BALCOR CURRENT INCOME FUND-87
15-12G, 1998-03-10
REAL ESTATE
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549
                                    FORM 15

Certification and Notice of Termination of Registration under Section 12(g) of
the Securities and Exchange Act of 1934 or Suspension of Duty to File Reports
Under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

     Commission File Number             `33 Act No. 33-7858
                                        `34 Act No. 0-16712

     BALCOR CURRENT INCOME FUND-87
     A REAL ESTATE LIMITED PARTNERSHIP
- -------------------------------------------------------------------------------
     (Exact name of registrant as specified in its charter)


     2355 Waukegan Road, Suite A-200, Bannockburn, Illinois  60015
     (847) 267-1600
- -------------------------------------------------------------------------------
     (Address, including zip code, and telephone number, including 
     area code, of registrant's principal executive offices) 


     Limited Partnership Depositary Units
- ------------------------------------------------------------------------------
     (Title of each class of securities covered by this Form)


     None
- -------------------------------------------------------------------------------
     (Titles of all other classes of securities for which a duty to file 
     reports under Section 13(a) or 15(d) remains)

     Please place an X in the box(es) to designate the appropriate rule
     provision(s) relied upon to terminate or suspend the duty to file reports:

     Rule 12g-4(a)(1)(i)      [X]       Rule 12h-3(b)(1)(i)      [ ]
     Rule 12g-4(a)(1)(ii)     [ ]       Rule 12h-3(b)(1)(ii)     [ ]
     Rule 12g-4(a)(2)(i)      [ ]       Rule 12h-3(b)(2)(i)      [ ]
     Rule 12g-4(a)(2)(ii)     [ ]       Rule 12h-3(b)(2)(ii)     [ ]
     Rule 15d-6               [ ]

     Approximate number of holders of record as of the certificate or notice
     date: 

     None
- ---------------
<PAGE>
     Pursuant to the requirements of the Securities Exchange Act of 1934,
Balcor Current Income Fund - 87 A Real Estate Limited Partnership, has caused
this certification/notice to be signed on its behalf by the undersigned 
duly authorized persons.

Date:  March 10, 1998


                    Balcor Current Income Fund - 87 A Real Estate Limited 
                    Partnership, a Delaware limited partnership

                    By:  Balcor CIF Partners, an Illinois
                         general partnership, its general partner

                    By:  The Balcor Company, a Delaware corporation, 
                         a partner

                    
                    By:  /s/Jayne A. Kosik
                         ----------------------------------
                            Jayne A. Kosik
                    Its:    Senior Managing Director and 
                            Chief Financial Officer
<PAGE>


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