IL
Cook
Palatine
60067
707 W Colfax Street
707 W Colfax Street, Palatine, IL 60067
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Listing Type
Commercial/Industrial
Listing Status
active
1
$475,000

Home Details for 707 W Colfax Street

Price
$475,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1980
County
Cook
Garage
Days on site
20
MLS Listing#
12461320
Property Description

Available FOR SALE and FOR RENT! Built in 1980 and freshly remodeled, 2 floors of office spaces but with potential variation in usage as it is zoned Manufacturing. At the moment, the building it is set up as 4 individual office spaces, 2 on the first floor and 2 on the second floor. One of the 2nd floor units it is rented for 18 months. The ground floor units feature one large open space with half bathroom, it can be used as workshop/warehouse units. The upstairs units have are divided each 2 individual private rooms inside, each with exterior windows. The building is versatile as usage and could be converted into a 4 unit multifamily(buyer must check with Village for permits and zoning), as each of the 4 entities has its own bathroom and separate utilities meter (gas, electric). One water bill for the whole building. The whole building was just painted and carpet was replaced, new laminate flooring, two of the furnaces are brand new, new electric system, windows were just painted, roof repaired, bathrooms remodeled. Large parking area has more than 10 spots with plenty of extra room for potential storage buildable area, sheds, etc. 800 amp service to the building. Very good exposure, estimated over 5000 cars per day, 1 block to post office, 2 blocks to Metra Station. Contact listing agent with all questions. Please check 3D Tour and Video tour attached.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Century 21 Circle - 773-465-4200
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-07 23:30:50. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-07 23:30:50
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
Office
773 250 7410
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