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Listing provided courtesy of Berkshire Hathaway HomeServices Starck Real EstateMREDas Distributed by MLSGrid- MLS# 12606915MLS Provider

1124 W Colfax StreetPalatine, IL 60067

Vacant Land · 0.27 Acres
$140,000 Active

1124 W Colfax Street Overview

Time on Site:
89 days
Visits:
0

This is an opportunity to purchase 2 lots adjacent to each other or purchase separately. These parcels were zoned Planned Unit Development which allows for less setback between homes, allowing for larger structure footprint. This is 1 of 2 available lots which are next to each other. This parcel (1124 W. Colfax) is the undeveloped corner lot. Adjoining lot at 667 Morrison is also available for purchase. Refer to attached zoning plans.

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1124 W Colfax Street Facts & Features

  • Type Vacant Land
  • Lot 0.27 Acres

Details

General

School Information

  • School District: 211
  • High School: Palatine High School

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palatine
  • Township: Palatine

Tax Information

  • Tax Annual Amount: $1,347.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 02162020460000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 147
  • Frontage Type: City Street
  • Lot Size Acres: 0.27
  • Lot Size Dimensions: 147 X 81 X 148 X 81
  • Road Surface Type: Asphalt
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Nearby

1124 W Colfax Street Neighborhood

Community

60067 (Inverness) Demographics

42
Median Age
2,804
Population Density (per sq. mile)
68%
College Educated
$108,270
Estimated Median Income
11,862
Estimated Total Home Owners
3,501
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1124 W Colfax Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1124 W Colfax Street Market Data

Based on the last 30 days in this zip code

$605,058
Average List Price
$276
Average Price per Square Foot
44
Properties Sold
61
Average Days on Market
159
Properties for Sale
Calculations provided by Reliance Network

1124 W Colfax Street History

Date Event Value Agent
4/6/2026Source: MRED Status Change
Active
4/1/2026Source: MRED Added to Database
April 01, 2026