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$599,900

  • For Sale
  • Active
  • Commercial
  • 4,800 Sq. Ft.
  • Updated 2 hours ago
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PRIME LOCATION and GREAT VISIBILITY on this well known corridor of Businesses near Downtown Palatine and across from Palatine Post Office. Original Owners of this flagship Welding and Fabricating business have Retired and this almost 5000 sq. ft. Building Offers a Blank Canvas for YOU!!!! Excellent Street and Sign Exposure with 15' Ceiling Heights, 4 Overhead Garage Doors, Large Back and Side Lots with a Steel Shipping Container included for Extra Storage, 2 Large Inside Loft Spaces, 2 Bathrooms and a Small Cozy Office. This is a Must See as Owners are offering Building less than Appraised Value-Built to Last with Lots of Extras! Inside Space offers endless Possibilities to Start/Move/Expand your Business. Now Vacant and Easy to Show. Truly "One of a Kind".

Full Property Details for 605 W Colfax St

General

  • Price: $599,900
  • Taxes: $27,023 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12702962

Location

  • Area: Palatine
  • County: Cook
  • Driving Directions: From Quentin Rd go East on South side of Street From Smith Rd go West on South side of Street Near Palatine Post Office
  • Location Details: Northwest Suburban, Mixed-Use Area, Public Transport Avail

Heating & Cooling

  • Cooling Type: Office Only
  • Heating Type: Ceiling Units, Gas, Ceiling Fans

Structural Information

  • Construction: Brick, Block, Steel Siding
  • Exterior Const.: Brick, Block, Steel Siding
  • Drive-In Doors: 4
  • Stories/Levels: 1
  • Square Feet: 4,800
  • Year Built: 1968
  • Built Before 1978: Yes

Unit Information

  • Extra Storage Avail: Yes

Lot Features

  • Lot Size (Sq. Ft.): 10,400
  • Lot Dimensions: 103 x 100
  • Zoning: INDUS

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assessment Year: 1968
  • Tax Amount: $27,023
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 2151020420000

Listed by Keith C. Vargo Enterprises

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Listing agent

— 605 W Colfax St —

  • Keith C. Vargo Enterprises

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 605 W Colfax St

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Gray M Sanborn Elementary School
101 North Oak Street, Palatine, IL 60067
K-51.1 mi
Walter R Sundling Jr High School
1100 North Smith Street, Palatine, IL 60067
6-80.9 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 605 W Colfax St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$27,023
—
$99,000
8%
2023
$27,023
3%
$91,277
—
2022
$26,142
-19%
$91,277
-8%
2021
$32,264
2%
$99,345
—
2020
$31,783
12%
$99,345
—
2019
$28,491
6%
$99,345
15%
2018
$26,813
2%
$86,280
—
2017
$26,306
8%
$86,280
—
2016
$24,464
-5%
$86,280
3%
2015
$25,666
1%
$83,534
—
2014
$25,354
3%
$83,534
—
2013
$24,706
4%
$83,534
-6%
2012
$23,713
—
$88,448
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keith C. Vargo Enterprises

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605 W Colfax Street, Palatine, IL 60067 (MLS# 12702962) is a Commercial property. 605 W Colfax Street is currently listed for $599,900 and was received on July 12, 2026. Want to learn more about 605 W Colfax Street? Do you have questions about finding other Commercial real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.

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