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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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$49.6 Billion

Value of Recently Closed Transactions

Midwest: $9B

7,836

Closed Sales in Most Recent Year

Midwest: 1,160

$10.9 Billion

Total Value of Recent Listings

1,249

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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Medical Office

15+ Yr Absolute NNN ER/Urgent Care | Rare Long Term Hospital Lease

Carmel, IN

Cap Rate: 6.00%

Listing Price: $12,480,000

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Apartments

Adams St Portfolio

Macomb, IL

Number of Units: 28

Cap Rate: 8.17%

Listing Price: $1,100,000

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Industrial

Cross Dock Facility | 2.60 AC | Potential Redevelopment Site

Champaign, IL

Price/Gross SF: $41.35

Listing Price: $575,000

Bidding Starts: Apr 7, 2025
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Self-Storage

Auction - Citizen Self-Storage

Clarklake, MI

Year Built: 2023

Bidding Ends: Apr 9, 2025

Starting Bid: $1,700,000

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Net Lease

Mavis Discount Tire

Calumet City, IL

Years Remaining On Lease: 16.8

Cap Rate: 6.25%

Listing Price: $1,843,000

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Office

Merrillville Professional Office

Merrillville, IN

Price/Gross SF: $141.38

Cap Rate: 9.09%

Listing Price: $4,700,000

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Net Lease

Dollar Tree | Brand New 2024 Construction | Corporate Guarantee (NASDAQ: DLTR) | Madison MSA

Columbus, WI

Years Remaining On Lease: 10.0

Cap Rate: 7.75%

Listing Price: $2,121,000

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Self-Storage

Northern Indiana Two Property Portfolio

Culver, IN

Year Built: 2020

Cap Rate: 2.02%

Listing Price: $7,900,000

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Net Lease

Walgreens NNN Lease with 5% Increases

Saint Charles, MO

Years Remaining On Lease: 13.7

Cap Rate: 6.50%

Listing Price: $3,984,000

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Apartments

18th & 18th Mixed-Use Portfolio

Moline, IL

Number of Units: 14

Cap Rate: 8.23%

Listing Price: $1,162,000

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Net Lease

Starbucks | 2024 Build-to-Suit Construction | South Point, OH

South Point, OH

Years Remaining On Lease: 9.5

Cap Rate: 6.15%

Listing Price: $2,682,926

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Industrial

Island Circle

Grand Island, NE

Price/Gross SF: $94.87

Cap Rate: 9.86%

Listing Price: $7,250,000

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Hospitality/Golf

Wrangler Hotel Morris

Morris, MN

Price/Room: $38,462

Cap Rate: 8.44%

Listing Price: $1,500,000

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Hospitality/Golf

Days Inn West Branch

West Branch, IA

Price/Room: $42,714

Cap Rate: 9.34%

Listing Price: $1,495,000

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Self-Storage

North Town Storage

Fremont, OH

Year Built: 1998

Cap Rate: 6.44%

Listing Price: $3,100,000

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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

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

Research Video

Will Tariffs Impact Commercial Real Estate?

February 10, 2025

Employment

Research Brief

Employment

February 2025

Research Video

Will CRE Investors Adapt to Higher Rates?

February 3, 2025

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

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Globe St. Net Lease Spring 2025
Industry Events

Globe St. Net Lease Spring 2025

New York Marriott Marquis, New York, NY
April 1 – April 2, 2025
AAHOA Convention & Trade Show
Industry Events

AAHOA Convention & Trade Show

New Orleans Ernest N. Morial Convention Center, New Orleans, LA
April 15 – April 17, 2025
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
Choice Hotels 69th Annual Convention
Industry Events

Choice Hotels 69th Annual Convention

Mandalay Bay, Las Vegas, NV
April 29 – May 1, 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

Dobbs Tire Auto

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Dobbs Tire & Auto Property in Ellisville, Missouri

Marcus & Millichap announced today the sale of a net-leased Dobbs Tire & Auto property in Ellisville, Missouri for $2,352,528.

March 27, 2025

Jewel Osco

Press Releases

Marcus & Millichap Announces $9.05M Sale of Jewel-Osco Property in La Grange Park, Illinois

Marcus & Millichap announced today the sale of a net-leased Jewel-Osco property in La Grange Park, Illinois for $9.05 million.

March 27, 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

Self Storage Winter Haven

Press Releases

Marcus & Millichap Announces Sale of 554-Unit Self-Storage Property in Winter Haven, Florida

Marcus & Millichap announced today the sale of Self Storage of Winter Haven, a 554-unit self-storage property in Winter Haven, Florida.

March 26, 2025

Willow Creek Shopping Center

Press Releases

Marcus & Millichap Closes Power Center Sale in Suburban Detroit

Marcus & Millichap announced today the sale of the Willow Creek Shopping Center, a 161,626-square-foot power center in Canton, Michigan.

March 26, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg Radio Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

March 21, 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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