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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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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

Vice President/Regional Manager
Direct: (312) 327-5460
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

KFC

Sioux City, IA

Cap Rate: 6.15%

Listing Price: $2,195,000

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Hospitality/Golf

Best Western Plus Steeplegate Inn

Davenport, IA

Price/Room: $46,610

Listing Price: $5,500,000

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Hospitality/Golf

Holiday Inn Express & Suites Crawfordsville

Crawfordsville, IN

Price/Room: $161,486

Listing Price: $11,950,000

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Dollar General

Augusta, KS

Years Remaining On Lease: 8.3

Cap Rate: 8.10%

Listing Price: $1,120,000

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Retail

King Commons Value-Add Shopping Center | Cincinnati MSA

Wilmington, OH

Price/Gross SF: $50.27

Cap Rate: 9.39%

Listing Price: $2,995,000

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Manufactured Housing

Mobile Grove

Conneaut, OH

Price/Space: $46,350

Cap Rate: 5.50%

Listing Price: $6,350,000

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Dollar General & Orlando's Market

North Kingsville, OH

Price/Gross SF: $29.96

Cap Rate: 7.25%

Listing Price: $1,025,000

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Dollar General Market | New 15-Yr. Absolute NNN

Mayer (Minneapolis MSA), MN

Years Remaining On Lease: 15.4

Cap Rate: 7.00%

Listing Price: $2,125,000

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Apartments

Taylors Falls Villas

Taylors Falls, MN

Number of Units: 20

Cap Rate: 7.28%

Listing Price: $3,350,000

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Best Buy

Lake Geneva, WI

Years Remaining On Lease: 3.6

Cap Rate: 7.68%

Listing Price: $5,299,000

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Retail

Central Illinois Urgent Care Center

Lincoln, IL

Price/Gross SF: $250.69

Cap Rate: 7.75%

Listing Price: $1,454,000

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Dollar General

Bessemer, MI

Years Remaining On Lease: 1.0

Cap Rate: 7.35%

Listing Price: $1,272,109

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Dollar General

Brazil, IN

Years Remaining On Lease: 11.6

Cap Rate: 7.25%

Listing Price: $1,295,201

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Dollar General

Shelburn, IN

Years Remaining On Lease: 11.3

Cap Rate: 7.25%

Listing Price: $1,174,055

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Alexandria Shoppes

Alexandria (Indianapolis MSA), IN

Price/Gross SF: $72.01

Cap Rate: 8.50%

Listing Price: $1,145,000

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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
GDP

Research Brief

Inflation

August 2025

Research Video

The Forces Driving Interest Rates Lower – Will They Last?

August 11, 2025

Research Video

CRE Space Demand Trends for 2Q

August 4, 2025

Employment

Research Brief

Employment

August 2025

GDP

Research Brief

Gross Domestic Product

August 2025

Research Video

Why CRE Fundamentals Are Poised To Improve

July 28, 2025

Economy

Research Brief

Retail Sales

July 2025

Research Video

Will Office Recovery Influence the Broader CRE Market?

July 21, 2025

GDP

Research Brief

Inflation

July 2025

mm industrial

Market Report

2025 U.S. Industrial Investment Outlook Midyear

2025 Outlook

Research Video

New Tax Laws Ease Uncertainty: Implications For CRE Investors

July 14, 2025

mm self storage

Market Report

2025 U.S. Self-Storage Investment Outlook Midyear

2025 Outlook

Employment

Research Brief

Employment

July 2025

Research Video

The Eye of the Storm? Interest Rates, Tariffs and Uncertainty

July 7, 2025

Research Video

Local Rent Gains and The Big Picture

June 30, 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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AmericInn Detroit Lakes

Press Releases

Marcus & Millichap Brokers Sale of 46-Room AmericInn Hotel in Detroit Lakes, Minn.

Marcus & Millichap announced today the sale of a 46-room AmericInn hotel property in Detroit Lakes, Minnesota.

August 14, 2025

Forefront Dermatology

Press Releases

Marcus & Millichap Arranges $2.5M Sale of Medical Office Property in Libertyville, Ill.

