County Farm Office Center

Highlights

• ±13,870 SF two-story office building with elevator
• Regus occupies entire first and second floors under long-term license
• Finished, vacant lower level provides immediate leasing or owner-user upside
• Less than one mile from Northwestern Medicine Central DuPage Hospital
• A flexible license structure allows future reconfiguration or partial recapture
• Favorable utility and expense allocation
• Conservative underwriting with clear income growth potential
• Supply-constrained western suburban office/medical corridor

Description

1N131 County Farm Rd is a ±13,870 square foot, two-story office building located less than one mile from Northwestern Medicine Central DuPage Hospital, within a highly supply-constrained western suburban office and medical corridor.

The property is anchored by Regus, one of the world’s largest flexible office operators, occupying the entire first and second floors under a long-term license agreement. Regus has made a meaningful operational investment in the building and is actively executing its lease-up strategy. While utilization is still maturing, recent activity indicates improving occupancy and momentum consistent with Regus’s projected ramp profile.

The Regus license structure provides contractual base income today with meaningful forward upside as occupancy increases, while preserving flexibility not typically available in traditional long-term office leases. Subject to notice, the framework allows for future space reconfiguration or partial recapture, supporting owner-user or hybrid investment strategies.

The finished, separately accessible lower level is currently vacant and offers immediate upside. The space is well suited for medical, professional, or specialty office users seeking proximity to the hospital campus at a cost basis well below institutional medical office rents. A buyer may lease this space independently to accelerate stabilization or occupy it directly while Regus income offsets a substantial portion of operating expenses.

Operating expenses are favorably structured. Water, sewer, and trash are covered through the Association, and Regus is responsible for electric service to its occupied floors. Remaining owner utility exposure is limited primarily to common areas and the lower level, supporting a lean expense profile relative to comparable suburban office assets.

The offering is underwritten conservatively based on current in-place income rather than full stabilization. Market rent data supports both the Regus ramp scenario and a traditional office or medical leasing fallback, providing a defensible downside with clear upside potential.

In a market where new office and medical development has effectively stalled, 1N131 County Farm Rd offers immediate functionality, a recognizable tenant platform, and multiple execution paths in a location expected to remain supply-constrained for the foreseeable future.

-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.