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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

Vice President/Regional Manager
Direct: (312) 327-5460
Clayton Isacson

Clayton Isacson

Sales Manager
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.

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Apartments

Sheridan Apartments

Pekin, IL

Number of Units: 24

Cap Rate: 9.39%

Listing Price: $1,295,000

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Retail

Kellogg Crossing

Wichita, KS

Price/Gross SF: $71.52

Cap Rate: 8.95%

Listing Price: $7,100,000

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Manufactured Housing

Mobile Grove

Conneaut, OH

Price/Space: $40,511

Cap Rate: 6.07%

Listing Price: $5,550,000

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Net Lease

Dollar General

Mount Olive, IL

Years Remaining On Lease: 3.3

Cap Rate: 8.22%

Listing Price: $465,000

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Net Lease

Sun Auto Tire | Rare 20 Yr Abs. Net w/ Strong 2% Annual Increases | Indiana | 465+ Unit Guarantor

Evansville, IN

Years Remaining On Lease: 19.3

Cap Rate: 6.30%

Listing Price: $4,727,619

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Land

COMMERCIAL DEVELOPMENT LAND

Avon, OH

Lot Size: 7.00 acres

Listing Price: $1,650,000

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Net Lease

Burger King

Monett, MO

Years Remaining On Lease: 3.0

Cap Rate: 7.25%

Listing Price: $1,595,000

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Net Lease

Dollar General

Pontoon Beach, IL

Years Remaining On Lease: 5.7

Cap Rate: 7.50%

Listing Price: $521,000

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Net Lease

Mattress Firm

Youngstown, OH

Years Remaining On Lease: 4.5

Cap Rate: 7.50%

Listing Price: $2,360,000

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Hospitality/Golf

St. James Golf Course and Restaurant

Saint James, MN

Cap Rate: 3.15%

Listing Price: $2,950,000

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Net Lease

QuikTrip - Kansas City

Kansas City, MO

Years Remaining On Lease: 6.3

Cap Rate: 5.40%

Listing Price: $6,906,888

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Apartments

740 Sheridan Rd

Highwood, IL

Number of Units: 9

Cap Rate: 6.20%

Listing Price: $1,495,000

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Hospitality/Golf

Comfort Inn & Suites Dimondale - Lansing

Dimondale, MI

Price/Room: $41,250

Listing Price: $3,300,000

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Maverik (Kum & Go)

Springfield, MO

Years Remaining On Lease: 12.2

Cap Rate: 5.65%

Listing Price: $5,251,327

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Brand New Chipotle with Chipotlane Drive-Thru | 15 Year Abs NNN Lease | Affluent Cincinnati Suburb

Sharonville, OH

Years Remaining On Lease: 14.9

Cap Rate: 5.25%

Listing Price: $3,047,619

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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

Are We Entering a New CRE Investment Cycle?

October 27, 2025

Employment

Research Brief

Retail Sales

October 2025

US Money

Research Brief

Investor Insights

October 2025

Research Video

Leading Economists' Predictions for 2026

October 20, 2025

Economy

Research Brief

Economic Indicators for 2026

October 2025

mm retail

Market Report

Retail National Report

3Q 2025

Research Video

Four Reasons CRE Deal Flow Is Poised to Accelerate

October 13, 2025

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Research Brief

Capital Markets

October 2025

Employment

Research Brief

Employment

October 2025

Research Video

Will The Federal Shutdown Impact CRE?

October 6, 2025

US Money

Research Brief

Government Shutdown

October 2025

Housing

Research Brief

Housing

September 2025

Research Video

How Baby Boomers Are Transforming the CRE Landscape

September 29, 2025

Employment

Research Brief

Demographics

September 2025

Economy

Research Brief

Retail Sales

September 2025

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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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Special Webcast: 2026 CRE Investment Outlook
Marcus & Millichap Events

Special Webcast: 2026 CRE Investment Outlook

Live Webcast
October 29, 2025
Walmart Portfolio

Press Releases

Marcus & Millichap Represents Buyer in Sale of 34-Property Walmart-Anchored Portfolio

Marcus & Millichap announced today that the firm represented the buyer in the sale of a 34-property Walmart-anchored and shadow-anchored retail portfolio spanning 13 states.

