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707 W Colfax St
Palatine, IL 60067 Downtown Palatine

$950 USD/MO

Office For Lease  •  600+ SF

Property Details

  • Property Type Office
  • Year Built 1980
  • Total Building Size 2,400 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning M
30 Transit Score
40 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste A Office 600 SF $19.00 USD/SF/YR
Flexible Office Space Near Downtown Palatine | Full Building or Individual Suites Available
Position your business in a highly visible, commuter-friendly location just steps from the Palatine Metra Station.
This two-story office building offers four private suites (approximately 600 SF each)—with two units per floor—providing flexibility for a wide range of users. Lease a single suite or secure the entire building for a larger footprint.
Ideal for:
Medical users, professional services, co-working concepts, boutique firms, wellness providers, and more.
Property Highlights:
4 total suites | ~2,400 SF total building
600 SF per unit – efficient, functional layouts
Lease individually or entire building
New exterior signage planned for strong street visibility
Parking lot to be repaved with ~20 dedicated spaces
Walkable to downtown Palatine amenities, dining, and transit
Excellent access for commuters and clients
This is a rare opportunity to establish your presence in a growing, high-demand suburban market with built-in flexibility to scale.

  • Date available: May 2026
  • Lease term: Negotiable
  • Service type: Plus All Utilities
  • Space Type: New
1st Floor Ste B Office 600 SF $19.00 USD/SF/YR
Flexible Office Space Near Downtown Palatine | Full Building or Individual Suites Available
Position your business in a highly visible, commuter-friendly location just steps from the Palatine Metra Station.
This two-story office building offers four private suites (approximately 600 SF each)—with two units per floor—providing flexibility for a wide range of users. Lease a single suite or secure the entire building for a larger footprint.
Ideal for:
Medical users, professional services, co-working concepts, boutique firms, wellness providers, and more.
Property Highlights:
4 total suites | ~2,400 SF total building
600 SF per unit – efficient, functional layouts
Lease individually or entire building
New exterior signage planned for strong street visibility
Parking lot to be repaved with ~20 dedicated spaces
Walkable to downtown Palatine amenities, dining, and transit
Excellent access for commuters and clients
This is a rare opportunity to establish your presence in a growing, high-demand suburban market with built-in flexibility to scale.

  • Date available: May 2026
  • Lease term: Negotiable
  • Service type: Plus All Utilities
  • Space Type: New
2nd Floor Ste C Office 600 SF $19.00 USD/SF/YR
Flexible Office Space Near Downtown Palatine | Full Building or Individual Suites Available
Position your business in a highly visible, commuter-friendly location just steps from the Palatine Metra Station.
This two-story office building offers four private suites (approximately 600 SF each)—with two units per floor—providing flexibility for a wide range of users. Lease a single suite or secure the entire building for a larger footprint.
Ideal for:
Medical users, professional services, co-working concepts, boutique firms, wellness providers, and more.
Property Highlights:
4 total suites | ~2,400 SF total building
600 SF per unit – efficient, functional layouts
Lease individually or entire building
New exterior signage planned for strong street visibility
Parking lot to be repaved with ~20 dedicated spaces
Walkable to downtown Palatine amenities, dining, and transit
Excellent access for commuters and clients
This is a rare opportunity to establish your presence in a growing, high-demand suburban market with built-in flexibility to scale.

  • Date available: May 2026
  • Lease term: Negotiable
  • Service type: Plus All Utilities
  • Space Type: New
2nd Floor Ste D Office 600 SF $19.00 USD/SF/YR
Flexible Office Space Near Downtown Palatine | Full Building or Individual Suites Available
Position your business in a highly visible, commuter-friendly location just steps from the Palatine Metra Station.
This two-story office building offers four private suites (approximately 600 SF each)—with two units per floor—providing flexibility for a wide range of users. Lease a single suite or secure the entire building for a larger footprint.
Ideal for:
Medical users, professional services, co-working concepts, boutique firms, wellness providers, and more.
Property Highlights:
4 total suites | ~2,400 SF total building
600 SF per unit – efficient, functional layouts
Lease individually or entire building
New exterior signage planned for strong street visibility
Parking lot to be repaved with ~20 dedicated spaces
Walkable to downtown Palatine amenities, dining, and transit
Excellent access for commuters and clients
This is a rare opportunity to establish your presence in a growing, high-demand suburban market with built-in flexibility to scale.

  • Date available: May 2026
  • Lease term: Negotiable
  • Service type: Plus All Utilities
  • Space Type: New

Description

Flexible Office Space Near Downtown Palatine | Full Building or Individual Suites Available
Position your business in a highly visible, commuter-friendly location just steps from the Palatine Metra Station.
This two-story office building offers four private suites (approximately 600 SF each)—with two units per floor—providing flexibility for a wide range of users. Lease a single suite or secure the entire building for a larger footprint.
Ideal for:
Medical users, professional services, co-working concepts, boutique firms, wellness providers, and more.
Property Highlights:
4 total suites 
600 SF per unit – efficient, functional layouts
Lease individually or entire building
New exterior signage planned for strong street visibility
Parking lot to be repaved with ~12-15 dedicated spaces
Walkable to downtown Palatine amenities, dining, and transit
Excellent access for commuters and clients
This is a rare opportunity to establish your presence in a growing, high-demand suburban market with built-in flexibility to scale.

Highlights

Blocks to the Palatine Train Station, Street Visibility, Flex Configurations

Property Flyers

Amenities

  • Drop Ceiling
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 14 min 0.7 mi
Arlington Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 10 min - 4.1 mi
Transit/SubwayDriveWalkDistance
Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
Chicago O'Hare International 45 min - 19.5 mi
Chicago Midway International 59 min - 35.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Edan Gelt 224-545-9454 Mint Marketing Group
Edan Gelt 224-545-9454 Mint Marketing Group