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$175,000
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Property Description
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
Full Property Details for 13315 Olde Western Ave
General
- Sold For: $175,000
- Taxes: $61,018 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12641610
- Added to Site: 64 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
- 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
- Security Deposit: Other
- Assessment Year: 1900
- Tax Amount: $61,018
- Tax Year: 2024
Disclosures and Reports
- Property ID: 24364240110000
Listed by Redfin Corporation
Sold by Real People Realty
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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
6/09/2026
Sold
$175,000
-12.06%
MLS
5/07/2026
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
13315 Olde Western Avenue, Blue Island, IL 60406 (MLS# 12641610) is a Commercial property that was sold at $175,000 on June 09, 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.

