Search
Manufacturing Property with Contractor Yard
New
For Sale
Contact for pricing

515 W Colfax St, Palatine, IL 60667

M-zoned industrial property with truck parking, outside storage, and contractor yard functionality near I-90 and Route 53.

Property Size11,000 SF
Price / SF$186.36
Days on Market7

Property Features for 515 W Colfax St

General Information

Standard status Active
Size 11,000 SF
Property subtype Industrial
Zoning M
Lease Type Net

Additional Details

Outdoor Storage Yes

Building Details

Tenancy Single
Listing Agency: Avison Young - Chicago Suburban
Listed By: Steven Kohn · License #IL 475.128678
Source: Crexi
Added: Aug 11 Changed: Aug 16 Last Checked: Aug 17 at 4:42AM

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 Avison Young - Chicago Suburban

Investment Insights

Based on property information with market context.

This manufacturing property at 515 W Colfax St includes substantial parking, designated truck parking, and outside storage capacity. The site also supports contractor-yard operations and is positioned for future expansion, subject to applicable approvals.

Located in Palatine’s industrial corridor, the property is near I-90 and Route 53. M zoning supports manufacturing activities, aligning the site with industrial and contractor-oriented operations. The property size is listed as 11,000, with the available data also identifying the asset as suitable for manufacturing use.

Key Highlights

  • M zoning intended to accommodate manufacturing activities
  • 11,000 listed property size
  • Truck parking and substantial general parking

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Auto Parts Store Hotel & Motel Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,273
Businesses Nearby

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Manufacturing property - M-zoned industrial property with truck parking, outside storage, and contractor yard functionality near I-90 and Route 53.
Where is this manufacturing property located?
The property is located at 515 W Colfax St Palatine, IL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: M zoning intended to accommodate manufacturing activities; 11,000 listed property size; Truck parking and substantial general parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message