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508 N Kankakee Street

Wilmington, IL 60481
  • $1,450,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 12009048
UPDATED: 108 min ago
$1,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-06-12T15:03:02.063 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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508 N Kankakee Street Wilmington, IL 60481

  • Price: $1,450,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 108 min ago
  • MLS #: 12009048
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Wilmington
County:
Will
Area:
Wilmington
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.
Exterior Features

Lot Size .50-.99 Acre Outdoor Parking 13-18 Spaces

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Miscellaneous Inside Elevator/s FreightPublic Restroom/sStorage InsideLaundry Room

Property Features

Additional Parcels YN No Adjusted Net Income 00 Adjusted Net Income Year 2023 Annual Rent For Real Estate 00 Building Area Total 17000 Business Age 11+ Years Business Type Retail Corporate Limits Wilmington Gross Profit Year 2023 Gross Sales Annual 00 Gross Sales Annual Year 2023 Location Central Business District Mls Actual Status Active Operating Expense 0 Ownership Type Sole Proprietor Ownership Types Sole Proprietor Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipment Tax Annual Amount 3538.24 Tax Year 2022 Tenant Pays Air ConditioningCommon Area MaintenanceHeatJanitorial ServiceTaxesInsuranceRepairsRoof Type Bus / Bus w/Real Est Type Of Lease Other (See Remarks) Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX 10: 815-485-5500.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-06-12T15:03:02.063 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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