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Chicago, Illinois

Commercial Real Estate in Chicago Downtown

Contact Our Office

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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Retail

West Plaza

Westchester, IL

Price/Gross SF: $247.33

Cap Rate: 8.75%

Listing Price: $4,420,000

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Net Lease

Arby's

Springfield, IL

Years Remaining On Lease: 4.1

Cap Rate: 6.00%

Listing Price: $1,170,000

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Affordable Dentures & Implants

Sioux City, IA

Years Remaining On Lease: 4.6

Cap Rate: 7.65%

Listing Price: $1,882,000

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Office

Corporate Exchange Portfolio

Columbus, OH

Price/Gross SF: $68.57

Cap Rate: 9.80%

Listing Price: $13,370,000

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Starbucks | Manistee, MI

Manistee, MI

Years Remaining On Lease: 9.8

Cap Rate: 6.50%

Listing Price: $2,219,308

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Bojangles | Across from Lowe’s (Ranked Top 18%)

Heath (Columbus MSA), OH

Years Remaining On Lease: 14.0

Cap Rate: 5.85%

Listing Price: $3,038,000

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Dollar General

Ullin, IL

Years Remaining On Lease: 10.7

Cap Rate: 7.20%

Listing Price: $1,080,000

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Starbucks | Rare 15 Year Lease

Rockford, IL

Years Remaining On Lease: 14.4

Cap Rate: 6.25%

Listing Price: $2,632,000

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Starbucks | Near 22K+ Student University | New 10-Yr. Lease

Bloomington, IL

Years Remaining On Lease: 8.0

Cap Rate: 6.40%

Listing Price: $2,623,500

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IHOP – 10 YR ABSOLUTE NNN – Healthy Sales - Near Whole Foods

Schaumburg, IL

Years Remaining On Lease: 10.2

Cap Rate: 6.25%

Listing Price: $2,745,600

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White Castle

Clarksville, IN

Years Remaining On Lease: 9.4

Cap Rate: 6.25%

Listing Price: $1,320,000

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MedMark Treatment Centers - Single Tenant NNN Medical Condo

Youngstown, OH

Years Remaining On Lease: 4.1

Cap Rate: 8.00%

Listing Price: $1,046,000

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Industrial

Ashland Industrial Complex

Ashland, OH

Price/Gross SF: $46.92

Cap Rate: 8.31%

Listing Price: $11,800,000

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Pizza Hut - Top Rated Franchisee (120+ Locations) | 1.75% Annual Increases | 16+ Year Absolute Net

Minerva, OH

Years Remaining On Lease: 16.3

Cap Rate: 7.00%

Listing Price: $1,008,114

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Planet Fitness | 2024 Renovations | 11+ Years Remaining | Dense Retail Corridor Location

Salem, OH

Years Remaining On Lease: 11.0

Cap Rate: 7.60%

Listing Price: $1,250,000

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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.

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Economy

Research Brief

Single-Tenant Net-Lease

November 2025

Research Video

What’s Driving the Rebound in Net Lease Transaction Activity

November 17, 2025

Research Video

CRE Interest Rates Trend Lower

November 10, 2025

Employment

Research Brief

Employment

November 2025

GDP

Research Brief

Interest Rates

November 2025

Research Video

Institutional Multifamily Investment Momentum Builds

November 4, 2025

Research Video

Key 3rd Quarter CRE Performance Trends

November 3, 2025

Research Video

Why Multifamily Remains a Cornerstone for Institutional Investors

November 3, 2025

US Money

Research Brief

Financial Markets

October 2025

Housing

Research Brief

Housing

October 2025

GDP

Research Brief

Inflation

October 2025

Employment

Research Brief

Third Quarter Fundamentals

October 2025

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

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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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Hampton Inn Milwaukee Airport

Press Releases

Marcus & Millichap Brokers Sale of 102-Room Hampton Inn Milwaukee-Airport

Marcus & Millichap announced today the sale of a 102-room Hampton Inn hotel property in Milwaukee, Wisconsin.

