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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

Freddy's

Machesney Park, IL

Years Remaining On Lease: 17.3

Cap Rate: 6.40%

Listing Price: $2,812,500

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Net Lease

Denny's Absolute Net Lease

Evansville, IN

Years Remaining On Lease: 3.3

Cap Rate: 6.00%

Listing Price: $1,250,000

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Net Lease

Dollar General

Oakland City, IN

Years Remaining On Lease: 5.5

Cap Rate: 8.39%

Listing Price: $895,000

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Retail

Jimmy John’s & Smoothie King Anchored Center

Merrillville, IN

Price/Gross SF: $414.16

Cap Rate: 7.50%

Listing Price: $1,915,916

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Apartments

The Element

Whitewater, WI

Cap Rate: 7.32%

Listing Price: $4,875,000

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Apartments

South Chicagoland Portfolio

Chicago, IL

Number of Units: 194

Cap Rate: 10.59%

Listing Price: $12,875,000

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Net Lease

Dollar General

Mansfield, OH

Years Remaining On Lease: 3.4

Cap Rate: 9.50%

Listing Price: $961,979

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Apartments

East Ridge

Indianapolis, IN

Number of Units: 42

Cap Rate: 7.18%

Listing Price: $3,425,000

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Apartments

West Side Apartments

Mauston, WI

Number of Units: 48

Cap Rate: 7.49%

Listing Price: $8,950,000

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Net Lease

Maurices

Chadron, NE

Years Remaining On Lease: 0.1

Cap Rate: 9.26%

Listing Price: $490,000

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Retail

Maurices & Hibbett Sports

Pratt, KS

Price/Gross SF: $76.53

Cap Rate: 5.09%

Listing Price: $750,000

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Net Lease

Dark Value Add | QSR Redevelopment Opportunity

Springfield, IL

Years Remaining On Lease: 1.2

Cap Rate: 17.21%

Listing Price: $550,000

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Industrial

Amazon Industrial

La Crosse, WI

Price/Gross SF: $93.99

Cap Rate: 6.78%

Listing Price: $6,250,000

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Apartments

Mcgill Terrace Apartments

Chicago, IL

Number of Units: 48

Cap Rate: 7.20%

Listing Price: $6,100,000

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Retail

New Chipotle VCA Animal Hospital

Wheaton, IL

Price/Gross SF: $699.78

Cap Rate: 6.25%

Listing Price: $4,093,000

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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 Structural Shift That Could Transform Real Estate

December 9, 2024

Employment

Research Brief

Employment

December 2024

Research Video

Will Holiday Spending Impact Real Estate This Year?

December 2, 2024

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

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Westwind Apartments

Press Releases

Marcus & Millichap Arranges Sale of 60-Unit Senior Living Apartment Property in St. Cloud, Minnesota

Marcus & Millichap announced today the sale of Westwind Apartments, a 60-unit senior living apartment property located in St. Cloud, Minnesota.

December 11, 2024

Best Western Alexandria

Press Releases

Marcus & Millichap Brokers Sale of 47-Room Best Western in Minnesota

Marcus & Millichap announced today the sale of a 47-room Best Western in Alexandria, Minnesota.

December 11, 2024

Interstate Secure Storage

Press Releases

Marcus & Millichap Brokers Sale of 233-Unit Self-Storage Property in Wisconsin

Marcus & Millichap announced today the sale of Interstate Secure Storage, a 233-unit self-storage property located in Janesville, Wisconsin.

December 04, 2024

Fourth Avenue Apartments

Press Releases

Marcus & Millichap Facilitates $2.05M Sale of 24-Unit Apartment Property in Wisconsin

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

December 04, 2024

Emergency Animal Hospital

Press Releases

Marcus & Millichap Arranges Sale of Fully Leased Veterinary Medicine Facility in Texas

Marcus & Millichap announced today the sale of a three-tenant veterinary medicine office property located in Plano, Texas.

December 02, 2024

Val Verde Place Shopping Center

Press Releases

Marcus & Millichap Arranges Sale of 23-Suite Retail Strip in La Vista, Nebraska

Marcus & Millichap announced today the sale of Val Verde Place Shopping Center, a 23-suite retail strip property in La Vista, Nebraska.

November 26, 2024

Apex Apartments

Press Releases

Marcus & Millichap Arranges Sale of 135-Unit Apartment Property in Wisconsin

Marcus & Millichap announced today the sale of The Apex Apartments, a 135-unit apartment property located in Whitewater, Wisconsin.

November 26, 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

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

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

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 Property 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

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

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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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