707 W Colfax Street, Palatine, IL 60067

  • $525,000
  • $525,000
707 W Colfax Street, Palatine, IL 60067
  • Commercial Sale
  • Property Type
  • 1980
  • Year Built
For Sale
707 W Colfax Street, Palatine, IL 60067
  • $525,000
  • $525,000

Overview

Property ID: 22879579
  • Commercial Sale
  • Property Type
  • 1980
  • Year Built

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.

  • Address 707 W Colfax Street
  • City Palatine
  • State/county IL
  • Zip/Postal Code 60067
  • Country United States

Details

Updated on August 23, 2024 at 4:48 pm
  • Property ID: 22879579
  • Price: $525,000
  • Year Built: 1980
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 2961
  • MLS#: MRD12101555
  • Office Name: CENTURY 21 CIRCLE
  • Agent Name: Diana Varva
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD10560
  • List Agent MLSID: MRD882022
  • List Date: 2024-07-03T18:42:57.000Z
  • Cooling: Central Air
  • Tax Annual: 13714
  • Tax Year: 2022
  • County: Cook
  • Property SubType: Office

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings
shoshot
  • shoshot

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
shoshot
  • shoshot