November 19, 2025

Floor & Decor Ground Lease

Press Releases

Marcus & Millichap Brokers $7M Sale of New Floor & Decor Property in Chandler, Ariz.

Marcus & Millichap announced today the sale of a net-leased Floor & Decor property in Chandler, Arizona, for $7 million.

November 19, 2025

Park Lawn Plaza

Press Releases

Marcus & Millichap Arranges $4.48M Sale of 13-Suite Retail Property in Oak Lawn, Ill.

Marcus & Millichap announced today the sale of Park Lawn Plaza, a 13-suite retail property in Oak Lawn, Illinois, for $4,475,000.

November 18, 2025

Gables of Avon Strip Center

Press Releases

Marcus & Millichap Facilitates the Sale of Three-Suite Retail Property in Avon, Indiana

Marcus & Millichap announced today the sale of a three-suite retail property in Avon, Indiana.

November 17, 2025

Woodlyn Apartments

Press Releases

Marcus & Millichap Arranges Sale of 84-Unit Multifamily Property in Decatur, Indiana

Marcus & Millichap announced today the sale of Woodlynn Apartments, an 84-unit multifamily property in Decatur, Indiana.

November 17, 2025

MainStay Minot

Press Releases

Marcus & Millichap Arranges Sale of 75-Room MainStay Suites in Minot, North Dakota

Marcus & Millichap announced today the sale of a 75-room MainStay Suites hotel property in Minot, North Dakota.

November 13, 2025

3055 MacArthur Blvd

Press Releases

Marcus & Millichap Arranges Sale of Single-Tenant Industrial Property in Northbrook, Illinois for $5.65M

Marcus & Millichap announced today the sale of 3045-3055 MacArthur Blvd., a 49,140-square-foot industrial property in Northbrook, Illinois.

November 12, 2025

Starbucks Mahomet

Press Releases

Marcus & Millichap Arranges $2.5M Sale of Starbucks Property in Mahomet, Illinois

Marcus & Millichap announced today the sale of a brand-new Starbucks property in Mahomet, Illinois, for $2,506,000.

November 11, 2025

Minnehaha Ave Apts

Press Releases

Marcus & Millichap Brokers $2.05M Sale of 17-Unit Multifamily Property in Minneapolis

Marcus & Millichap announced today the sale of Minnehaha Avenue Apartments, a 17-unit multifamily property in Minneapolis, Minnesota, for $2.05 million.

November 11, 2025

Walmart

Press Releases

Marcus & Millichap Arranges $12.45M Sale of Walmart Property in Chicago Suburb

Marcus & Millichap announced today the sale of a 130,200-sqaure-foot Walmart property in Rolling Meadows, Illinois, for $12.45 million.

November 10, 2025

Dicks Sporting Goods

Press Releases

Marcus & Millichap Brokers $8.78M Sale of Dick’s Sporting Goods in Farmington, N.M.

Marcus & Millichap announced today the sale of a net-leased Dick’s Sporting Goods property in Farmington, New Mexico, for $8,775,038.

November 06, 2025

Dutch Bros Queen Creek

Press Releases

Marcus & Millichap Brokers Sale of Brand-New Dutch Bros Coffee Location in Queen Creek, Arizona

Marcus & Millichap announced today the sale of a brand-new Dutch Bros Coffee location in Queen Creek, Arizona.

November 05, 2025

GlobeSt. Healthcare
Industry Events

GlobeSt. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 1 – December 2, 2025
2026 Multifamily Investment Outlook
Marcus & Millichap Events

2026 Multifamily Investment Outlook

Live Webcast
December 4, 2025
Atrium Garden

Marcus & Millichap Brokers Silicon Valley Multifamily Asset Sale

Marcus & Millichap announced today the sale of Atrium Garden, a 160-unit multifamily property in San Jose, California.

October 31, 2025

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News & Events