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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.

Joe Powers

Joe 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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Retail

Three-Tenant Walmart Outlot Rockford

Rockford, IL

Price/Gross SF: $459.44

Cap Rate: 7.00%

Listing Price: $4,135,000

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Retail

Starbucks - Hungry Howie's Pizza

Traverse City, MI

Price/Gross SF: $573.53

Cap Rate: 6.33%

Listing Price: $1,950,000

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Self-Storage

People's Choice Storage - W Kellogg

Wichita, KS

Year Built: 1974

Listing Price: $2,875,000

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Self-Storage

People's Choice Storage - N Hillside

Wichita, KS

Year Built: 1975

Cap Rate: 6.42%

Listing Price: $4,375,000

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Retail

Tyler Creek Plaza | Grocery Shadow Anchored | Five -Tenant Strip

Elgin, IL

Price/Gross SF: $295.61

Cap Rate: 7.81%

Listing Price: $3,200,000

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Apartments

2241 Mannheim Rd

Melrose Park, IL

Number of Units: 22

Cap Rate: 9.30%

Listing Price: $1,750,000

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Net Lease

Ivybrook Academy – Busiest Corner in Columbus OH

Dublin, OH

Years Remaining On Lease: 13.8

Cap Rate: 6.55%

Listing Price: $2,359,500

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Self-Storage

People's Choice Storage - Canton

Canton, OH

Year Built: 2024

Cap Rate: 2.41%

Listing Price: $4,100,000

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Net Lease

Burger King

Crystal Lake, IL

Years Remaining On Lease: 9.4

Cap Rate: 5.75%

Listing Price: $1,910,000

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Apartments

Corby Park Apartments

Omaha, NE

Number of Units: 36

Cap Rate: 7.53%

Listing Price: $3,150,000

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Net Lease

KinderCare | Corporate Guaranty (NYSE: KLC) | 2.00% Annual Increases | $126,000+ AHHI in 5-Miles

Ankeny, IA

Years Remaining On Lease: 7.4

Cap Rate: 7.50%

Listing Price: $3,808,000

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Retail

Piggly Wiggly Center Platteville WI

Platteville, WI

Price/Gross SF: $79.31

Cap Rate: 8.00%

Listing Price: $6,456,000

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Apartments

2423 W 123rd St

Blue Island, IL

Number of Units: 9

Cap Rate: 7.82%

Listing Price: $775,000

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Office

Mixed Use-5/3 Bank/Medical Office/Office

Oswego, IL

Cap Rate: 7.78%

Listing Price: $3,000,000

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Industrial

QXO

Topeka, KS

Price/Gross SF: $52.03

Cap Rate: 7.75%

Listing Price: $1,365,677

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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

Office Sector Gains Momentum – Will Opportunities Emerge?

August 21, 2026

Research Video

Fed Faces Balancing Act Amid Economic Crosscurrents

August 14, 2026

Economy

Research Brief

Inflation

August 2026

Employment

Research Brief

Employment

August 2026

Research Video

Industrial CRE Proving Durable Amid Uncertainty

August 7, 2026

GDP

Research Brief

Gross Domestic Product

August 2026

GDP

Research Brief

Financial Markets

August 2026

Housing

Research Brief

Housing

August 2026

industrial

Research Brief

Industrial

August 2026

Research Video

Retail Resilient in an Uncertain Economy

July 30, 2026

Research Video

Has the Apartment Market Turned to the Upside?

July 24, 2026

Economy

Research Brief

Retail Sales

July 2026

Economy

Research Brief

Inflation

July 2026

Research Video

Inflation Risk: Headwind or Opportunity for CRE?

July 16, 2026

Research Video

Will Economic Momentum Boost CRE for Rest of 2026?

July 10, 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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1515 N Fremont

Press Releases

Marcus & Millichap Arranges $20.4 Million Sale of Chicago Multifamily Property

Marcus & Millichap announced today the sale of 1515 N Fremont St., a 98-unit multifamily property with approximately 4,000 square feet of commercial space in Chicago’s Lincoln Park neighborhood.

