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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
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

Chili's

Franklin, IN

Years Remaining On Lease: 4.3

Cap Rate: 5.85%

Listing Price: $2,377,600

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Net Lease

Lightbridge Academy (200+ Locations) | 15-Year Absolute NNN | 2.5% Annual Increases

Ann Arbor, MI

Years Remaining On Lease: 15.3

Cap Rate: 8.25%

Listing Price: $6,545,000

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Apartments

Carriage Hill Apartments

Davenport, IA

Number of Units: 44

Cap Rate: 7.64%

Listing Price: $2,395,000

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Heartland Dental

Richmond, IN

Years Remaining On Lease: 11.4

Cap Rate: 5.75%

Listing Price: $3,367,000

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Bidding Starts: Nov 16, 2026
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Land

Auction - W 5th & Market Corner Site | Flat Paved, Near Shovel-Ready

New Albany, IN

Lot Size: 0.51 acres

Bidding Ends: Nov 18, 2026

Starting Bid: $50,000

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Self-Storage

Dynamic Storage Spaces

Bondurant, IA

Year Built: 2026

Listing Price: Request For Offer

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Industrial

17550-17546 Chicago Avenue

Lansing, IL

Price/Gross SF: $86.33

Cap Rate: 10.08%

Listing Price: $600,000

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Dollar General

Mount Olive, IL

Years Remaining On Lease: 2.4

Cap Rate: 10.49%

Listing Price: $388,000

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Heartland Dental | Corporate Absolute NNN Lease

Shelby Township, MI

Years Remaining On Lease: 8.4

Cap Rate: 5.75%

Listing Price: $3,344,000

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Speedway (7-Eleven Guaranty) | New 15-Year Lease

Cleveland, OH

Years Remaining On Lease: 14.2

Cap Rate: 5.35%

Listing Price: $6,570,000

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Industrial

Vacant Industrial Building

Howell, MI

Price/Gross SF: $63.83

Listing Price: $1,150,000

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Industrial

1608 Firestone Lane

Valparaiso, IN

Price/Gross SF: $87.36

Cap Rate: 8.87%

Listing Price: $430,000

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Cloud Cannabis - Established Cannabis Operator | Detroit - Strong Demos | Favorable 3% Annual Bumps

Detroit, MI

Years Remaining On Lease: 7.2

Cap Rate: 8.00%

Listing Price: $4,017,000

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Dollar General

Bancroft, MI

Years Remaining On Lease: 8.4

Cap Rate: 7.18%

Listing Price: $1,250,000

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Apartments

125 Park Terrace - Hamilton

Hamilton, OH

Number of Units: 16

Cap Rate: 6.50%

Listing Price: $995,000

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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

Do Macro Trends Tell the Real Story?

October 23, 2026

Economy

Research Brief

Inflation

October 2026

Economy

Research Brief

Retail Sales

October 2026

Research Video

Slowing Development Key to CRE Outlook

October 16, 2026

Research Video

Job Creation Downshift Reshapes CRE Outlook

October 9, 2026

Housing

Research Brief

Housing

October 2026

Employment

Research Brief

Employment

October 2026

Research Video

Despite Headwinds, Economy Remains Durable

October 2, 2026

Research Video

Strong Retail Sales Reinforce CRE Outlook

September 23, 2026

Economy

Research Brief

Retail Sales

September 2026

Research Video

Fed Rate Hike: Challenge or Opportunity?

September 18, 2026

GDP

Research Brief

Financial Markets

September 2026

mm financial

Research Brief

Inflation

September 2026

Research Video

Three Forces Pushing Interest Rates Higher

September 11, 2026

Employment

Research Brief

Employment

September 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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Barr Storage & Flex Warehousing

Press Releases

Marcus & Millichap Closes 399,273-Square-Foot Self-Storage and Flex Warehouse Asset Sale in East-Central Wisconsin

Marcus & Millichap announced today the sale of Barr Storage & Flex Warehousing, a 399,273-square-foot self-storage and flex warehouse asset in Oshkosh, Wisconsin.

