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Three-Story Mixed-Use Redevelopment Building
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1870 S Blue Island Ave, Chicago, IL 60608

Historic masonry building with flexible room-by-room layout and C1-2 zoning, suited for residential or mixed-use conversion.

Property Size12,300 SF
Price / SF$113.82
Days on Market57

Property Features for 1870 S Blue Island Ave

General Information

Standard status Active
Size 12,300 SF
Class B
Property subtype Retail, Multifamily, Mixed Use
Zoning C1-2 (Neighborhood Commercial)
Investment Type Redevelopment

Building Details

Year Built 1899
Stories 3
Listing Agency: CBRE - Chicago
Listed By: Dominic Soltero · License #IL 475.153308
Source: Crexi
Added: Jun 17 Changed: Aug 11 Last Checked: Aug 8 at 1:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Chicago

Investment Insights

Based on property information with market context.

The property is a three-story, approximately 12,300-square-foot masonry building constructed in 1899 and originally developed as a physician’s clinic. The ground floor included a reception area and patient waiting room, while the second floor was subdivided into individual examination rooms, each with its own sink. The third floor currently functions as an extra-large owner’s residence, demonstrating the building’s adaptability across uses. The building has been modernized with updated building systems, preserving the authenticity of its masonry character while improving readiness for conversion.

Located in Chicago’s Pilsen neighborhood, the property is delivered vacant and free of long-term encumbrances, providing a clean starting point for redevelopment. The C1-2 (Neighborhood Commercial) zoning designation offers flexibility for a mixed-use program, including ground-floor retail or commercial uses alongside upper-floor residential. The building’s configuration and generous floor plates support a conversion that can be tailored to the buyer’s program and local requirements.

For developers and investors, the asset’s durable masonry construction and flexible layout make it well suited to repositioning into market-rate residential units, with an option to incorporate street-level commercial use in alignment with C1-2. The development program remains at the buyer’s discretion, supported by zoning flexibility that can help optimize the overall mixed-use concept.

Key Highlights

  • 1899 three‑story masonry building totaling 12,300 SF in Chicago’s Pilsen neighborhood
  • Third floor currently configured as an extra‑large 2,300 SF owner’s residence
  • Second floor originally subdivided into individual examination rooms, each with its own sink

Property Analytics

Current Use

Murrietta Archie DC Alternative Medicine Practice Genetic Cosmetics LLC Spa & Massage Center M'Bodied Spa & Massage Center Musca Apparel Clothing Store Art Camp Chicago Arts Organization

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store Bed & Breakfast Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby
265k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 65% Dining 22% Shops & Services 12% Electronics 1%
Costco Wholesale Superstores
170,820 visits/mo 0.5 miles
McDonald's Dining
37,693 visits/mo 0.1 miles
BP Shops & Services
23,707 visits/mo 0.4 miles
Taqueria Los Comales Dining
17,083 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
4,175 visits/mo 0.3 miles

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic masonry building with flexible room-by-room layout and C1-2 zoning, suited for residential or mixed-use conversion.
Where is this mixed-use property located?
The property is located at 1870 S Blue Island Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1899 three‑story masonry building totaling 12,300 SF in Chicago’s Pilsen neighborhood; Third floor currently configured as an extra‑large 2,300 SF owner’s residence; Second floor originally subdivided into individual examination rooms, each with its own sink
(913) 909-9529 Call to check price and availability
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