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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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$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.

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Net Lease

Jack in the Box Corporate Guarantee 24 Hour Location

St. Louis, MO

Years Remaining On Lease: 4.7

Cap Rate: 7.00%

Listing Price: $1,675,642

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Hospitality/Golf

Staybridge Suites Omaha 80th & Dodge

Omaha, NE

Price/Room: $137,255

Cap Rate: 4.10%

Listing Price: $14,000,000

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Industrial

Service Partners | Single Tenant Industrial NNN Lease

Columbus, OH

Price/Gross SF: $100.55

Cap Rate: 7.14%

Listing Price: $2,550,000

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Apartments

Lexington Concord

Macomb, IL

Number of Units: 356

Cap Rate: 12.18%

Listing Price: $9,950,000

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Net Lease

Denny's Absolute Net Lease

Evansville, IN

Years Remaining On Lease: 3.2

Cap Rate: 7.14%

Listing Price: $1,050,000

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Net Lease

NNN - Fat Ricky's Restaurant | Franconi's Events

Romeoville, IL

Years Remaining On Lease: 12.5

Cap Rate: 7.41%

Listing Price: $3,142,000

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Self-Storage

Olympic Storage

Sioux City, IA

Year Built: 2021

Listing Price: Request For Offer

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Net Lease

10 Year Lease-Advance Auto Jackson MI

Jackson, MI

Years Remaining On Lease: 9.9

Cap Rate: 6.72%

Listing Price: $1,175,000

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Retail

Central Illinois Urgent Care Center

Lincoln, IL

Price/Gross SF: $262.46

Cap Rate: 7.40%

Listing Price: $1,522,285

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Net Lease

Dollar Tree

Cresco, IA

Years Remaining On Lease: 9.1

Cap Rate: 7.50%

Listing Price: $1,860,000

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Net Lease

Advance Auto Parts

Parma, OH

Years Remaining On Lease: 4.9

Cap Rate: 8.00%

Listing Price: $1,155,000

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Net Lease

Dollar Tree

Prescott, WI

Years Remaining On Lease: 9.6

Cap Rate: 7.25%

Listing Price: $1,966,303

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Net Lease

Dollar Tree (2024 Renewal)

Wadena, MN

Years Remaining On Lease: 5.0

Cap Rate: 8.25%

Listing Price: $969,696

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Hospitality/Golf

Best Western Plus Steeplegate Inn

Davenport, IA

Price/Room: $58,898

Listing Price: $6,950,000

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Medical Office

Access Community Health Network - Primary Care Clinic

Des Plaines, IL

Gross SF: 8,911

Cap Rate: 7.50%

Listing Price: $3,557,000

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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

Is Multifamily Poised for a Market Rebound in 2025?

January 29, 2025

Research Video

2025 Multifamily Outlook and Leading Investment Markets

January 27, 2025

mm multifamily

Market Report

2025 U.S. Multifamily Investment Forecast

2025 Outlook

Research Video

How Accelerating Economic Growth Could Shape CRE

January 21, 2025

Employment

Research Brief

Employment

January 2025

Research Video

2025 Employment Outlook and Top Metros

January 13, 2025

Research Video

Surging Sentiment Could Favor CRE in 2025

January 6, 2025

Research Video

The Three Trends Shaping the CRE Outlook

December 16, 2024

Research Video

The Structural Shift That Could Transform Real Estate

December 9, 2024

Employment

Research Brief

Employment

December 2024

Research Video

Will Holiday Spending Impact Real Estate This Year?

December 2, 2024

Research Video

How New Immigration Policies Could Influence CRE

November 25, 2024

Research Video

How the Election is Already Impacting CRE

November 18, 2024

Research Video

The Forces Driving Retail and Industrial CRE

November 11, 2024

Employment

Research Brief

Employment

November 2024

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

NMHC Annual Meeting
Industry Events

NMHC Annual Meeting

ARIA Resort & Casino, Las Vegas, NV
January 28 – January 30, 2025
The Americas Lodging Investment Summit
Industry Events

The Americas Lodging Investment Summit

JW Marriott/Ritz-Carlton Los Angeles L.A. LIVE, Los Angeles, CA
January 28 – January 30, 2025
Express Oil Change

Press Releases

Marcus & Millichap Arranges Sale of Express Oil Change Location in Georgia

Marcus & Millichap announced today the sale of a net-leased Express Oil Change location in Rincon, Georgia.

