508 N Kankakee ST, Wilmington, IL 60481
508 N Kankakee ST, Wilmington, IL 60481
508 N Kankakee ST, Wilmington, IL 60481
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$799,000
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17,000 SqFt
Price Dropped by $100K

508 N Kankakee ST Wilmington, IL 60481

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $47

MLS Listing ID 12458780

Annual Tax Amount $3,468

Tax Year 2024

Lot Dimensions 193X226X153X226

Property Sub-Type Bus / Bus w/Real Est

Property Description

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.

Location

State IL

County Will

Area Wilmington

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Bus / Bus w/Real Est

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kelli Lawler of  Village Realty, Inc. 

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Park Place Realty Group LLC

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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