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$199,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 19 hours ago
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INVESTOR SPECIAL! HUGE PRICE REDUCTION! Seller is highly motivated. Prime mixed-use opportunity in Blue Island's Olde Western Historic District. 1st-floor commercial unit generates $1,500/mo (tenant thru 7/31/26 wants to stay). 2nd-floor 4-bedroom tenants are willing to negotiate a short-term, month-to-month lease to generate instant cash flow during repairs! Upgrades include newer windows, HVAC, and a repaired roof. Sold strictly AS-IS. Buyer assumes the City of Blue Island Intent to Sell inspection report and all code compliance.The city report is attached for review. Facade changes require historical preservation review, but Business Development Grants are available! Cash or Hard Money preferred. See agent remarks for details.

Full Property Details for 13315 Olde Western Ave

General

  • Price: $199,000
  • Taxes: $61,018 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12641610
  • Updated: 5/8/2026
  • Added to Site: 2 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
  • 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: $61,018
  • Tax Year: 2024
  • Pays Trash: 85

Disclosures and Reports

  • Property ID: 24364240110000

Listed by Redfin Corporation

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Listing agent

— 13315 Olde Western Ave —

  • Redfin Corporation

(224) 699-5002

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 13315 Olde Western Ave

School Districts:Cook County School District 130, Community High School District 218
NameGradesDistance
Lincoln Elementary School, Blue Island, IL
2140 Broadway Street, Blue Island, IL 60406
K-30.3 mi
Whittier Elementary School, Blue Island, IL
13043 Maple Avenue, Blue Island, IL 60406
4-50.4 mi
Everett F Kerr Middle School
12915 Maple Avenue, Blue Island, IL 60406
6-80.6 mi
Dd Eisenhower High School (Campus)
12700 Sacramento Avenue, Blue Island, IL 60406
9-121 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$199,000
121.11%
MLS
6/08/2007
Sold
$90,000
—
Public Record
Get Price Alerts and Save Property
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 for 13315 Olde Western Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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13315 Olde Western Avenue, Blue Island, IL 60406 (MLS# 12641610) is a Commercial property. 13315 Olde Western Avenue is currently listed for $199,000 and was received on May 07, 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.

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