Apartment Building

Mount Carroll, IL Apartment Buildings for Sale

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Mt Carroll, IL Lanark, IL Savanna, IL Thomson, IL Shannon, IL Sabula, IA Pearl City, IL Fulton, IL
Historic Mixed-Use Property
Updated: May 8, 2025
Historic Mixed-Use Property

102 E Market Street, Mount Carroll, IL 61053

$319,000
6,638 sqft
6,638‑square‑foot mixed‑use building constructed in 1870
Five apartments, including a main‑level unit added in 2018
Four second‑floor apartments renovated in 2014 with separate electric services
Commercial area includes two glass‑enclosed soundproof offices, reception area, conference space, and vault
Approximately 800+ sq. ft. of unfinished west basement space with multiple entrances
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Carroll, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

12-Unit Apartment Property
12-Unit Apartment Property

405 E Truth Street, Shullsburg, WI 53586

$1,599,000
2.04 AC lot

Four townhouse-style buildings provide a 12-unit residential income property with shared laundry, tenant storage, and off-street parking.

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12-Unit Townhouse-Style Apartment Property
12-Unit Townhouse-Style Apartment Property

405 E Truth St Unit 1, Shullsburg, WI 53586

$1,599,000

Four townhouse-style buildings offer updated units, tenant storage, accessible features, parking, and shared laundry.

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Six-Unit Apartment Building
Six-Unit Apartment Building

206 W 5th St, Sterling, IL 61081

Contact for pricing

Fully rented six-unit complex with all 2-bedroom units and tenant-paid utilities.

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Retail and Apartment Building
Retail and Apartment Building

408 3rd Ave, Sterling, IL 61081

Contact for pricing

Two commercial storefronts with eight apartments above, including two studios and four one-bedrooms.

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Mount Carroll, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Mount Carroll, IL on our real estate platform. These investment opportunities span a total of 6,638 square feet of properties for sale, with an estimated market value of $319,000.

Sale prices for two-family homes in Mount Carroll, IL average $319,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,902
Population Growth (5Y) +11.1%
Median Household Income $61,932
College Educated 31.5%

High-Yield Neighborhoods for Investment

Identify Mount Carroll submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61053 $399K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carroll County

New Delisted

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