South Elgin, IL Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

21 Listings

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$22.00 - $26.00/SF/YR
Medical and Legal Arts Building
2000 McDonald Road, Robin Glen, South Elgin, IL
Space Type
Office
2 spaces

1,523 - 1,790 SF
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Price on request
The Shops at Randall
350-364 Randall Road, Thornwood, Elgin, IL
Space Type
Retail
2 spaces

8,400 - 30,200 SF
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Price on request
825 Commerce Dr South Elgin IL
825 Commerce Dr, Lorraine Terrace, South Elgin, IL
Space Type
Industrial
1 space

15,000 SF
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$650,000
1120 W Spring St
1120 W Spring St, Stonington Place, South Elgin, IL
Property Type
VacantLand
Are you looking to lease or to buy?

For Lease

Flexible rental for
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For Sale

Premium commercial
properties, long-term value
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$25.00/SF/YR
558-586 Randall Rd
558-586 Randall Rd, Thornwood, South Elgin, IL
Space Type
Retail
1 space

4,343 SF
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Subject to Offer
380 Production Dr.,
380 Production Dr.,, Lorraine Terrace, South Elgin, IL
Property Type
Industrial
Built in 1998

7,330 SF
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$568,458
37W156 McDonald Road
37W156 McDonald Road, Thornwood, South Elgin, IL
Property Type
VacantLand
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$12,200,000
Medical & Legal Arts Building
2000 McDonald Road, Robin Glen, South Elgin, IL
Property Type
Office
Built in 2008

32,415 SF
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$27.00/SF/YR
Randall Road Retail
310 Randall Road, Thornwood, South Elgin, IL
Space Type
Retail
1 space

2,095 SF
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Subject To Offer
634 Schneider Dr
634 Schneider Dr, Rosewood Terrace, South Elgin, IL
Property Type
Industrial
Built in 1988

4,000 SF
$18.00/SF/YR
Great Location for Your Business in South Elgin
65 Woodbury St, River Crossing, South Elgin, IL
Space Type
Office
1 space

2,445 SF
$561,924
NWC of McLean Blvd and Spring Rd
NWC of McLean Blvd and Spring Rd, Sandhurst, South Elgin, IL
Property Type
VacantLand
0.86 Acre
Price on request
Shops at South Elgin
364 Randall Road, Thornwood, South Elgin, IL
Space Type
Retail
2 spaces

8,400 - 30,200 SF
Call For Info
1497 N Lafox Street
1497 N Lafox Street, Lorraine Terrace, South Elgin, IL
Property Type
Office
2,362 SF
$20.00 - $35.01/SF/YR
Shops at Briargate
454 Redington Dr, Thornwood, South Elgin, IL
Space Type
Office, Retail
5 spaces

905 - 4,401 SF
Price on request
The Shoppes at Stony Creek
305 Randall Road, Thornwood, South Elgin, IL
Space Type
Retail
1 space

6,163 SF
Price on request
1625 Gilpen Ave
1625 Gilpen Ave, Lorraine Terrace, South Elgin, IL
Space Type
Industrial
1 space

8,500 SF
$16.00/SF/YR
695 Sundown Road
695 Sundown Road, Orchard View, South Elgin, IL
Space Type
Industrial
1 space

3,200 SF
Price on request
1497 N Lafox Street
1497 N Lafox Street, Lorraine Terrace, South Elgin, IL
Space Type
Office
1 space

2,362 SF
Call For Info
1625 Gilpen Ave
1625 Gilpen Ave, Lorraine Terrace, South Elgin, IL
Property Type
Industrial
Built in 1973

8,500 SF
$196,020
430 N McLean Blvd
430 N McLean Blvd, Sandhurst, South Elgin, IL
Property Type
VacantLand
0.5 Acre

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The South Elgin, IL Commercial Real Estate Market at a Glance

The commercial real estate market in South Elgin, IL includes commercial property of all types. To put it in numbers, there are 125,287 square feet of commercial space in 20 commercial properties across the city. If you are not familiar with commercial real estate in South Elgin, IL, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in South Elgin, IL

You can search 18 commercial real estate space listing(s) currently available for rent in South Elgin, IL, which represents a total of 125,287 square feet. Leasing opportunities here include 8 office listing(s), 3 industrial and warehouse listing(s), 7 retail space listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in South Elgin, IL. You can conveniently reach out for more in-depth information using the contact form available on each listing.

South Elgin, IL Commercial Real Estate Listings for Rent

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 6 169,554 N/A

Retail 5 210,340 N/A

Industrial 6 43,330 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in South Elgin, IL

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in South Elgin, IL

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 9 commercial property for sale listing(s).

Depending on aspects such as location, market particularities, and property potential, office space can be transformed and adapted to accommodate a great variety of tenant businesses and institutions. Options of commercial real estate for sale in South Elgin include 2 office building for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 3 industrial real estate for sale listing(s) currently marketed in South Elgin.

South Elgin, IL Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Office 2 169,554

Industrial 3 43,330

Other 4

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in South Elgin, IL

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in South Elgin, IL

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

In South Elgin, IL, you will find the highest number of commercial property for rent or for sale listings in the Lorraine Terrace neighborhood. Searching by different property types, you’ll find that the Lorraine Terrace neighborhood currently offers the highest number of office space opportunities. Meanwhile, you’ll find the highest number of local retail for rent or investment listings in the Thornwood neighborhood. Industrial opportunities on the local market are mostly concentrated in the Lorraine Terrace neighborhood.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.