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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

Regional Manager
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.

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Net Lease

Pep Boys

Lansing, IL

Years Remaining On Lease: 5.4

Cap Rate: 6.90%

Listing Price: $6,450,371

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Net Lease

O'Reilly Auto Parts (NASDAQ: ORLY) | Fort Wayne | Long Term Lease | Investment Grade Credit Tenant

Fort Wayne, IN

Years Remaining On Lease: 16.3

Cap Rate: 4.75%

Listing Price: $3,060,842

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Office

Continental Title Company | Sale Leaseback

Overland Park, KS

Price/Gross SF: $198.29

Cap Rate: 6.15%

Listing Price: $3,250,000

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Net Lease

Red Lobster

Toledo, OH

Years Remaining On Lease: 22.1

Cap Rate: 6.00%

Listing Price: $5,096,396

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Retail

Shops of West Lawrence | Sprouts Anchored

Lawrence, KS

Price/Gross SF: $418.37

Cap Rate: 5.73%

Listing Price: $4,100,000

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Hospitality/Golf

Holiday Inn Express Omaha Airport

Carter Lake, IA

Price/Room: $115,882

Cap Rate: 9.40%

Listing Price: $9,850,000

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Hospitality/Golf

Hampton Inn Omaha Airport

Carter Lake, IA

Price/Room: $127,647

Cap Rate: 10.20%

Listing Price: $10,850,000

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Net Lease

Caliber Collision | New 15 Year NNN Lease

Kalamazoo, MI

Years Remaining On Lease: 14.7

Cap Rate: 5.45%

Listing Price: $2,182,000

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Hospitality/Golf

Country Inn & Suites Omaha Airport

Carter Lake, IA

Price/Room: $79,310

Cap Rate: 9.10%

Listing Price: $6,900,000

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Apartments

1028 N Austin Blvd

Oak Park, IL

Number of Units: 6

Cap Rate: 6.45%

Listing Price: $950,000

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Retail

Breton Plaza

Grand Rapids, MI

Cap Rate: 7.75%

Listing Price: $2,812,000

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Apartments

1232 N Austin Blvd

Oak Park, IL

Number of Units: 6

Cap Rate: 6.48%

Listing Price: $1,050,000

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Net Lease

Sherwin-Williams

Sunbury, OH

Years Remaining On Lease: 9.3

Cap Rate: 5.40%

Listing Price: $1,949,000

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Self-Storage

Tiger Self Storage

Clay Center, KS

Year Built: 1988

Cap Rate: 5.79%

Listing Price: $1,100,000

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Self-Storage

Eagle Self Storage

Joplin, MO

Year Built: 1976

Cap Rate: 3.82%

Listing Price: $1,800,000

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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.

Housing

Research Brief

Housing

June 2022

Research Video Image

Research Video

3 Significant CRE Trends for the Rest of 2022

June 27, 2022

Chicago Research

Market Report

Chicago Office Market Report

2Q 2022

Cincinnati Research

Market Report

Cincinnati Office Market Report

2Q 2022

Cleveland Research

Market Report

Cleveland Office Market Report

2Q 2022

Columbus Research

Market Report

Columbus Office Market Report

2Q 2022

Detroit Research

Market Report

Detroit Office Market Report

2Q 2022

Indianapolis Research

Market Report

Indianapolis Office Market Report

2Q 2022

Kansas City Research

Market Report

Kansas City Office Market Report

2Q 2022

Milwaukee Research

Market Report

Milwaukee Office Market Report

2Q 2022

Minneapolis Research

Market Report

Minneapolis-St. Paul Office Market Report

2Q 2022

St. Louis Research

Market Report

St. Louis Office Market Report

2Q 2022

Retail

Research Brief

Retail Sales

June 2022

Research Video Image

Research Video

What the Fed Rate Hike Means for CRE Investors

June 20, 2022

mm federal reserve

Special Report

Financial Markets

June 2022

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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.

