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271-285 E Helen Rd - Courtyard Centre 4,314 - 5,192 SF Industrial Condo Units Offered at $427,000 - $514,000 Per Unit in Palatine, IL 60067
Investment Highlights
- Introducing a rare opportunity to own or lease two (2) industrial/flex condo units totaling 9,506 square feet
- Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height
- Asset offers a versatile layout ideal for a variety of industrial, flex, and office uses.
Executive Summary
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.
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2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
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
Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height
Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use
Zoning: M – Manufacturing
Total Size: 9,506 SF (divisible)
Unit 273:
5,192 SF
For Sale: $514,000
Real Estate Taxes: $28,240.18
Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height
Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use
Zoning: M – Manufacturing
Sale Notes
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.
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.
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Availability: For sale or lease – individually or combined
Total Size: 9,506 SF (divisible)
Unit 277:
4,314 SF
For Sale: $427,000
Real Estate Taxes: $23,649.33
Drive-In Doors: One (1) total – one (1) per unit, each 14' in height
Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use
Zoning: M – Manufacturing
Total Size: 9,506 SF (divisible)
Unit 277:
4,314 SF
For Sale: $427,000
Real Estate Taxes: $23,649.33
Drive-In Doors: One (1) total – one (1) per unit, each 14' in height
Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use
Zoning: M – Manufacturing
Sale Notes
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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 273 | 5,192 SF | Industrial | $514,000 ($99.00/SF) | - |
| Unit 277 | 4,314 SF | Industrial | $427,000 ($98.98/SF) | - |
Unit 273
| Unit Size |
| 5,192 SF |
| Condo Use |
| Industrial |
| Price |
| $514,000 ($99.00/SF) |
| NOI |
| - |
Unit 277
| Unit Size |
| 4,314 SF |
| Condo Use |
| Industrial |
| Price |
| $427,000 ($98.98/SF) |
| NOI |
| - |
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Unit 273
| Unit Size | 5,192 SF |
| Condo Use | Industrial |
| Price | $514,000 ($99.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Availability: For sale or lease – individually or combined<br> Total Size: 9,506 SF (divisible)<br> Unit 273: <br> 5,192 SF<br> For Sale: $514,000<br> Real Estate Taxes: $28,240.18<br> Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height<br> Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use<br> Zoning: M – Manufacturing</li></ul> | |
| Sale Notes | |
| 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.<br> <br> The units offer a well-balanced mix of warehouse, storage, and office space, making them suitable for:<br> Light manufacturing or assembly<br> Storage/distribution with office<br> Service-based businesses<br> Creative or showroom uses<br> Owner-occupant or investor scenarios<br> <br> 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.</li></ul> |
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 277
| Unit Size | 4,314 SF |
| Condo Use | Industrial |
| Price | $427,000 ($98.98/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Availability: For sale or lease – individually or combined<br> Total Size: 9,506 SF (divisible)<br> Unit 277: <br> 4,314 SF<br> For Sale: $427,000<br> Real Estate Taxes: $23,649.33<br> Drive-In Doors: One (1) total – one (1) per unit, each 14' in height<br> Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use<br> Zoning: M – Manufacturing</li></ul> | |
| Sale Notes | |
| 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.<br> <br> The units offer a well-balanced mix of warehouse, storage, and office space, making them suitable for:<br> Light manufacturing or assembly<br> Storage/distribution with office<br> Service-based businesses<br> Creative or showroom uses<br> Owner-occupant or investor scenarios<br> <br> 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.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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271-285 E Helen Rd - Courtyard Centre
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