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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

Dollar General | St. Louis MSA | Top Performer - Ranked 88th Percentile Placer.ai

Staunton, IL

Years Remaining On Lease: 4.5

Cap Rate: 7.80%

Listing Price: $969,000

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Retail

3100 Retail Center

Springfield, IL

Listing Price: $800,000

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Industrial

15708 Industrial Pkwy

Cleveland, OH

Price/Gross SF: $57.39

Cap Rate: 9.57%

Listing Price: $1,725,000

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Office

Woodland Park Offices Burr Ridge

Burr Ridge, IL

Price/Gross SF: $125.12

Cap Rate: 11.02%

Listing Price: $6,399,000

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Net Lease

Walgreens | Franklin, WI (Milwaukee MSA)

Franklin, WI

Years Remaining On Lease: 6.0

Cap Rate: 8.50%

Listing Price: $3,517,520

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Hospitality/Golf

Best Western Plus Steeplegate Inn

Davenport, IA

Price/Room: $63,559

Listing Price: $7,500,000

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Retail

Sleep Number Three-Tenant Center | All New Construction

Columbus, IN

Price/Gross SF: $710.47

Cap Rate: 6.55%

Listing Price: $3,765,500

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Net Lease

Dollar General

Deer River, MN

Years Remaining On Lease: 8.0

Cap Rate: 7.80%

Listing Price: $1,113,743

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Net Lease

Mad Nice

Detroit, MI

Years Remaining On Lease: 8.3

Cap Rate: 6.50%

Listing Price: $2,769,000

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Net Lease

Caliber Collision | Cincinnati, OH

Cincinnati, OH

Years Remaining On Lease: 6.0

Cap Rate: 6.96%

Listing Price: $1,200,000

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Net Lease

Chili’s NNN Lease Recent Remodel Completed

Calumet City, IL

Years Remaining On Lease: 3.0

Cap Rate: 7.65%

Listing Price: $4,277,934

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Net Lease

Denny's Absolute Net Lease

Evansville, IN

Years Remaining On Lease: 3.4

Cap Rate: 5.56%

Listing Price: $1,350,000

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Industrial

Cross Dock Facility | 2.60 AC | I-57 & Olympian Rd

Champaign, IL

Price/Gross SF: $48.54

Listing Price: $675,000

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Retail

Caliber Collision & Enterprise | Harrison, OH

Harrison, OH

Price/Gross SF: $101.62

Cap Rate: 6.50%

Listing Price: $1,370,000

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Hospitality/Golf

Sleep Inn & Suites Green Bay South

De Pere, WI

Price/Room: $71,711

Cap Rate: 7.70%

Listing Price: $5,450,000

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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

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

mm multifamily

Special Report

Multifamily National Report

3Q 2024

Seniors Housing

Special Report

Senior Housing National Report

2H 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.

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

eCore Real Estate Summit
Industry Events

eCore Real Estate Summit

Trump National Doral, Miami, FL
November 17 – November 19, 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

7 Eleven

Press Releases

Marcus & Millichap Arranges Sale of Prime Chicagoland 7-Eleven Retail Center

Marcus & Millichap announced today the sale of a 7-Eleven Retail Center located in Northbrook, Illinois.

November 07, 2024

Mandolin Place

Press Releases

Marcus & Millichap Arranges $4.2M Sale of 72-Unit Apartment Property in Minnesota

Marcus & Millichap announced today the sale of Mandolin Place, a 72-unit apartment property located in Austin, Minnesota.

November 06, 2024

Sherwin Williams TX

Press Releases

Marcus & Millichap Facilitates Sale of Brand-New Sherwin-Williams Location in Texas

Marcus & Millichap announced today the sale of a net-leased Sherwin-Williams location in Haslet, Texas in the Dallas/Fort Worth MSA.

November 06, 2024

9620 E State Rte 350

Press Releases

Marcus & Millichap Arranges $2 Million Sale of Industrial Property in Missouri

Marcus & Millichap announced today the sale of 9620 E. State Route 350, a 34,560-square-foot industrial property located in Raytown, Missouri.

November 05, 2024

Starbucks and TMobile

Press Releases

Marcus & Millichap Arranges Sale of Starbucks and T-Mobile Locations in Michigan

Marcus & Millichap announced today the sale of a 4,556 square foot retail property tenanted by Starbucks and T-Mobile in Stevensville, Michigan.

November 05, 2024

St. Louis Heart and Vascular

Press Releases

Marcus & Millichap Arranges Sale of St. Louis Heart and Vascular Building in Bridgeton

Marcus & Millichap announced today the sale of a 22,097-square-foot, single-tenant medical office in Bridgeton, Missouri.

November 04, 2024

Arbys

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Arby’s Location in West Allis, Wisconsin

Marcus & Millichap announced today the sale of a net-leased Arby’s location in West Allis, Wisconsin.

November 04, 2024

Starbucks Third Lake

Press Releases

Marcus & Millichap Brokers Sale of Brand-New Starbucks Location in Illinois

Marcus & Millichap announced today the sale of a net-leased Starbucks location in Third Lake, Illinois.

November 04, 2024

Globe St. Healthcare
Industry Events

Globe St. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 2 – December 3, 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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