Retail Space with Storage
For Sale
$799,000
508 N Kankakee Street, Wilmington, IL 60481
The building accommodates vendor booths and includes outdoor storage units.
Property Size17,000 SF
Price / SF$47
Days on Market344
Property Features for 508 N Kankakee Street
General Information
Standard status
Active
Size
17,000 SF
Property subtype
Business Opportunity
Zoning
COMMR
Additional Details
Business Included
Yes
Outdoor Storage
Yes
Self-Storage Units
39
Taxes and HOA fees
Annual Taxes
$3,468
Building Details
Building Size
17,000 SF
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Village Realty, Inc.
(708) 478-1212
Listed By:
Kelli Lawler
(708) 478-1212
Source:
Cavanaghrealty
Added: Sep 2, 2025
Changed: Aug 11
Last Checked: Aug 11 at 6:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Village Realty, Inc.
Investment Insights
Based on property information with market context.
Milltown Market & Storage is a 17,000 sq ft retail property in Wilmington, Illinois, with space for 50+ vendor booths. The marketplace focuses on antiques, collectibles, vintage decor, and other distinctive merchandise, creating a multi-vendor retail format within the building.
The property also includes 39 outdoor storage units, all occupied by paying tenants. This combination of vendor space and storage rentals provides two established operating components at 508 N Kankakee Street. The property is designated COMMR.
The property also includes 39 outdoor storage units, all occupied by paying tenants. This combination of vendor space and storage rentals provides two established operating components at 508 N Kankakee Street. The property is designated COMMR.
Key Highlights
- 17,000 sq ft building configured for a multi‑vendor retail marketplace
- 50+ vendor booths for antiques, collectibles, vintage decor, and specialty merchandise
- 39 outdoor storage units included with the property
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The building accommodates vendor booths and includes 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 configured for a multi‑vendor retail marketplace; 50+ vendor booths for antiques, collectibles, vintage decor, and specialty merchandise; 39 outdoor storage units included with the property
