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Chicago, Illinois

Chicago Downtown Office

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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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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

Vice President/Regional Manager
Direct: (312) 327-5460
View Chicago Downtown agents & originators

The Chicago Downtown Office

The Chicago Downtown office of Marcus & Millichap provides buyers and sellers of commercial real estate with investment brokerage and financing services focused on the Chicago MSA, Illinois and throughout markets in the Midwest. Agents in the Chicago Downtown office represent investors in transactions involving but not limited to office, industrial, multifamily, retail, single-tenant net leased, manufactured housing, medical office and hospitality properties. Investment professionals in the Chicago Downtown office also leverage Marcus & Millichap’s industry-leading research to offer investment real estate advisory services on individual properties and portfolios. Commercial real estate financing services are offered by loan originators with Marcus & Millichap Capital Corporation (MMCC).

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

Chipotle w/ Drive Thru | Rare 15 Year Absolute NNN Lease | Qualifies for Depreciation | NW Indiana

La Porte (Northwest Indiana), IN

Years Remaining On Lease: 14.9

Cap Rate: 5.00%

Listing Price: $2,999,000

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Dollar General | Low Rent & Price Point

Manton, MI

Years Remaining On Lease: 13.9

Cap Rate: 6.70%

Listing Price: $1,617,000

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Former Hardee's Restaurant

Grandview, MO

Listing Price: $1,950,000

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New 15-Year NNN Dunkin' Drive/Thru Ground Lease

Toronto, OH

Years Remaining On Lease: 14.6

Cap Rate: 5.75%

Listing Price: $1,130,000

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Dollar General

Augusta, KS

Years Remaining On Lease: 8.5

Cap Rate: 7.50%

Listing Price: $1,209,000

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Self-Storage

Extra Space Storage (Managed) - Macomb | Hwy 136

Macomb, IL

Year Built: 1987

Cap Rate: 8.15%

Listing Price: $1,000,000

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Self-Storage

Extra Space Storage (Managed) - Findlay

Findlay, OH

Year Built: 1987

Cap Rate: 8.37%

Listing Price: $4,500,000

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Self-Storage

Extra Space Storage (Managed) - Macomb | Bonham

Macomb, IL

Year Built: 2011

Cap Rate: 10.60%

Listing Price: $1,000,000

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Dollar General | 15 Year Absolute NNN w/ Rent Increases | 2025 Rare All-Wood Prototype Construction

Roann (Outside Ft. Wayne), IN

Years Remaining On Lease: 15.1

Cap Rate: 7.00%

Listing Price: $1,992,857

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Tire Choice- Waterloo, IL

Waterloo, IL

Years Remaining On Lease: 1.3

Cap Rate: 9.00%

Listing Price: $1,129,000

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Advance Auto Parts | Across from Target | Infill Trade Area

Fort Wayne, IN

Years Remaining On Lease: 10.2

Cap Rate: 7.35%

Listing Price: $1,285,000

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Apartments

Fairmont Apartments

Bloomington, IL

Number of Units: 35

Cap Rate: 7.41%

Listing Price: $3,100,000

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Retail

O'Hare Airport Adjacent Strip Center

Schiller Park, IL

Price/Gross SF: $167.39

Cap Rate: 8.27%

Listing Price: $3,850,000

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Office

Merrillville Professional Office

Merrillville, IN

Price/Gross SF: $138.37

Cap Rate: 9.33%

Listing Price: $4,600,000

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Industrial

Historic IRMCO Manufacturing Facility | Occupied Since 1917

Evanston, IL

Price/Gross SF: $82.97

Cap Rate: 8.82%

Listing Price: $2,400,000

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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

Understanding Today’s CRE Distress Landscape

May 19, 2025

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 2025

Employment

Research Brief

Employment

April 2025

Research Video

Retail CRE Positioned to Withstand Potential Headwinds

May 5, 2025

Research Video

Industrial Investments Durable Amid Uncertainty

April 30, 2025

Economy

Research Brief

Retail Sales

April 2025

Research Video

Multifamily Well Positioned to Face Economic Headwinds

April 28, 2025

mm hospitality

Market Report

2025 Hospitality Investment Outlook

2025 Outlook

Research Video

Emerging Signals in the Office Investment Market

April 23, 2025

Research Video

Private Investors Taking the Lead in CRE Investment?

