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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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Net Lease

Verizon | New Construction 10-Yr Lease

Harvard, IL

Years Remaining On Lease: 9.7

Cap Rate: 7.50%

Listing Price: $2,359,000

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Industrial

1718 Layard Ave-Sale Lease Back

Racine, WI

Price/Gross SF: $28.87

Cap Rate: 10.50%

Listing Price: $1,750,000

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Apartments

Alpha Acres

Scottsburg, IN

Number of Units: 36

Cap Rate: 7.71%

Listing Price: $3,700,000

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Apartments

Helen Apartments

Detroit, MI

Number of Units: 14

Cap Rate: 2.03%

Listing Price: $975,000

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Net Lease

Taco Bell Ground Lease

Powell, OH

Years Remaining On Lease: 9.2

Cap Rate: 5.00%

Listing Price: $1,584,000

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Apartments

Galesburg Townhomes

Galesburg, IL

Number of Units: 24

Cap Rate: 7.78%

Listing Price: $1,248,000

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Retail

Re-development Opportunity Michigan

Reed City, MI

Price/Gross SF: $71.29

Listing Price: $179,000

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Family Dollar (Additional Income (ATM))

Tipton, MO

Years Remaining On Lease: 5.7

Cap Rate: 8.50%

Listing Price: $1,306,000

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Family Dollar (2.13-Acre Site)

Van Buren, MO

Years Remaining On Lease: 5.7

Cap Rate: 8.50%

Listing Price: $1,242,000

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KinderCare | 10+ Yrs Remaining on NNN Lease

Indianapolis, IN

Years Remaining On Lease: 10.7

Cap Rate: 7.35%

Listing Price: $5,980,952

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Medical Office

New Construction MOB | Sycamore, IL (DeKalb, IL)

Sycamore, IL

Gross SF: 9,964

Cap Rate: 1.00%

Listing Price: $1,499,000

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Medical Office

Watson Medical Plaza

St. Louis, MO

Gross SF: 32,621

Cap Rate: 7.20%

Listing Price: $3,000,000

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Dollar General | 2020 Construction | NNN Lease | Large 1.44 AC Lot

Greenwich, OH

Years Remaining On Lease: 8.6

Cap Rate: 7.15%

Listing Price: $1,213,000

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Dollar General | 2021 Construction | NNN Lease | Large 2.6 Acre Lot

Pomeroy, OH

Years Remaining On Lease: 10.1

Cap Rate: 7.15%

Listing Price: $1,326,000

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Bank of America | Corp Guarantee (NYSE: BAC) | 25+ Year Operating History | 410k+ People in 5-Miles

Chicago, IL

Years Remaining On Lease: 4.3

Cap Rate: 8.50%

Listing Price: $4,970,000

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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
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

Employment

Research Brief

Employment

May 2026

Research Video

Three Trends Shaping the Multifamily Outlook

May 8, 2026

mm industrial

Market Report

2026 U.S. Industrial Investment Outlook Midyear

2026 Outlook

GDP

Research Brief

Financial Markets

May 2026

GDP

Research Brief

Gross Domestic Product

May 2026

Housing

Research Brief

Housing

May 2026

Research Video

Office Sector Recovery Sustains Momentum

May 1, 2026

Research Video

Following Middle East Shock Wave, Interest Rates Stabilizing

April 24, 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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Grand Marquis Waterpark Hotel & Suites

Press Releases

Marcus & Millichap Arranges Sale of Grand Marquis Waterpark Hotel & Suites in Wisconsin Dells

Marcus & Millichap announced today the sale of Grand Marquis Waterpark Hotel & Suites, a 93-room hotel with an expansive indoor and outdoor waterpark, located in Wisconsin Dells.

June 09, 2026

Atlanta Autism Center

Press Releases

Marcus & Millichap Brokers $7.2M Sale of Medical Office Property Leased to the Atlanta Autism Center

Marcus & Millichap announced today the sale of 4170 Tanners Creek Drive, a 20,000-square-foot medical office property, occupied by Atlanta Autism Center, in Flowery Branch, Georgia.

