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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

Family Dollar

Middletown, OH

Years Remaining On Lease: 10.3

Cap Rate: 7.75%

Listing Price: $979,354

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Retail

Domino's / T-Mobile / Jimmy John's

Charlotte, MI

Price/Gross SF: $446.85

Cap Rate: 6.50%

Listing Price: $1,900,000

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Industrial

2375 American Lane

Elk Grove Village, IL

Price/Gross SF: $115.00

Cap Rate: 1.00%

Listing Price: $1,386,200

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Net Lease

Dollar General Market - Larger Format Store | 15 Year Abs Net Lease w/ Increases | 2024 Construction

Grover Hill, OH

Years Remaining On Lease: 14.5

Cap Rate: 7.15%

Listing Price: $2,125,524

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Industrial

1490 Fort Harrison Rd

Terre Haute, IN

Price/Gross SF: $49.06

Cap Rate: 9.97%

Listing Price: $2,600,000

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Retail

Fast Lane Express Car Wash

Hutchinson, KS

Listing Price: $1,295,000

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Net Lease

CVS

Jerseyville, IL

Years Remaining On Lease: 16.4

Cap Rate: 7.50%

Listing Price: $4,375,900

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Industrial

300 N Ridge Ave

Arlington Heights, IL

Price/Gross SF: $72.63

Cap Rate: 8.61%

Listing Price: $6,900,000

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Hospitality/Golf

La Quinta Inn & Suites by Wyndham St. Louis Westport

St. Louis, MO

Price/Room: $68,702

Cap Rate: 10.04%

Listing Price: $9,000,000

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Net Lease

Consumer Cellular | St Charles MO (St Louis MSA)

Saint Charles, MO

Years Remaining On Lease: 6.3

Cap Rate: 6.35%

Listing Price: $2,127,905

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Net Lease

10 Year Lease - Advance Auto Jackson MI

Jackson, MI

Years Remaining On Lease: 10.3

Cap Rate: 6.72%

Listing Price: $1,225,000

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Retail

Medical & Daycare Center

Matteson, IL

Price/Gross SF: $190.81

Cap Rate: 9.78%

Listing Price: $2,595,000

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Net Lease

Big O Tires

Shawnee, KS

Years Remaining On Lease: 7.5

Cap Rate: 6.41%

Listing Price: $4,080,000

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Industrial

Aurora Industrial Complex | Value-Add Multi-Tenant

Aurora, IL

Price/Gross SF: $24.87

Cap Rate: 10.91%

Listing Price: $8,500,000

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Retail

O'Reilly Auto Center | Dayton MSA | 6.00% Cap

Brookville, OH

Price/Gross SF: $243.60

Cap Rate: 6.00%

Listing Price: $1,760,000

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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.

Employment

Research Brief

Employment

September 2024

Research Video

Job Market Strengthens CRE Investment Outlook

September 9, 2024

Research Video

Single Family Housing Influencing CRE Outlook

September 3, 2024

Multifamily

Research Brief

Housing

August 2024

Self-Storage

Special Report

Self-Storage National Report

3Q 2024

mm hospitality

Special Report

Hospitality National Report

3Q 2024

Research Video

Why The Last 5 Years Suggest Strong CRE Outlook

August 26, 2024

Retail

Research Brief

Retail Sales

August 2024

Research Video

The CRE Investment Climate Just Changed…

August 19, 2024

GDP

Research Brief

Inflation

August 2024

GDP

Research Brief

Capital Markets

August 2024

Research Video

Is a Weaker Economy Good News for CRE?

August 12, 2024

Industrial

Special Report

Industrial National Report

3Q 2024

Employment

Research Brief

Employment

August 2024

Research Video

When Will The Fed Cut Rates? And By How Much?

August 5, 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.

Whitewater Plaza

Press Releases

Marcus & Millichap Arranges Sale of 24,211-Square-Foot Retail Strip in Whitewater, Wisconsin

Marcus & Millichap announced today the sale of Whitewater Plaza, a 24,211-square-foot retail strip property located in Whitewater, Wisconsin.

