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  3. Palatine, IL
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  5. 124 W Colfax St
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124 W Colfax St

124 Colfax St, Palatine, IL, 60067

YEAR BUILT

2002

# STORIES

5

# TOTAL UNITS

33

UNIT SIZE RANGE

900-1,413 sqft

Description

The building at 124 W Colfax St is located in downtown Palatine. This mid-rise structure stands 5 stories tall and contains 33 total units. It was built in 2002 and reflects modern architecture. The location makes it easy to access local shops and public transport. Units in the building come in 1 and 2-bedroom options, ranging from 900 to 1,413 square feet. Recent sale prices for homes here vary from $305,000 to $355,000. The average price per square foot sits around $248. Homes spend about 72 days on the market, allowing buyers some time to consider their choices. Residents enjoy several amenities that add to their comfort. There's a heated garage, in-unit laundry, and storage units available. The building also has security lighting, an intercom system, and wheelchair access. Shared spaces include a party room and bike storage for those who enjoy cycling. Living here means being just a short walk from great dining spots. Emmett's Tavern & Brewing Co is nearby for casual meals. Families appreciate the closeness to schools like Immanuel Lutheran School and Jamm Communications. Parks and a farmers market also provide options for recreation. The design of the units features open floor plans and high ceilings. Many homes include walk-in closets and private balconies, offering personal outdoor spaces. The city views from some units add an extra touch to the living experience. This building provides a welcoming community atmosphere in a lively neighborhood.

Building ImageMLS ID #12147079
Building ImageMLS ID #12116510
Building Image
Building ImageView Listing

124 W Colfax St

124 Colfax St, Palatine, IL, 60067

YEAR BUILT

2002

# STORIES

5

# TOTAL UNITS

33

UNIT SIZE RANGE

900-1,413 sqft

Description

The building at 124 W Colfax St is located in downtown Palatine. This mid-rise structure stands 5 stories tall and contains 33 total units. It was built in 2002 and reflects modern architecture. The location makes it easy to access local shops and public transport. Units in the building come in 1 and 2-bedroom options, ranging from 900 to 1,413 square feet. Recent sale prices for homes here vary from $305,000 to $355,000. The average price per square foot sits around $248. Homes spend about 72 days on the market, allowing buyers some time to consider their choices. Residents enjoy several amenities that add to their comfort. There's a heated garage, in-unit laundry, and storage units available. The building also has security lighting, an intercom system, and wheelchair access. Shared spaces include a party room and bike storage for those who enjoy cycling. Living here means being just a short walk from great dining spots. Emmett's Tavern & Brewing Co is nearby for casual meals. Families appreciate the closeness to schools like Immanuel Lutheran School and Jamm Communications. Parks and a farmers market also provide options for recreation. The design of the units features open floor plans and high ceilings. Many homes include walk-in closets and private balconies, offering personal outdoor spaces. The city views from some units add an extra touch to the living experience. This building provides a welcoming community atmosphere in a lively neighborhood.

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Description

The building at 124 W Colfax St is located in downtown Palatine. This mid-rise structure stands 5 stories tall and contains 33 total units. It was built in 2002 and reflects modern architecture. The location makes it easy to access local shops and public transport. Units in the building come in 1 and 2-bedroom options, ranging from 900 to 1,413 square feet. Recent sale prices for homes here vary from $305,000 to $355,000. The average price per square foot sits around $248. Homes spend about 72 days on the market, allowing buyers some time to consider their choices. Residents enjoy several amenities that add to their comfort. There's a heated garage, in-unit laundry, and storage units available. The building also has security lighting, an intercom system, and wheelchair access. Shared spaces include a party room and bike storage for those who enjoy cycling. Living here means being just a short walk from great dining spots. Emmett's Tavern & Brewing Co is nearby for casual meals. Families appreciate the closeness to schools like Immanuel Lutheran School and Jamm Communications. Parks and a farmers market also provide options for recreation. The design of the units features open floor plans and high ceilings. Many homes include walk-in closets and private balconies, offering personal outdoor spaces. The city views from some units add an extra touch to the living experience. This building provides a welcoming community atmosphere in a lively neighborhood.

124 W Colfax St Market Stats Last 12 months

Avg. Listed Price$326,900($252/Sqft.)
Avg. Sale Price$326,667($248/Sqft.)
Year over year list priceUp Arrow3.41%
Year over year sale priceUp Arrow 8.89%
Total Listings2 Listed
Total sold3 Sold
Average Days on Market72 days
Average HOA fees per sqft$4 /monthly
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Market Stats

Year over year list priceUp Arrow3.41%
Year over year sale priceUp Arrow8.89%
Total Listings2 Listed
Total sold3 Sold
Average Days on Market72 days
Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

124 W Colfax St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 409409130022282025-09-16
MLS#: 12444898 		Closed$355,000
Unit 301301130022422025-09-09
MLS#: 12431883 		Closed$305,000
Unit 4014011375221462025-01-27
MLS#: 12147079 		Closed$320,000
Unit 301
301

2 Beds

2 Baths

1300 sqft

DateStatusPrice
2025-09-09Closed$305,000
MLS#: 12431883
Days On Market42
Unit 401
401

