouse and +/-500 SF of office/other. Great opportunity for an owner-user to take occupancy and hit the ground running in a brand new building. This building is currently zoned C-1. This allows for a Commercial Garage and Warehouse Building. This one story building features 16' Ceilings, Two Overhead Doors 12' high. Property Granted 6b Real Estate Tax Break in February-2023, which will dramatically reduce taxes for the next 9 years. Photos in listing start with current photos, followed by a detailed look at the full rehab process.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 12151396
View additional info
Courtesy: Urbanitas, Inc.
773-345-9110
ADDITIONAL INFORMATION
Remarkable 6 unit up for sale. Long term tenants with good generating cash flow . Brick building with coin laundry. 5 units are 2 bedrooms 1 bath and 1 unit is 1 bedroom and 1 bath.
- Type:
- General Commercial
- Sq.Ft.:
- 6,145
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 12151938
View additional info
Courtesy: Citypoint Illinois LLC
847-744-5003
ADDITIONAL INFORMATION
Discover a prime investment opportunity at 12926 Page Court, Blue Island, IL, a well-maintained 6-unit multifamily property located on a quiet cul-de-sac. This property features a strong rental history, with five amazing tenants and rents currently well below market value, presenting significant income growth potential. Two units have been brought to market rent, leaving room for tremendous upside in the other units. The building is in excellent condition with regular updates, ample tenant parking and coin laundry in the building. Situated in a desirable location close to amenities, parks, schools, and public transportation, with easy access to major highways, this property ensures low vacancy risk and high demand. Don't miss this exceptional investment opportunity to acquire a stable, income-producing asset with substantial room for growth.
- Type:
- Other
- Sq.Ft.:
- 4,862
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 12149983
View additional info
Courtesy: Grandview Realty LLC
630-423-7989
ADDITIONAL INFORMATION
Don't miss this opportunity! Previously a barbershop and two beauty salons. 3 storefronts, 8 suites, 2 bathrooms, reception area, and an open layout.
- Type:
- Mixed Use
- Sq.Ft.:
- 3,850
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1888
- Baths:
- MLS#:
- 12143036
View additional info
Courtesy: Atlas Asset Management Realty LLC
312-617-8095
ADDITIONAL INFORMATION
Beautifully rehabbed, 2-story, mixed use (commercial/residential) building in the heart of downtown Blue Island. This trophy asset stands out from the rest. Purchased in 2019 by the current owner, the building was completely gut-rehabbed in 2021, including all-new electrical, plumbing, new HVAC, custom flooring and tile work throughout the building. ADA bathroom on retail level. Comprehensive exterior tuckpointing was performed and the entire south exterior was rebuilt with new brick in 2023. Only the 2nd floor HVAC remains from what was acquired in 2019. Each of the three units have hot water tanks that were installed in 2019. Property also includes a full, unfinished basement and an unfinished attic. The building is configured as follows: 1st floor has a fully built-out retail unit, totaling approximately 1,600 SF. 2nd floor is comprised of two residential apartment units (one 3-bed and one studio). Apartment units feature all-white kitchens, including granite countertops, along with a full appliance package of stove/range, refrigerator, microwave and dishwasher. Studio unit bath features a stand-up, glass/tile shower. 3bedroom unit bath features a traditional tub/shower combo. Both residential units are currently occupied. The retail unit is currently occupied by a boutique apparel shop. The retail unit will be delivered vacant at closing. The building is situated on a double lot, totally 6,250 SF, which includes a 3,125-SF side lot/yard, which is 40% paved with concrete and 60% grass lawn. There are also parking for six vehicles in the property's rear. Located one mile from I-57 and two miles from I-294
- Type:
- General Commercial
- Sq.Ft.:
- 5,030
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1964
- Baths:
- MLS#:
- 12143996
View additional info
Courtesy: Berkshire Hathaway HomeServices Chicago
708-422-0011
ADDITIONAL INFORMATION
A FIVE-UNIT TOWN-HOUSE APARTMENT BUILDING. Each unit with 2 bedrooms, one and one-half baths, eat-in kitchen and full basement that can be used as a rec room. Hardwood floors. All units identical except for fireplace in Unit E. Building is being sold as a five-unit building but it has been converted to condos, each with its own PIN, so various investment possibilities exist.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 12142255
View additional info
Courtesy: eXp Realty LLC
888-574-9405
ADDITIONAL INFORMATION
