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$489,000 Just Listed
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Property Description
Prime commercial opportunity in Williamsburg Village, directly across from Harper College with excellent Roselle Road visibility. This 6,060 SF, three-level office building offers approximately 2,060 SF on the main level, 1,940 SF on the second floor and 2,060 SF on the lower level. The main level features a spacious reception area, 3 private offices/work rooms, conference room, kitchen and 2 restrooms. The second floor offers 4 offices/work rooms, conference room, lunch room and 2 restrooms. The lower level features 2 rooms, kitchen area and 2 restrooms, providing additional flexible workspace. Well-suited for an owner-user or investor with a versatile multi-level office configuration. B2 Business zoning with ample parking. Excellent location less than 2 miles from the Roselle Road/I-90 interchange, less than 5 miles from Woodfield Mall, approximately 15 miles from O'Hare International Airport and 30 miles from downtown Chicago.
Full Property Details
Full Property Details for 1621 W Colonial Pkwy
General
- Price: $489,000
- Taxes: $21,725 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12730036
- Updated: 8/14/2026
- Added to Site: 4 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Hydrants on Site, Smoke or Fire Protectors
Location
- Area: Inverness
- County: Cook
- Township: Palatine
- Driving Directions: North on Roselle to Colonial Parkway
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Building Heat, Forced Air, Gas
Structural Information
- Construction: Wood, Cedar
- Exterior Const.: Wood, Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 6,060
- Year Built: 1983
Lot Features
- Lot Dimensions: COMMON
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s, Hydrants On Site, Smoke or Fire Protectors
- Assessment Year: 1983
- Tax Amount: $21,725
- Tax Year: 2024
Disclosures and Reports
- Property ID: 2283010681004
Listed by Property Economics, Inc.
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Schools
Schools serving 1621 W Colonial Pkwy
School Districts:Township High School District 211, Palatine Community Consolidated School District 15
| Name | Grades | Distance |
|---|---|---|
Marion Jordan Elementary School 100 North Harrison Avenue, Palatine, IL 60067 | K-5 | 1.9 mi |
Wm Fremd High School 1000 South Quentin Road, Palatine, IL 60067 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1621 W Colonial Pkwy
Date
Details
Price
Change
Source
8/14/2026
Listed
$489,000
14.25%
MLS
8/19/2024
Sold
$428,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1621 W Colonial Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$19,436
—
$80,750
31%
2023
$19,436
3%
$61,773
—
2022
$18,908
-28%
$61,773
-19%
2021
$26,182
2%
$76,500
—
2020
$25,670
12%
$76,500
—
2019
$22,854
-32%
$76,500
-28%
2018
$33,692
2%
$105,674
—
2017
$32,996
7%
$105,674
—
2016
$30,831
-15%
$105,674
-8%
2015
$36,219
1%
$114,549
—
2014
$35,685
3%
$114,549
—
2013
$34,562
35%
$114,549
23%
2012
$25,514
—
$93,223
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1621 W Colonial Pkwy
1621 W Colonial Parkway, Inverness, IL 60067 (MLS# 12730036) is a Office property. 1621 W Colonial Parkway is currently listed for $489,000 and was received on August 14, 2026. Want to learn more about 1621 W Colonial Parkway? Do you have questions about finding other Office real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.

