- For Sale $941,000
- Property Type Industrial - Flex - Industrial
- Property Size 9,506 SF
- Lot Size 1.42 Acre
- Property Tenancy Multi-Tenant
- Year Built 1987
- Date Updated May 11, 2026
- Grade Level Doors 2
- Electricity Service 400 amps per unit, backup generator powering both units
- Fire Sprinklers Other
- HVAC None
Description
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.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.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
Distribution and logistics
Creative or tech office users
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
- 4,314 SF
- 5,192 SF
- Availability: For sale or lease – individually or combined
- Drive-In Doors: Two (2) total – one (1) per unit, each 14' in height
- For Sale: $427,000
- For Sale: $514,000
- Lease Rate: $17.50 PSF Modified Gross (for both units)
- Office Buildout: Approx. 20% – easily reconfigurable for more open/flex use
- Real Estate Taxes: $23,649.33
- Real Estate Taxes: $28,240.18
- Shared Loading Dock: Unit 273 has access to a shared loading dock
- Total Size: 9,506 SF (divisible)
- Unit 273:
- Unit 277:
- Zoning: M – Manufacturing
False
Contacts
Mark Meskauskas
Brian Properties
Location
Contact Listing Broker
Mark Meskauskas
Brian Properties