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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.

Joseph Powers

Joseph 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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Self-Storage

National Storage Centers

Columbus, OH

Year Built: 2018

Cap Rate: 6.32%

Listing Price: $7,500,000

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Apartments

1315 N. Cass Street

Milwaukee, WI

Number of Units: 36

Cap Rate: 6.72%

Listing Price: $2,875,000

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Net Lease

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

Marshfield, MO

Years Remaining On Lease: 11.1

Cap Rate: 6.30%

Listing Price: $1,650,000

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Net Lease

Verizon | New 10-Year Lease Extension | Outparcel to Sam’s Club and The Home Depot

Garden City, KS

Years Remaining On Lease: 9.3

Cap Rate: 6.75%

Listing Price: $1,770,000

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Industrial

Taylor Road Industrial and Outdoor Storage

Blacklick, OH

Cap Rate: 1.83%

Listing Price: $2,995,000

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Office

ABM Industries (NYSE: ABM) - New 7 Yr Lease Extension

Chicago, IL

Price/Gross SF: $164.06

Cap Rate: 8.00%

Listing Price: $1,312,500

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Net Lease

Verizon | New Construction 10-Yr Lease

Harvard, IL

Years Remaining On Lease: 9.6

Cap Rate: 7.50%

Listing Price: $2,226,000

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Medical Office

Salem Regional Medical Center | New Expansion Location

East Liverpool, OH

Gross SF: 11,800

Cap Rate: 8.25%

Listing Price: $2,145,545

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Net Lease

Get Air Trampoline Park | 11.2% Cap

Downers Grove, IL

Years Remaining On Lease: 2.2

Cap Rate: 11.20%

Listing Price: $3,275,000

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Net Lease

Valvoline Instant Oil Change in South Bend, IN | 10 Year Absolute NNN Lease | Major Retail Area

South Bend, IN

Years Remaining On Lease: 9.9

Cap Rate: 6.05%

Listing Price: $2,000,000

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Retail

McDonald's Anchored Center

Brillion, WI

Price/Gross SF: $166.02

Cap Rate: 7.04%

Listing Price: $850,000

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Net Lease

Pizza Hut |Absolute NNN Lease | ±13 Years Remaining |1.5% Annual Rent Increases

Larned, KS

Years Remaining On Lease: 12.6

Cap Rate: 7.50%

Listing Price: $910,841

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Apartments

Pine Creek II Apartments

Wisconsin Dells, WI

Number of Units: 4

Cap Rate: 6.45%

Listing Price: $1,100,000

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Self-Storage

People's Choice Storage - N Hillside

Wichita, KS

Year Built: 1975

Cap Rate: 4.18%

Listing Price: $4,500,000

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Self-Storage

People's Choice Storage - W Kellogg

Wichita, KS

Year Built: 1974

Listing Price: $3,000,000

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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

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

Employment

Research Brief

Employment

June 2026

Research Video

Inflation vs. Summer Travel — Hospitality Outlook

June 5, 2026

Research Video

The Forces Driving Interest Rates

May 29, 2026

Research Video

The Forces Driving the Industrial Real Estate Outlook

May 22, 2026

Employment

Research Brief

Retail Sales

May 2026

GDP

Research Brief

Inflation

May 2026

Research Video

What Is Fueling Retail Investment Momentum?

May 15, 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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Classic Collision

Press Releases

Marcus & Millichap Arranges Sale and Financing of Classic Collision Property in San Antonio

Marcus & Millichap announced today the sale of Classic Collision, a net-leased auto service property located in San Antonio, Texas.

July 01, 2026

Diamond Plaza

Press Releases

Marcus & Millichap Arranges $2.56M Sale of Three-Tenant Retail Center in McHenry, Ill.

Marcus & Millichap announced today the sale of Diamond Plaza, a three-tenant retail center anchored by Verizon Wireless and Biggby Coffee, in McHenry, Illinois.

July 01, 2026

CSSA Annual Self Storage Owners Summit
Industry Events

CSSA 21st Annual Self Storage Owners Summit

Balboa Bay Resort, Newport Beach, CA
July 16, 2026
12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
Andee Robb

Press Releases

Marcus & Millichap Appoints Head of Retail Leasing & Advisory Services

Marcus & Millichap announced today that Andee Robb has joined Marcus & Millichap as head of Retail Leasing & Advisory Services, a newly established role that reflects Marcus & Millichap’s continued investment in providing market-leading solutions to clients.

June 30, 2026

Thomas Gorman

Press Releases

Marcus & Millichap Appoints National Director of Net Lease Division

Marcus & Millichap announced today that Thomas Gorman has been appointed senior managing director and leader of its national net lease division, a newly created leadership role that reflects Marcus & Millichap’s continued investment in expanding the firm’s national net lease business.

June 25, 2026

Connect CRE Logo

Awards

Chris Garavaglia Recognized by Connect CRE’s Next Gen Awards

Chris Garavaglia, managing director investments in Marcus & Millichap’s St. Louis office, was recognized by Connect CRE as part of its Next Gen Awards program.

June 24, 2026

Willowbrae Academy

Press Releases

Marcus & Millichap Brokers $5.32M Sale of Willowbrae Academy Property in Sun Prairie, Wisconsin

Marcus & Millichap announced today the sale of a net-leased childcare facility, occupied by Willowbrae Academy, in Sun Prairie, Wisconsin.

June 24, 2026

SMC Integration Solutions

Press Releases

Marcus & Millichap Arranges Sale of Single-Tenant Industrial Property in Nicholasville, Kentucky

Marcus & Millichap announced today the sale of a 43,125-square-foot industrial property, occupied by SMC Integration Solutions, in Nicholasville, Kentucky.

June 24, 2026

O'Hare Airport Adjacent Strip Center

Press Releases

Marcus & Millichap Arranges $3.5M Sale of Six-Suite Retail Property Near O'Hare International Airport

Marcus & Millichap announced today the sale of a six-suite retail strip property in Schiller Park, Illinois, for $3.5 million.

June 23, 2026

Chipotle and First Watch

Press Releases

Marcus & Millichap Brokers $5.55M Sale of Chipotle and First Watch Property in Algonquin, Illinois

Marcus & Millichap announced today the sale of a brand-new, two-tenant retail property, occupied by Chipotle and First Watch, in Algonquin, Illinois.

June 22, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management

Providing commercial real estate investors greater visibility into insurance costs and risk

June 18, 2026

Grand Plaza East

Press Releases

Marcus & Millichap Brokers $2.85M Sale of Five-Suite Retail Center in Waukegan, Illinois

Marcus & Millichap announced today the sale of Grand Plaza East, a five-suite retail center located in Waukegan, Illinois.

June 18, 2026

935-937 West Armitage Avenue

Press Releases

Marcus & Millichap Arranges $6.6M Sale of Mixed-Use Property in Chicago’s Lincoln Park Neighborhood

Marcus & Millichap announced today the sale of 935-937 W. Armitage Ave., a mixed-use multifamily and retail property in Chicago's Lincoln Park neighborhood.

June 18, 2026

1316 Bond St

Press Releases

Marcus & Millichap Arranges $3.7M Sale of Single-Tenant Professional Flex Building in Naperville, Illinois

Marcus & Millichap announced today the sale of 1316 Bond St., a 22,178-square-foot office property occupied by Weaver Consulting Group, in Naperville, Illinois.

June 18, 2026

Keep Exploring

News & Events