$799,000

508 N Kankakee Street, Wilmington IL, 60481

Price per sqft$47.00

Property size17,000 sqft

Property typeCommercial

Listed by Kelli Lawler with Village Realty, Inc. 815-922-0651

Overview

Active

Listed Sep 2, 2025

Updated Aug 1

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.

Additional information

MLS^® ID: 12458780

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.85 Acres

Other Property Details

Taxes: $3,468
Tax Frequency: Annually

Listed by Kelli Lawler with Village Realty, Inc. 815-922-0651

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