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508 N Kankakee Street, Wilmington, IL 60481
$1,450,000
508 N Kankakee Street, Wilmington, IL 60481View this property at 508 N Kankakee Street, Wilmington, IL 60481
508 N Kankakee StreetWilmingtonIL60481
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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.
Full Property Details
Full Property Details for 508 N Kankakee St
General
- Price: $1,450,000
- Taxes: $3,538 (2022)
- Status: Active
- Type: Business
- MLS ID: 12009048
- Updated: 4/1/2024
- Added to Site: 41 day(s) ago
Business
- Name: MILLTOWN MARKET & STORAGE
- Business Type: Retail
- Years in Business: 11 or More
Interior
- Interior Features: Freight Elevator(s), Public Restroom(s), Storage Inside, Laundry Room
Parking
- Parking Features: 13 to 18 Spaces
Location
- Area: Wilmington
- County: Will
- Driving Directions: From Joliet .. Rt. 53 into Wilmington .. Turn right on Kankakee Street to property: Milltown Market and Storage
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 17,000
Lot Features
- Lot Size (Sq. Ft.): 37,026
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 193 x 226 x 153 x 226
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $3,538.24
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof
Disclosures and Reports
- Ownership: Sole Proprietor
- Property ID: 317253290120000
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Schools
Schools serving 508 N Kankakee St
School District:Wilmington Community Unit School District 209u
Rating | Name | Grades | Distance |
---|---|---|---|
221 Ryan St, Wilmington, IL 60481 | 2-5 | 0.8 mi | |
Bruning Elementary School
1910 Bruning Dr, Wilmington, IL 60481 | PK-1 | 2 mi | |
715 S Joliet St, Wilmington, IL 60481 | 6-8 | 0.7 mi | |
209 Wildcat Ct, Wilmington, IL 60481 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 N Kankakee St
Date
Details
Price
Change
Source
3/19/2024
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 508 N Kankakee St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,538
-3%
$45,800
—
2020
$3,658
-1%
$45,800
—
2019
$3,692
-1%
$45,800
—
2018
$3,713
-1%
$45,800
—
2017
$3,748
—
$45,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 N Kankakee St
508 N Kankakee Street, Wilmington, IL 60481 (MLS# 12009048) is a Business property. 508 N Kankakee Street is currently listed for $1,450,000 and was received on March 19, 2024. Want to learn more about 508 N Kankakee Street? Do you have questions about finding other Business real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.