$525,000
Active
3 Days Online
0 Beds0 Baths2,961 SQFT
Active

707 W Colfax Street Palatine, IL 60067

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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 TypeCommercial
  • NeighborhoodN/A
  • CountyCook
  • Taxes$13,714
  • HOA/Condo/Coop Fees$0
  • Days on Site2 Days
  • MLS StatusActive
  • MLS ID Number12101555
  • Home Size Source N/A
  • Year Built1980
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Electric Circuit Breakers
  • Number of Stories 2
  • Property Sub Type Office
  • Zoning OFFIC
  • Number Of Stories 2

Interior Features

  • Cooling Central Air

Exterior Features

  • Construction Details Brick

Community Features

  • MLS Area Palatine

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Monthly Payment (Est.)

$2,780
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