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Chicago, Illinois

Commercial Real Estate in Chicago Downtown

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333 West Wacker Drive, Suite 200
Chicago, IL 60606
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Phone: (312) 327-5400
Fax: (312) 327-5410

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Joseph Powers

Joseph Powers

Managing Director, Market Leader - Chicago
Direct: (312) 327-5460
Clayton Isacson

Clayton Isacson

Director, Sales Manager- Chicago
Direct: (312) 327-5471
View Chicago Downtown agents & originators

The Chicago Downtown Office

Marcus & Millichap’s Chicago Downtown office supports real estate investors with brokerage, advisory, and financing services focused on downtown Chicago and surrounding markets. Our Chicago commercial real estate brokers are active in office, retail, multifamily, hospitality, manufactured housing, and medical office asset classes. With deep regional knowledge and access to the firm’s national real estate properties for sale platform, the team delivers tailored guidance backed by Marcus & Millichap Capital Corporation (MMCC) loan origination resources.

CURRENT MIDWEST LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Net Lease

QuikTrip | 14 Years Remaining

Kansas City, MO

Years Remaining On Lease: 13.8

Cap Rate: 5.25%

Listing Price: $6,402,285

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Retail

Dollar Tree Plaza

Independence, MO

Price/Gross SF: $155.49

Cap Rate: 8.00%

Listing Price: $2,138,000

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Dollar General

Cadillac, MI

Years Remaining On Lease: 8.1

Cap Rate: 7.50%

Listing Price: $1,249,333

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Brand New 2026 Construction Dunkin' | Brand New 15 Year Absolute NNN Lease | Chicago MSA

Cicero, IL

Years Remaining On Lease: 15.0

Cap Rate: 5.80%

Listing Price: $2,068,965

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Retail

Sussex Gateway Retail Center

Sussex, WI

Cap Rate: 7.50%

Listing Price: $3,632,000

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U.S. Bank

Bedford, OH

Years Remaining On Lease: 0.5

Cap Rate: 7.45%

Listing Price: $805,000

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Burger King

Crystal Lake, IL

Years Remaining On Lease: 9.7

Cap Rate: 5.75%

Listing Price: $1,960,000

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Scooter’s Coffee Drive-Thru | Long-Term NNN Ground Lease | High Visibility | Lincoln, NE

Lincoln, NE

Years Remaining On Lease: 14.8

Cap Rate: 6.25%

Listing Price: $887,097

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Absolute NNN Tim Hortons in Columbus, OH | Largest Operator in the U.S.

Columbus, OH

Years Remaining On Lease: 7.7

Cap Rate: 6.83%

Listing Price: $1,499,000

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7 Brew 15-Year NNN Ground Lease | New Construction

Plainfield, IL

Years Remaining On Lease: 15.2

Cap Rate: 5.80%

Listing Price: $2,586,000

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J. Alexander's | 20-Year Absolute NNN Lease

West Bloomfield, MI

Cap Rate: 6.00%

Listing Price: $6,915,000

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Retail

Hobby Lobby & Dunham's Sports - Brookfield

Brookfield, WI

Price/Gross SF: $123.10

Cap Rate: 7.25%

Listing Price: $13,457,807

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Office

Illinois Department of Corrections

Peoria, IL

Price/Gross SF: $93.08

Cap Rate: 9.00%

Listing Price: $3,788,000

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Apartments

Hillside East Apartments

New Brighton, MN

Number of Units: 108

Listing Price: Request For Offer

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Industrial

61 Oakwood Rd

Lake Zurich, IL

Price/Gross SF: $95.08

Cap Rate: 8.61%

Listing Price: $5,200,000

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Properties

RECENT MIDWEST RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

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Research Video

The Forces Driving Interest Rates

May 29, 2026

Research Video

The Forces Driving the Industrial Real Estate Outlook

May 22, 2026

Employment

Research Brief

Retail Sales

May 2026

GDP

Research Brief

Inflation

May 2026

Research Video

What Is Fueling Retail Investment Momentum?

May 15, 2026

Employment

Research Brief

Employment

May 2026

Research Video

Three Trends Shaping the Multifamily Outlook

May 8, 2026

mm industrial

Market Report

2026 U.S. Industrial Investment Outlook Midyear

2026 Outlook

GDP

Research Brief

Financial Markets

May 2026

GDP

Research Brief

Gross Domestic Product

May 2026

Housing

Research Brief

Housing

May 2026

Research Video

Office Sector Recovery Sustains Momentum

May 1, 2026

Research Video

Following Middle East Shock Wave, Interest Rates Stabilizing

April 24, 2026

Economy

Research Brief

Retail Sales

April 2026

Research Video

Could Economic Volatility Bolster CRE Investment?

