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Chicago, Illinois

Chicago Downtown Office

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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
View Chicago Downtown agents & originators

The Chicago Downtown Office

The Chicago Downtown office of Marcus & Millichap provides buyers and sellers of commercial real estate with investment brokerage and financing services focused on the Chicago MSA, Illinois and throughout markets in the Midwest. Agents in the Chicago Downtown office represent investors in transactions involving but not limited to office, industrial, multifamily, retail, single-tenant net leased, manufactured housing, medical office and hospitality properties. Investment professionals in the Chicago Downtown office also leverage Marcus & Millichap’s industry-leading research to offer investment real estate advisory services on individual properties and portfolios. Commercial real estate financing services are offered by loan originators with Marcus & Millichap Capital Corporation (MMCC).

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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Medical Office

Access Community Health Network - Primary Care Clinic

Des Plaines, IL

Gross SF: 8,911

Cap Rate: 8.00%

Listing Price: $3,334,622

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Apartments

Park Forest Apartments

Marion, IN

Number of Units: 64

Cap Rate: 7.84%

Listing Price: $5,150,000

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Net Lease

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

Richmond, MI

Cap Rate: 5.85%

Listing Price: $2,461,538

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Net Lease

Advance Auto Parts

East Chicago, IN

Years Remaining On Lease: 10.7

Cap Rate: 7.40%

Listing Price: $1,236,040

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Hospitality/Golf

WoodSpring Suites Indianapolis Airport South

Indianapolis, IN

Price/Room: $80,000

Listing Price: $8,000,000

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Net Lease

Les Schwab

Devils Lake, ND

Years Remaining On Lease: 18.9

Cap Rate: 5.16%

Listing Price: $2,500,000

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Self-Storage

EZ Storage

Plymouth, MI

Year Built: 2022

Cap Rate: 2.41%

Listing Price: $16,400,000

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Net Lease

Starbucks Two Rivers

Two Rivers, WI

Years Remaining On Lease: 9.9

Cap Rate: 7.00%

Listing Price: $2,000,000

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Net Lease

HTeaO w/ Dual Drive-Thru w/ Increases | 15 Year Absolute Net Lease | Largest Franchisee in the Chain

Webb City, MO

Years Remaining On Lease: 15.0

Cap Rate: 6.75%

Listing Price: $2,074,074

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Hospitality/Golf

Park Drive Motel

Redford Charter Township, MI

Price/Room: $42,857

Cap Rate: 14.53%

Listing Price: $900,000

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Apartments

East Ridge

Indianapolis, IN

Number of Units: 42

Cap Rate: 7.27%

Listing Price: $3,275,000

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Medical Office

Fresenius Kidney Care | Value-Add Opportunity

Chicago, IL

Gross SF: 23,253

Listing Price: $3,140,000

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Retail

Antioch Crossing

Antioch, IL

Price/Gross SF: $201.63

Cap Rate: 8.00%

Listing Price: $4,380,000

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Apartments

Dolphin Gardens

Detroit, MI

Number of Units: 130

Cap Rate: 8.46%

Listing Price: $7,600,000

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Self-Storage

Store Here Self Storage (Managed)

Groveport, OH

Year Built: 2025

Cap Rate: 1.58%

Listing Price: $5,200,000

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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

Research Video

How Consumer Sentiment Could Shape Multifamily Demand

April 18, 2025

GDP

Research Brief

Inflation

April 2025

Research Video

Financial Market Whiplash vs CRE Investment Durability

April 14, 2025

Research Video

Market Reacts to Tariffs – Implications for CRE?

April 7, 2025

Employment

Research Brief

Employment

April 2025

Research Video

Rising Above Uncertainty: A Five-Year Perspective

March 31, 2025

Research Video

The Forces Driving Long-Term Rental Housing Demand

March 24, 2025

Retail

Market Report

2025 U.S. Retail Investment Forecast

2025 Outlook

Research Video

High-Speed Cycles Require Long-Term Thinking

March 17, 2025

whats-in-store-for-investors-in-2023

Research Video

Economic Uncertainty To Favor Real Estate?

March 10, 2025

Employment

Research Brief

Employment

March 2025

Research Video

Is the Economy Slowing?

