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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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Retail

Country Club Hills Plaza | High Yield Shopping Center

Country Club Hills, IL

Price/Gross SF: $105.48

Cap Rate: 9.50%

Listing Price: $1,996,000

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Net Lease

Burger King (Dark) Hard Corner Double Drive-Thru

Omaha, NE

Years Remaining On Lease: 1.4

Cap Rate: 11.40%

Listing Price: $799,000

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Apartments

1613 West 87th Street

Chicago, IL

Number of Units: 10

Cap Rate: 11.02%

Listing Price: $875,000

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Net Lease

KFC / Taco Bell

Benton, IL

Cap Rate: 6.00%

Listing Price: $3,232,000

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Net Lease

KFC

Harrisburg, IL

Cap Rate: 5.80%

Listing Price: $3,269,000

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Retail

Emerson Square | Net Leases & Annual Increases | Close to Downtown Indianapolis

Indianapolis, IN

Price/Gross SF: $127.39

Cap Rate: 8.90%

Listing Price: $999,999

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Retail

Former US Bank | Redev Opportunity

Mason City, IA

Price/Gross SF: $110.86

Listing Price: $150,000

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Industrial

Green Bay Cold Storage

Green Bay, WI

Cap Rate: 16.30%

Listing Price: $1,750,000

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Apartments

4950 North Christiana Avenue

Chicago, IL

Number of Units: 8

Cap Rate: 6.40%

Listing Price: $1,550,000

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Net Lease

5601 N 103rd St

Omaha, NE

Years Remaining On Lease: 11.2

Cap Rate: 7.00%

Listing Price: $7,000,000

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Apartments

Crest Oak

Coon Rapids, MN

Number of Units: 60

Listing Price: Request For Offer

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Net Lease

Budget Car and Truck Rental

Wichita, KS

Years Remaining On Lease: 9.2

Cap Rate: 6.50%

Listing Price: $1,078,000

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Self-Storage

Lock & Go

Peru, IN

Year Built: 2018

Cap Rate: 6.07%

Listing Price: $1,900,000

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Net Lease

Absolute Triple Net-Leased Kum & Go

Sarcoxie, MO

Years Remaining On Lease: 2.4

Cap Rate: 6.50%

Listing Price: $2,452,200

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Net Lease

2750 E Beltline Ave SE

Grand Rapids, MI

Years Remaining On Lease: 13.3

Cap Rate: 4.55%

Listing Price: $3,076,900

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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

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

mm retail

Special Report

Retail National Report

4Q 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

mm multifamily

Special Report

Multifamily National Report

3Q 2024

Seniors Housing

Special Report

Senior Housing National Report

2H 2024

Medical

Special Report

Skilled Nursing National Report

2H 2024

Research Video

The Forces Reshaping the Industrial Investment Climate

September 23, 2024

Research Video

The Positive Forces Shaping the Horizon Perspective

September 23, 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.

Cobblestone Hotel & Suites

Press Releases

Marcus & Millichap Arranges Sale and Financing of North Dakota Hotel & Suites

Marcus & Millichap announced today the sale of Cobblestone Hotel & Suites Killdeer, a 44-room hotel and eight-unit apartment property located at 158 Rodeo Drive in Killdeer, North Dakota.

October 23, 2024

Oakridge Apartments

Press Releases

Marcus & Millichap Brokers $4.4M Sale of 48-Unit Apartment Property in Peoria, Illinois

Marcus & Millichap announced today the sale of Oakridge Apartments, a 48-unit apartment property located in Peoria, Illinois.

October 23, 2024

Alligator Carbondale Portfolio

Press Releases

Marcus & Millichap Arranges Sale of Four-Property, 890-Unit Self-Storage Portfolio in Illinois

Marcus & Millichap announced today the sale of a four-property, 890-unit self-storage portfolio located in Carbondale, Illinois.

October 22, 2024

2253 West 111th St

Press Releases

Marcus & Millichap Arranges Sale of 25-Unit Apartment Property in Chicago

Marcus & Millichap announced today the sale of 2253 W 111th St., a 25-unit apartment property located in Chicago, Illinois.

October 22, 2024

Safeway

Press Releases

Marcus & Millichap Brokers $10.2M Sale of Safeway Grocery Store in Florence, Arizona

Marcus & Millichap announced today the sale of a net-leased Safeway grocery store in Florence, Arizona.

October 22, 2024

Country Village Apartments

Press Releases

Marcus & Millichap Facilitates Sale of 60-Unit Multifamily Property in Minnesota

Marcus & Millichap announced today the sale of Country Village Apartments, a 60-unit apartment property located in Redwood Falls, Minnesota.

October 22, 2024

Hawthorn Village Commons

Press Releases

Marcus & Millichap Arranges $10.5M Sale of Prime Retail Strip in Vernon Hills, Illinois

Marcus & Millichap announced today the sale of Hawthorn Village Commons, a 51,815-square-foot retail strip property located in Vernon Hills, Illinois.

October 21, 2024

Dutch Bros

Press Releases

Marcus & Millichap Announces Sale of Brand-New Dutch Bros Coffee Location in Peoria, Arizona

Marcus & Millichap announced today the sale of a brand-new Dutch Bros Coffee location in Peoria, Arizona.

October 21, 2024

Millennium Physician Group

Press Releases

Marcus & Millichap Arranges Sale of Single-Tenant, 5,312-Square-Foot Medical Office in Florida

Marcus & Millichap announced today the sale of 408 Manatee Ave. E, a single-tenant medical office, fully leased to Millennium Physician Group, located in Bradenton, Florida.

October 21, 2024

Courtyard Portfolio

Press Releases

Marcus & Millichap Closes $101 Million 11-Property Hospitality Portfolio Sale

Marcus & Millichap announced today the sale of an 11-property Courtyard Hotel portfolio in Illinois, Ohio, Alabama, Arkansas, Virginia, Kentucky, and Oklahoma

October 18, 2024

Troy Professional

Press Releases

Marcus & Millichap Arranges Sale of Medical Office Building in Missouri

Marcus & Millichap announced today the sale of Troy Professional Building, a 24,952-square-foot medical office property located in Troy, Missouri.

October 17, 2024

Whataburger

Press Releases

Marcus & Millichap Arranges $2.65M Sale of Brand-New Whataburger in Alpharetta

Marcus & Millichap announced today the sale of a brand-new Whataburger location in Alpharetta, Georgia.

October 16, 2024

Sentry Foods

Press Releases

Marcus & Millichap Arranges Sale of Sentry Foods Grocery Store in Milwaukee

Marcus & Millichap announced today the sale of a Sentry Foods grocery store location in Milwaukee, Wisconsin.

October 16, 2024

Range USA

Press Releases

Marcus & Millichap Arranges Sale of Range USA Location in Valley View, Ohio

Marcus & Millichap announced today the sale of a Range USA, a 15,000-square-foot shooting range and retail property located in Valley View, Ohio.

October 15, 2024

Yahoo Finance

Media

Marcus & Millichap CEO Believes The Worst Damage "Has Already Been Done" To Commercial Real Estate And Upside Is Returning

The difficulties facing commercial real estate's office sector and their potential to cause a 2008-style meltdown have been a long-running story in real estate.

October 15, 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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