April 17, 2026

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

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Walgreens

Press Releases

Marcus & Millichap Arranges $3.15 Million Sale of Walgreens Property in Appleton, Wisconsin

Marcus & Millichap announced today the sale of a 16,933-square-foot net-leased Walgreens property in Appleton, Wisconsin, for $3.15 million.

June 01, 2026

Lake Country Apartments

Press Releases

Marcus & Millichap Arranges Sale of 24-Unit Multifamily Property in Siren, Wisconsin

Marcus & Millichap announced today the sale of Lake Country Apartments, a 24-units multifamily property in Siren, Wisconsin.

June 01, 2026

IL-SSA Great Lakes Owners Summit & Expo
Industry Events

IL-SSA Great Lakes Owners Summit & Expo

Union League Club of Chicago, Chicago, IL
June 23 – June 24, 2026
Northpoint Shopping Center

Press Releases

Marcus & Millichap Arranges $8.15M Sale of 11-Suite Retail Property in Stevens Point, Wisconsin

Marcus & Millichap announced today the sale of Northpoint Shopping Center, an 11-suite retail strip located in Stevens Point, Wisconsin.

May 27, 2026

Verizon Hiram

Press Releases

Marcus & Millichap Brokers $3.14M Sale of Net-Leased Verizon Property in Atlanta MSA

Marcus & Millichap announced today the sale of a net-leased Verizon property located in Hiram, Georgia, for $3.14 million.

May 26, 2026

Comfort Suites Johnson Creek

Press Releases

Marcus & Millichap Brokers Sale of 100-Room Comfort Suites in Johnson Creek, Wis.

Marcus & Millichap announced today the sale of a 100-room Comfort Suites hotel property in Johnson Creek, Wisconsin.

May 26, 2026

Vermillion Rise

Press Releases

Marcus & Millichap Arranges Sale of Class A Industrial Property in Hillsdale, Indiana

Marcus & Millichap announced today the sale of 222 Broadway Avenue, a 50,000-square-foot Class A spec built industrial warehouse finished to grey shell in Hillsdale, Indiana.

May 21, 2026

Lark Self Storage

Press Releases

Marcus & Millichap Facilitates $2.86M Sale of 242-Unit Self-Storage Property in Janesville, Wisconsin

Marcus & Millichap announced today the sale of Lark Self Storage, a 242-unit self-storage property located in Janesville, Wisconsin.

May 19, 2026

Michael Puline

Press Releases

Marcus & Millichap Appoints National Director of Retail Division

Marcus & Millichap announced today that commercial real estate executive Michael Puline has joined the firm as senior managing director and national director of its retail division.

May 14, 2026

Southern Perfection Fabrication

Press Releases

Marcus & Millichap Brokers the Sale Leaseback of 101,550-Square-Foot Single-Tenant Industrial Property in Byron, Georgia

Marcus & Millichap announced today the sale leaseback of Southern Perfection Fabrication’s 101,550-square-foot industrial property in Byron, Georgia.

May 14, 2026

Country Inn & Suites Ankeny

Press Releases

Marcus & Millichap Arranges Sale of 63-Room Country Inn & Suites in Ankeny, Iowa

Marcus & Millichap announced today the sale of a 63-room Country Inn & Suites hotel property located in the Des Moines MSA.

May 13, 2026

Waterview Apartments

Press Releases

Marcus & Millichap Arranges Sale of 64-Unit Multifamily Property in Lawrenceburg, Ind.

Marcus & Millichap announced today the sale of Waterview Apartments, a 64-unit multifamily property located in Lawrenceburg, Indiana.

May 13, 2026

Aurora Health Care

Press Releases

Marcus & Millichap Arranges $3.44M Sale of Medical Office Property in Gurnee, Illinois

Marcus & Millichap announced today the sale of a 10,000-square-foot medical office property leased to Aurora Health Care in Gurnee, Illinois.

May 11, 2026

Falcon View Apartments

Press Releases

Marcus & Millichap Facilitates $5.09M Sale of 36-Unit Multifamily Property Near University of Minnesota’s St. Paul Campus

Marcus & Millichap announced today the sale of Falcon View Apartments, a 36-unit multifamily property located in Falcon Heights, Minnesota.

May 07, 2026

20 Townhome Portfolio

Press Releases

Marcus & Millichap Arranges $4.6M Sale of 20-Townhome Portfolio in the Minneapolis-St. Paul MSA

Marcus & Millichap announced today the sale of a 20-townhome portfolio in New Richmond, Wisconsin, for $4.6 million.

May 06, 2026

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News & Events