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$250,000
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Property Description
1,000sf freestanding building with a drive-thu in the Auburn Gresham of South Chicago. Located on the southwest corner of 87th and Ashalnd. The corner location makes this property highly visible. The interior is vanilla boxed. Pylon signage is available! Many national and independent businesses are in the local area, such as Oxford Insurance, H & R Block, Dunkin Donuts, Family Dollar, and many more.
Full Property Details
Full Property Details for 1607 W 87th St
General
- Sold For: $250,000
- Taxes: $12,363 (2023)
- Status: Closed
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12288986
- Added to Site: 338 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: 87th ST. East or West to Ashland Ave., Ashland Ave. north or south to 87th St. The site is on the SWC of 87th & Ashland Ave
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Structural Information
- Stories/Levels: 1
- Year Built: 1991
Lot Features
- Zoning: COMMR
Financial Considerations
- Lease Price: $25
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Other
- Assessment Year: 1991
- Tax Amount: $12,363.69
- Tax Year: 2023
Listed and Sold by Network Property Managment LLC
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Schools
Schools serving 1607 W 87th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Foster Park Elementary School 8530 South Wood Street, Chicago, IL 60620 | PK-8 | 0.3 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1607 W 87th St
Date
Details
Price
Change
Source
8/12/2025
Sold
$250,000
999900%
MLS
2/11/2025
Listed
$25
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1607 W 87th Street, Chicago, IL 60620 (MLS# 12288986) is a Commercial Lease property that was sold at $250,000 on August 12, 2025. Want to learn more about 1607 W 87th Street? Do you have questions about finding other Commercial Lease real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