June 09, 2026

Clark Properties Alton Center Business Park

Press Releases

Marcus & Millichap Arranges $15M Sale and Financing of 450,400-Square-Foot Industrial Property in Alton, Illinois

Marcus & Millichap announced today the sale of Alton Center Business Park, a 450,400-square-foot industrial property located in the St. Louis MSA.

June 08, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Launches Preferred Partner Program

New initiative expands access to trusted service providers that support commercial real estate investors throughout the ownership lifecycle.

June 04, 2026

Orchard Courts Apartments

Press Releases

Marcus & Millichap Facilitates Sale of 160-Unit Multifamily Property in Kenosha, Wisconsin

Marcus & Millichap announced today the sale of Orchard Courts Apartments, a 160-unit multifamily property in Kenosha, Wisconsin.

June 03, 2026

Rock Run Residences

Press Releases

Marcus & Millichap Brokers Chicago Area Multifamily Asset Sale

Marcus & Millichap announced today the sale of Rock Run Residences, a 128-unit multifamily property in Joliet, Illinois.

June 02, 2026

KinderCare

Press Releases

Marcus & Millichap Arranges Sale of KinderCare Property in New Albany, Ohio

Marcus & Millichap announced today the sale of an 8,700-square-foot net-leased KinderCare property in New Albany, Ohio.

June 02, 2026

1503 North Wieland St

Press Releases

Marcus & Millichap Arranges $2.5M Sale of Eight-Unit Multifamily Property in Chicago

Marcus & Millichap announced today the sale of 1503 North Wieland Street, an eight-unit multifamily property located in Chicago’s Old Town neighborhood.

June 02, 2026

Lake Country Apartments

Press Releases

Marcus & Millichap Arranges Sale of 24-Unit Multifamily Property in Siren, Wisconsin

Marcus & Millichap announced today the sale of Lake Country Apartments, a 24-units multifamily property in Siren, Wisconsin.

June 01, 2026

IL-SSA Great Lakes Owners Summit & Expo
Industry Events

IL-SSA Great Lakes Owners Summit & Expo

Union League Club of Chicago, Chicago, IL
June 23 – June 24, 2026
Northpoint Shopping Center

Press Releases

Marcus & Millichap Arranges $8.15M Sale of 11-Suite Retail Property in Stevens Point, Wisconsin

Marcus & Millichap announced today the sale of Northpoint Shopping Center, an 11-suite retail strip located in Stevens Point, Wisconsin.

May 27, 2026

Verizon Hiram

Press Releases

Marcus & Millichap Brokers $3.14M Sale of Net-Leased Verizon Property in Atlanta MSA

Marcus & Millichap announced today the sale of a net-leased Verizon property located in Hiram, Georgia, for $3.14 million.

May 26, 2026

Comfort Suites Johnson Creek

Press Releases

Marcus & Millichap Brokers Sale of 100-Room Comfort Suites in Johnson Creek, Wis.

Marcus & Millichap announced today the sale of a 100-room Comfort Suites hotel property in Johnson Creek, Wisconsin.

May 26, 2026

Vermillion Rise

Press Releases

Marcus & Millichap Arranges Sale of Class A Industrial Property in Hillsdale, Indiana

Marcus & Millichap announced today the sale of 222 Broadway Avenue, a 50,000-square-foot Class A spec built industrial warehouse finished to grey shell in Hillsdale, Indiana.

May 21, 2026

Lark Self Storage

Press Releases

Marcus & Millichap Facilitates $2.86M Sale of 242-Unit Self-Storage Property in Janesville, Wisconsin

Marcus & Millichap announced today the sale of Lark Self Storage, a 242-unit self-storage property located in Janesville, Wisconsin.

May 19, 2026

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News & Events