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508 N Kankakee Street
Wilmington IL 60481 US

$1,000,000

Active Listing ID 12458780
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Lot: 0.85 Acres
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Other

$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
  • Lot Size: 0.85 Acres
  • 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
  • lotsizeacres: 0.85
  • lotsizeunits: Acres
  • lotsizearea: 0.85
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Kelli Brach
  • listagentemail: kelli@vrsrealty.com
  • listagentkey: 3yd-MREDIL-261921
  • listagentmlsid: 261921
  • listagentpreferredphone: (708) 478-1212
  • listagentofficephone: 7084781212
  • listofficekey: 3yd-MREDIL-23641
  • 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: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Village Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":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":"Unit C", "ListOfficeBrokerMlsId":"23641", "ListOfficeCity":"Frankfort", "ListOfficeCountry":"USA", "ListOfficeEmail":"mike@mikeglennhomes.com", "ListOfficePostalCode":"60423", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Wilmington, IL", "ListingURL":null, "MLSModificationTimestamp":"2025-09-08 05:07:20", "Neighborhoods":[{"Description":null, "Name":"Wilmington"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3468, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/28/2025 8:24:32 AM GMT
Source Updated Date: 1/1/2026 6:43:43 PM 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.