Seize the opportunity to own a profitable, established business in the heart of Wilmington! Milltown Market & Storage features a spacious 17,000 sq ft building that houses 50+ vendor booths, making it a regional destination for antiques, collectibles, vintage decor, and one-of-a-kind finds. The marketplace has a loyal customer base and a steady stream of visitors year-round. Adding to the income potential, the property includes 39 outdoor storage units, all with paying tenants, providing reliable monthly rental revenue. This dual-income model-retail vendor space plus storage rental-makes Milltown Market & Storage a unique and stable investment. With a strong vendor community, consistent rental income, and an expansive building in a prime location, this is a rare chance to acquire a turnkey business with growth potential.
| Listing Id: | 12458780 |
|---|---|
| Property Type: | Business Opportunity |
| Status: | Active |
| Lot Size Square Feet: | 37,026 |
| County Or Parish: | Will |
| Postal Code: | 60481 |
| Basement: | false |
| Business Name: | MILLTOWN MARKET & STORAGE |
| Cooling: | Central Air |
| Adjusted Net Income: | 00 |
| Adj Net Inc Expense Source: | Actual |
| Agent Owned/Interest (Y/N): | No |
| Business Age: | 11+ Years |
| Cost Of Goods Sold: | 0 |
| Cost Of Goods Year: | 2024 |
| Known Encumbrances: | First Mortgage |
| Gross Profit: | 90000 |
| Gross Profit Year: | 2024 |
| Gr Sales Ann Expense Source: | Actual |
| Inventory: | 00 |
| Information: | None |
| Location: | Central Business District |
| Market Code: | Active |
| Misc Inside: | Elevator/s Freight, Public Restroom/s, Storage Inside, Laundry Room |
| Net Profit Source: | Actual |
| Ownership Type: | Sole Proprietor |
| Outdoor Parking: | 13-18 Spaces |
| Property Offered: | For Sale Only |
| Gross Payroll Year: | 2024 |
| Sales Taxes Expense Source: | Actual |
| Sales Taxes Year: | 2024 |
| Total Op Expense Source: | Actual |
| Tax Expense Source: | Actual |
| Update Date: | 2026-07-31T13:12:28 |
| Number Of Full Time Employees: | 0 |
| Operating Expense: | $30,000 |
| Parcel Number: | 0317253290120000 |
| State Or Province: | IL |
| Real Estate Included? (Y/N): | Yes |
| List Price: | $799,000 |
|---|---|
| Property Type: | Bus / Bus w/Real Est |
| Parking On Site: | No |
| Tax Annual Amount: | $3,468 |
| City: | Wilmington |
| Building Area Total: | 17000 |
| Business Type: | Retail |
| Current Use: | Commercial |
| Directions: | From Joliet .. Rt. 53 into Wilmington .. Turn right on Kankakee Street to property: Milltown Market and Storage |
| Lot Size Dimensions: | 193X226X153X226 |
| MLS Area Major: | Wilmington |
| Annual Rent For Real Estate: | 0 |
| Adj Net Income Year: | 2024 |
| Ann Rnt Expense Source: | Actual |
| Approx Land Sq Footage: | 17,000 |
| Cost Of Goods Expense Source: | Actual |
| Corporate Limits: | Wilmington |
| Current Owner: | 11+ Years |
| Gross Profit Expense Source: | Actual |
| Gross Sales Annual: | 90000 |
| Gross Sales Ann Year: | 2024 |
| Heat/Ventilation: | Forced Air, Gas |
| Inventory Year: | 2024 |
| Inventory Expense Source: | Actual |
| Living Quarters: | None |
| List Price Per Sf: | 47 |
| Lot Size: | .50-.99 Acre |
| Net Profit: | 60000 |
| Operating Expense Includes: | Insurance, Water/Sewer, Gas |
| Gross Payroll: | 0 |
| Gross Payroll Expense Source: | Actual |
| Sale Price Includes: | Land, Building, Business, Equipment |
| Sales Taxes: | 00 |
| Total Op Exp Year: | 2024 |
| Type Of Lease: | Other (See Remarks) |
| Unit Square Footage: | 17000 |
| Number Of Part Time Employees: | 0 |
| Original List Price: | $1,000,000 |
| Possession: | Closing |
| Stories: | 2 |
| Tax Year: | 2024 |
| Zoning: | COMMR |
| Actual Status: | Active |
| Confidentiality Or Non Disclosure Agreement Required? (Y/N): | No |
Listing Courtesy of: Village Realty, Inc.
Listing Agent: Kelli Lawler
815-922-0651
Mortgage Calculator
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Hayfa Dahleh-Allan are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Copyright © 2026 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed.
Midwest Real Estate Data LLC data last updated on October 08, 2026 04:15 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:15 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Property Last Updated: October 08, 2026 04:15 PM - CT
