$525,000

707 W Colfax Street, Palatine, IL 60067, US

Summary

Style: Office
Sq Ft: 2961
Year Built: 1980

Moving Quotes

primary photo for 707 W Colfax Street, Palatine, IL 60067, US

Remarks

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.

Details

MLS#: 12101555
Price: $525,000

Style: Office
Sq Ft: 2961
Year Built: 1980

County: Cook
Lot Size: 6104
Tax Fee: 13714

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Broker Contact

Century 21 Circle
3372 W Devon Ave
Lincolnwood, IL, 60712
US
Earl Ruthman
! 773-465-4200
! earl.ruthman@coldwellbanker.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Midwest Real Estate Data, LLC
Last updated: 2024-08-17T04:34:24.000-04:00.
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