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Two-Story Mixed-Use Building

13341 Olde Western Avenue Blue Island, IL 60406

Claim this Listing
For Sale
$375,000

COMMERCIAL - Blue Island, IL

Lot size:
0.15 Acres
Added:
Oct 6, 2025
Days on Market:
278
Last Refresh:
Jul 10 at 12:06 am

Property Features for 13341 Olde Western Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Fireplace
1
Standard status
Active
APN
24364330030000
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
7786

Utilities

Utilities
Natural Gas Available
Cooling system
Window Unit(s)

Building Details

Year built
1898
Floors in Building
2
Number of units
2
Flooring type
Marble, Wood, Carpet
Building materials
Brick
Roof type
Membrane

Listing agent Valentina Hatzelis License #471004666

Listing office RE/MAX 10 9909 Southwest Hwy., Oak Lawn, IL

Listing date Oct 6, 2025

MLS# 12490564

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 two-story mixed-use building includes retail/office space on the first floor and a residential unit on the second floor. The first floor is currently leased with a hair salon and spa. The second floor features an updated 2-bedroom apartment with a private deck and is currently rented. The property also includes a full basement and a 2-car garage with rear entry, along with a fully fenced yard and an extra adjacent lot.

Located at 13341 Olde Western Avenue in Blue Island, Illinois, the property offers straightforward access through the rear-entry garage. The combination of on-site retail and residential space can support a variety of owner-operator or investor use cases, depending on how the building is maintained and leased.

For tenants and buyers, the layout provides separate income streams from the currently leased first-floor salon and spa space and the rented apartment above, while also offering practical amenities like basement space, enclosed parking via the garage, and outdoor area within the fenced yard. The additional adjacent lot may also support future planning for the property depending on buyer needs.

Key Highlights

  • Historic Blue Island property built in 1898 with brick construction and a 2‑story layout
  • First floor is currently leased as a hair salon and spa
  • Second floor features an updated 2‑bedroom apartment with a private deck; currently rented

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tech Support Center Computer & Electronic Repair Butcher Pet Grooming Service Grocery & Convenience Store

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

FAQs

What type of property is this?
Mixed-use property - Leased first-floor retail with a rented 2-bedroom apartment above, plus basement, garage, and a fully fenced yard.
Where is this mixed-use property located?
The property is located at 13341 Olde Western Avenue Blue Island, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Historic Blue Island property built in 1898 with brick construction and a 2‑story layout; First floor is currently leased as a hair salon and spa; Second floor features an updated 2‑bedroom apartment with a private deck; currently rented
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