Elk Grove Village, IL Flex Space for Lease
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Elk Grove Village, IL Flex space Lease Rates & Market Statistics
Explore 11 Flex space listings for lease in Elk Grove Village, IL on Realmo, a commercial real estate exchange covering the Elk Grove Village area. The current inventory totals 220,063 square feet of properties — an average of ~20,000 SF per listing.
Flex space lease rates in Elk Grove Village range from $11.95 SF/Yr at the entry level to $12.75 SF/Yr at the top of the market, averaging $12.36 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12.36 SF/Yr is 16% below the Illinois state average of $14.73 SF/Yr.
Elk Grove Village accounts for 4% of the 261 flex space listings currently available across Cook County, where nearby markets include Chicago and Schaumburg. Flex space listings make up 28% of the 39 Industrial properties currently for lease in Elk Grove Village, with asking rates averaging $12.36 SF/Yr — 10% above the citywide Industrial properties average of $11.23 SF/Yr. Tenants comparing options may also consider Other industrial properties (13 listings) and Distribution centers (5 listings) elsewhere in the Elk Grove Village market.