Centrally located in Blue Island, this well-maintained 6-unit building is a prime investment opportunity. The property features five 1-bedroom units and one 2-bedroom unit, all serviced by a meticulously maintained Weil McLain boiler, inspected and approved by the Office of the State Fire Marshal in January 2024. The building includes a laundry/furnace room equipped with a commercial-grade coin-operated stainless-steel washer and dryer, and secure access through a Schlage Sense smart electronic programmable deadbolt. The exterior showcases mostly facing brick, power washed and tuckpointed in 2023, with aluminum-wrapped eaves, gutter guards installed in 2020, and twelve Larson self-storing aluminum storm doors added in 2023. Units four and five were renovated in 2018, while unit six underwent a complete renovation in 2023. With a roof replaced within the last ten years and a high-capacity hot water heater installed in 2020, this property is both move-in ready and poised for long-term success.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.77 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 12131253
View additional info
Courtesy: Arrow Enterprises INC
708-687-8100
ADDITIONAL INFORMATION
***************ATTENTION INVESTORS******************** Fully rented this 6 unit completely rehabbed building consist of 5-1 bedrooms and 1 two bedroom. Has newer flooring, moldings, door halls, Lower level, Wrought iron stairs to second floor, new windows, freshly painted. Newer cabinets Lower level is finished as well with an alternative kitchen. All City approvals and inspections are up to date. Each unit has its own furnace and hot water heater which tenant pays. Lower level has electric hot water, electric heat and 2 units remodeled for possible in home business. Roof, tuckpointing and parking lot resurfacing has been done corrected as well. 24 Hours notice to inspect
- Type:
- Mixed Use
- Sq.Ft.:
- 4,948
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1969
- Baths:
- MLS#:
- 12032100
View additional info
Courtesy: eXp Realty LLC
888-574-9405
ADDITIONAL INFORMATION
**SOLD AS-IS**Absolutely Amazing Mixed Use Building on Busy Western Ave in Blue Island!~Over 4948 Square Feet!~ Two Apartment Units on The Second Floor Each w/2 Bedrooms and 1 Full Bath & Two Commercial Spaces on The First/Main Floor Each With Their Own Half Bathroom!~High Traffic Near Dining, Restaurants, Businesses & Up the Street from I57 & the Metra!~Perfect Location! Call Today!~This is One You Don't Want to Miss!**Click on Video and Virtual Tour To Explore!**
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 12121323
View additional info
Courtesy: eXp Realty, LLC
888-574-9405
ADDITIONAL INFORMATION
Discover a lucrative investment (9.73% Cap Rate) with this fully occupied 6-unit building, perfect for investors looking for reliable cash flow and potential for long-term appreciation. The property includes five (5) two-bedroom/one-bathroom units and one (1) one-bedroom/one-bathroom unit. Currently, it generates $6,380 in monthly rental income. 3 units in the building are currently priced below market rates, highlighting substantial future rent increase potential as tenants change. Recent renovations have significantly enhanced the property, including unit upgrades, freshly painted common areas, upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value.This investment allows you to start earning immediately. Furthermore, this property is available for purchase along with 12930 Page Court in Blue Island, presenting an even greater investment opportunity.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1969
- Baths:
- MLS#:
- 12121318
View additional info
Courtesy: eXp Realty, LLC
888-574-9405
ADDITIONAL INFORMATION
Exceptional Investment Opportunity - 6-Unit Building with Strong Cash Flow and 9.2% Cap Rate! This fully rented 6-unit building presents a unique opportunity for investors seeking steady cash flow and long-term growth potential. It is comprised of five (5) two bed/one bath units and one (1) one bed/one bath unit. Key features include: Currently generating $6,380 per month in rental income; despite half the units priced below market rent. This indicates a significant upside potential for future rent as tenant's turnover. The building has undergone substantial improvements, including recent upgrades to all common areas, units, upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value. As an investor, you can immediately enjoy the cash flow without the hassle of initial repairs or tenant placement. This property can be purchased as a package deal along with 12438 Fairview Ave. in Blue Island!
$1,069,000
12906 Page Court Blue Island, IL 60406
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 12114872
View additional info
Courtesy: RE/MAX 10
708-429-4300
ADDITIONAL INFORMATION
This outstanding 12 unit multifamily consists of 11-2-Br, 1 Bath Units and 1 studio unit. Several units are updated. There is a newer double heat boiler. The building is a good money maker with potential to raise rents to market for higher income. There are two-owner owned washers & two owner owned dryers. The building has 11 parking spaces. Prior to closing the seller will be installing a new roof and a new hot water boiler. A great addition to your portfolio ! 48 hour notice for showings.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1967
- Baths:
- MLS#:
- 12110887
View additional info
Courtesy: Penn Real Estate
773-238-1500
ADDITIONAL INFORMATION
This 6 unit building located in Blue Island has undergone significant renovations. Four of the units have new kitchens, bathrooms, floors, appliances, and other features. The others have plenty of room for growth.
