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271-285 E Helen Rd
Palatine, IL 60067 Far Northwest Suburban Cook

$500,000 - $599,000 USD

Light Distribution Condos For Sale  •  4,314+ SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 25,847 SF
  • Lot Size 1.43 AC
  • Building Class B
  • Year Built 1987
  • Tenancy Multiple
  • Zoning M, Palatine
0 Transit Score
50 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 273 Industrial 5,192 SF $599,000 USD
  • Unit Size: 5,192 SF
  • Condo Use: Industrial
  • Price: $599,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $115.37 USD
Description
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
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

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.

1st Floor - Unit 277 Industrial 4,314 SF $500,000 USD
  • Unit Size: 4,314 SF
  • Condo Use: Industrial
  • Price: $500,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $115.90 USD
Description
Availability: For sale or lease – individually or combined
Total Size: 9,506 SF (divisible)
   Unit 277: 
     4,314 SF
     For Sale: $500,000
     Real Estate Taxes: $22,461.04
Drive-In Doors: One (1) total – one (1) per unit, each 14' in height
Office Buildout: Approx. 80% – 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.

Highlights

Introducing a rare opportunity to own or lease two (2) industrial/flex condo units totaling 9,506 square feet
Asset offers a versatile layout ideal for a variety of industrial, flex, and office uses.
Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height

Property Flyers

Financial Summary

Total Expenses: $8 USD

Major Tenants

Tenant SF Occupied Lease End Date
Duffy Co
J Harris & Co
TeamLogic IT

Amenities

  • 24 Hour Access
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.5 mi
Arlington Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.8 mi
AirportDriveWalkDistance
Chicago O'Hare International 23 min - 16.0 mi
Chicago Midway International 45 min - 32.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Mark Meskauskas 847-640-1500 Brian Properties, Inc.
Mark Meskauskas 847-640-1500 Brian Properties, Inc.