Ground-Floor Retail
For Lease
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12151 S Western Avenue SE, Blue Island, IL 60406
Commercial Lease, Blue Island, IL
Space Size4,485 SF
Lot Size0.13 Acres
Days on Market440
Property Features for 12151 S Western Avenue SE
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Directions
Western Avenue North or South to 121st street
Subdivision
Blue Island
Standard status
Active
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
66000
Utilities
Cooling system
Central Air
Amenities
building signage
street parking
Building Details
Year built
1972
Floors in Building
3
Number of units
1
Flooring type
Tile
Building materials
Brick
Listing Agency:
Keller Williams ONEChicago · Keller Williams Realty
(312) 216-2422
Listed By:
Anthony Hardy · License #475139834
(773) 575-6082
Added: Jun 23, 2025
Changed: Aug 19
Last Checked: Sep 5 at 10:06AM
MLS# 12401305
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,485 SF ground-floor retail space occupies part of a well-kept mixed-use building constructed in 1972. Brick construction, tile flooring, and central air provide a practical base for a range of commercial operations. The space is zoned COMMR and is positioned for retail, service, fitness or instructional, daycare, medical or dental, and professional-office uses.
Western Avenue frontage provides direct street exposure, supplemented by building signage and ample street parking. The lease is structured on a Modified Gross basis: the tenant pays its own in-unit electric and gas, along with a fixed 38% proportionate share of building insurance, water and sewer, and real estate tax increases over the base year. A flexible term is available, and the space is available now.
Western Avenue frontage provides direct street exposure, supplemented by building signage and ample street parking. The lease is structured on a Modified Gross basis: the tenant pays its own in-unit electric and gas, along with a fixed 38% proportionate share of building insurance, water and sewer, and real estate tax increases over the base year. A flexible term is available, and the space is available now.
Key Highlights
- 4,485 SF of ground‑floor retail and commercial space
- Western Avenue frontage with building signage
- Modified Gross lease structure with a fixed 38% proportionate share
Property Analytics
Property Profile
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Explore this area
Business Placement
Demographics for 60406, IL
24,011
Population
9,925
Households
2.4
Avg Household Size
36
Median Age
18%
College-Educated
82%
High-School Grad
5.4 sq mi
ZIP Area
4,446
Density / Sq Mi
$59,502
Median Household Income
$34,379
Median Earnings
$1,081
Median Rent
$166,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Modified Gross lease with Western Avenue frontage, building signage, and flexible term options.
Where is this retail space located?
The property is located at 12151 S Western Avenue SE Blue Island, IL.
What are key features of this property?
This property features: 4,485 SF of ground‑floor retail and commercial space; Western Avenue frontage with building signage; Modified Gross lease structure with a fixed 38% proportionate share
