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    2418 Vermont St Blue Island, IL 60406

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Blue Island, IL

    Type:Retail
    Lot size:
    0.28 Acres
    Days on Market:
    78
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2418 Vermont St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    Lot size
    0.28 Acres

    Utilities

    Utilities
    Water Available
    Cooling system
    Zoned, Central Air

    Building Details

    Year built
    1942
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Brick

    RE/MAX 1st Service (708) 675-1600 [email protected]

    Listing agent Daniel Vainisi (708) 717-9565

    Listing date Oct 20, 2025

    Copyright © 2025 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.

    Overview

    Commercial Space in Blue Island

    This commercial building in Blue Island, Illinois, is available for lease and has undergone recent inspections and repairs. The property features multiple parking spaces around the building, with municipal parking available across the street. A Metra station is located a few blocks away, and a bus stop is directly in front of the building. The City of Blue Island is seeking new tenants with viable business models, particularly a grocery store, as there are only two currently in the town. Recent updates to the property include a new foam roof with a 10-year warranty, two new HVAC units, new plate glass windows, fresh paint throughout the building, removal of old electronics, new LED light fixtures, and a new fire alarm system. One of the bathrooms is ADA-compliant for handicap accessibility. The building has been tuckpointed, and new drains have been installed in the floor. The rental price is $12.50 per foot, with the tenant responsible for all utilities and the owner responsible for property taxes. The property has passed its final inspection and is ready for occupancy. The lot size is 0.28 acres.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Blue Island
    County
    Cook
    State
    Illinois
    Longitude
    -87.6812028
    Latitude
    41.6555842

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    FAQs

    What type of property is this?
    Grocery and convenience store - Ready-to-lease commercial building with recent updates and ample parking.
    Where is this grocery and convenience store located?
    The property is located at 2418 Vermont St Blue Island, IL.
    What are key features of this property?
    This property features: - Ready for immediate tenant occupancy; all inspections and repairs completed.; - **New Foam Roof with 10-year warranty, 2 New HVAC units, New Plate Glass Windows, New LED light fixtures, and New Fire Alarm System.**; - Multiple parking spaces available around the building, including municipal parking across the street.
    (708) 717-9565
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2418 Vermont St Blue Island, IL 60406
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