2 Beds

2 Baths

1375 sqft

DateStatusPrice
2025-01-27Closed$320,000
MLS#: 12147079
Days On Market146
Unit 409
409

2 Beds

2 Baths

1300 sqft

DateStatusPrice
2025-09-16Closed$355,000
MLS#: 12444898
Days On Market28
View Complete Unit Listing HistorySource By: MRED

Amenities

As a resident of 124 W Colfax St, you’ll enjoy a host of fantastic amenities designed for convenience and comfort. An intercom system adds an extra layer of security, while the wheelchair-oriented design ensures accessibility for all. Each unit offers the perk of a private laundry hookup, which will make laundry days a breeze. Need to socialize? The party room is perfect for hosting friends and family. For outdoor enthusiasts, the building is conveniently located near bike trails, allowing you to explore the beautiful surrounding areas. Plus, the elevator provides easy access to all levels, making moving day—and everyday life—just a little smoother.

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Amenities Description

As a resident of 124 W Colfax St, you’ll enjoy a host of fantastic amenities designed for convenience and comfort. An intercom system adds an extra layer of security, while the wheelchair-oriented design ensures accessibility for all. Each unit offers the perk of a private laundry hookup, which will make laundry days a breeze. Need to socialize? The party room is perfect for hosting friends and family. For outdoor enthusiasts, the building is conveniently located near bike trails, allowing you to explore the beautiful surrounding areas. Plus, the elevator provides easy access to all levels, making moving day—and everyday life—just a little smoother.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Security Lighting

Security Lighting

Private Laundry Hkup

Private Laundry Hkup

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Wheelchair Orientd

Wheelchair Accessible

Balcony

Balcony

Policies

Thinking about bringing a furry friend along? You’ll be pleased to know that 124 W Colfax St is pet-friendly, with policies that welcome cats and dogs—just keep in mind the size and number limits. Such flexibility allows you to share your space with beloved companions, making your condo feel even more like home.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
124 W Colfax St$248/sqft.$4 /sqft.
Wellington Court$248/sqft.$4 /sqft.
235 N Smith St$262/sqft.$4 /sqft.
The Metropolitan$262/sqft.$4 /sqft.
Georgetown$173/sqft.$4 /sqft.
Georgetown$213/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to 124 W Colfax St.

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|0.24 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|0.59 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|0.59 miles away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|0.61 miles away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|0.66 miles away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|0.71 miles away
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Schools

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|Less than 1 Mile Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|Less than 1 Mile Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|Less than 1 Mile Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|Less than 1 Mile Away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|Less than 1 Mile Away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|Less than 1 Mile Away

Kirk School

--
Public|Grades –
520 S Plum Grove R...|1.33 Miles Away

Walter R Sundling Jr High School

D+
Public|Grades 7–8
1100 N Smith St|1.38 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.65 Miles Away

Winston Campus Jr High School

D+
Public|Grades 7–8
120 N Babcock Dr|1.73 Miles Away

Pleasant Hill Elementary School

A-
Public|Grades KG–6
434 W Illinois Ave|1.79 Miles Away

Winston Campus Elementary School

B+
Public|Grades PK–6
900 E Palatine Rd|1.80 Miles Away

Marion Jordan Elementary School

B-
Public|Grades KG–6
100 N Harrison Ave|1.89 Miles Away

New Connection's Academy

--
Private|Grades 1–12
865 E Wilmette Rd ...|1.98 Miles Away

North Campus

--
Public|Grades 9–12
335 E Illinois Ave|2.02 Miles Away

Virginia Lake Elementary School

D
Public|Grades PK–6
925 N Glenn Dr|2.05 Miles Away

Jane Addams Elementary School

D
Public|Grades PK–6
1020 E Sayles Dr|2.16 Miles Away

St Thomas of Villanova School

--
Private|Grades PK–8
1141 E Anderson Dr|2.19 Miles Away

Wm Fremd High School

B
Public|Grades 9–12
1000 S Quentin Rd|2.31 Miles Away

Palatine High School

B
Public|Grades 9–12
1111 N Rohlwing Rd|2.40 Miles Away

Hunting Ridge Elementary School

B+
Public|Grades KG–6
1105 W Illinois Av...|2.43 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Palatine

0.2 miles away|4 min walk

The Neighbourhood: 124 W Colfax St

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124 W Colfax St Demographics

Age Demographics

0–14 Years

18.59%

15–29 Years

14.42%

30–44 Years

18.8%

45–59 Years

24.54%

60+ Years

23.66%

Commute

6.18%

Transit

2.95%

Walk

77.23%

Drive

0.03%

Bike

Housing Ownership

64.79%

Owner Occupied

35.21%

Rental Units

Household Types

Single Family
24.42%
Multi Family
6.09%
Single Person
33.24%
Multi Person
66.76%

Average Income

Household:$9,899,266.09 /yr

Individual:$5,339,430.85 /yr

Education

Bachelors Degree32.56%
High School College16.65%
Diploma8.29%
Post Graduate20.4%
Others22.1%
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Education

Diploma8.29%
Post Graduate20.4%
Others22.1%
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    124 W Colfax St
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