1N131 County Farm Rd | 13,900 SF Office | Winfield, IL

The subject property is anchored by Regus under a management-style agreement, offering a differentiated investment profile compared to traditional leased office assets.

Ownership participates in net operating income generated by the Regus platform, rather than receiving fixed contractual rent. Current distributions total approximately $48,000 annually, reflecting early-stage operations during lease-up and ramp-up.

Since launching in early 2025, the location has demonstrated strong leasing momentum, reaching approximately 75% occupancy with over 100 tenant inquiries and approximately 40 executed agreements. This performance validates demand and supports continued revenue growth as the center approaches stabilization.

In addition to the Regus income stream, the lower level is partially occupied by a month-to-month tenant, providing in-place income while preserving flexibility for lease-up at market rents. The remaining vacancy offers a clear path to increasing traditional rental income alongside the Regus operating platform.

As occupancy increases and leasing progresses, income is expected to scale with limited incremental fixed costs, creating a performance-driven return profile. Projections reflect a phased ramp to approximately 85% occupancy, combining both operating income growth and traditional lease-up.

This investment offers a unique combination of in-place income, demonstrated operational traction, and measurable upside through two independent income streams within a high-demand DuPage County medical and professional corridor.

Location Description
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.

Highlights

• Regus-operated flexible office platform (management structure)
• Income driven by operating performance, not fixed rent
• ~75% occupancy achieved within first year
• Strong leasing velocity: 100+ inquiries, ~40 deals
• Early-stage income with significant upside remaining
• Dual income streams: Regus NOI + lower level rent
• Lower level partially occupied (MTM) with lease-up potential
• ~4,600 SF value-add vacancy
• Scalable income as occupancy stabilizes
• <1 mile to Northwestern Medicine CDH