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Active - Mixed Use for sale
Blue Island, IL
Facts & features
Why you’ll love it
- Renovated
- Garage
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!
Listed by: Kyle Altenburg • Hanley Realty, Inc.
Co-listed by: Hanley Realty, Inc.
Source: MRED as distributed by MLS GRID, MLS#: 12745288
Based on information as of Sep 01, 2026 at 07:16pm EDT.
Come see by yourself
Affordability
$2,981/mo
- Mortgage$2,022
- Property tax$959
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Blue Island
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
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Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Sep 01, 2026 at 07:16pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