August 28, 2024

Golden Corral

Press Releases

Marcus & Millichap Announces Sale of Golden Corral Location in Indiana

Marcus & Millichap announced today the sale of a Golden Corral location in Schererville, Indiana.

August 29, 2024

Gateway Plaza

Press Releases

Marcus & Millichap Facilitates $2.6 Million Sale of Gateway Plaza Retail Center and Arby's in East Peoria, Illinois

Marcus & Millichap announced today the sale of Gateway Plaza, a 14,449-square-foot retail strip center, and a net-leased Arby’s location in East Peoria, Illinois.

September 03, 2024

Sentry Self-Service Storage

Press Releases

Marcus & Millichap Arranges Sale of 223-Unit Self-Storage Property in Tallahassee

Marcus & Millichap announced today the sale of Sentry Self-Service Storage, a 223-unit self-storage property located in Tallahassee, Florida.

September 03, 2024

Townsquare Apartments

Press Releases

Marcus & Millichap Arranges Sale of 30-Unit Apartment Property in Chaska, Minnesota

Marcus & Millichap announced today the sale of Townsquare Apartments, a 30-unit apartment property located in Chaska, Minnesota.

September 03, 2024

Best Western Plus

Press Releases

Marcus & Millichap Facilitates Sale of 68-Room Best Western Plus in Wisconsin

Marcus & Millichap announced today the sale of Best Western Plus, a 68-room hotel property located in Hudson, Wisconsin in the Minneapolis MSA.

September 03, 2024

Spokane MainStay Sleep Inn Dual Brand

Press Releases

Marcus & Millichap Arranges $10.175M Sale of Dual-Branded Hotels in Washington

Marcus & Millichap announced today the sale of dual-branded hotels, Sleep Inn and MainStay Suites in Spokane, Washington.

September 05, 2024

Caliber Collision

Press Releases

Marcus & Millichap Arranges Sale and Financing of Caliber Collision Location in Minnesota

Marcus & Millichap announced today the sale of a Caliber Collision location in St. Cloud, Minnesota.

September 09, 2024

Hampton Inn Pittsburgh

Press Releases

Marcus & Millichap Auctions 69-Room Hampton Inn Property in Pittsburgh

Marcus & Millichap announced today the sale of a Hampton Inn hotel property located in Pittsburgh, Pennsylvania.

September 09, 2024

800 Hillgrove Avenue

Press Releases

Marcus & Millichap Arranges Sale of Prime Mixed-Use Property in Western Springs, Illinois

Marcus & Millichap announced today the sale of 800 Hillgrove Avenue, a 21,215-square-foot mixed-use retail center located in downtown Western Springs, Illinois.

September 10, 2024

McLaren Macomb-Gratiot Medical

Press Releases

Marcus & Millichap Facilitates Sale of 17,333-Square-Foot McLaren Medical Office in Michigan

Marcus & Millichap announced today the sale of McLaren Macomb-Gratiot Medical Building, a 17,333-square-foot medical office property in Clinton Township, Michigan.

September 04, 2024

Harbor Town Inn & Suites

Press Releases

Marcus & Millichap Arranges Sale of Harbor Town Inn & Suites in Manitowoc, Wisconsin

Marcus & Millichap announced today the sale of Harbor Town Inn & Suites, an 80-room hotel property located in Manitowoc, Wisconsin.

August 26, 2024

Commercial Property Executive 2022

Media

Investors Seeking Office Bargains Are Finding Them

CBD values have fallen 52 percent from their high, according to MSCI.

August 23, 2024

Randhurst Portfolio

Press Releases

Marcus & Millichap Arranges Sale and Financing of Three Building Retail Portfolio in Illinois

Marcus & Millichap announced today the sale of a three-building, 11-tenant retail portfolio located in Mount Prospect, Illinois.

August 20, 2024

Piggly Wiggly Portfolio

Press Releases

Marcus & Millichap Arranges Sale of Two Piggly Wiggly Properties in Wisconsin

Marcus & Millichap announced today the sale of two Piggly Wiggly grocery stores located in Boscobel and Howards Grove, Wisconsin.

August 20, 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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