Wealth Management

Media

Rising Interest Rates, Inflation Lead Investors to Reassess Which CRE Assets to Pursue

Multifamily and industrial continue to be in demand among commercial real estate investors, in spite of the new challenges. But the investment environment is changing and with it the calculus for which assets to invest in.

June 28, 2022

Connect Media 2019 Logo

Media

Industry Icons Update the State of the Market at Connect LA

Industry Icons Update the State-of-the-Market at Connect LA

June 28, 2022

Multi-Housing News

Media

What the New Housing Supply Action Plan Means for Manufactured Housing

How President Biden’s approach will impact new MHC supply.

June 21, 2022

Columbus-Office

Press Releases

Marcus & Millichap’s Columbus Office Moves To A New Office Space

Marcus & Millichap announced today that its Columbus office has relocated to 500 Neil Avenue in downtown Columbus’s Arena District.

June 21, 2022

Shops at Seminary

Press Releases

Marcus & Millichap Arranges the Sale of a 17,202-Square-Foot Retail Property

Marcus & Millichap announced today the sale of Shops at Seminary, a 17,202-square-foot retail property located in Galesburg, Illinois

June 17, 2022

My Place Brookings

Press Releases

Marcus & Millichap Arranges the Sale of a 63-Room Hospitality Property

Marcus & Millichap announced today the sale of My Place Brookings, a 63-room hospitality property located in Brookings, South Dakota, according to Todd E. Lindblom, regional manager of the firm’s Minneapolis office

June 17, 2022

Minneapolis Southwest KOA

Press Releases

Marcus & Millichap Arranges the Sale of Minneapolis Southwest KOA

Marcus & Millichap announced today the sale of Minneapolis Southwest KOA located in Jordan, Minnesota.

June 13, 2022

Laporte1

Press Releases

Marcus & Millichap Arranges the Sale of a 10,750-Square-Foot Office Building

Marcus & MIllichap announced today the sale of LaPorte NorthShore Health Center, a 4,800-square-foot office condo located in La Porte, Indiana, according to Grant Fitzgerald, regional manager of the firm’s Columbus office

June 10, 2022

Men's Warehouse

Press Releases

Marcus & Millichap Arranges the Sale of a 7,000-Square-Foot Net-Leased Property

Marcus & Millichap announced today the sale of Men's Warehouse, a 7,000-square-foot net-leased property located in Boardman, Ohio, according to Grant Fitzgerald, regional manager of the firm’s Cleveland office

June 08, 2022

Verona Road Self Storage

Press Releases

Marcus & Millichap Arranges the Sale of a 18,722-Squure-Foot Self-Storage Facility

Marcus & Millichap announced today the sale of Verona Road Self Storage, a 18,722-square-foot self-storage facility located in Fitchburg, Wisconsin, according to Grant Fitzgerald, regional manager of the firm’s Columbus office

June 07, 2022

GlobeSt.com

Awards

50 under 40 - Congratulations Seth I. Barnett

50 individuals under 40 who have forged a strong career path for themselves by delivering a strong value-add to their companies.

June 06, 2022

CoStar

Media

Marcus & Millichap Looks Within To Create Division Manager Roles in East

They Know the Ups and Downs That It Takes,' CEO Says

June 03, 2022

SFVBJ-Leadership-Awards-2022

Awards

Mentor Of The Year - Yunia Lubega

SFVBJ Mentor Of The Year - Yunia Lubega

June 03, 2022

John Horowitz

Press Releases

Marcus & Millichap Promotes John Horowitz to Northeast Division Manager

Marcus & Millichap announced today the promotion of John Horowitz to Northeast division manager.

June 01, 2022

Ryan Nee

Press Releases

Marcus & Millichap Promotes Ryan Nee to Senior Vice President and Southeast Division Manager

Marcus & Millichap announced the promotion of Ryan Nee to senior vice president and division manager of the Southeast.

June 01, 2022

Keep Exploring

News & Events