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13315 Olde Western Avenue Blue Island, IL 60406 Commercial - Business New

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  • 13315 Olde Western Avenue , Blue Island, IL 60406 Main Photo

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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!

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1900

General Information

County: Cook
Listed By:
Redfin Corporation 224-699-5002
MRED MLS
$250,000
Est. $1,631/mo
New to the Market New
MLS#12585608
STATUSNew PROPERTY TYPECommercial - Business

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13315 Olde Western Avenue , Blue Island, IL 60406.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $250,000$250,000$250,000
Down Payment $50,000$8,750$62,500
Monthly Mortgage Amount $1,183$1,433$1,520
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,631$1,991$1,968

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