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632 Colfax St Palatine, IL 60067

Sponsored
For Sale
$825,000

Turnkey Auto Repair Business & Real Estate

Property size:
4,373 SF

Description

Added:
Feb 3, 2025
Days on Market:
341
This exceptional opportunity presents a well-established auto repair business and its accompanying real estate in Palatine, Illinois. Located at 632 W Colfax Street, the property boasts a substantial 4,373 square feet of building space situated on a 0.93-acre lot. The business, with over two decades of operational history, benefits from a loyal customer base, making it an attractive acquisition for both expansion and new ventures. The building's design is specifically tailored to the automotive repair industry, featuring three convenient drive-in doors for efficient vehicle access and five well-equipped workstations. This layout provides ample space for current operations and allows for significant future growth potential. The sale includes both the real estate and the established business, offering a complete and turnkey solution for a prospective buyer. The property's prime location in Palatine ensures high visibility and accessibility, contributing to the business's long-term success. This is a rare opportunity to acquire a profitable, established business with its associated real estate, offering immediate revenue generation and significant growth prospects. The asking price for this complete package is $825,000. Serious inquiries only.

Property Features for 632 Colfax St

General Information

Property type
Other commercial real estate
Square Feet
4,373 SF
Lot Size
40,511 SF

Building Details

Year Built
1970

Property Profile Location Intelligence

Current Use by Public Records

US Concrete Lifters Concrete Contractor John & Scott's Auto ... Auto Repair Shop DLS LANDSCAPING, INC. Landscaper

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
-88.05796
Latitude
42.11859

FAQs

What type of property is this?
Commercial real estate - Turnkey Auto Repair Business & Real Estate
Where is this commercial real estate located?
The property is located at 632 Colfax St Palatine, IL.
What is the asking price?
The asking price for this property is $825,000.
More about this property
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