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$329,000 Just Listed
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Property Description
Prime Commercial Investment Opportunity - Two-Unit Storefront Building. Excellent opportunity to own a two-unit commercial storefront building in a centralized, high-visibility location! The property features two established commercial tenants, a currency exchange and a supermarket, providing diversified rental income from essential neighborhood businesses. Attractive investment features include solid rental income, a decent cap rate, and a tenant-paid expense structure, with tenants responsible for their respective real estate taxes and utilities. Ideally positioned in a visible, accessible location with strong exposure to surrounding traffic and the local community. An appealing addition to any investor's portfolio, offering the potential for steady cash flow and long-term investment value. A great opportunity for investors seeking an income-producing commercial property with established tenants and reduced landlord expense obligations.
Full Property Details
Full Property Details for 12956-12958 Western Ave
General
- Price: $329,000
- Taxes: $40,994 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12787371
- Updated: 10/19/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Retail
Interior
- Flooring: Tile
Location
- Area: Blue Island
- County: Cook
- Driving Directions: Drive Western Ave North to 12956-12958
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Tile
- Stories/Levels: 1
- Square Feet: 4,200
- Current Bldg. Use: Commercial
- Year Built: 1910
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,908
- Lot Dimensions: 148 x 61
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $6,880
- Assessment Year: 1910
- Tax Amount: $40,994
- Tax Year: 2025
- Tenant Pays: Electricity, Heat, Taxes
Disclosures and Reports
- Property ID: 24362230170000
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Price & Sales History for 12956-12958 Western Ave
Date
Details
Price
Change
Source
10/19/2026
Listed
$329,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12956-12958 Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$38,397
-1%
$99,750
—
2023
$38,837
-13%
$99,750
7%
2022
$44,408
6%
$93,007
—
2021
$41,882
3%
$93,007
—
2020
$40,734
-14%
$93,007
-11%
2019
$47,311
5%
$105,000
—
2018
$45,217
-1%
$105,000
—
2017
$45,788
27%
$105,000
33%
2016
$36,149
3%
$79,153
—
2015
$35,172
-14%
$79,153
-15%
2014
$40,696
35%
$93,365
25%
2013
$30,209
4%
$74,706
—
2012
$29,014
—
$74,706
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12956-12958 Western Ave
12956-12958 Western Avenue, Blue Island, IL 60406 (MLS# 12787371) is a Commercial property. 12956-12958 Western Avenue is currently listed for $329,000 and was received on October 19, 2026. Want to learn more about 12956-12958 Western Avenue? Do you have questions about finding other Commercial real estate for sale in Blue Island? You can browse all Blue Island real estate or contact a Coldwell Banker agent to request more information.

