1601 W Colonial Parkway Inverness, IL $ 440,000
1601 W Colonial Parkway
$ 440,000
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1601 W Colonial Parkway

Inverness, IL, 60067
$ 440,000
Baths0.0 Sq 6,528

Monthly Estimate*

$ 3,074

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Studio

Commercial Property for sale in Inverness, IL

for $440,000. This 6,528 square foot building was built in 1986.

Nestled in the charming Williamsburg Village, this exquisite brick office building with wood interior finishes spans two floors and a garden level, offering a truly convenient workplace. Situated along Roselle Road, this prime location boasts easy access to major transportation routes, including being just 5 minutes from I-90 and a mere 16 miles from O'Hare International Airport. Additionally, it is strategically positioned across the street from Harper College, making it an ideal setting for professionals. With its close proximity to Arlington Heights, Palatine, Barrington, Inverness, and Hoffman Estates, this location is truly advantageous. Spanning an impressive 6,528 square feet, this office building is wheelchair accessible and features a total of 22 private office suites, allowing for a flexible and versatile working environment. Upon front door entry, a center hall foyer greets visitors, providing a welcoming atmosphere and easy access to reception areas and restrooms on each level. The first floor includes a well-appointed conference room, while 4 larger offices throughout the building exude sophistication with cozy gas fireplaces with glass fireplace doors. The building also boasts the convenience of a full kitchen and a kitchenette, catering to various culinary needs. The garden level restroom features a shower and steam bath. For storage needs, there are closets on every floor. Each floor has it's own A/C zone. Background music is available in each office space, and internet/TV is available. Included in the pristine mechanical room is a sump pump with 2 battery back up sumps. Notably, most of the furnishings are included, ensuring a seamless transition into this remarkable space.

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Commercial Active

Price

$ 440,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 26,974

Style

Year Built

1986

Town/City

Inverness

County/Region

Cook

MLS | Web ID

11864273

Features
General
Cooling Central Air Zoned
Possession Closing Negotiable
Zoning COMMR
Construction Materials Brick
Year Built 1986
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Varies by Tenant
Stories 2
Township Palatine
Property SubType Condominium Office
Tax Year 2022
Gross Income 27000
County Cook
Net Operating Income 0
Operating Expense 51000
Property Type Commercial Sale Office/Tech
Possible Use Commercial Office and Research
Status Active
Directions I90 to exit 65 (Roselle Road). North on Roselle Road for 1.5 miles; left on W. Colonial Parkway; first left into parking lot; 1601 is on the right.
City Inverness
Total Units 1
MLS Area Inverness
Lot Size Square Feet 0
Street Name Colonial
Tax Annual Amount 26974
Additional Parcels Y/N N
Leasable Area 6000
Virtual Tour https://tour.vht.com/434337158/IDXS
Days on Market 259
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 6528
Lot Dimensions 0
Frontage Type Public Road
Exterior Brick
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Interior
Street Suffix Parkway
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* Excluded Features
List By
Compass

Broker

sharon.lear@compass.com

Email

Affordability Calculator

$5,321
Per Month
58%
42%
0%
Monthly Principal & Interest
$3,074
Monthly Property Taxes
$2,248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$440,000 -7.37% Price Down
8/24/2023$475,000 Listed Price

Map


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1601 W Colonial Parkway, Inverness, IL, 60067 is a Commercial Property for sale at $440,000 with 6,528 sqft. 1601 W Colonial Parkway is a studio with 0.0 baths and was built in 1986. The property's zip code is 60067 which is in Inverness, IL