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Palatine Oil 515 W Colfax St 11,000 SF Industrial Building Palatine, IL 60067 $2,050,000 ($186.36/SF)



Investment Highlights
- Heavy parking, truck parking, outside storage, contractor yard
- Close to Metra
- Close to I90 and Rt 53
Executive Summary
Modern office, dock and drive in door, high ceilings, heavy parking, truck parking, outside storage, contractor yard.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,050,000 | No. Stories | 2 |
| Price Per SF | $186.36 | Year Built | 1985 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 28’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 1.00 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 11,000 SF | ||
| Zoning | M - Zoning M | ||
| Price | $2,050,000 |
| Price Per SF | $186.36 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 11,000 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M - Zoning M |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $172,000 (2025) | |
| Land Assessment | $75,000 (2025) | Annual Taxes | ($11,000) (($1.00)/SF) |
| Improvements Assessment | $97,000 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$75,000 (2025)
Improvements Assessment
$97,000 (2025)
Total Assessment
$172,000 (2025)
Annual Taxes
($11,000) (($1.00)/SF)
Tax Year
2026
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
Palatine Oil | 515 W Colfax St
