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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

Vice President/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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Self-Storage

Space Squared Self Storage

Grand Rapids, MI

Year Built: 1995

Listing Price: $5,100,000

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Net Lease

Wendy's

Eastpointe, MI

Years Remaining On Lease: 14.0

Cap Rate: 6.00%

Listing Price: $2,442,000

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Apartments

7515 South Phillips Avenue

Chicago, IL

Number of Units: 6

Cap Rate: 9.00%

Listing Price: $540,000

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Hospitality/Golf

La Quinta Inn & Suites Rochester 2014 Build

Rochester, MN

Price/Room: $73,494

Cap Rate: 3.10%

Listing Price: $6,100,000

Bidding Starts: Jul 29, 2024
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Hospitality/Golf

Country Inn & Suites Portage

Portage, IN

Price/Room: $30,000

Bidding Ends: Jul 31, 2024

Starting Bid: $3,000,000

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Retail

Pacific Plaza

Pacific, MO

Price/Gross SF: $52.69

Cap Rate: 7.67%

Listing Price: $1,950,000

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Net Lease

AutoZone, Inc. Early Extension - Abs. NNN

Gardner, KS

Years Remaining On Lease: 9.5

Cap Rate: 6.15%

Listing Price: $1,835,317

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Net Lease

New Price | Vasa Fitness | 8.00% Cap Rate | 15-Year Lease | Target Shadow Anchor | Brand New Roof

Wheaton, IL

Years Remaining On Lease: 14.4

Cap Rate: 8.00%

Listing Price: $12,363,000

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Medical Office

Class-A Ambulatory Surgical Center | Abs. Net Lease | 3% Annual Increases | Cincinnati MSA

Springboro, OH

Gross SF: 25,705

Cap Rate: 7.01%

Listing Price: $16,750,000

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Office

Merrillville Professional Office

Merrillville, IN

Price/Gross SF: $144.94

Cap Rate: 8.70%

Listing Price: $4,818,263

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Retail

Add Value Walmart & Menards Outparcel

Antioch, IL

Price/Gross SF: $195.37

Cap Rate: 8.00%

Listing Price: $4,244,000

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Medical Office

Lake Medical Building

Osage Beach, MO

Gross SF: 6,116

Cap Rate: 7.25%

Listing Price: $1,800,000

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Industrial

1450 McPherson Park Dr

Howell, MI

Price/Gross SF: $89.02

Cap Rate: 7.25%

Listing Price: $15,515,000

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Net Lease

Whataburger Corporate Store | 1,000+ Locations

Harrisonville, MO

Years Remaining On Lease: 14.2

Cap Rate: 5.50%

Listing Price: $2,091,000

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Hospitality/Golf

Econo Lodge Inn & Suites Escanaba

Escanaba, MI

Price/Room: $38,983

Listing Price: $2,300,000

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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.

Office

Special Report

Office National Report

2Q 2024

Medical

Special Report

Medical Office National Report

1H 2024

Research Video

Why The Fed’s So Cautious About Cutting Rates

June 17, 2024

Research Video

Perceptions of the CRE Investment Market

June 10, 2024

Employment

Research Brief

Employment

June 2024

Research Video

What's the Long Term CRE Outlook?

June 3, 2024

Housing

Research Brief

Housing

May 2024

GDP

Research Brief

Inflation

May 2024

mm multifamily

Special Report

Multifamily National Report

2Q 2024

Retail

Research Brief

Retail Sales

May 2024

mm net lease

Special Report

U.S. Single-Tenant Net-Lease Retail National Report

1H 2024

Research Video

What April Inflation Data Means for Investors

May 20, 2024

Research Video

Potential Risks Investors Should Monitor

May 13, 2024

Research Video

What the Affordability Gap Means for Investors

May 7, 2024

Research Video

1Q CRE Fundamentals Update

May 6, 2024

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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.

Retail Trends 2024
Marcus & Millichap Events

Retail Trends 2024

Webcast Replay
June 13, 2024
Highland Park

Press Releases

Marcus & Millichap Arranges $8.5M Sale of Multifamily Property in Minnesota

Marcus & Millichap announced today the sale of Highland Park, a 77-unit apartment property located in Fridley, Minnesota.

June 17, 2024

Advance Auto Parts - Jasper, IN

Press Releases

Marcus & Millichap Arranges the Sale of a 7,030 Square Foot Net-Leased Property in Indiana

Marcus & Millichap announced today the sale of Advance Auto Parts, a 7,030-square foot net-leased property located in Jasper, Indiana.

June 17, 2024

Verizon - Bloomington

Press Releases

Marcus & Millichap Arranges the Sale of a 4,324 Square Foot Net-Leased Property in Illinois

Marcus & Millichap announced today the sale of Verizon, a 4,324-square foot net-leased property located in Bloomington, Illinois.

June 17, 2024

Self Storage Beach Park IL

Press Releases

Marcus & Millichap Arranges the Sale of a 57,040-Square-Foot Self-Storage Property in Beach Park, Illinois

Marcus & Millichap announced today the sale of Self Storage of Beach Park, a 57,050-square-foot self-storage property located in Beach Park, Illinois.

June 12, 2024

Access Storage

Press Releases

Marcus & Millichap Announces the Sale of Access Storage, an 83,223-Square-Foot Self-Storage Facility in Texas

Marcus & Millichap announced today the sale of Access Storage, a 83,223-square-foot self-storage facility located in Corpus Christi, Texas.

June 12, 2024

Walgreens - Fort Wayne, IN

Press Releases

Marcus & Millichap Arranges the Sale of a Former Walgreens Building in Indiana

Marcus & Millichap announced today the sale of a former Walgreens building located in Fort Wayne, Indiana.

June 13, 2024

Holiday Inn Express & Owings Mills

Press Releases

Marcus & Millichap Facilitates Sale of Holiday Inn Express & Suites in Maryland

Marcus & Millichap announced today the sale of an 86-room Holiday Inn Express & Suites in Owings Mills, Maryland.

June 11, 2024

Jan Coonley, Chief People Officer

Press Releases

Marcus & Millichap Names Chief People Officer

Marcus & Millichap announced today the hiring of chief people officer Jan Coonley.

June 10, 2024

Shops at the Crossings

Press Releases

Marcus & Millichap Announces the Sale of Shops at the Crossings, a Retail Property in Michigan

Marcus & Millichap announced today the sale of Shops at the Crossings, a 48,364-square-foot retail property located in Auburn Hills, Michigan.

June 04, 2024

Taco Johns in Milwaukee

Press Releases

Marcus & Millichap Arranges the Sale of Milwaukee Net Leased Taco John's

Marcus & Millichap announced today the sale of Taco John's, a 2023 construction net-leased property located in Milwaukee, Wisconsin.

June 03, 2024

Multi-Housing News

Media

2024 Top Brokerage Firms

MHN unveils the 15 leading firms—plus the top performers for sales volume and product diversity—in our latest annual ranking.

May 29, 2024

CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

The Forces Shaping Retail Real Estate

May 24, 2024

CubeSmart in Kenosha, WI

Press Releases

Marcus & Millichap Arranges the Sale of CubeSmart (Managed) in Kenosha, Wisconsin

Marcus & Millichap today announced the sale of a 90,900-square-foot CubeSmart (Managed) self-storage property.

May 13, 2024

Caliber Collision OFallon

Press Releases

Marcus & Millichap Arranges the Sale of a Net-Leased Property in O’Fallon, Illinois

Marcus & Millichap announced today the sale of Caliber Collision, a net-leased property located in O'Fallon, Illinois

May 06, 2024

Keep Exploring

News & Events