Page 9 of the December 2018 Railpace states: "Former MCH CF7 2627 left Colebrookdale Railroad on October 31, 2018. The locomotive had been owned by a volunteer on the railroad."

Does anyone know where it went?

I remember seeing this one years ago in Clinton, NC, and it was in very rough shape then too.

This photo from 2016 shows it with "GLLX" reporting marks. GLLX is a leasing company based in Michigan, and often stores their locomotives on the West Michigan Railroad in Hartford, Michigan. They already own a CF7 (GLLX 2480), so perhaps it is going there? However GLLX has let other individual use their reporting marks to move equipment in the past.

Update: Locomotive is owned by someone else, GLLX is just loaning the reporting marks.
I have no idea where it is headed.