Elk Grove Village Industrial Space

Elk Grove Village

Market Report

Number of Listings
Posted in the last 90 days
28
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,990

Elk Grove Village Rates

On average, listings lease in the $10's per square foot per year. The Elk Grove Village submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 48% decline in rent.

Compared to the rest of the Chicagoland market, the Elk Grove Village region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Elk Grove Village Listing Supply

In the last 90 days, 168 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the Elk Grove Village are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,990 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this region were built in 1979 and are Class B.

Elk Grove Village Community

Market Data

Real time and historical data on commercial real estate listings in Elk Grove Village.
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