October 28, 2025

Alter Brewing Co

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Restaurant Property in Oak Brook, Illinois

Marcus & Millichap announced today the sale of a net-leased restaurant property, currently occupied by Alter Brewing Co., in Oak Brook, Illinois.

October 23, 2025

1634 West Thorndale Ave

Press Releases

Marcus & Millichap Arranges Sale of 12-Unit Chicago Multifamily Property for $2.53M

Marcus & Millichap announced today the sale of 1634 West Thorndale Avenue, a 12-unit multifamily property in Chicago, Illinois.

October 22, 2025

Aldi Shadow Anchored Center

Press Releases

Marcus & Millichap Brokers Close Highest Price-Per-Square-Foot Sale of Ottawa Shopping Center in Five Years

Marcus & Millichap announced today the sale of a 10-suite, two-building, ALDI shadow anchored retail property in Ottawa, Illinois, for $4.4 million.

October 21, 2025

Platteville Portfolio

Press Releases

Marcus & Millichap Arranges Sale and Financing of 66-Unit Multifamily Portfolio in Platteville, Wisconsin for $5.05M

Marcus & Millichap announced the sale of a 66-unit multifamily portfolio in Platteville, Wisconsin, for $5.05 million.

October 21, 2025

Caliber Collision and Enterprise

Press Releases

Marcus & Millichap Arranges Sale of Caliber Collision and Enterprise Property in Harrison, Ohio

Marcus & Millichap announced today the sale of a two-suite retail property, occupied by Caliber Collision and Enterprise, in Harrison, Ohio.

October 20, 2025

1542 N Damen and 2010 W Pierce

Press Releases

Marcus & Millichap Arranges Sale of $15.5M Mixed-Use Property in Chicago

Marcus & Millichap announced today the sale of a mixed-use property including 22 multifamily units and five commercial suites in Chicago, Illinois, for $15.5 million.

October 20, 2025

Deer Chase Apartments

Press Releases

Marcus & Millichap Closes 288-Unit Multifamily Asset Sale in Suburban Indianapolis

Marcus & Millichap announced today the sale of Deer Chase Apartments, a 288-unit multifamily property in Noblesville, Indiana.

October 16, 2025

Whispering Pines

Press Releases

Marcus & Millichap Arranges $2.86M Sale of 48-Unit Multifamily Property in Paulding, Ohio

Marcus & Millichap announced today the sale of Whispering Pines, a 48-unit multifamily property in Paulding, Ohio, for $2,855,000.

October 14, 2025

5019 North Ashland Ave

Press Releases

Marcus & Millichap Arranges Sale of Chicago Multifamily Property for $2.6 Million

Marcus & Millichap announced today the sale of 5019 North Ashland Avenue, a seven-unit multifamily property in Chicago, Illinois, for $2.6 million.

October 14, 2025

3637 Bellaire Avenue

Press Releases

Marcus & Millichap Facilitates Sale of 18-Unit Multifamily Property in White Bear Lake, Minnesota for $2.46M

Marcus & Millichap announced today the sale of 3637 Bellaire Avenue, an 18-unit multifamily property in White Bear Lake, Minnesota, for $2,455,000.

October 14, 2025

North Town Storage

Press Releases

Marcus & Millichap Arranges Sale of 402-Unit Self-Storage Property in Fremont, Ohio

Marcus & Millichap announced today the sale of North Town Storage, a 402-unit self-storage property in Fremont, Ohio.

October 09, 2025

Four Points

Press Releases

Marcus & Millichap Arranges Sale of Four Points by Sheraton Chicago O’Haire Airport

Marcus & Millichap announced today the sale of the Four Points by Sheraton Chicago O’Hare Airport hotel property in Schiller Park, Illinois.

October 06, 2025

2525 North Clark Street

Press Releases

Marcus & Millichap Facilitates Sale of Chicago Mixed-Use Property for $4.4M

Marcus & Millichap announced today the sale of 2525 North Clark Street, a mixed-use property in Chicago’s Lincoln Park neighborhood.

October 02, 2025

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News & Events