Marcus & Millichap announced today the sale of 1234 N Milwaukee Ave., a net-leased medical office occupied by Forefront Dermatology in Libertyville, Illinois.

August 14, 2025

8220 Fulton St E, Ada, MI 49301

Press Releases

Marcus & Millichap Arranges Sale of 342-Unit Self-Storage Facility Near Grand Rapids

Marcus & Millichap announced today the sale of Ada Attic Self-Storage, a 342-unit self-storage facility in Ada, Michigan

August 12, 2025

AAHOA North Central Hotel Owners Conference and Trade Show
Industry Events

AAHOA North Central Hotel Owners Conference and Trade Show

Holiday Inn West Chester, West Chester, OH
August 21, 2025
Wheeling Multi-Tenant Industrial Truck Parking

Press Releases

Marcus & Millichap Arranges $17.4M Sale and Financing of Industrial Property in Wheeling, Illinois

Marcus & Millichap announced today the sale and financing of 199 Shepard Avenue, a fully occupied industrial property located in Wheeling, Illinois.

August 07, 2025

Pine Crest Nursing Home

Press Releases

Marcus & Millichap Arranges $9.5M Sale of Skilled Nursing Facility in Merrill, Wisconsin

Marcus & Millichap announced today the sale of Pine Crest Nursing Home facility in Merrill, Wisconsin.

August 07, 2025

Davita Dialysis

Press Releases

Marcus & Millichap Arranges $4.2M Sale of Medical Office Property in Bronx, N.Y.

Marcus & Millichap announced today the sale of a net-leased DaVita Dialysis property situated in the New York MSA for $4.2 million.

August 05, 2025

Dunlap Square

Press Releases

Marcus & Millichap Arranges Sale of Wisconsin Mixed-Use Property for $7.25 Million

Marcus & Millichap announced today the sale of Dunlap Square, a 97-unit multifamily and office property in Marinette, Wisconsin, for $7.25 million.

August 04, 2025

Shops of Northwind

Press Releases

Marcus & Millichap Arranges $2.95M Sale of Four-Suite Strip Center in Libertyville, Ill.

Marcus & Millichap announced today the sale of The Shops of Northwind, a 20,416-square-foot, four-suite strip center in Libertyville, Illinois.

August 04, 2025

5455 W 86th St

Press Releases

Marcus & Millichap Arranges Sale of 25-Suite Office Property in Indianapolis

Marcus & Millichap announced today the sale of 5455 W. 86th Street, a 24,362-square-foot office building in Indianapolis, Indiana

July 30, 2025

Portillos

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Portillo’s Restaurant Property in Houston

Marcus & Millichap announced today the sale of a net-leased Portillo’s restaurant property in Houston, Texas.

July 30, 2025

Crow's Nest

Press Releases

Marcus & Millichap Brokers Sale of 90-Unit Apartment Property in De Pere, Wisconsin

Marcus & Millichap announced today the sale of Crow’s Nest Apartments, a 90-unit multifamily property located in De Pere, Wisconsin.

July 29, 2025

GRH Portfolio

Press Releases

Marcus & Millichap Brokers $6.65M Sale of 81-Unit Multifamily Portfolio in Michigan

Marcus & Millichap announced today the sale of an 81-unit multifamily portfolio in the Grand Rapids, Michigan MSA, for $6,651,000.

July 29, 2025

Range USA Louisiana

Press Releases

Marcus & Millichap Arranges Sale of Range USA Location in Baton Rouge, Louisiana

Marcus & Millichap announced today the sale of Range USA, a 14,933-square-foot shooting range and retail property located in Baton Rouge, Louisiana.

July 28, 2025

Loras Estates

Press Releases

Marcus & Millichap Brokers Sale of 14-Unit Multifamily Property in Dickeyville, Wis.

Marcus & Millichap announced today the sale of Laras Estates Apartment Homes, a 14-unit multifamily property in Dickeyville, Wisconsin.

July 28, 2025

Keep Exploring

News & Events