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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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Industrial

Multi-Tenant Industrial Warren OH

Warren, OH

Price/Gross SF: $18.90

Cap Rate: 9.80%

Listing Price: $4,800,000

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Net Lease

Bowlero (NYSE: BOWL) - World’s Largest Bowling Operator | Absolute Net | 20+ Year Operating History

Hilliard (Columbus MSA), OH

Years Remaining On Lease: 9.3

Cap Rate: 7.00%

Listing Price: $6,857,143

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Net Lease

Dutch Bros Coffee

Lawrence, KS

Years Remaining On Lease: 14.9

Cap Rate: 5.75%

Listing Price: $2,678,200

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Medical Office

Fresenius Kidney Care | Value-Add Opportunity

Chicago, IL

Gross SF: 23,253

Listing Price: $4,400,000

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Apartments

311 W University Dr

Macomb, IL

Number of Units: 25

Cap Rate: 8.05%

Listing Price: $730,000

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Apartments

West Milwaukee Four Family

West Milwaukee, WI

Number of Units: 4

Cap Rate: 5.12%

Listing Price: $350,000

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Net Lease

Dollar General Plus | New 15-Yr. Absolute NNN with Increases

Miner (Sikeston MSA), MO

Years Remaining On Lease: 14.1

Cap Rate: 7.15%

Listing Price: $1,770,000

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Net Lease

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

Richmond, MI

Cap Rate: 5.60%

Listing Price: $2,571,428

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Net Lease

Starbucks Two Rivers

Two Rivers, WI

Years Remaining On Lease: 10.3

Cap Rate: 6.35%

Listing Price: $2,205,000

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Net Lease

Discovery Behavioral Health | 2.00% Annual Increases | Corporate Guaranty (100+ Locations)

Shawnee, KS

Years Remaining On Lease: 7.8

Cap Rate: 7.50%

Listing Price: $4,922,000

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Net Lease

Road Ranger | Absolute NNN

Loves Park, IL

Years Remaining On Lease: 2.3

Cap Rate: 6.50%

Listing Price: $4,828,707

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Net Lease

Walgreens | 7.25% Cap | Chicago MSA

Carpentersville, IL

Years Remaining On Lease: 5.8

Cap Rate: 7.25%

Listing Price: $3,455,255

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Net Lease

Les Schwab Tires (400+ Units) – 20 Yr Ground Lease

Mitchell, SD

Years Remaining On Lease: 19.4

Cap Rate: 5.00%

Listing Price: $1,840,000

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Net Lease

7 Brew (Ball State University)

Muncie, IN

Years Remaining On Lease: 19.2

Cap Rate: 6.65%

Listing Price: $1,635,500

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Retail

Value-Add DaVita Dialysis & Dunkin’ Center

Chicago, IL

Price/Gross SF: $190.94

Cap Rate: 5.95%

Listing Price: $5,600,647

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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

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

Research Video

Has Commercial Real Estate Performance Turned the Corner?

November 4, 2024

mm retail

Market Report

Retail National Report

4Q 2024

Research Video

Will Elevated Debt Threaten the Economy?

October 28, 2024

Research Video

Why CRE Insurance Costs Are Poised to Surge

October 21, 2024

mm construction

Special Report

East & Gulf Coast Dockworkers Strike

October 2024

Research Video

Will September Job Surge Put Rate Cuts on Hold?

October 14, 2024

Employment

Research Brief

Employment

October 2024

Research Video

Will Black Swan Events Derail The Fed & CRE Outlook?

October 7, 2024

Research Video

Will Multifamily Development Overwhelm the Market?

October 7, 2024

Research Video

Investors’ Top Question About Interest Rates

September 30, 2024

Housing

Research Brief

Housing

September 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.

Lakeview Plaza

Press Releases

Marcus & Millichap Facilitates $7.7M Sale of Retail Strip in Lake Zurich, Illinois

Marcus & Millichap announced today the sale of Lakeview Plaza, a 52,400-square-foot retail strip property located in Lake Zurich, Illinois.

