County Farm Office Center
$1,175,000
1n131 County Farm Rd, Winfield, IL 60190
1.8
Cap Rate
21,094
NOI
Details:
Highlights:
- Strategic Pricing: Offered at $1,175,000 ($84.53/SF)—well below modern replacement costs.
- Massive Seller Concession: Seller will pay off the entire Regus startup deficit at closing for a true clean-slate asset.
- Ultimate Landlord Control: Deficit payoff unlocks termination rights for restructuring, traditional leasing, or a 100% owner-user takeover.
- Regus-Anchored (IWG): Corporate operator occupies 66.45% of the building, currently stabilized at ~75% occupancy.
- Immediate Value-Add: In-place income from a lower-level MTM tenant plus 3,325 SF of turnkey vacancy ready for lease-up.
- Prime Medical Corridor: High-visibility corner (27,010 VPD) located less than 1 mile from the Northwestern Medicine CDH campus.
Description:
CLEAN-SLATE ACQUISITION & ULTIMATE LANDLORD CONTROL
eXp Commercial presents a strategic opportunity to acquire the fee-simple interest in the County Farm Office Center located at 1N131 County Farm Rd, Winfield, IL. Now offered at an aggressively realigned $1,175,000 ($84.53/SF), this ±13,900 SF corporate-anchored office asset comes with a massive, deal-making seller concession: the seller will completely pay off the Regus (IWG) startup operating deficit directly out of their own closing proceeds.
CORPORATE TENANCY & UNLOCKED TERMINATION RIGHTS
The asset's upper floors (66.45% of the rentable area) are anchored by Regus (International Workplace Group - IWG), the global leader in flexible workspace solutions. The heavy lifting and costly buildouts are completely finished, and the center is currently stabilized at ~75% occupancy. By having the seller wipe the historical startup ledger clean at closing, the incoming buyer bypasses early ramp-up costs entirely. More importantly, zero-balancing this deficit satisfies the operator's loss requirements, unlocking immediate contractual termination rights for the landlord. This gives an investor three distinct execution pathways:
Ride the Momentum: Keep the agreement active and collect scaling net profit payouts with a clean ledger.
Restructure & Lease: Consolidate the operator to a single floor and lease out the remaining space traditionally.
Owner-User Takeover: Exercise a full termination at closing to occupy the building as a corporate headquarters.
IMMEDIATE VALUE-ADD LEASE-UP
Beyond the corporate workspace footprint, low-risk upside is concentrated on the finished lower level. Base cash flow is supported by an existing month-to-month tenant. The remaining 3,325 SF of turnkey, finished lower-level vacancy is primed for immediate stabilization. Underwriting this remaining space at a conservative $16/SF provides a direct path to significantly expand net operating income.
STRATEGIC MEDICAL CORRIDOR
The property occupies a high-exposure signalized corner lot tracking over 27,010 vehicles per day within Central DuPage County’s premier professional node. It is situated less than one mile from the dominant Northwestern Medicine Central DuPage Hospital (CDH) campus. At $84.53/SF, this asset offers unparalleled operational flexibility at a fraction of modern suburban replacement costs.
-Well-located DuPage County office condominium in Winfield, Illinois, positioned near Roosevelt Road (IL-38) with convenient access to I-355, I-88, and surrounding suburban employment centers. The property benefits from proximity to medical, professional, and institutional users throughout Central DuPage County, offering an accessible alternative to higher-priced Oak Brook and Naperville office submarkets.
The building provides water, sewer, gas, trash, and common-area utilities. Tenants pay for electricity for in-suite lighting and outlets.
Office condominium located within a professionally managed suburban office development in Winfield, Illinois. The property offers surface parking, common area maintenance via association, and convenient access to Roosevelt Road (IL-38) and I-355. Surrounding uses include office, medical, and institutional properties throughout Central DuPage County.
Location
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