Skip to main content
Location: Midwest | Change Location

Global Reach, Local Expertise

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

Property SaleAuctionsConnect with an Advisor
$43.6 Billion

Value of Recently Closed Transactions

Midwest: $8.3B

7,546

Closed Sales in Most Recent Year

Midwest: 1,284

$10.1 Billion

Total Value of Recent Listings

1,076

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

Senior Vice President / Division Manager / 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.

Display Main

Hospitality/Golf

Best Western Governors Inn & Suites

Wichita, KS

Price/Room: $64,655

Listing Price: $3,750,000

Display Main

Net Lease

Thorntons

Mundelein, IL

Years Remaining On Lease: 19.8

Cap Rate: 5.25%

Listing Price: $2,380,952

Display Main

Retail

Pep Boys

New Lenox, IL

Price/Gross SF: $413.81

Cap Rate: 6.06%

Listing Price: $2,295,000

Display Main

Net Lease

Dollar General | 15 Yr Abs Net Lease w/ Rent Increases | 2024 Rare All-Wood Prototype Construction

Wabash (Near Ft. Worth), IN

Years Remaining On Lease: 15.3

Cap Rate: 6.75%

Listing Price: $1,828,444

Display Main

Net Lease

Dollar General | 15 Yr Abs Net Lease w/ Rent Increases | 2024 Rare All-Wood Prototype Construction

Rochester, IN

Years Remaining On Lease: 14.8

Cap Rate: 7.00%

Listing Price: $1,548,571

Display Main

Retail

360 ST. PETER– CONDO UNIT 4

Saint Paul, MN

Price/Gross SF: $129.32

Listing Price: $1,250,000

Display Main

Land

Redevelopment Opportunity | 20K VPD | Scottsburg, IN

Scottsburg, IN

Lot Size: 0.36 acres

Listing Price: $350,000

Display Main

Industrial

Goddard Logistics Occupies 71% of GLA | Long Term Leases with Uncapped Annual CPI Increases

East Peoria, IL

Price/Gross SF: $50.89

Cap Rate: 9.00%

Listing Price: $2,521,000

Display Main

Self-Storage

Space Squared Self Storage

Grand Rapids, MI

Year Built: 1995

Listing Price: $5,100,000

Display Main

Net Lease

Wendy's

Eastpointe, MI

Years Remaining On Lease: 14.0

Cap Rate: 6.00%

Listing Price: $2,442,000

Display Main

Apartments

7515 South Phillips Avenue

Chicago, IL

Number of Units: 6

Cap Rate: 9.00%

Listing Price: $540,000

Display Main

Hospitality/Golf

La Quinta Inn & Suites Rochester 2014 Build

Rochester, MN

Price/Room: $73,494

Cap Rate: 3.10%

Listing Price: $6,100,000

Bidding Starts: Jul 29, 2024
Display Main

Hospitality/Golf

Country Inn & Suites Portage

Portage, IN

Price/Room: $30,000

Bidding Ends: Jul 31, 2024

Starting Bid: $3,000,000

Display Main

Hospitality/Golf

Radisson Hotel Lenexa Overland Park

Lenexa, KS

Listing Price: Request For Offer

Display Main

Net Lease

Popeyes

Hoffman Estates, IL

Years Remaining On Lease: 10.5

Cap Rate: 6.18%

Listing Price: $3,250,000

Keep Exploring

See More

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

Hard or Soft Landing? The Midyear Economic Outlook

June 24, 2024

Office

Special Report

Office National Report

2Q 2024

Medical

Special Report

Medical Office National Report

1H 2024

Research Video

Why The Fed’s So Cautious About Cutting Rates

June 17, 2024

Research Video

Perceptions of the CRE Investment Market

June 10, 2024

Employment

Research Brief

Employment

June 2024

Research Video

What's the Long Term CRE Outlook?