January 28, 2025

Shifrin Plastic Surgery Center

Press Releases

Marcus & Millichap Brokers $5.1M Sale of Medical Office Property in Chicago

Marcus & Millichap announced today the sale of 2335 S. Michigan Ave., a medical office property fully leased to Shifrin Plastic Surgery Center in Chicago, Illinois.

January 29, 2025

Delavan Crossing

Press Releases

Marcus & Millichap Brokers $9.7M Sale of 25-Suite Retail Property in Delavan, Wisconsin

Marcus & Millichap announced today the sale of Delavan Crossings, a 25-suite retail strip property in Delavan, Wisconsin.

January 30, 2025

Sherwood MHC

Press Releases

Marcus & Millichap Brokers Sale of Manufactured Housing Community in Charleston, South Carolina

Marcus & Millichap announced today the sale of Sherwood MHC, a 146-unit manufactured housing community in Charleston, South Carolina.

January 30, 2025

Fairoak Avenue Apartments

Press Releases

Marcus & Millichap Facilitates $2.6M Sale of 24-Unit Apartment Property in Minnesota

Marcus & Millichap announced today the sale of Fairoak Avenue Apartments, a 24-unit apartment property located in Anoka, Minnesota.

January 30, 2025

Grocery Outlot Center

Press Releases

Marcus & Millichap Facilitates Sale of Three-Suite Retail Center in Orland Park, Illinois

Marcus & Millichap announced today the sale of a three-suite retail strip property in Orland Park, Illinois.

January 27, 2025

Crossroads Centre

Press Releases

Marcus & Millichap Arranges $2.7M Sale of 10-Suite Retail Strip in Pekin, Illinois

Marcus & Millichap announced today the sale of Crossroads Centre, a 10-suite retail strip property located in Pekin, Illinois for $2.7 million.

January 27, 2025

Timber Ridge Apartments

Press Releases

Marcus & Millichap Arranges $4.1M Sale of 144-Unit Apartment Property in St. Louis

Marcus & Millichap announced today the sale of Timber Ridge Apartments, a 144-unit multifamily property located in St. Louis, Missouri.

January 27, 2025

Dollar Tree Anytime Fitness

Press Releases

Marcus & Millichap Announces Sale and Financing of 22-Suite Retail Center in Illinois

Marcus & Millichap announced today the sale of a 22-suite retail property located in Naperville, Illinois.

January 27, 2025

Contessa Apartments

Press Releases

Marcus & Millichap Announces Sale of 34-Unit Apartment Property in Milwaukee

Marcus & Millichap announced today the sale of Contessa Apartments, a 34-unit apartment property in Milwaukee, Wisconsin.

January 27, 2025

Bennett Apartments

Press Releases

Marcus & Millichap Capital Corporation Arranges $89.6 Million Construction Financing for Two Minnesota Multifamily Projects

MMCC arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments, two adjacent multifamily projects located 15 miles southwest of Minneapolis in Chanhassen, Minnesota.

January 29, 2025

Walgreens

Press Releases

Marcus & Millichap Facilitates $2.1M Sale of Walgreens Location in Chicago

Marcus & Millichap announced today the sale of a net-leased Walgreens location in Chicago, Illinois for $2.1 million.

January 23, 2025

Nicolet Townhomes

Press Releases

Marcus & Millichap Arranges Sale of 34-Unit Townhome Community in Grand Chute, Wisconsin

Marcus & Millichap announced today the sale of Nicolet Townhomes, a 34-unit apartment property located in Grand Chute, Wisconsin.

January 23, 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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