Elgin, IL Office Units for Lease
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Elgin, IL Office Units Lease Rates & Market Statistics
Browse 90 Office Units for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 1,832,021 square feet of properties — an average of ~20,350 SF per listing.
Asking lease rates for Office Units in Elgin start at $8 SF/Yr, average $16.72 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 $16.72 SF/Yr, the local average runs 28% below Illinois's state average of $23.07 SF/Yr.
Elgin accounts for 58% of the 156 office units currently available across Kane County, where nearby markets include Aurora and St Charles. Office Units make up 66% of the 136 Office Spaces currently for lease in Elgin, with asking rates in line with the citywide Office Spaces average. Tenants comparing options may also consider Medical Office Space (33 listings) and Office buildings (20 listings) elsewhere in the Elgin market.