The median home value in Blue Island, IL is $232,265.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Blue Island, IL is $232,265.
Approximately 47% of Blue Island homes are owned,
compared to 43% rented, while
10% are vacant.
Blue Island real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Blue Island real estate agent to arrange a tour today!
Learn more about Blue Island.
Incredible investment opportunity for savvy investors! This building is total of 5 UNITS, four units are 1/1 and one is 2/1 with living spaces ranging from 700 to 800 square feet. Many recent updates done by current owner. Schedule a showing today!
**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!**
FOR SALE: established & operating business + property! Tire & Auto accessory store in great location- right on busy Western Ave in suburban Blue Island! Great exposure- heavy daytime traffic count. Annual Sales average $950,000/ year. Annual RE Tax is $33,048 (for 2022). NET income is $250,000/ year Asking Price for business & Property: $875,000 + Inventory Also available for sale- business only: $250,000+ Inventory
**Great Opportunity to Own a Building on Busy Western Ave in Blue Island!~Mixed Use Building with Endless Possibilities~Bring Your Rehab Ideas so you can Operate Your Business on the First Floor & Live on the Second Floor or Use as Your Next Investment~Great Location & Sold As-Is~This is One You Don't Want to Miss**
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 Incentive 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.
Here is a great buy for Investment. A current business is a car detail shop and a separate apartment above the Business. Big unit that could rent for at least $1800 if not more. Big area for parking cars. Great for a car dealership. This is a Short sale. So time will be needed. We have an Attny that started the paperwork with Lender. Roof is only 3 years old. Apartment pays for their own Gas and Electric. Owner occupies Business. Apartment Vacant. Expenses are for the Business only Photos to come
2423 123rd St, a multi-family real estate gem comprising nine (9) spacious units located in the Blue Island suburb of Chicago. Nestled in a strategic location, the property offers easy access to essential amenities and transportation, enhancing its appeal to potential tenants. 2423 123rd St has a desirable unit mix comprised of three (3) 3 bed/1.5 bath units and six (6) 2 bed/1.5 bath units. Additional highlights include a newer boiler and HVAC units, along with the roof being recently silver lined. Investors can gain additional income from the four (4) covered parking spaces located in the rear of the building. Positioned for substantial income potential, the current under-market rents present an immediate avenue for increasing cash flow. Furthermore, solely through improved leasing and management and bringing the rents to increased levels, a new owner will enjoy steady returns on this opportunist investment
Great spot just off the main road. Four individual units with private offices and overhead doors.Fully leased under market rate property. Property is well maintained and managed . Easy access and a great price . Lots of upside potential. Warehouse for automotive repair, Bodyshop, distribution warehouse, small manufacturing or more.
Completely Rehabbed Mixed use property for sale , New Roof, New Tuck Pointing , New Floors , Walls ,Paint , Plumbing & Electric . Plenty of Parking ,Extra Parking Lot East of the Building . Great Investment property .
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