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    300 South Main St Mt Carroll, IL 61053

    For Sale
    $250,000

    Commercial Sale, Other - Mt. Carroll, IL

    Days on Market:
    24
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 300 South Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1910
    Architectural style
    Other

    NextHome, Inc

    Listing agent Kimberly Taylor (815) 232-4433 License #471013351,PersonLicenseNumber

    Listing date Nov 12, 2025

    MLS# 12507013 Listing URL

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

    Overview

    Former School Building on Large Lot

    This commercial property, formerly a school that last operated in May 2005, is situated on over 3.5 acres. The property offers many possible uses. Buyers are responsible for verifying all information and zoning regulations. Access to the property requires confirmed permission.
    Location Intelligence

    Current Use by Public Records

    Schools

    Map

    City
    Mt Carroll
    County
    State
    Illinois
    Longitude
    -89.9796329
    Latitude
    42.095248

    FAQs

    What type of property is this?
    School - Large building, former school, with potential for various uses.
    Where is this school located?
    The property is located at 300 South Main St Mt Carroll, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Over 3.5 acres of land; - Many possible uses (buyer to verify zoning); - Huge building
    (815) 232-4433
    Request Owner's contact information
    300 South Main St Mt Carroll, IL 61053
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    300 South Main St
    Mt 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
    300 South Main St Mt Carroll, IL 61053
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