November 25, 2024

Creekside Centre

Press Releases

Marcus & Millichap Brokers $5.8M Sale of 4-Suite Medtail Strip in Westfield, Indiana

Marcus & Millichap announced today the sale of Creekside Centre, a 4-suite medical office (Medtail) strip center located in Westfield, Indiana.

November 25, 2024

Eddie Merlots

Press Releases

Marcus & Millichap Announces Sale of Eddie Merlot’s Restaurant Property in Illinois

Marcus & Millichap announced today the sale of Eddie Merlot’s, a triple net leased restaurant property located in Warrenville, Illinois.

November 25, 2024

Casey's Fuel Center

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Casey’s Fuel Center (CEFCO) in Texas

Marcus & Millichap announced today the sale of a net-leased Casey’s Fuel Center property in Rusk, Texas.

November 25, 2024

Canterbury Court Apartments

Press Releases

Marcus & Millichap Brokers $25.7 Million Multifamily Asset Sale in Chicago

Marcus & Millichap announced today the sale of Canterbury Court Apartments, a 16-story, 176-unit multifamily asset with 1,268 square feet of ground floor retail in the Gold Coast neighborhood of Chicago, Illinois

November 18, 2024

Mosinee Apartments

Press Releases

Marcus & Millichap Brokers $2.35M Sale of 24-Unit Apartment Property in Wisconsin

Marcus & Millichap announced today the sale of Mosinee Apartments, a 24-unit apartment property located in Mosinee, Wisconsin.

November 18, 2024

BridgeWater

Press Releases

Marcus & Millichap Arranges $4.2M Sale of Assisted Living Portfolio in Minnesota

Marcus & Millichap announced today the sale of BridgeWater of Janesville and Owatonna, a portfolio consisting of two assisted living and memory care facilities totaling 74 units.

November 18, 2024

Sleep Inn Suites Bismarck

Press Releases

Marcus & Millichap Facilitates Sale of 72-Room Sleep Inn & Suites in North Dakota

Marcus & Millichap announced today the sale of a 72-room Sleep Inn & Suites located in Bismarck, North Dakota.

November 18, 2024

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Why CRE Investors Favor Retail Real Estate

November 15, 2024

AmeriVu

Press Releases

Marcus & Millichap Announces $3.25M Sale of 62-Room Hotel Property in Minnesota

Marcus & Millichap announced today the sale of AmeriVu Inn & Suites, a 62-room hotel property located in Shakopee, Minnesota.

November 14, 2024

Gateway Storage of Rolla

Press Releases

Marcus & Millichap Arranges Sale of 242-Unit Self Storage Property in Missouri

Marcus & Millichap announced today the sale of Gateway Storage of Rolla, a 242-unit self-storage property located in Rolla, Missouri.

November 12, 2024

1004 Des Plaines Avenue

Press Releases

Marcus & Millichap Brokers Sale of 15-Unit Apartment Property in Forest Park, Illinois

Marcus & Millichap announced today the sale of 1004 Des Plaines Avenue, a 15-unit apartment property located in Forest Park, Illinois.

November 12, 2024

Spring Education Group

Press Releases

Marcus & Millichap Arranges Sale of Chesterbrook Academy in New Jersey for $5.42M

Marcus & Millichap announced today the sale of Chesterbrook Academy, a day care center leased by Spring Education Group located in Moorestown, New Jersey.

November 11, 2024

Walgreens Indiana

Press Releases

Marcus & Millichap Brokers Sale of Net-Leased Walgreens Location in Indiana

Marcus & Millichap announced today the sale of a net-leased Walgreens location in Bluffton, Indiana.

November 11, 2024

Sterling Heights

Press Releases

Marcus & Millichap Facilitates $9M Sale of 96-Unit Apartment Property in Minnesota

Marcus & Millichap announced today the sale of Sterling Heights, a 96-unit apartment property located in St. Cloud, Minnesota.

November 11, 2024

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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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