- Type:
- General Commercial
- Sq.Ft.:
- 4,963
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1964
- Baths:
- MLS#:
- 12074568
View additional info
Courtesy: Realty One Group Excel
630-239-7400
ADDITIONAL INFORMATION
Fully occupied Six-unit on a 5,445 square foot lot with 11 bedrooms and 6 bathrooms. Being sold as-is. Below market rents and value add. Current rental income is appox. $5075/mo. Five 2bds/1ba and One 1bd/1ba. Individual Furnace Units as well. Close to Crestwood Plaza Shopping Center. Walking distance to Pace bus line and 10-15-minute drive to both I-294 and I-57. SOLD BEFORE PROCESSING.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 12074498
View additional info
Courtesy: Realty One Group Excel
630-239-7400
ADDITIONAL INFORMATION
Fully occupied Six-unit on a 5,445 square foot lot with 11 bedrooms and 6 bathrooms. Being sold as-is. Below market rents and value add. Current rental income is appox. $5232/mo. Five 2bds/1ba and One 1bd/1ba. Close to Crestwood Plaza Shopping Center. Walking distance to Pace bus line and 10-15-minute drive to both I-294 and I-57. SOLD BEFORE PROCESSING.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 12083094
View additional info
Courtesy: Keller Williams Infinity
630-778-5800
ADDITIONAL INFORMATION
Great Investment Opportunity! 5-unit one story building located in a quiet residential area. Each unit is 1 bedroom, 1 bath and the property is 100% rented, in good condition and has a great upside potential. Rents are currently below market and can increase to market rent to substantially raise income and cash flow. Option 2; live here and rent out the other four units to cover your expenses! Located near shopping and transportation.
$2,375,000
2001 119th Place Blue Island, IL 60406
- Type:
- Other
- Sq.Ft.:
- 12,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3 Acres
- Year built:
- 1999
- Baths:
- MLS#:
- 12076327
View additional info
Courtesy: @properties Commercial
312-506-0200
ADDITIONAL INFORMATION
12,000sqft Leased Industrial Flex warehouse on 3 acres of land.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 12046054
View additional info
Courtesy: X-cito Realty
708-425-8721
ADDITIONAL INFORMATION
**CALLING ALL INVESTORS** Welcome to this great income generating, 11-unit building with (2)2bed and (9)1 bed units in the desirable City of Blue Island. Rents have potential for increase as they are under market rates. Many of the apartments have been updated. Option for laundry hookup for additional income. Great value-add opportunity. Conveniently located a few blocks East of Western Ave.
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 12032026
View additional info
Courtesy: eXp Realty LLC
888-574-9405
ADDITIONAL INFORMATION
**An amazing opportunity & truly unique offering that combines business space with rental apartments, promising an array of income streams and investment potential! Spanning over 7,000 square feet up and down, this property boasts a meticulously designed layout that caters to both commercial and residential needs. Ample room for business operations, inventory storage, or creative use. Over 3,000 SF of Separate office/storage space on first floor plus half bathroom & full bath with roughed in shower and toilet~Over 3,000 SF 2nd floor unfinished attic perfect for additional storage or customizable space tailored to your specific requirements. 1st floor 1 bedroom apt with kitchen & living room~2nd floor 3 bedroom apt with 2 bathrooms plus kitchen w/island & oak cabinets, dining area, living room & versatile rec room AND in unit laundry~1 car garage and room for extra parking~Whether you're seeking a dynamic business headquarters in a great location, a lucrative rental property, or a combination of both, this offering delivers unmatched potential and value. This is a must see!**
© 2024 Midwest Real Estate Data LLC. All rights reserved. Listings courtesy of MRED MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of {{last updated}}.. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Blue Island Real Estate
The median home value in Blue Island, IL is $210,000. This is lower than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Blue Island, IL is $210,000. Approximately 44.58% of Blue Island homes are owned, compared to 41.49% rented, while 13.93% are vacant. Blue Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Blue Island real estate agent to arrange a tour today!
Blue Island, Illinois has a population of 22,446. Blue Island is less family-centric than the surrounding county with 23.13% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Blue Island, Illinois is $41,340. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Blue Island is 36.5 years.
Blue Island Weather
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 39.1 inches per year, with 37.1 inches of snow per year.