Elgin, IL Flex Space for Lease
- South Elgin, IL
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Similar Spaces for Sale in Elgin, IL
Elgin, IL Flex space Lease Rates & Market Statistics
Browse 22 Flex space listings for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 1,417,527 square feet of properties — an average of ~64,450 SF per listing.
Asking lease rates for Flex space in Elgin start at $8 SF/Yr, average $12.39 SF/Yr, and reach $17 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12.39 SF/Yr, the local average runs 15% below Illinois's state average of $14.65 SF/Yr.
Elgin accounts for 54% of the 41 flex space listings currently available across Kane County, where nearby markets include Aurora and Batavia. Flex space listings make up 47% of the 47 Industrial properties currently for lease in Elgin, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Distribution centers (9 listings) and Other industrial properties (8 listings) elsewhere in the Elgin market.
