Mixed-Use

Blue Island, IL Mixed-use Properties for Sale

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Posen, IL Riverdale, IL South Holland, IL Markham, IL Robbins, IL Midlothian, IL Dolton, IL Hazel Crest, IL
Warehouse with Loading Docks
Updated: Oct 9
Warehouse with Loading Docks

255 E 167th Street, Harvey, IL 60426

Contact for pricing
5.15 AC lot
15,000‑square‑foot warehouse with two loading docks
Approximately 4,000 square feet of office space, available to rent separately
5.15‑acre site zoned INDUS
Two truck parking spaces and five car parking spaces
Brick construction; built in 1970
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Two-Story Mixed-Use Building
Updated: Oct 6, 2025
Two-Story Mixed-Use Building

13341 Olde Western Avenue, Blue Island, IL 60406

$375,000
0.15 AC lot
Two‑story brick mixed‑use building with a leased first‑floor hair salon and spa
Updated 2‑bedroom apartment with private deck; currently rented
Full basement and 2‑car garage with rear entry
Extra adjacent lot included with the property
0.1492 acres zoned COMMR
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Historic Mixed-Use Restaurant
Historic Mixed-Use Restaurant

13325 Olde Western Ave, Blue Island, IL 60406

$399,900
2,690 sqft 0.29 AC lot

Renovated restaurant space includes patios, dining, a bar, storage, and an unfinished upstairs apartment.

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See hot listings in Blue Island

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
COMMERCIAL - Blue Island, IL
COMMERCIAL - Blue Island, IL

13341 Olde Western Ave, Blue Island, IL 60406

$375,000
0.15 AC lot

Two-story building with retail, apartment, lot, and income.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 4 Active listings in Blue Island, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Mixed-Use Building
Historic Mixed-Use Building

3824 147th Street, Midlothian, IL 60445

$850,000
0.18 AC lot

Flexible commercial layout with multiple entrances, upper-level character space, and transit adjacency.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

3662 147th St, Midlothian, IL 60445

$314,900

The open commercial area is ready for occupancy, with a three-bedroom residence above.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

354 E 115th St, Chicago, IL 60628

$78,900
2,100 sqft

Brick property combines two apartments, a storefront, and a one-car garage.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

539 W 119th St, Chicago, IL 60628

$135,000

Two-level property combines an open commercial storefront with a separate residential apartment and private office.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Corner Lot
Commercial Corner Lot

4031 147th Street, Midlothian, IL 60445

$119,900

Commercial land with natural gas availability in the Midlothian business district.

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Commercial Development Land
Commercial Development Land

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

Commercially zoned acreage near established businesses, schools, residential neighborhoods, and commuter routes.

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Hammond, IN Land Opportunity
Hammond, IN Land Opportunity

4514 Calumet Avenue, Hammond, IN 46327

$700,000
0.14 AC lot

Vacant lots in high-traffic area, ideal for redevelopment.

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Hammond Land Redevelopment Opportunity
Hammond Land Redevelopment Opportunity

4514 Calumet Avenue, Hammond, IN 46327

$700,000
0.14 AC lot

Prime land parcels in high-traffic Hammond commercial zone for sale.

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Off-Market Properties in Blue Island, IL

Consider similar Off-Market properties in Blue Island, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2412 James St
STORES & APARTMENTS

2412 James St, Blue Island, IL 60406-2484

Estimated value:
$600,000
7,294 sqft 0.09 AC lot
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13030 Western Ave
STORES & APARTMENTS

13030 Western Ave, Blue Island, IL 60406-2419

Estimated value:
$340,000
0.12 AC lot
View details
2911 Broadway St
STORES & APARTMENTS

2911 Broadway St, Blue Island, IL 60406

Estimated value:
$1,195,000
7,906 sqft 0.09 AC lot
View details
13001 Western Ave, Unit 3
STORES & APARTMENTS

13001 Western Ave, Blue Island, IL 60406-2406

Unit 3
Estimated value:
$405,000
0.21 AC lot
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12151 Western Ave
STORES & APARTMENTS

12151 Western Ave, Blue Island, IL 60406-1331

Estimated value:
$1,595,000
11,500 sqft 0.10 AC lot
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12151 Western Ave
STORES & APARTMENTS

12151 Western Ave, Blue Island, IL 60406-1331

Estimated value:
$330,000
0.10 AC lot
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13315 Olde Western Ave
STORES & APARTMENTS

13315 Olde Western Ave, Blue Island, IL 60406-2921

Estimated value:
$410,000
0.27 AC lot
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13008 Western Ave
STORES & APARTMENTS

13008 Western Ave, Blue Island, IL 60406-2407

Estimated value:
$2,065,000
5,400 sqft 0.10 AC lot
View details

Blue Island, IL Mixed-Use Properties Market Trends and Statistics

Explore 12 mixed-use properties for sale in Blue Island, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,690 square feet of properties for sale, with an estimated market value of $1,149,900.

Sale prices for multi use buildings in Blue Island, IL start at $375,000, averaging $383,300, and reaching up to $399,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 25K
Population Growth (5Y) -1.5%
Median Household Income $59,502
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Blue Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60406 $383.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Blue Island fall within the 10,000 to 25,000 square foot range.

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