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707 W Colfax St Palatine, IL 60067

Sponsored
For Sale
$450,000

COMMERCIAL - Palatine, IL

Lot size:
0.14 Acres
Days on Market:
19
Last Refresh:
Jan 5 at 3:06 pm

Property Features for 707 W Colfax St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
OFFIC
APN
02151100040000
Lot size
0.14 Acres

Utilities

Cooling system
Central Air

Building Details

Year built
1980
Floors in Building
2
Number of units
4
Building materials
Brick

Coldwell Banker Leader Realty (312) 513-4490 [email protected]

Listing agent Diana Varva (773) 344-5545

Listing date Dec 18, 2025

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Remodeled Office Building with Manufacturing Zoning

This commercial building, constructed in 1980 and recently remodeled, offers two floors of office spaces with the flexibility for varied uses due to its manufacturing zoning. Currently configured as four individual office spaces, with two units on each floor, the layout provides distinct operational areas. The ground floor units feature a large, open space with a half bathroom, suitable for workshop or warehouse applications. The upstairs units are divided into two private rooms, each with exterior windows. Each of the four units has its own bathroom and separate gas and electric meter. The building has a single water bill. Recent upgrades include two furnaces installed in 2024, a newer 800-amp electrical system, freshly painted windows, roof repairs, and remodeled bathrooms. The property includes a large parking area with over 10 spaces and additional room for potential storage or buildable areas. Benefiting from high street exposure with an estimated 5,000 cars passing daily, the location is one block from the post office and two blocks from the Metra Station in Palatine, Illinois.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mariah Express Trucking Company Teamworks Consultant Town & Country Claim ... Insurance Agency

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palatine
County
Cook
State
Illinois
Longitude
-88.0603745
Latitude
42.1185195

FAQs

What type of property is this?
Manufacturing property - Remodeled office building for sale with manufacturing zoning.
Where is this manufacturing property located?
The property is located at 707 W Colfax St Palatine, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: - Zoned Manufacturing with potential for varied usage.; - Freshly remodeled, including **two new furnaces (2024)**, **newer 800 amp electric system**, roof repair, and remodeled bathrooms.; - Four individual units, each with a private bathroom and separate gas/electric meter.
More about this property
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