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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

Wendy's | New 20-Year Absolute NNN | 390+ Unit Operator

Allegan, MI

Cap Rate: 6.50%

Listing Price: $2,000,000

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Net Lease

Shell | Business & Real Estate

Cedar Rapids, IA

Years Remaining On Lease: 0.9

Cap Rate: 1.00%

Listing Price: $1,150,000

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Bidding Starts: Aug 17, 2026
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Hospitality/Golf

Auction - Former Best Western Inn & Conference Center

Branson, MO

Price/Room: $8,562

Bidding Ends: Aug 19, 2026

Starting Bid: $1,250,000

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Shell Fuel / Dino Stop + McDonald's

Manitowoc, WI

Years Remaining On Lease: 11.1

Cap Rate: 7.00%

Listing Price: $4,065,000

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Apartments

Alpha Acres

Scottsburg, IN

Number of Units: 36

Cap Rate: 8.43%

Listing Price: $3,350,000

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Fifth Third Bank Ground Lease

Springfield, OH

Years Remaining On Lease: 4.7

Cap Rate: 6.25%

Listing Price: $1,118,048

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Apartments

Apartments - Multi-Family

Chicago, IL

Cap Rate: 8.49%

Listing Price: $1,800,000

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NNN BP Fuel / Dino Stop C-Store

New Franken, WI

Years Remaining On Lease: 11.1

Cap Rate: 7.00%

Listing Price: $2,389,000

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Industrial

Thunderbird Commerce Park | 8 Building Flex Park

East Peoria, IL

Price/Gross SF: $56.82

Cap Rate: 7.65%

Listing Price: $8,750,000

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Dutch Bros | Corporate Guaranty (NYSE: Bros) | 54K Cars/Day

Peoria, IL

Years Remaining On Lease: 15.3

Cap Rate: 5.50%

Listing Price: $2,999,000

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Self-Storage

Payless Self Storage

Springfield, OH

Year Built: 1996

Cap Rate: 6.08%

Listing Price: $3,350,000

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Popeyes | New 20-Yr NNN Sale-Leaseback | 6.00% CAP | 10% Bumps/5 Yrs | Akron, OH

Akron, OH

Years Remaining On Lease: 20.0

Cap Rate: 6.00%

Listing Price: $1,500,000

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Absolute NNN Tim Hortons in Columbus, OH | Largest Operator in the U.S.

Columbus, OH

Years Remaining On Lease: 7.6

Cap Rate: 7.00%

Listing Price: $1,463,000

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Apartments

Rivendell Apartments

Bettendorf, IA

Number of Units: 28

Cap Rate: 6.30%

Listing Price: $1,590,000

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Self-Storage

Holt-Mason Safe & Secure Storage

Mason, MI

Year Built: 2022

Cap Rate: 5.72%

Listing Price: $2,475,000

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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
Economy

Research Brief

Inflation

July 2026

Research Video

Inflation Risk: Headwind or Opportunity for CRE?

July 16, 2026

Research Video

Will Economic Momentum Boost CRE for Rest of 2026?

July 10, 2026

Employment

Research Brief

Employment

July 2026

Research Video

The Multifamily Development Reset — An Opportunity for Investors?

July 7, 2026

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

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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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Whitney Lofts

Press Releases

Marcus & Millichap Facilitates $4.8M Sale of 23-Unit Multifamily Property in Green Bay

Marcus & Millichap announced today the sale of Whitney School Lofts Apartments, a 23-unit multifamily property located in Green Bay, Wisconsin.

July 16, 2026

1401 Harvester Rd

Press Releases

Marcus & Millichap Arranges $7M Sale of 5.9-Acre Industrial Property in West Chicago

Marcus & Millichap announced today the sale of a 23,000-square-foot single-tenant industrial property in West Chicago, Illinois.

July 16, 2026

Comfort Inn Indiana

Press Releases

Marcus & Millichap Arranges Sale of 98-Room Comfort Inn in Anderson, Indiana

Marcus & Millichap announced today the sale of a 98-room Comfort Inn hotel property in Anderson, Indiana.

July 15, 2026

McLaren Mich

Press Releases

Marcus & Millichap Arranges $5.8M Sale of Two-Suite Medical Office Property in Davison, Michigan

Marcus & Millichap announced today the sale of a 50,017-square-foot medical office property occupied by McLaren Health Management Group and The Cottage of Davison, in Davison, Michigan.

July 15, 2026

12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
Goddard School Tenn

Press Releases

Marcus & Millichap Arranges Sale and Financing of The Goddard School Childcare Facility in Knoxville, Tennessee

Marcus & Millichap announced today the sale of a net-leased childcare facility occupied by The Goddard School in Knoxville, Tennessee, for $4,929,000.

July 13, 2026

Auto Zone NY

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased AutoZone Property in Buffalo, N.Y.

Marcus & Millichap announced today the sale of a net-leased AutoZone property in Buffalo, New York.

July 13, 2026

Northfield Sportsplex

Press Releases

Marcus & Millichap Arranges $2.26M Sale of Sports-Focused Industrial Property in Northfield, Illinois

Marcus & Millichap announced today the sale of Northfield Sportsplex, a five-suite industrial property in Northfield, Illinois, for $2.26 million.

July 13, 2026

Country Inn & Suites Detroit Lakes

Press Releases

Marcus & Millichap Arranges Sale of 45-Room Country Inn & Suites in Detroit Lakes, Minnesota

Marcus & Millichap announced today the sale of a 45-room Country Inn & Suites property in Detroit Lakes, Minnesota.

July 13, 2026

o2b and Big Blue

Press Releases

Marcus & Millichap Arranges Sale and Financing of Two Net-Leased Childcare Facilities in Georgia and South Dakota

Marcus & Millichap announced today the sale of two net-leased childcare properties located in Sioux Falls, South Dakota, and Woodstock, Georgia, for a combined sale price of $7,924,000.

July 09, 2026

Cadence Academy Wisconsin

Press Releases

Marcus & Millichap Arranges Sale and Financing of Childcare Facility in New Berlin, Wis.

Marcus & Millichap announced today the sale of a net-leased childcare facility occupied by Cadence Academy in New Berlin, Wisconsin, for $3,057,000.

July 09, 2026

The Learning Zone

Press Releases

Marcus & Millichap Arranges $7.6M Sale of The Learning Zone Childcare Facility in Spring Hill, Tennessee

Marcus & Millichap announced today the sale of a net-leased childcare facility occupied by The Learning Zone in Spring Hill, Tennessee, for $7,605,000.

July 08, 2026

LA Fitness Anchored Retail Center - Mundelein

Press Releases

Marcus & Millichap Arranges $13.9M Sale and Financing of LA Fitness-Anchored Retail Property in Mundelein, Illinois

Marcus & Millichap announced today the sale of a LA Fitness-anchored, four-suite retail property in Mundelein, Illinois.

July 08, 2026

Public Storage

Press Releases

Marcus & Millichap Brokers Sale of 916-Unit Public Storage Asset in Chicago

Marcus & Millichap announced today the sale of a brand-new, 916-unit Public Storage property in Chicago, Illinois.

July 06, 2026

Boulevard at Central Station Chicago

Press Releases

Marcus & Millichap Facilitates Sale of 71-Unit Mixed-Use Property in Chicago Suburb

Marcus & Millichap announced today the sale of Boulevard at Central Station, a mixed-use property comprising 66 multifamily units and five first-floor retail spaces in Tinley Park.

July 06, 2026

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News & Events