1626 Colonial Parkway Inverness, IL ^$ 475,000

1626 Colonial Parkway

^$ 475,000

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Recently Listed

1626 Colonial Parkway

Inverness, IL, 60067

^$ 475,000

Bedrooms-- Baths-- Sq 6,476

Monthly Estimate*

^$ 2,999

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Commercial Property for sale in Inverness, IL

for $475,000. This 6,476 square foot building was built in 1986.

Set in a park-like environment with flowing waterways and brick-paved roads and walkways; Located only minutes away from expressways, tollways, O'Hare International Airport and downtown Chicago. Lower level office space in the building vacant for buyer to occupy. 1st & 2nd Floors fully leased with long standing tenants. Lease expiration 2028.

Commercial Active

Price

^$ 475,000

Property Type

Commercial

Taxes

^$ 21,725

Style

Year Built

1986

Town/City

Inverness

County/Region

Cook

MLS | Web ID

12726325

Features

General

Cooling Central Air Central Individual

Roof Composition

Zoning OFFIC

Construction Materials Wood Cedar

Year Built 1986

Electric Circuit Breakers Service - 101 to 200 Amps

Stories Count 2

Township Palatine

Property Subtype Condominium

Tax Year 2024

Gross Income 73044

County Cook

Net Operating Income 21240

Operating Expense 29804

Property Type Commercial Sale Office/Tech

Status New

Directions North on Roselle to Colonial Parkway

City Inverness

MLS Area Inverness

Lot Size Square Feet 0

Tax Annual Amount 21725

Additional Parcels Y/N N

Leasable Area 2208

Standard Status Active

Cap Rate 4.47

Exterior

Foundation Details Concrete Perimeter

Building Area Total 6476

Lot Dimensions NA

* Excluded Features

List By

New London Realty Inc

Broker

lwebber@newlondonassoc.com

Affordability Calculator

$4,810

Per Month

Monthly Principal & Interest: $2,999
Monthly Property Taxes: $1,810
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Inverness, IL

Average List Price ^$475,000

Percent of Sale Price 0%

About Inverness, IL

7,316 Population

-3% Since 2002

^$146,580 Median Income

50.08 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/6/2026	$475,000		Listed Price

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1626 Colonial Parkway, Inverness, IL, 60067 is a Commercial Property for sale at $475,000 with 6,476 sqft. 1626 Colonial Parkway was built in 1986. The property's zip code is 60067 which is in Inverness, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 8/7/2026.

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1626 Colonial Parkway

Commercial Property for sale in Inverness, IL

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