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Global Reach, Local Expertise

Welcome to Marcus & Millichap, the #1 commercial real estate investment brokerage and capital markets services firm in North America.

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$49.6 Billion

Value of Recently Closed Transactions

Midwest: $9B

7,836

Closed Sales in Most Recent Year

Midwest: 1,160

$10.9 Billion

Total Value of Recent Listings

1,249

Closed Financings in Most Recent Year

Our Impact

A Legacy of Success, Built for the Future

For more than 50 years, Marcus & Millichap has worked tirelessly to help our clients create and preserve wealth through commercial real estate investment sales as well as debt and equity advisory. Since our founding in 1971, we have grown to more than 80 offices throughout the United States and Canada, including twelve offices here in the Midwest. We also assembled the industry’s largest and most qualified team of specialists to help provide real estate solutions that match your unique investment needs. Connect with an advisor today.

m glass

Michael Glass

Executive Managing Director / Divisional Chief Revenue Officer, Midwest / National Director – Manufactured Housing Division

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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Net Lease

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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Industrial

Ashland Industrial Complex

Ashland, OH

Price/Gross SF: $46.92

Cap Rate: 8.31%

Listing Price: $11,800,000

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Net Lease

New Bank of America Net Lease | Louisville MSA

New Albany, IN

Years Remaining On Lease: 13.2

Cap Rate: 5.43%

Listing Price: $3,819,870

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Net Lease

Newly Constructed Panera Bread in the Louisville MSA

New Albany, IN

Years Remaining On Lease: 7.6

Cap Rate: 5.84%

Listing Price: $2,790,123

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Net Lease

New Chipotle Just Outside of Downtown Louisville

New Albany, IN

Years Remaining On Lease: 12.4

Cap Rate: 5.59%

Listing Price: $2,414,007

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Net Lease

Wendy's - 2024 Construction | 380+ Unit Franchisee | 20-Yr Abs. NNN

Richmond, MI

Cap Rate: 6.25%

Listing Price: $2,304,000

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Retail

Marion Centre Redevelopment

Marion, OH

Price/Gross SF: $9.63

Listing Price: $4,000,000

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Net Lease

Aurora Health Care

Gurnee, IL

Years Remaining On Lease: 4.4

Cap Rate: 7.70%

Listing Price: $3,585,000

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Retail

Rapids Plaza

Wisconsin Rapids, WI

Price/Gross SF: $195.61

Cap Rate: 7.75%

Listing Price: $3,251,000

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Retail

ALDI Grocery Anchored Center | Epicenter of Regional Retail Corridor

McHenry, IL

Price/Gross SF: $145.15

Cap Rate: 8.75%

Listing Price: $13,740,000

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Net Lease

I.HOP

Saint Joseph, MO

Years Remaining On Lease: 22.7

Cap Rate: 6.15%

Listing Price: $2,461,000

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Retail

Salem Shopping Center

Salem, IL

Price/Gross SF: $154.27

Cap Rate: 8.75%

Listing Price: $4,242,500

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Industrial

Historic IRMCO Manufacturing Facility | Occupied Since 1917

Evanston, IL

Price/Gross SF: $48.40

Cap Rate: 15.12%

Listing Price: $1,400,000

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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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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.

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

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

mm federal reserve

Research Brief

Capital Markets

October 2025

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

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

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 2025
ECORE Real Estate Summit
Industry Events

ECORE Real Estate Summit

Trump National Doral Miami, FL
November 16 – November 18, 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

West Side Apartments

Press Releases

Marcus & Millichap Brokers Sale of 48-Unit Multifamily Property in Mauston, Wisconsin

Marcus & Millichap announced today the sale of West Side Apartments, a 48-unit multifamily property in Mauston, Wisconsin.

October 30, 2025

Camelot Center

Press Releases

Marcus & Millichap Brokers $7.7M Sale of 14-Suite Retail Strip in Spartanburg, S.C.

Marcus & Millichap announced today the sale of Camelot Center, a 14-suite retail strip property in Spartanburg, South Carolina, for $7.7 million.

October 30, 2025

Everbrook Academy

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Childcare Facility in Albertville, Minnesota for $6.1M

Marcus & Millichap announced today the sale of a net-leased childcare facility, occupied by Everbrook Academy, in Albertville, Minnesota.

October 30, 2025

Radford Village

Press Releases

Marcus & Millichap Arranges Sale of 44-Unit Multifamily Property in Oshkosh, Wisconsin

Marcus & Millichap announced today the sale of Radford Village Apartments, a 44-unit multifamily property in Oshkosh, Wisconsin.

October 30, 2025

Dairy Queen

Press Releases

Marcus & Millichap Arranges $2.09M Sale of Dairy Queen Grill & Chill Property in Lafayette, Louisiana

Marcus & Millichap announced today the sale of a net-leased Dairy Queen Grill & Chill property in Lafayette, Louisiana, for $2,092,000.

October 23, 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

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1031 exchange background

Looking to Reinvest?
Let Us Help You With Your Next Exchange.

Instead of immediately paying capital gains on the sale of a property (the “down leg”), many investors prefer to defer that payment by purchasing a new property (the “up leg”) with the proceeds. This is commonly referred to as a 1031 exchange, in reference to the section of U.S. tax code that defines it. There are specific rules and timelines related to a 1031 exchange, and it is important to have an experienced and knowledgeable specialist handling the process.

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