Fuel Station/Flex


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Location: 515 West Colfax, Palatine, IL, 60067
THIS AUCTION IS CLOSED

Fuel Station Plus Dispatch Building & Flex Building

Suggested Opening Bid: $600,000 


Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2014 Taxes:

$32,919.08 PIN #: 02-15-102-038

$7,308.10   PIN #: 02-15-102-043

Total Building Size: Approx. 8,590 sf

Lot Size: Approx. 30,000 sf

Zoning: M; Manufacturing

Formerly used as a wholesale distribution terminal, this property includes two buildings and a fueling station on approx. .69 acres with 300 feet of frontage along the southwest side of Colfax Street and approximately 100 feet of depth. 

The larger of the two buildings is an approx. 7,582 sf, two story, steel and masonry constructed flex building built in 1987. It features a foyer, a kitchen, 2 open office areas, conference room, small office on the west end, two rest rooms, a finished mezzanine storage area, main office, and 2 small offices on the second floor. This building has approximately 60% of finished office space and approximately 40% of warehouse space. The warehouse has skylights, a clear height of approximately 20 feet, and is served by one exterior truck dock and one, overhead drive-in door.

The second and smaller of the two buildings is an approx. 1,008 sf, one story dispatch building adjacent to the fueling station. It includes a drivers room, office, locker room and rest rooms.

The fueling station area features a large canopy, 12 fueling stations, and 8 underground fuel tanks. The surface parking lot includes spaces for 14 cars and 5 semi-trucks.

This property is located along the southwest side of Colfax Street, at Wanda Avenue in Palatine, Illinois.

View Property Flyer (PDF)

View Tank Information (PDF)

View Zoning Ordinance (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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