October 22, 2026

WMA Convention & Expo 2026
Industry Events

WMA Convention & Expo

M Resort Spa Casino, Henderson, NV
October 26 – October 29, 2026
8377 Green Meadows Dr

Press Releases

Marcus & Millichap Arranges Sale of Multi-Tenant Industrial Investment Property in Lewis Center, Ohio

Marcus & Millichap announced today the sale of 8377 Green Meadows Drive, a 28,860-square-foot industrial property in Lewis Center, Ohio.

October 21, 2026

Defease With Ease PR Logo

Press Releases

Marcus & Millichap Names Defease With Ease | Thirty Capital a Preferred Partner for Debt Management Services

Marcus & Millichap announced that Defease With Ease | Thirty Capital has joined the firm’s Preferred Partner Program, providing clients with access to specialized expertise in defeasance, interest rate hedging and yield maintenance.

October 21, 2026

The Reserve at Greenwood Hills

Press Releases

Marcus & Millichap Arranges $5.53M Sale of Luxury Multifamily Community in Wausau, Wisconsin

Marcus & Millichap announced today the sale of The Reserve at Greenwood Hills, a 16-unit luxury multifamily community in Wausau, Wisconsin.

October 14, 2026

Briggs Flats

Press Releases

Marcus & Millichap Brokers $2.2M Sale of 22-Unit Multifamily Property in Indianapolis

Marcus & Millichap announced today the sale of Briggs Flats, a 22-unit multifamily property in Indianapolis, Indiana.

October 14, 2026

Learning Tree

Press Releases

Marcus & Millichap Arranges $2.97M Sale of The Learning Tree Child-Care Facility in Huntley, Illinois

Marcus & Millichap announced today the sale of a net-leased child-care facility occupied by The Learning Tree, in Huntley, Illinois.

October 13, 2026

Mister Car Wash

Press Releases

Marcus & Millichap Arranges $6.01M Sale of Mister Car Wash in Port Charlotte, Florida

Marcus & Millichap announced today the sale of a net-leased Mister Car Wash property in Port Charlotte, Florida.

October 13, 2026

3720 E State St, Rockford, IL 61108

Press Releases

Marcus & Millichap Brokers Sale of Self-Storage Facility and Retail Center in Rockford, Illinois

Marcus & Millichap announced today the sale of 3720 E. State St., a self-storage facility and retail center in Rockford, Illinois

October 12, 2026

Starbucks Hartselle

Press Releases

Marcus & Millichap Brokers $2.8M Sale of Starbucks Property in Hartselle, Alabama

Marcus & Millichap announced today the sale of a net-leased Starbucks property in Hartselle, Alabama, for $2,794,117.

October 12, 2026

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

How Will CRE Investors Adapt? Rising Interest Rates and The CRE Space Demand

October 09, 2026

Canton Manor

Press Releases

Marcus & Millichap Brokers $3.8M Sale of 55-Unit Multifamily Community in Canton, Michigan

Marcus & Millichap announced today the sale of Canton Manor Apartments, an age 55 and older multifamily community in Canton, Michigan.

October 07, 2026

Marcus & Millichap

Awards

Dominic Sulo Recognized by Crain’s Chicago Business 40 Under 40

Dominic Sulo, senior managing director investments in Marcus & Millichap’s Chicago Oak Brook office, was recognized by Crain’s Chicago Business as part of its 2026 40 Under 40 program.

October 06, 2026

Coldwater Plaza

Press Releases

Marcus & Millichap Arranges $2.58M Sale of Big Red Liquors Anchored Shopping Center in Fort Wayne, Indiana

Marcus & Millichap announced today the sale of Coldwater Plaza, a four tenant retail strip property located in Fort Wayne, Indiana.

October 05, 2026

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Will Elevated Interest Rates Force CRE Pricing Recalibration?

October 05, 2026

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News & Events