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Retail Space with Storage Units
New
For Sale
$799,000

508 N Kankakee St, Wilmington, IL 60481

Marketplace building includes vendor areas alongside outdoor storage units.

Property Size17,000 SF
Price / SF$47
Days on Market6

Property Features for 508 N Kankakee St

General Information

Standard status Active
Size 17,000 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes
Self-Storage Units 39

Building Details

Buildings 1
Building Size 17,000 SF
Tenancy Multi
Listing Agency: Village Realty, Inc.
Listed By: Kelli Lawler
Source: Amyboston.realtopiare
Added: Aug 24 Changed: Aug 29 Last Checked: Aug 25 at 4:02AM

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 building configured for a multi-vendor marketplace. The interior accommodates 50+ vendor booths featuring antiques, collectibles, vintage decor, and other specialty merchandise. The property also includes 39 outdoor storage units, creating a second physical component alongside the retail operation.

Located at 508 N Kankakee St in Wilmington, IL 60481, the property combines retail vendor space with storage facilities under one ownership. The outdoor units are occupied by paying tenants, while the building supports an established marketplace business known for its range of distinctive merchandise.

Key Highlights

  • 17,000 sq ft retail building
  • 50+ vendor booths within the marketplace
  • 39 outdoor storage units

Property Analytics

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

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 - Marketplace building includes vendor areas alongside outdoor storage units.
Where is this retail space located?
The property is located at 508 N Kankakee St 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 retail building; 50+ vendor booths within the marketplace; 39 outdoor storage units
More about this property
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