Building Details

Floors in Building 2

Listing Agency: Village Realty, Inc. m***@vrsrealty.com Show Phone

Listed By: Kelli Lawler · License #475195585 Show Phone

Added: Sep 2, 2025 Changed: Aug 4 Last Checked: Aug 12 at 1:06AM

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MLS# 12458780

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This retail property includes a 17,000 sq ft building configured for a vendor marketplace with more than 50 booth spaces. The operation focuses on antiques, collectibles, vintage decor, and related merchandise. Central air is provided, and the property also includes 39 outdoor storage units with paying tenants.

The site encompasses 0.85 acres at 508 N Kankakee Street in Wilmington, Illinois. Zoning is COMMR. The combination of interior vendor space and exterior storage units creates two established property components within one commercial asset.

Key Highlights

• 17,000 sq ft building with 50+ vendor booths
• 39 outdoor storage units with paying tenants
• Retail marketplace featuring antiques, collectibles, and vintage decor

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Carpet & Flooring Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

406

Businesses Nearby

Explore this area Business Placement

Demographics for 60481, IL

11,518

Population

5,553

Households

2.1

Avg Household Size

46

Median Age

17%

College-Educated

92%

High-School Grad

123.5 sq mi

ZIP Area

93

Density / Sq Mi

$76,398

Median Household Income

$45,563

Median Earnings

$975

Median Rent

$224,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Central-air retail space includes vendor areas and outdoor storage units.

Where is this retail space located?

The property is located at 508 N Kankakee Street Wilmington, IL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: 17,000 sq ft building with 50+ vendor booths; 39 outdoor storage units with paying tenants; Retail marketplace featuring antiques, collectibles, and vintage decor