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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

CVS - Midland MI

Midland, MI

Years Remaining On Lease: 16.8

Cap Rate: 6.50%

Listing Price: $6,067,000

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Apartments

623 E Groveland Park

Chicago, IL

Number of Units: 6

Cap Rate: 6.82%

Listing Price: $1,525,000

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Manufactured Housing

Junction West Coffeyville RV Park

Liberty, KS

Price/Space: $11,029

Cap Rate: 11.67%

Listing Price: $1,500,000

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Net Lease

Walgreens Relocation Store | Fresh 5YR Extension

Markham, IL

Years Remaining On Lease: 5.4

Cap Rate: 7.50%

Listing Price: $943,000

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Office

Social Security Administration

Cincinnati, OH

Price/Gross SF: $370.11

Cap Rate: 7.15%

Listing Price: $5,154,839

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Net Lease

Thelma Keller Convention Center

Effingham, IL

Years Remaining On Lease: 0.7

Listing Price: $3,600,000

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Retail

Crossing of Colerain

Cincinnati, OH

Price/Gross SF: $94.82

Cap Rate: 8.50%

Listing Price: $8,140,000

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Hospitality/Golf

Hyatt Place Milwaukee Airport

Milwaukee, WI

Price/Room: $85,859

Cap Rate: 2.43%

Listing Price: $8,500,000

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Net Lease

Tim Hortons Triple Net w/Over 12 Years Remaining

Moraine, OH

Years Remaining On Lease: 12.7

Cap Rate: 6.14%

Listing Price: $1,150,000

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Net Lease

Wendy's

Eastpointe, MI

Years Remaining On Lease: 14.2

Cap Rate: 5.80%

Listing Price: $2,700,000

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Net Lease

Advance Auto Parts

Indianapolis, IN

Years Remaining On Lease: 3.7

Cap Rate: 7.50%

Listing Price: $1,040,000

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Net Lease

Dollar General

Mount Olive, IL

Years Remaining On Lease: 4.9

Cap Rate: 8.50%

Listing Price: $450,353

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Apartments

5836 and 5900 W. Wells Street

Wauwatosa, WI

Number of Units: 8

Cap Rate: 7.71%

Listing Price: $1,300,000

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Net Lease

Dollar General Market | New 15-Yr. NNN with 5% Increases

Chaffee, MO

Years Remaining On Lease: 15.0

Cap Rate: 7.00%

Listing Price: $2,055,000

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Retail

Verizon Anchored Strip Center

Metropolis, IL

Price/Gross SF: $102.41

Cap Rate: 7.75%

Listing Price: $615,500

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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

Key Insights From BEC 2024

April 15, 2024

GDP

Research Brief

Inflation

April 2024

Industrial

Special Report

Cold Storage

April 2024

Retail

Special Report

Unanchored Strip Centers

April 2024

Employment

Research Brief

Employment

April 2024

Research Video

How Aging Baby Boomers Could Impact CRE

April 8, 2024

Office

Special Report

Office Indicators

April 2024

Research Video

Perceptions of the Investment Market

April 1, 2024

Housing

Research Brief

Housing

March 2024

mm manufactured housing

Special Report

Manufactured Home Communities National Report

1H 2024

Research Video

Impact of the March Fed Meeting

March 25, 2024

GDP

Research Brief

Inflation

March 2024

mm industrial

Market Report

2024 U.S. Industrial Investment Forecast

2024 Outlook

Retail

Research Brief

Retail Sales

March 2024

Research Video

Why Aren't We Seeing More CRE Distress?

March 18, 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.

GlobeSt. Net Lease Spring
Industry Events

GlobeSt. Net Lease Spring

New York Marriot Marquis, New York, NY
April 16 – April 17, 2024
Chicago & The Midwest Multifamily Forum
Marcus & Millichap Events

Chicago & The Midwest Multifamily Forum

Hyatt Lodge Oak Brook, Chicago, IL
April 18, 2024
Choice Hotels Annual Convention
Industry Events

Choice Hotels Annual Convention

Mandalay Bay, Las Vegas, NV
April 30 – May 2, 2024
Globest 2024 Best Places To Work Emblem

Media

GlobeSt. 2024 Best Places to Work

CRE's Best Places To Work

April 02, 2024

Urgent Care in Lebanon

Press Releases

Marcus & Millichap Arranges the Sale of a Net-Leased Urgent Care Property in Lebanon, OR

Marcus & Millichap announced today the sale of BestMed Urgent Care, a net-leased property located in Lebanon, Oregon

April 01, 2024

San Fernando Valley Business Journal

Media

Marcus & Millichap Gets Proptech Right - San Fernando Valley Business Journal

Proptech is increasingly important to the real estate industry, and Marcus & Millichap is hoping to lead the charge. 

April 01, 2024

Tractor Supply Madison

Press Releases

Marcus & Millichap Announces the Sale of Tractor Supply Co-Anchored Community Shopping Center in the Cleveland MSA

Marcus & Millichap announced today the sale of Madison Shopping Center, a 72,048-square-foot community shopping center

March 20, 2024

The Car Wash Show
Industry Events

The Car Wash Show

Nashville, TN
May 13 – May 15, 2024
Autozone Orland Park

Press Releases

Marcus & Millichap Arranges the Sale of a 13,926-Square-Foot Illinois Retail Center

Marcus & Millichap announced today the sale of an Autozone Anchored Retail Center, a nearly 14,000 square foot retail property located in Orland Park, Illinois

March 19, 2024

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Don’t Judge the Book By Its Cover, The Real Estate Segments With a Favorable Outlook

March 15, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

CRE Nuances the Media’s Been Missing, Office Real Estate Challenges and Opportunities

March 14, 2024

First Avenue Apartments

Press Releases

Marcus & Millichap Closes Minneapolis Apartment Asset Sale

Marcus & Millichap announced today the sale of 1900-1904 1st Avenue S, a two building apartment community totaling fifty-two units in the City of Minneapolis, Minnesota

March 14, 2024

ICSC Las Vegas
Industry Events

ICSC LAS VEGAS

Las Vegas Concention Center, Las Vegas, NV
May 19 – May 21, 2024
The Highlands

Press Releases

Marcus & Millichap Arranges the Sale of a 100-Unit Apartment Building in Minnesota

Marcus & Millichap announced today the sale of The Highlands, a 100-unit apartment property located in St. Cloud, Minnesota

March 05, 2024

La Quinta Inn

Press Releases

Marcus & Millichap Arranges the Sale of a 108-Room Hospitality Property in Minnesota

Marcus & Millichap announced today the sale of La Quinta Inn & Suites St. Paul-Woodbury, a 108-room hospitality property located in Woodbury, MN

March 04, 2024

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Options

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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