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508 N Kankakee Street
Wilmington IL 60481 US

$1,000,000

Active Listing ID 12458780
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$1,000,000

Active Listing ID 12458780
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508 N Kankakee Street Seize the opportunity to own a profitable, established business in the heart of Wilmington! Milltown Market & Storage features a spacious 17, 000 sq ft building that houses 50+ vendor booths, making it a regional destination for antiques, collectibles, vintage decor, and one-of-a-kind finds. The marketplace has a loyal customer base and a steady stream of visitors year-round. Adding to the income potential, the property includes 39 outdoor storage units, all with paying tenants, providing reliable monthly rental revenue. This dual-income model-retail vendor space plus storage rental-makes Milltown Market & Storage a unique and stable investment. With a strong vendor community, consistent rental income, and an expansive building in a prime location, this is a rare chance to acquire a turnkey business with growth potential.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1000000
  • unparsedaddress: 508 N Kankakee Street
  • postalcity: Wilmington
  • stateorprovince: IL
  • country: US
  • postalcode: 60481
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 17000
  • livingareaunits: Square Feet
  • listagentfullname: Kelli Brach
  • listagentemail: Kelli@vrsrealty.com
  • listagentkey: 3yd-MREDIL-261921
  • listagentmlsid: 261921
  • listagentpreferredphone: 7084781212
  • listagentofficephone: 7084781212
  • listofficekey: 3yd-MREDIL-23641
  • listagentstatelicense: 475195585
  • listofficemlsid: 23641
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2025-09-02
  • listagenturl: http://vrsrealty.com
  • countyorparish: Will
  • parcelnumber: 0317253290120000
  • cooling: Central Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Village Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Kelli@vrsrealty.com", "ListBrokerageCity":"Frankfort", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mike@vrsrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/c5b67161ad7011e782350242ac11000a/20171013192533953.png", "ListBrokerageName":"Village Realty", "ListBrokeragePhone":"(708) 478-1212", "ListBrokeragePostalCode":"60423", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Unit C", "ListBrokerageUnparsedAddress":"20950 S. Frankfort Square Rd", "ListBrokerageWebsiteUrl":"http://vrsrealty.com", "ListOfficeAddress1":"20950 S. Frankfort Sq Rd # C", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"238178", "ListOfficeCity":"Frankfort", "ListOfficeCountry":"US", "ListOfficeEmail":"Mike@mikeglennhomes.com", "ListOfficePostalCode":"60423", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Business Opportunity - Wilmington, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12458780/?channel=rexren", "MLSModificationTimestamp":"2025-09-02T15:29:01Z", "Neighborhoods":[{"Description":null, "Name":"Wilmington"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Business Opportunity", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3468, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/2/2025 9:34:30 PM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: Kelli Brach, Village Realty, Inc., Kelli@vrsrealty.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.