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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.

VIEW AVAILABLE MIDWEST LISTINGS VIEW AVAILABLE U.S. & CANADA LISTINGS
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Hospitality/Golf

Best Western Plus St. Louis West-Westport

Maryland Heights, MO

Price/Room: $67,073

Listing Price: $8,250,000

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Net Lease

Dunkin' | Cincinnati, OH

Cincinnati, OH

Years Remaining On Lease: 22.0

Cap Rate: 5.25%

Listing Price: $2,126,500

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Arby's

Evansville, IN

Years Remaining On Lease: 6.8

Cap Rate: 6.50%

Listing Price: $2,087,723

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Retail

Diamond Plaza | 3-Tenant Strip Across from Whole Foods | Mark to Market Opportunity

Columbus, OH

Price/Gross SF: $354.92

Cap Rate: 6.20%

Listing Price: $4,900,000

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KFC | Abs NNN Lease | Long-Term Investment with ±11.5 Yrs Remaining | Springfield MSA

Marshfield, MO

Years Remaining On Lease: 11.0

Cap Rate: 6.55%

Listing Price: $1,600,000

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Retail

McLean Square | Neighborhood Strip Retail

Elgin, IL

Price/Gross SF: $162.37

Cap Rate: 8.00%

Listing Price: $3,800,000

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Wawa | Indianapolis MSA

Anderson, IN

Years Remaining On Lease: 19.2

Cap Rate: 5.25%

Listing Price: $3,975,000

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LA Fitness | Recent 10 Yr Lease Extension | 7.50% Cap Rate | Top Performer

Broadview, IL

Years Remaining On Lease: 9.7

Cap Rate: 7.50%

Listing Price: $12,000,000

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Walgreens | Lafayette, IN

Lafayette, IN

Years Remaining On Lease: 56.6

Cap Rate: 11.00%

Listing Price: $2,990,909

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Walgreens | Kendallville, IN

Kendallville, IN

Years Remaining On Lease: 56.6

Cap Rate: 11.00%

Listing Price: $2,890,909

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Retail

Laketown Shopping Center

Springfield, IL

Cap Rate: 10.00%

Listing Price: $1,411,576

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Wendy's - New 20-Year Lease | 390+ Unit Operator

Paw Paw, MI

Cap Rate: 6.50%

Listing Price: $1,846,154

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Wawa Ground Lease

Lebanon (Cincinnati MSA), OH

Years Remaining On Lease: 20.2

Cap Rate: 5.25%

Listing Price: $4,800,000

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Hospitality/Golf

Four Points by Sheraton Saginaw

Saginaw, MI

Price/Room: $71,333

Cap Rate: 11.58%

Listing Price: $10,700,000

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Take 5 (1.14-Acre Hard Corner Site)

Rochester, MN

Years Remaining On Lease: 13.4

Cap Rate: 7.50%

Listing Price: $2,958,000

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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

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

Employment

Research Brief

Employment

July 2026

Research Video

The Multifamily Development Reset — An Opportunity for Investors?

July 7, 2026

Research Video

Short-Term Headwinds, Long-Term Tailwinds

July 2, 2026

Housing

Research Brief

Housing

July 2026

Research Video

Key Advantages of CRE Investments Today

June 26, 2026

Economy

Research Brief

Retail Sales

June 2026

GDP

Research Brief

Financial Markets

June 2026

Research Video

Can CRE Provide Investment Inflation Resistance?

June 19, 2026

Research Video

How Stronger Hiring and Rising Inflation Could Shape CRE

June 12, 2026

GDP

Research Brief

Inflation

June 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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Marcus & Millichap

Press Releases

Marcus & Millichap Selects Deferred as Preferred 1031 Exchange Provider

Deferred joins Marcus & Millichap’s Preferred Partner Program as a technology-powered qualified intermediary providing 1031 exchange solutions for real estate investors.

July 23, 2026

Cardiovascular Specialty Care Center

Press Releases

Marcus & Millichap Arranges $8.8M Sale of Cardiovascular Specialty Care Center in Covington, Louisiana

Marcus & Millichap announced today the sale of a 10,690-square-foot medical office property, occupied by Cardiovascular Specialty Care Center, in Covington, Louisiana.

July 23, 2026

12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
Beacon Orthopedic Medical Center

Press Releases

Marcus & Millichap Brokers $9.9M Sale of Medical Office Property in Cincinnati

Marcus & Millichap announced today the sale of 8099 Cornell Road, a 26,107-square-foot medical office building in Cincinnati, Ohio.

July 22, 2026

Lincoln Woods Apartments

Press Releases

Marcus & Millichap Brokers Sale of 58-Unit Multifamily Property in Ingleside, Illinois

Marcus & Millichap announced today the sale of Lincoln Woods Apartments, a 58-unit multifamily property in Ingleside, Illinois.

July 22, 2026

Fairfield Inn Omaha

Press Releases

Marcus & Millichap Arranges Sale of 113-Room Fairfield Inn & Suites in Downtown Omaha

Marcus & Millichap announced today the sale of a 113-room Fairfield Inn & Suites property in Omaha, Nebraska.

July 20, 2026

The Apartments at Riverlife

Press Releases

Marcus & Millichap Arranges $15M Sale of 75-Unit Multifamily Property in Wausau, Wis.

Marcus & Millichap announced today the sale of The Apartments at Riverlife, a 75-unit multifamily property in Wausau, Wisconsin.

July 17, 2026

Storming Crab

Press Releases

Marcus & Millichap Brokers Sale of Net-Leased Storming Crab Restaurant in Rockford, Illinois

Marcus & Millichap announced today the sale of a net-leased restaurant property occupied by Storming Crab in Rockford, Illinois.

July 17, 2026

Whitney Lofts

Press Releases

Marcus & Millichap Facilitates $4.8M Sale of 23-Unit Multifamily Property in Green Bay

Marcus & Millichap announced today the sale of Whitney School Lofts Apartments, a 23-unit multifamily property located in Green Bay, Wisconsin.

July 16, 2026

1401 Harvester Rd

Press Releases

Marcus & Millichap Arranges $7M Sale of 5.9-Acre Industrial Property in West Chicago

Marcus & Millichap announced today the sale of a 23,000-square-foot single-tenant industrial property in West Chicago, Illinois.

July 16, 2026

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE Features Marcus & Millichap CEO Hessam Nadji

CRE Investment on the Rise? The Forces Bolstering Investment Property

July 16, 2026

Comfort Inn Indiana

Press Releases

Marcus & Millichap Arranges Sale of 98-Room Comfort Inn in Anderson, Indiana

Marcus & Millichap announced today the sale of a 98-room Comfort Inn hotel property in Anderson, Indiana.

July 15, 2026

McLaren Mich

Press Releases

Marcus & Millichap Arranges $5.8M Sale of Two-Suite Medical Office Property in Davison, Michigan

Marcus & Millichap announced today the sale of a 50,017-square-foot medical office property occupied by McLaren Health Management Group and The Cottage of Davison, in Davison, Michigan.

July 15, 2026

Goddard School Tenn

Press Releases

Marcus & Millichap Arranges Sale and Financing of The Goddard School Childcare Facility in Knoxville, Tennessee

Marcus & Millichap announced today the sale of a net-leased childcare facility occupied by The Goddard School in Knoxville, Tennessee, for $4,929,000.

July 13, 2026

Auto Zone NY

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased AutoZone Property in Buffalo, N.Y.

Marcus & Millichap announced today the sale of a net-leased AutoZone property in Buffalo, New York.

July 13, 2026

Keep Exploring

News & Events