The Lake Street Elevated Railway Company was incorporated on February 7, 1888.

[5] The Elevated was powered by steam locomotives until May 9, 1896, when its tracks were electrified.

[6] The Lake Street Elevated Railroad, having been dogged by financial issues since its inception, was reorganized as the Chicago and Oak Park Elevated Railroad (C&OP) on March 31, 1904.

The station closed on February 25, 1951, so that Ashland could reopen now that the Lake Street Transfer was unnecessary, but local pressure caused it to reopen several days later on March 5.

The station closed again for good on April 4, 1954, after an auxiliary exit to Ashland was opened near the site.