March 3, 2025

mm office

Market Report

2025 U.S. Office Investment Forecast

2025 Outlook

Research Video

Has Office Space Demand Turned the Corner?

February 21, 2025

Research Video

As Uncertainty Rises, Stability of CRE Stands Out

February 18, 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.

VIEW ALL MIDWEST NEWS & EVENTS VIEW ALL NEWS & EVENTS
Special Webcast with Mark Zandi and Jeff DeBoer
Marcus & Millichap Events

Special Webcast with Mark Zandi and Jeff DeBoer

Live Webcast
April 21, 2025
Inside Self-Storage World Expo
Industry Events

Inside Self-Storage World Expo

Caesars Forum Conference Center, Las Vegas, NV
April 22 – April 25, 2025
Midwest and Chicago Multifamily Forum
Marcus & Millichap Events

Midwest and Chicago Multifamily Forum

Radisson Blu Aqua Hotel, Chicago, IL
April 24, 2025
The Car Wash Show 2025
Industry Events

The Car Wash Show 2025

Las Vegas Convention Center, Las Vegas, NV
April 26 – April 28, 2025
Busy Bees Cactus

Press Releases

Marcus & Millichap Arranges $3.3M Sale of Net-Leased Childcare Facility in Phoenix

Marcus & Millichap announced today the sale of a net-leased childcare facility occupied by Busy Bees in Phoenix for $3.3 million.

April 09, 2025

Trevor's

Press Releases

Marcus & Millichap Arranges $6.2M Sale of Net-Leased Restaurant Property in Phoenix

Marcus & Millichap announced today the sale of a Trevor’s, a triple net leased restaurant property located in Phoenix, Arizona.

April 09, 2025

Oasis Hotel

Press Releases

Marcus & Millichap Announces Sale of 45-Room Oasis Hotel Property in Sheboygan Falls, Wisconsin

Marcus & Millichap announced today the sale of the 45-room Oasis Hotel in Sheboygan Falls, Wisconsin for $2.5 million.

April 09, 2025

Choice Hotels 69th Annual Convention
Industry Events

Choice Hotels 69th Annual Convention

Mandalay Bay, Las Vegas, NV
April 29 – May 1, 2025
Hampton Inn Caryville

Press Releases

Marcus & Millichap Arranges Sale of 62-Room Hampton Inn in Caryville, Tennessee

Marcus & Millichap announced today the sale of a 62-room Hampton Inn hotel property in Caryville, Tennessee for $5,875,000.

April 03, 2025

Five Star Store It

Press Releases

Marcus & Millichap Arranges Sale of 1,103-Unit Self-Storage Property in Detroit MSA

Marcus & Millichap announced today the sale of Five Star Store It, a 1,103-unit self-storage property located in Westland, Michigan.

April 02, 2025

Busy Bees Chandler

Press Releases

Marcus & Millichap Brokers $3.35M Sale of Busy Bees Childcare Property in Chandler, Arizona

Marcus & Millichap announced today the sale of a net-leased childcare facility occupied by Busy Bees in Chandler, Arizona for $3.35 million.

April 02, 2025

Hurstbourne Heights

Press Releases

Marcus & Millichap Brokers $13.4M Sale of 84-Unit Multifamily Property in Louisville

Marcus & Millichap announced today the sale of Hurstbourne Heights, an 84-unit apartment property located in Louisville, Kentucky.

March 31, 2025

ReNew on Main

Press Releases

Marcus & Millichap Arranges Sale of 69-Unit Mixed-Use Property in Algonquin, Illinois

Marcus & Millichap announced today the sale of ReNew on Main, a 69-unit apartment and retail property in Algonquin, Illinois.

March 31, 2025

MHI 2025 Congress & Expo
Industry Events

MHI 2025 Congress & Expo

Rosen Shingle Creek, Orlando, FL
May 5 – May 7, 2025
Sidney Industrial

Press Releases

Marcus & Millichap Brokers Sale of 165,230-Square-Foot Industrial Facility in Ohio

Marcus & Millichap announced today the sale of a 165,230-square-foot industrial facility in Sidney, Ohio for $3,850,000.

March 27, 2025

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News & Events