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Chicago, Illinois

Commercial Real Estate in Chicago Downtown

Contact Our Office

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.

VIEW AVAILABLE MIDWEST LISTINGS VIEW AVAILABLE U.S. & CANADA LISTINGS
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Net Lease

Starbucks | Near 22K+ Student University | New 10-Yr. Lease

Bloomington, IL

Years Remaining On Lease: 7.6

Cap Rate: 6.75%

Listing Price: $2,487,400

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Net Lease

Starbucks

Jacksonville (West of Springfield), IL

Years Remaining On Lease: 7.6

Cap Rate: 6.75%

Listing Price: $2,515,000

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Net Lease

US Bank

Strongsville, OH

Years Remaining On Lease: 10.7

Cap Rate: 5.88%

Listing Price: $1,695,000

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Retail

T- Mobile 2 Tenant with Drive Thru

Muskegon, MI

Price/Gross SF: $270.66

Cap Rate: 8.25%

Listing Price: $1,291,587

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Office

South Barrington Office Center

South Barrington, IL

Cap Rate: 9.79%

Listing Price: $9,500,000

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Office

Bridgeton Value-Add Office Building

Bridgeton, MO

Listing Price: $199,000

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Retail

New 10-Year Ollie's & Family Dollar Anchored Center

Kenosha, WI

Price/Gross SF: $95.75

Cap Rate: 8.50%

Listing Price: $4,890,000

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Retail

McLean Square | Neighborhood Strip Retail

Elgin, IL

Price/Gross SF: $168.78

Cap Rate: 7.71%

Listing Price: $3,950,000

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Apartments

Sal Boulevard

Trenton, OH

Number of Units: 12

Cap Rate: 7.86%

Listing Price: $1,500,000

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Bidding Starts: Apr 13, 2026
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Hospitality/Golf

Auction - Spark by Hilton - Moline, IL

Moline, IL

Price/Room: $18,852

Bidding Ends: Apr 15, 2026

Starting Bid: $1,150,000

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Hospitality/Golf

GrandStay Hotel & Suites Montevideo

Montevideo, MN

Price/Room: $84,783

Cap Rate: 8.70%

Listing Price: $3,900,000

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KinderCare Learning Center

Lafayette, IN

Years Remaining On Lease: 2.4

Cap Rate: 7.25%

Listing Price: $506,000

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Retail

Value Add Neighborhood Retail Center

Hazel Crest, IL

Price/Gross SF: $91.15

Cap Rate: 9.52%

Listing Price: $875,000

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Hospitality/Golf

Days Inn Dubuque

Dubuque, IA

Price/Room: $19,753

Cap Rate: 8.00%

Listing Price: $3,200,000

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Retail

Dollar Tree Plaza

Independence, MO

Price/Gross SF: $165.89

Cap Rate: 7.50%

Listing Price: $2,281,000

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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.

VIEW ALL MIDWEST RESEARCH VIEW ALL U.S. & CANADA RESEARCH

Research Video

How Iran Conflict Is Impacting The Economy and CRE

March 16, 2026

GDP

Research Brief

Inflation

March 2026

Research Video

CRE Retail Trends and Outlook for Top Markets

March 9, 2026

Employment

Research Brief

Employment

March 2026

mm retail

Market Report

2026 U.S. Retail Investment Forecast

2026 Outlook

Research Video

Supreme Court Struck Down Tariffs … Now What?

March 2, 2026

GDP

Research Brief

Trade Policy & GDP

February 2026

Research Video

How Wage Growth Is Reinforcing CRE

February 23, 2026

Research Video

Will Wall Of Multifamily Debt Maturities Create Opportunity?

February 23, 2026

Employment

Research Brief

Employment

February 2026

GDP

Research Brief

Inflation

February 2026

Research Video

Do Major Job Number Revisions Change the CRE Outlook?

February 17, 2026

Research Video

Has The Office Market Turned The Corner?