August 20, 2026

Parkside Medical

Press Releases

Marcus & Millichap Brokers $3.63M Sale of 10-Suite Medical Office Property in Osage Beach, Missouri

Marcus & Millichap announced today the sale of Parkside Village Medical Office Building, a fully occupied 10-suite office property in Osage Beach, Missouri.

August 20, 2026

Green Bay Packaging

Press Releases

Marcus & Millichap Arranges $7.1M Sale and Financing of Industrial Property in Albert Lea, Minnesota

Marcus & Millichap announced today the sale of a single-tenant industrial property occupied by Green Bay Packaging, in Albert Lea, Minnesota.

August 18, 2026

Dutch Bros Indiana

Press Releases

Marcus & Millichap Arranges $3.1M Sale of Dutch Bros Property in Valparaiso, Indiana

Marcus & Millichap announced today the sale of a brand-new, net-leased Dutch Bros property in Valparaiso, Indiana.

August 17, 2026

Trinity Park Apartments

Press Releases

Marcus & Millichap Arranges Sale of 490-Unit Multifamily Property in St. Louis, Missouri

Marcus & Millichap announced today the sale of Trinity Park Apartments, a 490-unit multifamily property in North St. Louis.

August 13, 2026

Creekside Village

Press Releases

Marcus & Millichap Brokers Sale of 31-Unit Multifamily Property in the Kansas City MSA

Marcus & Millichap announced today the sale of Creekside Village, a 31-unit multifamily property in Grain Valley, Missouri.

August 13, 2026

7-Eleven Texas

Press Releases

Marcus & Millichap Arranges Sale of 7-Eleven Property in Cleburne, Texas

Marcus & Millichap announced today the sale of a net-leased 7-Eleven property in Cleburne, Texas.

August 12, 2026

La Petite Academy

Press Releases

Marcus & Millichap Arranges $3.65M Sale of Net-Leased Childcare Facility in the Fort Myers MSA

Marcus & Millichap announced today the sale of a net-leased childcare facility, occupied by La Petite Academy, in North Port, Florida.

August 05, 2026

East Paris

Press Releases

Marcus & Millichap Facilitates $2.14M Sale of Medical and Professional Office Property in Grand Rapids

Marcus & Millichap announced today the sale East Paris Medical Center, a 10,011-square-foot, three-suite medical and professional office in Grand Rapids, Michigan.

August 05, 2026

Sussex Gateway

Press Releases

Marcus & Millichap Brokers $3.55M Sale of Nine-Suite Retail Property in Sussex, Wis.

Marcus & Millichap announced today the sale of Sussex Gateway Retail Center, a nine-suite retail property in Sussex, Wisconsin.

August 03, 2026

2040 S Hamilton Rd

Press Releases

Marcus & Millichap Arranges Sale of Single-Tenant Industrial Property in Columbus

Marcus & Millichap announced today the sale of 2040 S. Hamilton Rd., an 89,760-square-foot industrial property in Columbus, Ohio.

August 03, 2026

2026 SSA Fall Conference & Trade Show
Industry Events

SSA Fall Conference & Trade Show

ARIA Resort & Casino, Las Vegas, NV
September 8 – September 11, 2026
Pleasant Storage

Press Releases

Marcus & Millichap Arranges Sale of South Shore Boston Self-Storage Property

Marcus & Millichap announced today the sale of Pleasant Storage, a 231-unit self-storage property in the Boston MSA.

July 31, 2026

5655 W Fullerton Ave

Press Releases

Marcus & Millichap Arranges Sale of 28-Unit Mixed-Use Property in Chicago

Marcus & Millichap announced today the sale of 5655 West Fullerton Avenue, a mixed-use property featuring 24 multifamily units and four retail suites, in the Belmont Cragin neighborhood of Chicago.

July 31, 2026

Windsong Country Estates

Press Releases

Marcus & Millichap Brokers $12.8M Sale of 70-Unit Multifamily Property in Eden Prairie, Minnesota

Marcus & Millichap announced today the sale of Windsong Country Estates, a 70-unit townhome community in Eden Prairie, Minnesota.

July 30, 2026

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News & Events