April 21, 2025

Research Video

How Consumer Sentiment Could Shape Multifamily Demand

April 18, 2025

GDP

Research Brief

Inflation

April 2025

Research Video

Financial Market Whiplash vs CRE Investment Durability

April 14, 2025

Research Video

Market Reacts to Tariffs – Implications for CRE?

April 7, 2025

Employment

Research Brief

Employment

April 2025

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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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The Jax

Press Releases

Marcus & Millichap Announces $8M Sale of 48-Unit Multifamily Property in Saint Paul

Marcus & Millichap announced today the sale of The Jax, a 48-unit multifamily property in Saint Paul, Minnesota for $8 million.

May 19, 2025

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2025
South Loop

Press Releases

Marcus & Millichap Brokers Sale of Retail Property in Chicago’s South Loop

Marcus & Millichap announced today the sale of 1160 S. Michigan Ave., a two-tenant, ground floor retail property located in Chicago, Illinois.

May 16, 2025

Port of Call

Press Releases

Marcus & Millichap Arranges Sale and Financing of 146-Space Manufactured Housing Community in Port Huron, Michigan

Marcus & Millichap announced today the sale of the 146-space Port of Call Manufactured Housing Community in Port Huron, Michigan.

May 13, 2025

O'Reilly

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased O’Reilly Auto Parts in Tavares, Florida

Marcus & Millichap announced today the sale of a net-leased O’Reilly Auto Parts property in Tavares, Florida for $2,229,000.

May 12, 2025

Ace Hardware

Press Releases

Marcus & Millichap Announces Sale and Financing of Ace Hardware Property in Winter Garden, Florida

Marcus & Millichap announced today the sale of a net-lease Ace Hardware property in Winter Garden, Florida for $5,313,043.

May 12, 2025

Default, Distress & Opportunity Webcast
Marcus & Millichap Events

Default, Distress & Opportunity Webcast

Live Webcast
May 29, 2025
The Trail Inn

Press Releases

Marcus & Millichap Brokers Sale of 36-Room Hotel Property in Atlanta, Illinois

Marcus & Millichap announced today the sale of The Trail Inn, a 36-room hotel property located in Atlanta, Illinois.

May 01, 2025

Van Dyke Village Townhomes

Press Releases

Marcus & Millichap Brokers $2.75M Sale of 20-Unit Multifamily Property in Maplewood, Minnesota

Marcus & Millichap announced today the sale of Van Dyke Village Townhomes, a 20-unit multifamily property located in Maplewood, Minnesota.

May 01, 2025

Retail Trends 2025
Marcus & Millichap Events

Retail Trends 2025

Live Webcast
June 4, 2025
100 Chaddick Drive

Press Releases

Marcus & Millichap Arranges $5.8M Sale of Industrial Property in Wheeling, Illinois

Marcus & Millichap announced today the sale of 100 Chaddick Drive, a 72,000-square-foot industrial property in Wheeling, Illinois for $5,578,000.

April 30, 2025

Tyler Carlisle Portfolio

Press Releases

Marcus & Millichap Arranges $5.8 Million Sale of 49-Unit Multifamily Portfolio in Western Wisconsin

Marcus & Millichap announced today the sale of a 49-unit multifamily portfolio in Ellsworth and Baldwin, Wisconsin.

April 30, 2025

Marcus & Millichap

Press Releases

Marcus & Millichap Announces Senior Management Reorganization to Maximize Growth Opportunities

Marcus & Millichap announced today a management realignment to streamline decision making, execution and allocation of key executives to strategic growth initiatives.

April 30, 2025

Dobbs Tire Wentzville

Press Releases

Marcus & Millichap Arranges $3.87M Sale-Leaseback of Dobbs Tire & Auto Property in Wentzville, Missouri

Marcus & Millichap announced today the sale of a net-leased Dobbs Tire & Auto property in Wentzville, Missouri for $3,872,000.

April 23, 2025

Walmart Shadow Center Wisconsin

Press Releases

Marcus & Millichap Arranges $2.87M Sale of Wisconsin Rapids Retail Center

Marcus & Millichap announced today the sale of a two-building, six-suite retail center in Wisconsin Rapids, Wisconsin for $2,875,000.

April 22, 2025

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News & Events