February 9, 2026

Research Video

The 2026 Outlook, per Conversations at NMHC Conference

February 2, 2026

GDP

Research Brief

Insights From The 2026 NMHC Conference

February 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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Hunter Conference
Industry Events

Hunter Conference

Signia by Hilton Atlanta, Atlanta, GA
March 16 – March 18, 2026
SSA Spring Conference and Trade Show
Industry Events

SSA Spring Conference and Trade Show

Henry B. González Convention Center, San Antonio, TX
March 18 – March 20, 2026
ALDI Grocery Anchored Center

Press Releases

Marcus & Millichap Arranges $13.74M Sale of ALDI-Anchored Shopping Center in McHenry, Illinois

Marcus & Millichap announced today the sale of McHenry Town Center, an 8-suite grocery-anchored shopping center located in McHenry, Illinois.

March 12, 2026

Starbucks Rockford Illinois

Press Releases

Marcus & Millichap Arranges $2.415M Sale of Net-Leased Starbucks in Rockford, Illinois

Marcus & Millichap announced today the sale of a net-leased Starbucks property located in Rockford, Illinois, for $2,415,000.

March 12, 2026

Country Inn & Suites Fergus Falls

Press Releases

Marcus & Millichap Brokers Sale of 96-Room Country Inn & Suites in Fergus Falls, Minn.

Marcus & Millichap announced today the sale of a 96-room Country Inn & Suites hotel property in Fergus Falls, Minnesota.

March 05, 2026

NIC Spring Conference
Industry Events

NIC Spring Conference

Nashville, TN
March 30 – April 1, 2026
Krystal Kourt Apts

Press Releases

Marcus & Millichap Arranges $2.97M Sale of 36-Unit Multifamily Property in Crystal, Minn.

Marcus & Millichap announced today the sale of Krystal Kourt Apartments, a 36-unit multifamily property in Crystal, Minnesota, for $2.97 million.

March 03, 2026

26735 W Commerce Dr

Press Releases

Marcus & Millichap Brokers Sale of 32,001-Square-Foot Industrial Property in Volo, Ill.

Marcus & Millichap announced today the sale of 26735 W. Commerce Drive, a 32,001-square-foot multi-tenant industrial warehouse located in Volo, Illinois

March 03, 2026

Edgewater Apartments

Press Releases

Marcus & Millichap Arranges Sale of 48-Unit Milwaukee Apartment Property for $4.88M

Marcus & Millichap announced today the sale of The Edgewater Apartments, a 48-unit multifamily property located in Milwaukee, Wisconsin.

March 03, 2026

CVS OFallon

Press Releases

Marcus & Millichap Brokers $2.98M Sale of CVS Property in O’Fallon, Missouri

Marcus & Millichap announced today the sale of a net-leased CVS Pharmacy property located in O’Fallon, Missouri, for $2,975,000.

March 03, 2026

Ashmun Creek

Press Releases

Marcus & Millichap Arranges Sale of 91-Unit Multifamily Property in Sault Ste. Marie, Michigan

Marcus & Millichap announced today the sale of Ashmun Creek Apartments, a 91-unit multifamily property in Sault Ste. Marie, Michigan.

March 03, 2026

Inside Self-Storage World Expo
Industry Events

Inside Self-Storage World Expo

Caesars Forum Conference Center, Las Vegas, NV
April 7 – April 10, 2026
MHI Congress & Expo
Industry Events

MHI Congress & Expo

MGM Grand, Las Vegas, NV
April 7 – April 9, 2026
Holiday Inn Express Chicago NW

Press Releases

Marcus & Millichap Brokers Sale Holiday Inn Express Near O’Hare International Airport

Marcus & Millichap announced today the sale of a 111-room Holiday Inn Express hotel property in Arlington Heights, Illinois.

February 26, 2026

Holiday Inn Express & Suites Sterling Heights

Press Releases

Marcus & Millichap Arranges Sale of Holiday Inn Express & Suites in Sterling Heights, Michigan

Marcus & Millichap announced today the sale of a 94-room Holiday Inn Express & Suites located in Sterling Heights, Michigan.

February 26, 2026

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News & Events