Elgin, IL Retail Properties & Spaces for Lease
- South Elgin, IL
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Elgin, IL Retail properties & Spaces Lease Rates & Market Statistics
Browse 83 Retail properties & Spaces for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 352,840 square feet of properties — an average of ~4,250 SF per listing.
Asking lease rates for Retail properties & Spaces in Elgin start at $19 SF/Yr, average $19.40 SF/Yr, and reach $20 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $19.40 SF/Yr, the local average runs 13% below Illinois's state average of $22.38 SF/Yr.
Elgin accounts for 59% of the 140 retail properties & spaces currently available across Kane County, where nearby markets include Aurora and Geneva. By space type, the market includes 42 shopping centers, 10 storefront properties and 4 automotive properties.