Elgin, IL Shopping Centers for Lease
- South Elgin, IL
- Streamwood, IL
- Bartlett, IL
- Wauconda, IL
- Sleepy Hollow, IL
- Carpentersville, IL
- Schaumburg, IL
- St Charles, IL
Elgin, IL Shopping centers Lease Rates & Market Statistics
Browse 38 Shopping centers for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 280,178 square feet of properties — an average of ~7,350 SF per listing.
Asking lease rates for Shopping centers in Elgin start at $19 SF/Yr, average $21.33 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 $21.33 SF/Yr, the local average runs 18% above Illinois's state average of $18.08 SF/Yr.
Elgin accounts for 93% of the 41 shopping centers currently available across Kane County, where nearby markets include Geneva and Aurora. Shopping centers make up 54% of the 70 Retail properties & Spaces currently for lease in Elgin, with asking rates in line with the citywide Retail properties & Spaces average. Tenants comparing options may also consider Storefront properties (8 listings) and Automotive properties (3 listings) elsewhere in the Elgin market.
