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24611700
24611701

273 E Helen Rd, Palatine, IL 60067

MM
IL 475.137201
Brian Properties, Inc.
Listed by Brian Properties, Inc.
$941,000
340 days on market
Updated 76 days ago

Courtyard Centre

Details
APN 02-23-114-041-1002; 02-23-114-041-1003
Property Type Industrial
Sub Type Flex
Units 2
Broker Co-Op Yes
Class B
Year Built 1987
Buildings 1
Stories 1
Zoning M - Manufacturing
Investment Type Owner/User
Ceiling Height 14
Loading Docks 1

Industrial

Marketing 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 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

Listing Contacts

MM
IL 475.137201
Brian Properties, Inc.
Listed by Brian Properties, Inc.

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