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$250,000 Just Listed
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Property Description
Live & Earn in the Heart of the Olde Western Historic District! Rare mixed-use opportunity in Blue Island's premier two-block pedestrian hub! Perfect for a savvy investor or owner-occupant looking to cut expenses in half by living in the large 4BR/1BA upper unit while the 1st-floor office helps pays the mortgage. Located steps from unique architecture, local dining, and the recent streetscape revitalization. Income & Space: 1st-floor office features a reception, large conference room, 3 private offices, galley kitchen, and ADA bath. Long-term tenant ($1,500/mo + utilities) thru 7/31/26 wants to stay! 2nd floor features 4 bedrooms, in-unit laundry, and front/rear entries. Recent Updates: ALL NEW windows (front/sides 2025), new 1st-floor HVAC and 2nd-floor A/C ( 5 yrs), HWH 5 yrs, and recently inspected/repaired roof. Hard-wired security/cameras in office. Ample parking for 6+ cars + free street parking. Partial basement for storage. Both units function well but await your cosmetic touches. Sold AS-IS. Build instant equity!
Full Property Details
Full Property Details for 13315 Olde Western Ave
General
- Price: $250,000
- Taxes: $6,396 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12585608
- Updated: 3/13/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Blue Island
- County: Cook
- Driving Directions: From Broadway, north to Olde Western. Building is on east side of street.
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Utilities
- Water: Community Water
- Trash: 85
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Vinyl Siding, Frame
- Exterior Const.: Vinyl Siding, Frame
- Stories/Levels: 2
- Current Bldg. Use: Commercial
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 4,356
- Lot Dimensions: 4356
Financial Considerations
- Lease Price: $14
- Insurance Fee: $727
- Security Deposit: Other
- Assessment Year: 1900
- Tax Amount: $6,396.22
- Tax Year: 2024
- Pays Trash: 85
Disclosures and Reports
- Property ID: 24364040120000
Listed by Redfin Corporation
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Schools
Schools serving 13315 Olde Western Ave
School Districts:Cook County School District 130, Community High School District 218
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Blue Island, IL 2140 Broadway Street, Blue Island, IL 60406 | K-3 | 0.3 mi |
Whittier Elementary School, Blue Island, IL 13043 Maple Avenue, Blue Island, IL 60406 | 4-5 | 0.4 mi |
Everett F Kerr Middle School 12915 Maple Avenue, Blue Island, IL 60406 | 6-8 | 0.6 mi |
Dd Eisenhower High School (Campus) 12700 Sacramento Avenue, Blue Island, IL 60406 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 13315 Olde Western Ave
Date
Details
Price
Change
Source
3/12/2026
Listed
$250,000
-48.98%
MLS
3/02/2010
Sold
$490,000
—
Public Record
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 13315 Olde Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$61,018
80%
$156,721
120%
2022
$33,973
6%
$71,152
—
2021
$32,041
3%
$71,152
—
2020
$31,162
5%
$71,152
8%
2019
$29,793
5%
$66,122
—
2018
$28,475
-1%
$66,122
—
2017
$28,835
-23%
$66,122
-19%
2016
$37,233
3%
$81,527
—
2015
$36,227
-14%
$81,527
-15%
2014
$41,997
112%
$96,348
97%
2013
$19,814
4%
$49,000
—
2012
$19,031
—
$49,000
—
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 13315 Olde Western Ave
13315 Olde Western Avenue, Blue Island, IL 60406 (MLS# 12585608) is a Commercial property. 13315 Olde Western Avenue is currently listed for $250,000 and was received on March 12, 2026. Want to learn more about 13315 Olde 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.

