13315 Olde Western Ave Blue Island, IL 60406

Located in the Olde Western Historic District of Blue Island, this mixed-use property offers a live-and-earn opportunity. The property features a first-floor office space and a large four-bedroom, one-bathroom upper unit. The first-floor office includes a reception area, a large conference room, three private offices, a galley kitchen, and an ADA-compliant bathroom. The office is currently occupied by a long-term tenant with a lease through July 31, 2026, paying $1,500 per month plus utilities. The second floor residential unit has four bedrooms, in-unit laundry, and front and rear entries. Recent updates include new windows on the front and sides (scheduled for 2025), a new first-floor HVAC system, and a second-floor air conditioning unit (both 5 years old), a hot water heater that is 5 years old, and a recently inspected and repaired roof. The office has a hard-wired security system with cameras. Ample parking is available for six or more cars, along with free street parking. A partial basement provides additional storage space. The property is located steps from unique architecture, local dining, and a recently completed streetscape revitalization. The building sits on a lot of 0.1 acres. Both units are functional but could benefit from cosmetic updates. The property is being sold AS-IS.