Elgin, IL Office Spaces for Lease
- South Elgin, IL
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Elgin, IL Office Spaces Lease Rates & Market Statistics
Browse 125 Office Spaces for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 2,280,808 square feet of properties — an average of ~18,250 SF per listing.
Asking lease rates for Office Spaces in Elgin start at $8 SF/Yr, average $16.99 SF/Yr, and reach $37.77 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $16.99 SF/Yr, the local average runs 24% below Illinois's state average of $22.45 SF/Yr.
Elgin accounts for 61% of the 206 office spaces currently available across Kane County, where nearby markets include Aurora and St Charles. By space type, the market includes 83 office units, 28 medical office space listings and 18 office buildings — office units typically offer the lowest entry point, while medical office space commands the highest rates.
