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102 E Market Mount Carroll, IL 61053

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For Sale
$450,000

5+ Units - MOUNT CARROLL, IL

Property size:
3,319 SF
Added:
May 8, 2025
Days on Market:
329
Last Refresh:
Apr 1 at 8:06 am

Property Features for 102 E Market

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
3
Interior features
Elevator, Laundry In Building
Accessibility
Accessible Elevator Installed
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Standard status
Active
APN
050801401014
Size
3,319 SF

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
4378

Utilities

Heating system
Electric (Heating), Forced Air, Natural Gas
Cooling system
Central Air, Window Unit(s)

Building Details

Building materials
Brick, Stone
Roof type
Other
Architectural style
Other

We can help!

Listing Contact
Amy Barnes
Amy Barnes

Listing agent Amy Barnes License #471001588

Listing office BARNES REALTY, INC. 110 W Carroll Street, Lanark, IL

Listing date May 8, 2025

MLS# 202502324 Listing URL

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Building in Historic District

Located in the heart of Mt. Carroll’s downtown Historic District, this brick building offers a mix of commercial and residential spaces. Formerly a bank, the property includes commercial office space featuring two glass-enclosed, soundproof offices, a granite and cherry reception area, a conference space, and a vault. A main floor apartment, added in 2018, includes an electric fireplace, modern plumbing, appliances, updated flooring, a gas forced-air furnace, central air, some new windows, two bedrooms, a custom kitchen, and a full bath. The upper level, renovated in 2014, contains four modern apartments with new plumbing and electrical systems, electric furnaces, rooftop central air units, custom kitchen cabinetry with granite countertops, appliances, Pella windows with Levolor blinds, and updated flooring and baths. A shared laundry facility serves three units, while the two-bedroom apartment has its own in-unit washer and dryer as well as a dishwasher. The east half of the basement includes a vault and half bathroom with a rear alley entrance. The west side of the basement offers approximately 800+ sq. ft. of unfinished space with multiple entrances, suitable for conversion into additional commercial or residential space. The building has a bituminous roof installed in 2014, and a new water heater installed in 2024. The property is approximately 3319 square feet. Deed restrictions, a party wall agreement, and a utility easement apply, and the property is subject to current leases.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Mount Carroll
County
Carroll
State
Illinois
Longitude
-89.978913
Latitude
42.101274

FAQs

What type of property is this?
Mixed-use property - Impressive mixed-use property with commercial and residential opportunities in Illinois.
Where is this mixed-use property located?
The property is located at 102 E Market Mount Carroll, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime location in the heart of Mt. Carroll's Historic District, offering a unique commercial/residential blend.; Four renovated second‑floor apartments (2014) feature modern amenities and separate utilities, great for immediate rental income.; Main floor apartment (added 2018) with modern updates, appliances, and separate HVAC system.
More about this property
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