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For Sale

Courtyard Centre

271 - 285 E. Helen Rd.,
Palatine, IL 60067

Asset Snapshot

1987
Year Built
1
Floor Count
1
Building Count

Offering Summary

Investment Overview

Introducing a rare opportunity to own or lease two (2) industrial/flex condo units totaling 9,506 square feet in a well-maintained industrial condominium building. Constructed in 1987 and zoned M (Manufacturing), this asset offers a versatile layout ideal for a variety of industrial, flex, and office uses. The units offer a well-balanced mix of warehouse, storage, and office space, making them suitable for: Light manufacturing or assembly Storage/distribution with office Service-based businesses Creative or showroom uses Owner-occupant or investor scenarios The property’s divisible floor plan and dual-entry configuration support a range of operational needs, while the existing condition allows for near-immediate occupancy or minimal buildout for custom use.


Investment Highlights

  • Availability: For sale or lease – individually or combined
  • Total Size: 9,506 SF (divisible)
  • Unit 273:
  • 5,192 SF
  • For Sale: $514,000
  • Real Estate Taxes: $28,240.18
  • Unit 277:
  • 4,314 SF
  • For Sale: $427,000
  • Real Estate Taxes: $23,649.33
  • Lease Rate: $17.50 PSF Modified Gross (for both units)
  • Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height
  • Shared Loading Dock: Unit 273 has access to a shared loading dock
  • Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use
  • Zoning: M – Manufacturing

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Listing Syndicated From

Buildout
For Sale
$941,000
Asking Price