Address
508 N Kankakee Street, Wilmington, IL
Price
$ 1,450,000
Property Attributes
  • MLS#12009048
  • TypeBusiness Op
  • CountyWILL
  • CityWilmington
  • AreaWilmington
  • Zip60481
  • StyleRetail
  • Taxes$ 3538
  • Price$ 1,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage17000
  • Lot Size0.85 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

If you have ever wanted to have your own antique/re-sale/vintage business, this is the perfect opportunity! Over 17,000 square feet of indoor space, supplying forty (40) monthly-paying venders with the booths to sell their treasures. Note that there is a waiting list for these booth-type spaces! Included with this sale are 39 outside storage units bringing in additional monthly income. This is a single-owner business. A few dedicated vendors do get a reduced monthly fee in exchange for help with inventory and maintenance and they do a fantastic job. This property is clean, bright, cheerful and inviting. Everything is in good condition especially considering the original building was constructed in the early 1860's and operated as a saw mill. The present owner of 18 years expanded the main floor and opened up the attic providing extra booths and wonderful open space conducive to shopping. A person can't walk out without buying something! There are five newer furnaces and four central air conditioners plus roof in 2016.

Price History
3/22/2024 Listed $1,450,000

General Features

Cooling Central Air
Possession Closing
Zoning COMMR
Tenant Pays Air Conditioning,Common Area Maintenance,Heat,Janitorial Service,Taxes,Insurance,Repairs,Roof
Stories 2
Tax Year 2022
Business Type Retail
Business Name MILLTOWN MARKET & STORAGE
County Will
Property Type Business Opportunity
Status Active
Directions From Joliet .. Rt. 53 into Wilmington .. Turn right on Kankakee Street to property: Milltown Market and Storage
City Wilmington
MLS Area Wilmington
Lot Size Square Feet 37026
Street Name Kankakee
Tax Annual Amount 3538.24
Additional Parcels Y/N No
Days on Market 13
Standard Status Active
Property Type Bus / Bus w/Real Est
Ownership Type Sole Proprietor

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 17000
Lot Dimensions 193X226X153X226

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60481

Price
AVG $840K
$1.45M
Taxes
AVG $3,757
$3,538
Visits
AVG 36
28
Data Provided by Inside Real Estate®

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