Winfield IL Real Estate & Commercial for Sale

Distinctive Landmark Property! Exceptional Opportunity to Own A Unique Property Featuring Architectural Character & Historical Significance in the Heart of the Vibrant Downtown Community of Winfield. Outstanding Visibility! Easily Accessible! Ample Parking! This Property Presents Multiple Conversion Options such as a Restaurant, Microbrewery, Office Space, Retail, or Other Commercial Uses! Ideally Located within the Winfield Town Center, just steps from Northwestern Medicine - Central DuPage Hospital, Metra Commuter Station, and the Winfield Riverwalk, Park & Bandshell! Near the DuPage County Government Center! This is a Rare Chance to Transform a Landmark Property into a Dynamic Commercial or Mixed-Use Destination. Don't Miss This Exceptional Opportunity!

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.