Elgin, IL Warehouses for Lease
- South Elgin, IL
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Elgin, IL Warehouses Lease Rates & Market Statistics
Browse 36 Warehouses for lease in Elgin, IL on Realmo, a commercial real estate marketplace serving the Elgin area. The current inventory totals 3,468,576 square feet of properties — an average of ~96,350 SF per listing.
Asking lease rates for Warehouses in Elgin start at $7.50 SF/Yr, average $7.50 SF/Yr, and reach $7.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $7.50 SF/Yr, the local average runs 42% below Illinois's state average of $12.87 SF/Yr.
Elgin accounts for 39% of the 93 warehouses currently available across Kane County, where nearby markets include Aurora and Batavia.