Log In/Sign Up
Your email has been sent.
Contractor/Repair Yard 515 W Colfax St 11,000 SF Industrial Building Palatine, IL 60067 $2,050,000 ($186.36/SF)
Investment Highlights
- ±11,000 SF industrial building on 1 acre with 4,000 SF office and 7,000 SF warehouse. Ideal owner-user opportunity.
- Functional warehouse with up to 28' clear height, dock door, drive-in door, and ample power for industrial users.
- M zoning allows manufacturing, warehousing, distribution, contractor uses, and future expansion potential.
- Rare outdoor storage site with truck parking, trailer parking, contractor yard, fleet storage, and excess land.
- Prime Northwest suburban location near Route 53, I-90, O'Hare Airport, Metra, labor, and suppliers.
- Steven Kohn: 30 years specializing in Chicago infill industrial real estate. Solving challenges and making deals happen.
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
1 1
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
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Contractor/Repair Yard | 515 W Colfax St