Commercial Real Estate Listings in South Elgin, IL
The South Elgin real estate market has a lot to offer.
You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Industrial
4
57,600 Sq. Ft.
Office
3
66,265 Sq. Ft.
Retail
3
202,354 Sq. Ft.
Office
20.31%
Retail
62.03%
Industrial
17.66%
Top Locations for Commercial Space in South Elgin, IL
Depending on the type of space that you’re looking for, different areas of South Elgin may suit your needs differently.
The city’s Thornwood neighborhood has the highest concentration of CRE listings, offering 5 availabilities on the market.
The Robin Glen neighborhood is home to the second-largest number of leasing opportunities — 3 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Robin Glen.
Neighborhood with most CRE Listings
No. of Spaces
Thornwood
5
Robin Glen
3
Sugar Ridge
2
Neighborhood with most Office Listings
No. of Spaces
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Sugar Ridge area is the local South Elgin submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In South Elgin, you’ll find the most such opportunities for lease to be in Thornwood.
Commercial Real Estate for Sale in South Elgin, IL
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 2,651,728 square feet of commercial property for sale in South Elgin.
The largest investment opportunity on the local market offers 2,482,920 square feet of earning potential.
If you are looking to buy a smaller property, consider that local listings for sale start at 10,000 square feet.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in South Elgin, IL
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.