1N131 County Farm Rd - Office FOR SALE


$1,200,000 USD
630-333-3560
1N131 County Farm Rd, Winfield, IL for Sale
$1,200,000 USD
Office - FOR SALE
1/51
null | Request Cap Rate


HIGHLIGHTS

  • Total Rentable Area: 13,900 square feet of versatile space spread across multiple floors
  • Ideal for: Medical/Professional Office, Business Services, or other commercial uses allowed under COMMR zoning
  • Outstanding Location: Situated on a signalized corner with excellent exposure and high traffic counts. Convenient ingress and egress
  • Parking: Ample on-site parking is available, a critical feature for any medical or professional building.
  • Condition: The building has benefited from significant capital improvements, including a comprehensive gut rehab completed around 2016
  • Accessibility: Located just a short distance from major area amenities, including the DuPage County Courthouse and Central DuPage Hospital

OVERVIEW

Exceptional Owner/User or Investor Opportunity in DuPage County! 1N131 County Farm Rd, Winfield, IL 60190 Seize the opportunity to acquire a high-visibility commercial building perfectly suited for either an owner-user seeking a prominent corporate presence or a savvy investor looking for a stable asset in a prime location. Whether you plan to occupy the space and grow your business or capitalize on the demand for prime DuPage County commercial real estate, this property offers unmatched potential. This is a standout opportunity to secure a substantial, well-maintained commercial building in a top-tier market. Market Context & Valuation: CoStar suburban office comps: ~$100/sf Cap rate range: 7.5%–8.5% (higher due to profit-share and lease-up risk). Upside: The property has the potential for a 2x–3x NOI growth within 18–24 months as the Regus lease matures and the lower level is leased. Market Average Rental Rate if Regus vacates is $20/SF for the upper floors and $16/SF for the lower level, which is supported by lease comparable.) Additional Information: NNN LEASE STRUCTURE AS PROPERTY PREVIOUSLY OPERATED: The property has a lower level, or basement, that was previously occupied by Traditions Hospice. They recently vacated the space and were paying $3,500 per month. At one point, they leased the entire property for a base rent of $16,000 per month or $192,000 annually under a NNN lease, where they were also responsible for all their own utilities. This property presents a compelling investment opportunity with a very attractive cap rate. For a sales price of $1,200,000, the stabilized cap rate would be 16.00%. Please feel free to reach out with any questions. Anthony-630.333.3560cell Rocco-630.207.4434 cell

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

County Farm Office Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

180

LAND DETAILS

LAND ACRES

3.44 AC

LAND SF

149,846 SF

ZONING

B-1, Winfield

APN/PARCEL ID

04-01-401-022,04-01-401-023

ASK ABOUT THIS PROPERTY

Anthony CataneseColdwell Banker RealtyMore Info
630-333-3560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Anthony CataneseColdwell Banker RealtyMore Info
630-333-3560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.