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1345 W 87th Street Chicago, IL ^$ 12

1345 W 87th Street

^$ 12

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1345 W 87th Street

Chicago, IL, 60620

^$ 12

Bedrooms-- Baths-- Sq 5,100

1345 W 87th Street, Chicago, IL 60620 - Image 1

1345 W 87th Street, Chicago, IL 60620 - Image 2

1345 W 87th Street, Chicago, IL 60620 - Image 3

1345 W 87th Street, Chicago, IL 60620 - Image 4

1345 W 87th Street, Chicago, IL 60620 - Image 5

1345 W 87th Street, Chicago, IL 60620 - Image 6

1345 W 87th Street, Chicago, IL 60620 - Image 7

Property for Rent in Chicago, IL

for $12. This 5,100 square foot property was built in 1900 on a lot size of 0.172176.

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.

Rental Active

Price

^$ 12

Taxes

^$ 0

Style

Lot Size

0.172176

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12794630

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Concrete Brick

Year Built 1900

Electric Circuit Breakers

Tenant Pays Other

Stories Count 1

Property Subtype Restaurant

Tax Year 2025

Assoc Fee Paid Per Not Applicable

County Cook

Property Type Commercial Lease Retail/Stores

Status New

Directions 87th St. at Loomis St./Vincennes Ave.-87th St. east to address. I-90 west on 87th St. to address.

City Chicago

Number Of Units Total 1

MLS Area CHI - Auburn Gresham

Lot Size Square Feet 7500

Tax Annual Amount 0

Ok to Lease 24 Months

Leasable Area 5100

Lease Type Modified Gross

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Frontage Type City Street

* Excluded Features

List By

Century 21 Circle

Broker

mark@chicagorealestatemarkets.com

Nearby

Trends
Schools

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/27/2026	$12		Listed Price

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1345 W 87th Street, Chicago, IL, 60620 is a Property for Rent at $12 with 5,100 sqft and a lot size of 0.172176. 1345 W 87th Street was built in 1900. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 10/28/2026.

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1345 W 87th Street

Property for Rent in Chicago, IL

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