Iconic, historic, mixed-use building on remarkable Olde Western Ave in the heart of Downtown Blue Island! This building which includes one, turn-key restaurant space, one, needs-to-be-finished, upstairs apartment, a huge parking lot, and a detached garage is ALL for sale and ready for it's next great run! Formerly Marios Tacos and Bada-Bing Wings, this place has been a neighborhood icon for nearly 60 years! Who is ready to join the other amazing businesses that call the City of Blue Island home!? High-Traffic Location, Fully-equipped Restaurant on the main level! Seize this rare opportunity to own a beautifully renovated, fully equipped restaurant in a thriving, walkable neighborhood. This 2,690 SF mixed-use building sits on a generous 12,500 SF lot and includes:Expansive outdoor and enclosed patios Fully furnished dining room and bar (seats 50 indoor tables + 30 outdoor) Brand new FF&E, including a walk-in refrigerator, Finished basement for storage, Unfinished upstairs apartment ideal for conversion long-term, or event venue, Two restrooms Covered garage and ample parking. Located across from Rock Island Public House, Burrito Jalisco and steps from La Vieja Castilla, Jerry's BBQ, and Sid's Pizza and soon-to-be Steak House not to mention Marz Brewing! The area is buzzing with foot traffic from local bars, breweries, and the Lyric Theater-making it a prime location for Italian, venue, Middle Eastern, or other standout concepts. Highlights: SBA Financing Available for qualified buyers Over $100,000 in Inventory Included! Whether you're an established restaurateur or a passionate newcomer, this is your chance to capitalize on a high-visibility, fully equipped restaurant property in one of the area's most vibrant dining destinations!
Details
MLS #
12745288
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1857
Days On Site
10
Listing Provided By
Hanley Realty, Inc. | Kyle Altenburg
Features
SQ Feet
2,690
Story(s)
2
Units
2
Zoning
OTHER
Acreage
0.27
Interior
Cooling
Central Air
Exterior
Foundation Details
Brick/Mortar
Construction Materials
Brick
Utilities
Electric
Separate Meters
Taxes
Tax Year
2025
Tax Annual Amount
11507.21
Area Information
State
IL
County
Cook
City
Blue Island
Zip Code
60406
Area
Blue Island
Listing VS Median (in 60406)
Price: $399,900
low | high
Med: $215,000
96.236559139785% of Average
sqft: 2,690
low | high
Med: 1,308
100% of Average
$ / sqft: $149
low | high
Med: $164
39.431455723258% of Average
On site: 10
low | high
Med: 53
18.867924528302% of Average
Sourced by Back At You
Market Activity 60406
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 1
Avg $ Per SqFt: $127.16
Min Sale Price: $140,000
Max Sale Price: $140,000
Med Sale Price: $140,000
Date: Jul 2026
Sales: 6
Avg $ Per SqFt: $149.32
Min Sale Price: $95,000
Max Sale Price: $375,000
Med Sale Price: $242,500
Date: Jun 2026
Sales: 8
Avg $ Per SqFt: $160.64
Min Sale Price: $125,500
Max Sale Price: $370,000
Med Sale Price: $300,000
Date: May 2026
Sales: 9
Avg $ Per SqFt: $141.46
Min Sale Price: $68,000
Max Sale Price: $290,000
Med Sale Price: $175,000
Date: Apr 2026
Sales: 6
Avg $ Per SqFt: $148.3
Min Sale Price: $150,000
Max Sale Price: $315,000
Med Sale Price: $261,000
Date: Mar 2026
Sales: 14
Avg $ Per SqFt: $129.81
Min Sale Price: $70,000
Max Sale Price: $470,000
Med Sale Price: $247,500
Date: Feb 2026
Sales: 6
Avg $ Per SqFt: $179.19
Min Sale Price: $40,000
Max Sale Price: $335,900
Med Sale Price: $299,950
Date: Jan 2026
Sales: 6
Avg $ Per SqFt: $103.01
Min Sale Price: $98,000
Max Sale Price: $360,000
Med Sale Price: $167,500
Date: Dec 2025
Sales: 9
Avg $ Per SqFt: $143.57
Min Sale Price: $158,500
Max Sale Price: $390,000
Med Sale Price: $198,000
Date: Nov 2025
Sales: 12
Avg $ Per SqFt: $122.93
Min Sale Price: $145,000
Max Sale Price: $600,000
Med Sale Price: $280,000
Date: Oct 2025
Sales: 8
Avg $ Per SqFt: $126.36
Min Sale Price: $23,000
Max Sale Price: $284,000
Med Sale Price: $209,950
Date: Sep 2025
Sales: 9
Avg $ Per SqFt: $132.6
Min Sale Price: $27,500
Max Sale Price: $541,000
Med Sale Price: $235,000
Sourced by Back At You
Aug 2026
Sales:
1
Avg $ Per SqFt:
$127.16
Min Sale Price:
$140,000
Max Sale Price:
$140,000
Med Sale Price:
$140,000
Jul 2026
Sales:
6
Avg $ Per SqFt:
$149.32
Min Sale Price:
$95,000
Max Sale Price:
$375,000
Med Sale Price:
$242,500
Jun 2026
Sales:
8
Avg $ Per SqFt:
$160.64
Min Sale Price:
$125,500
Max Sale Price:
$370,000
Med Sale Price:
$300,000
May 2026
Sales:
9
Avg $ Per SqFt:
$141.46
Min Sale Price:
$68,000
Max Sale Price:
$290,000
Med Sale Price:
$175,000
Apr 2026
Sales:
6
Avg $ Per SqFt:
$148.3
Min Sale Price:
$150,000
Max Sale Price:
$315,000
Med Sale Price:
$261,000
Mar 2026
Sales:
14
Avg $ Per SqFt:
$129.81
Min Sale Price:
$70,000
Max Sale Price:
$470,000
Med Sale Price:
$247,500
Feb 2026
Sales:
6
Avg $ Per SqFt:
$179.19
Min Sale Price:
$40,000
Max Sale Price:
$335,900
Med Sale Price:
$299,950
Jan 2026
Sales:
6
Avg $ Per SqFt:
$103.01
Min Sale Price:
$98,000
Max Sale Price:
$360,000
Med Sale Price:
$167,500
Dec 2025
Sales:
9
Avg $ Per SqFt:
$143.57
Min Sale Price:
$158,500
Max Sale Price:
$390,000
Med Sale Price:
$198,000
Nov 2025
Sales:
12
Avg $ Per SqFt:
$122.93
Min Sale Price:
$145,000
Max Sale Price:
$600,000
Med Sale Price:
$280,000
Oct 2025
Sales:
8
Avg $ Per SqFt:
$126.36
Min Sale Price:
$23,000
Max Sale Price:
$284,000
Med Sale Price:
$209,950
Sep 2025
Sales:
9
Avg $ Per SqFt:
$132.6
Min Sale Price:
$27,500
Max Sale Price:
$541,000
Med Sale Price:
$235,000
MLS Number: 12745288
Kyle Altenburg – kylealtenburg@ymail.com
Hanley Realty, Inc. – (708) 277-3179
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