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    206 Market St Mount Carroll, IL 61053

    For Sale
    $94,500

    Mixed Use - MOUNT CARROLL, IL

    Type:Mixed Use
    Days on Market:
    12
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 206 Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    050801401032

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Jim Sullivan Realty (815) 947-9040 [email protected]

    Listing agent JAMES SULLIVAN (815) 947-9040 License #471000283

    Listing date Nov 26, 2025

    MLS# 202506705 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Building in Carroll

    This mixed-use property, formerly known as the Zoo, has undergone extensive remodeling. The building offers approximately 1750 square feet on each floor. The bar and back bar, along with an antique self-serve cooler, are still in place. All other equipment has been removed due to age. The property features a backyard area with a few trees. Located in the heart of historic downtown, the building could have many uses. An inside staircase leads to a renovated space where a one or possible two-bedroom apartment could be reinstated.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Carroll
    County
    Carroll
    State
    Illinois
    Longitude
    -89.980494457672
    Latitude
    42.101116

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled mixed-use building in historic downtown with bar and apartment.
    Where is this mixed-use property located?
    The property is located at 206 Market St Mount Carroll, IL.
    What is the asking price?
    The asking price for this property is $94,500.
    What are key features of this property?
    This property features: - Significantly Reduced Price: Attractive price per square foot (under $33) after extensive remodel.; - High-Potential Location: Situated in the heart of historic downtown, offering diverse usage possibilities.; - Large Building: Approximately 1750 sq. ft. per floor.
    (815) 947-9040
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    206 Market St Mount Carroll, IL 61053
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    Mount Carroll, IL 61053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 Market St Mount Carroll, IL 61053
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