Compared to the rest of the Chicagoland market, the South Elgin submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 19 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 16% of the available space in the South Elgin are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1990.
Real time and historical data on commercial real estate listings in South Elgin.
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