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Compared to the rest of the Chicagoland commercial real estate market, the South Elgin region has more expensive rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 19 commercial real estate listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 16% of the available commercial real estate space in the South Elgin are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,500 sqft. Most properties in this market are around 1 stories. Most buildings in this area were built approximately 2002 and are Class C.
Real time and historical data on commercial real estate listings in South Elgin.
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