Elgin, IL Manufacturing Properties for Lease
- South Elgin, IL
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- Wauconda, IL
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Manufacturing properties for Lease in Nearby Cities
Similar Spaces for Sale in Elgin, IL
Elgin, IL Manufacturing properties Lease Rates & Market Statistics
Browse 7 Manufacturing properties for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 419,116 square feet of properties.
Asking lease rates for Manufacturing properties in Elgin start at $8.50 SF/Yr, average $11.13 SF/Yr, and reach $13.75 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $11.13 SF/Yr, the local average runs 11% below Illinois's state average of $12.53 SF/Yr.
Elgin accounts for 88% of the 8 manufacturing properties currently available across Kane County, where nearby markets include Batavia and Aurora. Manufacturing properties make up 16% of the 44 Industrial properties currently for lease in Elgin, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Flex space (20 listings) and Distribution centers (8 listings) elsewhere in the Elgin market.