HomeIllinoisKane CountySouth Elgin
South Elgin, Illinois: commercial real estate data.
South Elgin is a Census village of 24,217 people across 7.27 square miles of land, in Kane County. Median household income is $127,203, 79.1 percent of occupied homes are owned, and the SBA record carries 49 7(a) approvals to borrowers here worth $26.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
South Elgin
What South Elgin is
- Census place typevillage
- Land area7.27 sq mi
- Water area0.2 sq mi
- Population per square mile of land3,332
- County holding the largest share of its areaKane County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Elgin
How many people live in South Elgin
- Population24,217
- Median age39.0
- Population under 185,531
- Share under 1822.8 percent
- Population 65 and over2,979
- Share 65 and over12.3 percent
- Households8,760
- Family households6,360
- Share of households that are families72.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Elgin
Income and work in South Elgin
- Median household income$127,203
- Per capita income$52,103
- Civilian labor force14,103
- Employed13,664
- Unemployed439 plus or minus 186
- Unemployment rate3.1 percent plus or minus 1.3
- Adults 25 and over16,790
- Adults 25 and over with a high school diploma or higher91.7 percent
- Adults 25 and over with a bachelor degree or higher37.7 percent
- Adults 25 and over with a graduate degree14.0 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Elgin
Housing in South Elgin
- Housing units8,803
- Occupied units8,760
- Vacant units43 plus or minus 54
- Vacancy rate0.5 percent plus or minus 0.6
- Owner occupied6,933
- Renter occupied1,827
- Ownership rate79.1 percent
- Median owner-occupied home value$339,100
- Median gross rent, monthly$1,640
- Annual rent as a share of median income15.5 percent
- Single family units7,157
- Share single family81.3 percent
- Units in buildings of two or more1,646 plus or minus 364
- Share in buildings of two or more18.7 percent plus or minus 4.0
- Mobile homes0
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Elgin
How South Elgin gets to work
- Workers 16 and over who commute11,196
- Commuting under 15 minutes2,416
- Share commuting under 15 minutes21.6 percent
- Commuting 30 minutes or more4,979
- Share commuting 30 minutes or more44.5 percent
- Drove alone71.2 percent
- Carpooled9.3 percent plus or minus 2.4
- Public transport1.1 percent plus or minus 0.7
- Walked0.4 percent plus or minus 0.5
- Worked from home15.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Elgin
SBA loans in South Elgin (7(a))
- Approvals49
- Gross approval$26,348,300
- Average approval$537,720
- Median approval$300,000
- Ninetieth percentile approval$971,260
- Largest approval$5,000,000
- Jobs supported734
- Jobs per approval15.0
- Loans with a final outcome10
- Paid in full9
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more12.2 percent
- Share to franchises20.4 percent
- Distinct lenders21
- Distinct industries by NAICS28
Counted by borrower city: approvals to borrowers whose address is in South Elgin, in any county, FY2020 to FY2026. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
South Elgin
SBA loans in South Elgin (504)
- Approvals27
- Gross approval$15,844,000
- Average approval$586,815
- Median approval$489,000
- Largest approval$2,174,000
- Jobs supported236
- Loans with a final outcome9
- Charged off1
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in South Elgin, in any county, FY2010 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
South Elgin
Flood risk in South Elgin
- NFIP communityVillage of South Elgin
- NFIP community number170332
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date01/23/26
The Village of South Elgin participates in the National Flood Insurance Program as community 170332 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Kane County, not South Elgin
Kane County context, not South Elgin figures
- Establishments in Kane County13,537
- Covered employment, Kane County213,795
- Average annual pay, Kane County$62,791
- Housing units permitted, Kane County2,132
Every figure in this section is published for Kane County as a whole and is not a measurement of South Elgin.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
South Elgin questions, answered from the record.
How many people live in South Elgin, Illinois?
24,217, in 8,760 households. South Elgin village covers 7.27 square miles of land, which is 3,332 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is South Elgin in?
Kane County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in South Elgin?
$127,203. The median owner-occupied home is valued at $339,100. Median gross rent is $1,640 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to South Elgin businesses?
49 7(a) approvals totaling $26.3 m since FY2020, across 21 lenders, median approval $300,000, plus 27 504 approvals worth $15.8 m since FY2010. These count approvals to borrowers whose address is in South Elgin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to South Elgin borrowers get paid back?
No rate is published for South Elgin. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is South Elgin in the National Flood Insurance Program?
Yes. South Elgin appears in the FEMA Community Status Book as South Elgin, village of, community 170332, carrying Community Rating System class 5, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page South Elgin figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kane County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of South Elgin.
Is zoning published for South Elgin?
No. Nothing on this page presents parcel level zoning.