Courtyard Centre

$1,099,000

273 - 277 E. Helen Rd., Palatine, IL 60067

For Sale

Industrial Flex Space

Active

Last Updated: 06/18/2025

Details:

Building Size: 9,506 sqft

Lot Area: 1.4226 acres

Year Built: 1987

Floors: 1

Offered by

Mark R. Meskauskas

Broker

Brian Properties, Inc.

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Highlights:

Availability: For sale or lease – individually or combined
Total Size: 9,506 SF (divisible)
Unit 273:
5,192 SF
For Sale: $599,000
Real Estate Taxes: $26,820.96
Unit 277:
4,314 SF
For Sale: $500,000
Real Estate Taxes: $22,461.04
Lease Rate: $15.00 PSF NNN (for both units)
Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height
Office Buildout: Approx. 80% – easily reconfigurable for more open/flex use
Zoning: M – Manufacturing

Description:

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 1970 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.

Located in Palatine, IL, Courtyard Centre is surrounded by a thriving industrial and commercial area, making it an ideal investment or leasing opportunity for industrial/flex space tenants. The property is conveniently situated near major transportation routes, including I-90, and in close proximity to O'Hare International Airport, making logistics and shipping operations efficient and convenient. The area also boasts a strong workforce and access to top-tier amenities, such as dining, shopping, and recreational facilities, providing an attractive lifestyle for employees and visitors. Nearby points of interest include Harper College and the Deer Park Town Center, enhancing the appeal of the location to potential tenants and investors.

400 amps per unit, backup generator powering both units