For Sale
$895,000

532 Colfax St Palatine, IL 60067

7,373 SF Flex Space, Palatine, IL

Overview

Added:
Dec 11, 2024
Days on market:
133
This 7,373 square foot flex space industrial building in Palatine, Illinois, presents a unique investment opportunity. Located at 532 W Colfax St, 60067, within Cook County, this single-story, Class B building sits on a 0.93-acre lot and was constructed in 1970. The property is zoned for manufacturing and features three drive-in doors, ideal for efficient loading and unloading. The interior includes five workstations, well-suited for a variety of industrial or flex uses. With a long history of automotive repair operations, this property offers established infrastructure and potential for immediate occupancy. The building's layout is designed for optimized workflow, providing ample space for expansion or adaptation to suit a new business's needs. The asking price is $895,000. This property is a prime location for businesses seeking a well-established space in a convenient Palatine location. The property's size and features make it suitable for a range of industrial and flex uses, offering significant potential for growth and return on investment.

Highlights

  • $895,000 asking price for this 7,373 SF industrial flex space.
  • Class B building, built in 1970, single-story with one building on a 0.93-acre lot.
  • Located at 532 W Colfax St, Palatine, IL 60067 in Cook County.
  • Features three drive-in doors and five workstations, suitable for automotive repair or similar uses.
  • Manufacturing zoning. Broker co-op available.

Property Details for 532 Colfax St

Property type
Industrial properties, Flex space
Square Feet
7,373 SF
Class
B
Year Built
1970
Buildings
1
Stories
1
Lot Size (sq. ft)
40,511 SF

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.118422249601
Longitude
-88.054397892234

FAQs

What type of property is this?
Industrial property - 7,373 SF Flex Space, Palatine, IL
Where is the industrial property located?
The property is located at 532 Colfax St Palatine, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: $895,000 asking price for this 7,373 SF industrial flex space.; Class B building, built in 1970, single-story with one building on a 0.93-acre lot.; Located at 532 W Colfax St, Palatine, IL 60067 in Cook County.
How can I contact the broker?
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532 Colfax St
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