Elk Grove Village Office Space

Elk Grove Village

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
4,125
As of: December 3, 2016

Elk Grove Village Rates

On average, listings lease in the $30's per square foot per year. The Elk Grove Village submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 98% increase in rent.

Compared to the rest of the Chicagoland market, the Elk Grove Village submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Elk Grove Village Listing Supply

In the last 90 days, 28 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,030 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 1980 and are Class B.

Elk Grove Village Community

Market Report

Trends and status of the commercial real estate market in Elk Grove Village.
Market Report

Market Data

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