- Co-owner of House Of Blues clubs with Dan Aykroyd.
- Younger brother of John Belushi.
- His father, Adam Belushi, was an Albanian who left his native village, Qytezë, in 1934 at the age of fifteen. His mother, Agnes (Samaras), was born in the U.S., to Albanian parents.
- One of his lifelong passions is playing his harmonica, a love he first developed after hearing British blues musician John Mayall, a leading exponent of the instrument. Jim carries his harmonica with him all the time.
- Was originally set to co-star in Blues Brothers 2000 (1998), but couldn't due to scheduling conflicts.
- Early in his career he was offered a role on a proposed TV sitcom adaptation of National Lampoon's Animal House (1978). Wanting to keep his career separate from his famous older brother John Belushi (who co-starred in the movie), Belushi declined.
- Opened a pot farm in Southern Oregon Banana Belt called Belushi's Farm.
- Occasionally performs concerts with the Sacred Hearts Blues Band.
- Son, with Sandra Davenport, Robert Belushi (b. 1981).
- Has a daughter, Jamison Belushi (aka "Jamison Bess Belushi"), with wife Jennifer Sloan (born July 28, 1999).
- Has a son, Jared Belushi, with wife Jennifer Sloan (born February 8, 2002).
- Childhood celebrity crush was Elizabeth Montgomery of Bewitched (1964) TV series fame.
- Member of the jury at the Venice Film Festival in 1991.
- (May 14, 2012) Announced that he has gout.
- He was nominated for a 1979 Joseph Jefferson Award for Actor in a Principal Role in a Play for "Sexual Perversity in Chicago" at the Apollo Theatre Center in Chicago, Illinois.
- Release of his book, "Real Men Don't Apologize". (2006)
- In Taking Care of Business (1990) he played a baseball fan. In Mr. Destiny (1990) he played a baseball player. Both movies had a character named Jewel, and were released the same year, just two months apart.
- Shares his birthday with another comedian named Jim. Jim Varney.
- Though he is a life-long Chicago Bears fan, he shares a birthday with former Green Bay Packers coach Mike Holmgren.
- Jim Belushi inherited the role of Litko in David Mamet's "Sexual Perversity in Chicago" from "Grease" co-author Warren Casey who created that role in Organic Theater's 1974 world premiere.
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