Elgin, Illinois, a city located 35 miles northwest of Chicago along the Fox River, offers a unique blend of history, education, and innovation, making it an ideal location for Industrial Space For Lease. With a population of approximately 115,000, Elgin provides a diverse and vibrant community, perfect for businesses looking to establish a strong presence. The city's rich history, dating back to its founding in 1835, is evident in its well-preserved architecture, cultural attractions, and strong educational institutions. Elgin is home to several major corporations, including the Elgin Watch Company and the Elgin Sweeper Corporation, and is a hub for manufacturing, education, and entertainment. The city's infrastructure, including the Elgin Fire Department and the Elgin Public Museum, provides a solid foundation for businesses to thrive. Additionally, Elgin's cultural diversity, with significant Laotian American and Latino populations, contributes to the city's vibrant community, making it an attractive location for Industrial Space For Lease.
Elgin's Industrial Space For Lease offers a range of opportunities for businesses, with 29 available listings. The average annual rent per square foot is $11 USD, with sizes ranging from 500 square feet to 700,000 square feet. In addition to Industrial Space, Elgin also offers Flex Space, Commercial Real Estate, Land, and Restaurants For Lease, providing a diverse range of options for businesses. The city's convenient location, with access to major roads and public transportation, including Metra's Milwaukee District West Line and Pace bus routes, makes it an ideal location for businesses looking to establish a strong presence in the region. With its rich history, cultural attractions, and strong educational institutions, Elgin is an attractive location for businesses looking to lease Industrial Space.
What is the average size of industrial space for lease in the Elgin market?
The average size of industrial space for lease in the Elgin market is 79,010 square feet, with a total of 29 available listings, ranging from smaller spaces to larger ones up to 700,000 square feet, offering a variety of options for businesses looking to establish or expand their operations in the area.
What do I need to look for when leasing an industrial space in Elgin?
When leasing an industrial space in Elgin, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $11 USD per square foot, and average space size, which is approximately 79,010 square feet, to determine your budget and space requirements.
- Maximum space size, which can go up to 700,000 square feet, to accommodate your business's growth and operations.
- Proximity to major transportation facilities, such as the Fox River, Metra's Milwaukee District West Line, and Pace bus routes, to ensure easy access to your industrial space and convenient transportation options for your employees and customers.
