O'Neil Property Group
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$899,000
266 Days On Site

508 N Kankakee Street
Wilmington, IL 60481

For Sale|Business|Active
0
Beds
0
Total Baths
17,000
SqFt
$53
/SqFt
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty, Inc.
508 N Kankakee Street508 N Kankakee Street508 N Kankakee Street508 N Kankakee Street
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Monthly Payment (Est.)

$4,102
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ยฉ2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Priceย 
$899,000
Days On Siteย 
266 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
17,000 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
N/A
MLSยฎ Numberย 
12458780
Statusย 
Active
Property Taxย 
$3,468
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLSยฎ
4 months agoStatus changed to Active
4 months agoPrice changed to $899,000
9 months agoListing first seen on site
General Features
Additional Property Useย 
Commercial
Number Of Storiesย 
2
Property Sub Typeย 
Business
SqFt Totalย 
17000
Zoningย 
COMMR
Interior Features
Coolingย 
Central Air
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Community Features
MLS Areaย 
Wilmington
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty, Inc.



Based on information submitted to the MLS GRID as of 2026-05-27 09:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-27 09:00 AM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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