Northwest Elgin Industrial

Northwest Elgin

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,500

Compared to the rest of the Chicagoland market, the Northwest Elgin submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Northwest Elgin Listing Supply

In the last 90 days, 257 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available space in the Northwest Elgin are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,670 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1999 and are Class B.

Northwest Elgin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of Northwest Elgin work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Northwest Elgin.
Research