Blue Island, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Blue Island commercial real estate to find the best space for your business.

Industrial Warehouse in Enterprise Zone | Business Grant Program

13210 S. Olde Western Avenue, Blue Island, IL
Property

Industrial

13,135 SF
Availability

1 Space

13,135 SF
Year Built

1916
For Lease

$7.00/SF/YR
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2910 Wireton Rd

2910 Wireton Rd, Blue Island, IL
Property

Industrial

20,000 SF
Year Built

1987
For Sale

Subject to Offer
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12601 S. Western Ave

12601 S. Western Ave, Blue Island, IL
Property

Retail

14,634 SF
Availability

3 Spaces

3,354 SF
Year Built

2001
For Lease

$27.00 - $29.00/SF/YR
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Industrial Warehouse in Enterprise Zone | Business Grant Program

13210 S. Olde Western Avenue, Blue Island, IL
Property

Industrial

13,135 SF
Year Built

1916
For Sale

Subject To Offer
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12602 Artesian Avenue

12602 Artesian Avenue, Blue Island, IL
Property

Multi-Family

9,370 SF
Year Built

1926
For Sale

$1,075,000
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Raceway Park Shopping Center

13053-13081 S Ashland Ave, Calumet Park, IL
Property

Retail

31,540 SF
Availability

4 Spaces

23,570 SF
Year Built

2012
For Lease

$10.00 - $14.00/SF/YR
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16100 S. Springfield Avenue

16100 S. Springfield Avenue, Robbins, Markham, IL
Property

Industrial

32,615 SF
Availability

1 Space

39,615 SF
Year Built

2000
For Lease Contact for pricing
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Prime Development Lot on Cicero Ave

16224 Cicero Avenue, Oak Forest, IL
Property

VacantLand
For Sale

$550,000
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Spots Plaza

16301 South Halsted Street, Harvey, IL
Property

Retail

8,000 SF
Year Built

1990
For Sale

$879,000
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Freestanding Retail Building with Drive-Thru

200 W 162nd St, South Holland, IL
Property

Retail

3,882 SF
Year Built

2003
For Sale

$775,000
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1921Coworking & 1921 Incubator
1921 Coworking
11001 South Michigan Avenue, Chicago, IL
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

High-speed wifi

Parking
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10201 S Cicero Ave

10201 S Cicero Ave, Oak Lawn, IL
Property

Office

33,936 SF
Availability

1 Space

6,641 SF
Year Built

2012
For Lease

$22.00/SF/YR
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Multi-Family Portfolio For Sale

11215-11436 Champlain Ave., Pullman, Chicago, IL
Property

Multi-Family

15,470 SF
Year Built

1888
For Sale

$1,786,000
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Phoenix Apartments

611 E 151st St, Phoenix, IL
Property

Multi-Family

8,400 SF
Year Built

1968
For Sale

$895,000
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10330 S. Western Avenue

10330 S. Western Avenue, West Beverly, Chicago, IL
Property

Retail

2,875 SF
For Sale

$499,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Blue Island market, there is a total of 51,070 square feet of industrial property.

The listing inventory in Blue Island incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Blue Island is represented by Industrial space, which accounts for 13,135 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Blue Island are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Blue Island, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in Blue Island depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

Industrial space in Blue Island is in buildings that are, on average 12,768 square feet in size.

Blue Island, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Blue Island currently add up to 13,135 square feet. Industrial space for rent opportunities in Blue Island amount to 13,135 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Industrial	1	13,135

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Blue Island, IL. Currently, there is 47,305 square feet of commercial property for sale here , which includes 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	3	37,935
Other	1	9,370

Blue Island, IL Commercial Real Estate for Lease and Sale

Industrial Warehouse in Enterprise Zone | Business Grant Program

2910 Wireton Rd

12601 S. Western Ave

Industrial Warehouse in Enterprise Zone | Business Grant Program

12602 Artesian Avenue

Raceway Park Shopping Center

16100 S. Springfield Avenue

Prime Development Lot on Cicero Ave

Spots Plaza

Freestanding Retail Building with Drive-Thru

1921Coworking & 1921 Incubator

10201 S Cicero Ave

Multi-Family Portfolio For Sale

Phoenix Apartments

10330 S. Western Avenue

Frequently Asked Questions

Blue Island, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Blue Island, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Blue Island, IL?

What factors affect the price of commercial real estate in Blue Island, IL?

What are the best areas for commercial real estate in Blue Island, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Blue Island, IL?

Blue Island, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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