508 N Kankakee Street, Wilmington, IL 60481

Building Details

Floors in Building

2

Listing agent Kelli Lawler License #475195585 Show Phone

Listing office Village Realty, Inc. m***@vrsrealty.com 20950 S. Frankfort Sq Rd # C, Frankfort, IL Show Phone

Listing date Sep 2, 2025

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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.

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Overview

Milltown Market & Storage offers a combined retail and storage setup at 508 N Kankakee Street in Wilmington, Illinois. The property includes a 17,000 sq ft building that currently features 50+ vendor booths for antiques, collectibles, vintage decor, and one-of-a-kind finds. It also includes 39 outdoor storage units, which are described as having paying tenants.

The site totals 0.85 acres and is zoned COMMR. The property is presented as an established business operation with both indoor vendor space and outdoor storage rentals.

This configuration may appeal to an owner-operator or buyer looking for a retail marketplace that can accommodate multiple vendors, while also retaining an outdoor storage component. With existing vendor booth infrastructure and storage units already in place, the property provides a practical, dual-use platform for retailers and storage tenants under one ownership.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Wilmington

County

Will

State

Illinois

Longitude

-88.1431036

Latitude

41.3048733

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FAQs

What type of property is this?

Retail space - A combined retail marketplace with outdoor storage units on an 0.85-acre site in Wilmington, Illinois.

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: Dual‑income stream: Retail vendor space and 39 fully occupied outdoor storage units.; Established, profitable business with a loyal customer base.; Spacious 17,000 sq ft building with 50+ vendor booths.