Property profile

300 Colfax St Palatine, IL 60067

OFF-MARKET
Auto shops
Property ID
US28-0727950
4,050 SF 0.65 ac lot Built 1966
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1966
Total area 4,050 SF
Lot 0.65 ac (28,290 SF)
APN 02-15-432-024
UPID US28-0727950

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

300 Colfax St Palatine, IL 60067-2526
Palatine metro Census 803701 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$877k
Blend (final) Blend
$1.06M

Owner & transaction history

since 2021
Last sale
$1.3M
4 recorded transactions
2021
$1.3M
2000
$440,000
2000
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.7M +254.3%
Neighborhood: shopping center $890,000 +80.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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