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Free-Standing Office Building

501 W Colfax Street Palatine, IL 60067

501 W Colfax Street, Palatine, IL, 60067
Contact for pricing
For Sale
Contact for pricing
Pending

Free-standing office building with 22 private offices, a reception area, and on-site parking.

Days on Market103

Property Features for 501 W Colfax Street

General Information

Standard status
Pending
Property subtype
Office
Listing agency Brown Commercial Group Inc
Listed by Jim Pietrarosso · License #IL 475122538
Source Crexi
Added: Apr 10 Updated: Jul 20 at 7:59PM Checked: Jul 21 at 4:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Commercial Group Inc


Investment Insights

Based on property information with market context.

This free-standing office building offers a flexible interior layout and strong tenant-ready utility. The current configuration includes 22 private offices, a conference room, general office area, reception, breakroom, and additional office space. The building was originally set up as three separate units, and separate meters are still in place, allowing it to be converted back if desired.

Located just northwest of downtown Palatine, the property is described as having great visibility and easy access. Ample parking is available for staff and visitors.

With both a substantial current office buildout and the option to reconfigure to separate units, the building can support a range of operational footprints while retaining a clear, established office plan.

Key Highlights

  • Free‑standing office building just northwest of downtown Palatine
  • Currently configured with 22 private offices plus reception, conference room, and general office area
  • Includes a breakroom and additional office spaces

Property Analytics

Location Intelligence

Current Use by Public Records

MP Consulting, LLC Research And Product Development

Suggested Use

Real Estate Agency Big Box & Wholesale Store Restaurant Auto Parts Store Hotel & Motel Storage Facility Pharmacy Grocery & Convenience Store Skin Care Clinic Grocery & Convenience Store

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

FAQs

What type of property is this?
Office building - Free-standing office building with 22 private offices, a reception area, and on-site parking.
Where is this office building located?
The property is located at 501 W Colfax Street Palatine, IL.
What are key features of this property?
This property features: Free‑standing office building just northwest of downtown Palatine; Currently configured with 22 private offices plus reception, conference room, and general office area; Includes a breakroom and additional office spaces
Contact an agent
(847) 758-9200 Call to check price and availability
More about this property
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