Winfield, IL 60190,1N131 County Farm RD
Winfield, IL 60190,1N131 County Farm RD
Winfield, IL 60190,1N131 County Farm RD
Winfield, IL 60190,1N131 County Farm RD
Winfield, IL 60190,1N131 County Farm RD
Winfield, IL 60190,1N131 County Farm RD
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$ 999,999
Est. payment | /mo

13,900 SqFt


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$ 999,999
Est. payment | /mo
Save

13,900 SqFt

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 13,900 sqft

Price per Sqft $71

MLS Listing ID 12515273

Year Built 1987

Annual Tax Amount $20,199

Tax Year 2022

Lot Size 3.440 Acres

Lot Dimensions PER SURVEY

Property Sub-Type Office/Tech

Property Description

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. Property Highlights: Total Rentable Area: 13,900 square feet of versatile space spread across multiple floors (often listed as 2 or 3 stories). Ideal for: Medical/Professional Office, Business Services, or other commercial uses allowed under COMMR zoning. The property has a history of medical tenancy, making it turn-key for similar practices. Outstanding Location: Situated on a signalized corner with excellent exposure and high traffic counts. Convenient ingress and egress from multiple directions. Accessibility: Located just a short distance from major area amenities, including the DuPage County Courthouse and Central DuPage Hospital, and offers easy access to major thoroughfares. Condition: The building has benefited from significant capital improvements, including a comprehensive gut rehab completed around 2015/2016, ensuring modern infrastructure and a professional environment. Parking: Ample on-site parking is available, a critical feature for any medical or professional building. 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 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.

Location

State IL

County Dupage

Area Winfield

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Office/Tech

Midwest Real Estate Data (MRED) IDX
Listed by Rocco Zaccaro of  Coldwell Banker Realty 
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Evergreen Elementary School

    Public | PK - 4

  • 9

    Emerson Elementary School

    Public | KG - 5

  • 8

    Winfield Central School

    Public | 3 - 8

  • 8

    Pleasant Hill Elementary School

    Public | KG - 5

  • 8

    Madison Elementary School

    Public | PK - 5

  • 8

    Western Trails Elementary School

    Public | KG - 5

  • 8

    Longfellow Elementary School

    Public | KG - 5

  • 7

    Benjamin Middle School

    Public | 5 - 8

  • 7

    Heritage Lakes Elementary School

    Public | KG - 5

  • 7

    Roy de Shane Elementary School

    Public | PK - 5

  • 7

    Carl Sandburg Elementary School

    Public | KG - 5

  • 7

    Whittier Elementary School

    Public | KG - 5

  • 5

    Carol Stream Elementary School

    Public | KG - 5

  • 2

    Currier Elementary School

    Public | KG - 5

  • 1

    Indian Knoll Elementary School

    Public | KG - 5

  • 0

    Winfield Primary School

    Public | PK - 2

  • 0

    Visually Imparied Prgrms

    Public | 2 - 11

  • 0

    Wheaton Christian Grammar School

    Private | KG - 8

  • 0

    Bright Horizons Early Education Center

    Private | PK - TKG

  • 0

    Wheaton Montessori School

    Private | PK - 8

Middle Schools 4
  • 10

    Edison Middle School

    Public | 6 - 8

  • 7

    Monroe Middle School

    Public | 6 - 8

  • 7

    Jay Stream Middle School

    Public | 6 - 8

  • 0

    Dupage Alop

    Public | 6 - 12

High Schools 4
  • 10

    Wheaton North High School

    Public | 9 - 12

  • 9

    Glenbard North High School

    Public | 9 - 12

  • 0

    Wheaton Academy

    Private | 9 - 12

  • 0

    St Francis High School

    Private | 9 - 12

School and business data provided by Attom Data.
Mark Rantis

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1N131 County Farm RD