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1502 W 87th St, Chicago, IL 60620 Property Records

Cook County property record for 1502 W 87th St, Chicago, IL 60620

Property Summary

Property TypeCommercial
Detailsbuilt 1974
Lot Size0.071 acres (3,125 sqft)
OwnerCompany Name on File
Last Sale$25,000 (Aug 2018)
Tax Bill$1,541 (2022)
Deeds & MortgagesAug 2018 Sale
Apr 2017 Foreclosure
Flood ZoneZone X (minimal risk)
APN20-32-324-041

Property Details

APN / Parcel Number

Primary APN20-32-324-041
Alternative APN
  • 20-32-324-041-0000

Exterior

Year BuiltBuilt 1974
Lot Area3,125 sqft (0.071 acres)

Location & Zoning

Street Address1502 W 87TH ST
CityCHICAGO
StateIL
Zip60620
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionBLK:3 DIST:72 CITY/MUNI/TWP:LAKE SEC/TWN/RNG/MER:SEC 32 TWN 38N RNG 14E
Legal Range14E
Legal Township38N
Legal Section32
Legal QuarterSW
Legal SubdivisionCHARLES F PIPERS
Legal Block3
Legal Lot Number19
JurisdictionCOOK IL
Township / Civil DivisionCHICAGO
Census Block Group3
Census Block3016
Census Tract711100

Owner

1502 W 87th St, a commercial property, is owned by a company that bought it in August 2018.

Source: Cook County records, as of April 8, 2024

Owner of RecordCompany Name on File
Mailing Address1206 OAK ST, WINNETKA, IL 60093-2133
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Aug 17, 2018Grant Deed, Transfer
FIDELITY NATIONAL TITLE
Apr 14, 2017Trustee's Deed, Foreclosure

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 17, 2018 · Amount on File
Deed SaleAug 17, 2018 · Amount on File
Prior SaleJan 13, 2003 · Amount on File
Deed Document Number1822912040
Record UpdatedJun 7, 2026

August 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateAug 17, 2018
Property Address1502 W 87TH ST, CHICAGO, IL 60620
Document Number1822912040
Instrument DateAug 13, 2018
Instrument22912040
Transaction TypeTransfer
Record UpdatedAug 27, 2018
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount on Record
Tax$25.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2221 FOSTER ST EVANSTON IL 602013353, EVANSTON, IL 60201-3353

April 2017: Trustee's Deed, Foreclosure

Document TypeTrustee's Deed
JurisdictionCOOK IL
Recording DateApr 14, 2017
Property Address1502 W 87TH ST, CHICAGO, IL 60620
Document Number1710413074
Instrument DateMar 29, 2017
Instrument10413074
Transaction TypeForeclosure
Record UpdatedApr 25, 2017

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCorporate Trust
Address1502 W 87TH ST CHICAGO IL 60620, CHICAGO, IL 60620

Tax Assessment & Valuation

Source: Cook County assessment roll, as of January 1, 2022

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
MunicipalityChicago City
Unified School DistrictChicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2022$1,541.00 (+2.32%)$7,494 (-) Land $7,031 Building $463$29,976 (-) Land $28,124 Building $1,852
2021$1,506.00$7,494 Land $7,031 Building $463$29,976 Land $28,124 Building $1,852

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1502 W 87th St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2020.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims2 (2020–2021)
Claims Outside the SFHA2 of 2
Most Recent ClaimOct 2021 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1502 W 87th St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCHICAGO
serves 2,721,308 people · EPA ID IL0316000
Water SourceSurface water
Last State InspectionMar 2026
Lead6 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting8
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,060 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
Astound Broadband
Cable · Fiber in parts of the area		1,500 / 50
T-Mobile
Fixed Wireless		100 / 20
AT&T
Fixed Wireless · DSL		100 / 20

May also be available: Verizon.

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