O'Neil Property Group

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$799,000
428 Days On Site

508 N Kankakee Street
Wilmington, IL 60481

For Sale|Business|Active
0
Beds
0
Total Baths
17,000
SqFt
$47
/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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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
PriceΒ 
$799,000
Days On SiteΒ 
428 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
17,000 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
N/A
MLS NumberΒ 
12458780
StatusΒ 
Active
Property TaxΒ 
$3,256
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
4 months agoStatus changed to Active
5 months agoPrice changed to $799,000
a year agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
Property Sub TypeΒ 
Business
SqFt TotalΒ 
17000
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
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Community Features
MLS AreaΒ 
Wilmington
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty, Inc.



Based on information submitted to the MLS GRID as of 2026-11-05 04:11 PM 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: 2026-11-05 04:11 PM UTC
MRED DMCA Copyright Information Copyright Β© 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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