June 3, 2024

Housing

Research Brief

Housing

May 2024

GDP

Research Brief

Inflation

May 2024

mm multifamily

Special Report

Multifamily National Report

2Q 2024

Retail

Research Brief

Retail Sales

May 2024

mm net lease

Special Report

U.S. Single-Tenant Net-Lease Retail National Report

1H 2024

Research Video

What April Inflation Data Means for Investors

May 20, 2024

Research Video

Potential Risks Investors Should Monitor

May 13, 2024

Research Video

What the Affordability Gap Means for Investors

May 7, 2024

Keep Exploring

See More

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Retail Trends 2024
Marcus & Millichap Events

Retail Trends 2024

Webcast Replay
June 13, 2024
Highland Park

Press Releases

Marcus & Millichap Arranges $8.5M Sale of Multifamily Property in Minnesota

Marcus & Millichap announced today the sale of Highland Park, a 77-unit apartment property located in Fridley, Minnesota.

June 17, 2024

Advance Auto Parts - Jasper, IN

Press Releases

Marcus & Millichap Arranges the Sale of a 7,030 Square Foot Net-Leased Property in Indiana

Marcus & Millichap announced today the sale of Advance Auto Parts, a 7,030-square foot net-leased property located in Jasper, Indiana.

June 17, 2024

Verizon - Bloomington

Press Releases

Marcus & Millichap Arranges the Sale of a 4,324 Square Foot Net-Leased Property in Illinois

Marcus & Millichap announced today the sale of Verizon, a 4,324-square foot net-leased property located in Bloomington, Illinois.

June 17, 2024

Industrial Outdoor Storage

Press Releases

Marcus & Millichap Arranges Sale of Industrial Outdoor Storage Facility in Illinois

Marcus & Millichap announced today the sale of 901 Ridgeway Avenue, a 23,820-square-foot industrial storage property located in Aurora, Illinois.

June 24, 2024

Self Storage Beach Park IL

Press Releases

Marcus & Millichap Arranges the Sale of a 57,040-Square-Foot Self-Storage Property in Beach Park, Illinois

Marcus & Millichap announced today the sale of Self Storage of Beach Park, a 57,050-square-foot self-storage property located in Beach Park, Illinois.

June 12, 2024

Access Storage

Press Releases

Marcus & Millichap Announces the Sale of Access Storage, an 83,223-Square-Foot Self-Storage Facility in Texas

Marcus & Millichap announced today the sale of Access Storage, a 83,223-square-foot self-storage facility located in Corpus Christi, Texas.

June 12, 2024

Walgreens - Fort Wayne, IN

Press Releases

Marcus & Millichap Arranges the Sale of a Former Walgreens Building in Indiana

Marcus & Millichap announced today the sale of a former Walgreens building located in Fort Wayne, Indiana.

June 13, 2024

Holiday Inn Express & Owings Mills

Press Releases

Marcus & Millichap Facilitates Sale of Holiday Inn Express & Suites in Maryland

Marcus & Millichap announced today the sale of an 86-room Holiday Inn Express & Suites in Owings Mills, Maryland.

June 11, 2024

Jan Coonley, Chief People Officer

Press Releases

Marcus & Millichap Names Chief People Officer

Marcus & Millichap announced today the hiring of chief people officer Jan Coonley.

June 10, 2024

Shops at the Crossings

Press Releases

Marcus & Millichap Announces the Sale of Shops at the Crossings, a Retail Property in Michigan

Marcus & Millichap announced today the sale of Shops at the Crossings, a 48,364-square-foot retail property located in Auburn Hills, Michigan.

June 04, 2024

Taco Johns in Milwaukee

Press Releases

Marcus & Millichap Arranges the Sale of Milwaukee Net Leased Taco John's

Marcus & Millichap announced today the sale of Taco John's, a 2023 construction net-leased property located in Milwaukee, Wisconsin.

June 03, 2024

Multi-Housing News

Media

2024 Top Brokerage Firms

MHN unveils the 15 leading firms—plus the top performers for sales volume and product diversity—in our latest annual ranking.

May 29, 2024

CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

The Forces Shaping Retail Real Estate

May 24, 2024

CubeSmart in Kenosha, WI

Press Releases

Marcus & Millichap Arranges the Sale of CubeSmart (Managed) in Kenosha, Wisconsin

Marcus & Millichap today announced the sale of a 90,900-square-foot CubeSmart (Managed) self-storage property.

May 13, 2024

Keep Exploring

See More

Interested in a Complimentary Valuation

Looking for Acquisition Opportunities

Seeking
Financing
Options

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.

We have you as being located in the Midwest region. Would you like to change this? Please change my location