Compared to the rest of the Chicagoland market, the South Elgin submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the South Elgin are subleases, so you might be able to snag a great spot on a short term. 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 1,500 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1990.
Real time and historical data on commercial real estate listings in South Elgin.
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