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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12794630
Year Built 1900
Tax Year 2025
Property Sub-Type Retail/Stores
Property 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.
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Concrete,Brick
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mark Ahmad of Century 21 Circle
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