Flex Space for Sale
273 - 277 E. Helen Rd.
Palatine, IL 60067, USA
Palatine, IL 60067, USA
| Price | $1,099,000 |
| Building Size | 9506 SF |
| Available SF | 4314 - 5192 SF |
| Rental Rate | $15.00 SF/yr |
| # of spaces | 2 Spaces |
| Taxes | $5.25 / SF |
| Zoning | M - Manufacturing |
| Year Built | 1987 |
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.
Location Overview
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.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
- Shared Loading Dock: Unit 273 has access to a shared loading dock
- Office Buildout: Approx. 80% – easily reconfigurable for more open/flex use
- Zoning: M – Manufacturing