Description
Situated along Chicago's established 87th St. commercial corridor serving surrounding residential communities and benefits from the area's mix of neighborhood businesses, retail services, and daily commuter activity. The setting offers an opportunity for a business to establish a strong local presence and contribute to the continued vitality of the surrounding commercial district. The property benefits from access to CTA bus routes along major streets, with the 87th St. Red Line station serving the broader corridor. Metra's Brainerd station on Rock Island District with Gresham station approximately less than a mile away, providing additional commuter rail options. W. 87th St. connects key neighborhood destinations and commercial areas throughout Chicago's South Side. Adding to the area's development potential, a proposed $23 million mixed-use project at 8676 S. Vincennes Ave., near Gresham Metra station, advanced in June 2026 with the selection of a developer. The proposal includes 46 mixed-income residential units and approximately 12,000 Sq. Ft. of ground-floor commercial space, subject to further approvals and project scheduling. With an established commercial corridor, access to public transportation, and proposed nearby investment, 1345 W. 87th St. presents an opportunity for a business to become part of the neighborhood's evolving commercial landscape and help bring fresh energy, new activity adding value to the community.
Details
| MLS # | 12794630 |
|---|---|
| Listing Type | For Lease |
| Style | Retail/stores |
| Status | Active |
| Year | 1900 |
| Days On Site | Undisclosed |
| Listing Provided By | Century 21 Circle | Mark Ahmad |
Features
| Story(s) | 1 |
|---|---|
| Units | 1 |
| Zoning | COMMR |
Interior
| Cooling | Central Air |
|---|
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Concrete, Brick |
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 0 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60620 |
| Area | CHI Auburn Gresham |
| Listing VS Median (in 60620) | |
Price: $12 low | high Med: $228,000 On site: Undisclosed low | high Med: 105 | |
Market Activity 60620
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60620 |
| Area | CHI Auburn Gresham |
| Listing VS Median (in 60620) | |
Price: $12 low | high Med: $228,000 On site: Undisclosed low | high Med: 105 | |