Downtown Elgin Retail

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Downtown Elgin

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
860
As of: May 25, 2017

Downtown Elgin Rates

Compared to the rest of the Chicagoland market, the Downtown Elgin region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Downtown Elgin Listing Supply

In the last 90 days, 0 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the Downtown Elgin are subleases, so you will probably have to focus your search on direct office leases. 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 860 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 1925 and are Class C.

Downtown Elgin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Elgin folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Elgin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Elgin.
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Elgin Submarkets