707 W Colfax Street Active

Palatine,IL 60067

$ 475000

- Bed

- Bath

2961 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,961 sqft

Price per Sqft $160

MLS Listing ID 12461320

Year Built 1980

Annual Tax Amount $13,714

Tax Year 2022

Lot Dimensions 6104

Property Sub-Type Industrial

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. 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. Each of the 4 entities has its own bathroom and separate gas and electric meter. One water bill for the entire building. Two of the furnaces were installed in 2024, newer electric system of 800 amps, 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. . Very good street exposure, estimated over 5000 cars per day, 1 block to post office, 2 blocks to Metra Station. Contact listing agent with all questions.

Location

State IL

County Cook

Zoning OFFIC

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

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