Elgin, IL Retail Properties & Spaces for Lease
Elgin, IL Retail properties & Spaces Lease Rates & Market Statistics
Browse 70 Retail properties & Spaces for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 371,550 square feet of properties — an average of ~5,300 SF per listing.
Asking lease rates for Retail properties & Spaces in Elgin start at $18 SF/Yr, average $20.44 SF/Yr, and reach $25 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20.44 SF/Yr, the local average runs 5% below Illinois's state average of $21.57 SF/Yr.
Elgin accounts for 65% of the 108 retail properties & spaces currently available across Kane County, where nearby markets include Aurora and Geneva. By space type, the market includes 37 shopping centers, 7 storefront properties and 3 grocery and convenience stores.
