Downtown Mixed-Use Corner
101 W Market Street Mount Carroll, IL 61053
For Sale
$214,000
MULTI_FAMILY - MOUNT CARROLL, IL
Property Size7,768 SF
Price / SF$27.55
Days on Market330
Property Features for 101 W Market Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Basement, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
Appliances
Dryer, Refrigerator, Stove/Cooktop, Oven, Washer
Standard status
Active
APN
050801401012
Size
7,768 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
Per title.
Tax Annual Amount
6035
Utilities
Heating system
Electric (Heating), Forced Air, Baseboard, Natural Gas
Cooling system
Central Air, Window Unit(s)
Building Details
Year built
1899
Floors in Building
2
Number of units
4
Roof type
Rubber
Listing Agency:
JIM SULLIVAN REALTY
(815) 947-9040
Listed By:
Brandon Beyer · License #471021761
(815) 275-3612
Added: Sep 3, 2025
Changed: Jun 18
Last Checked: Jul 29 at 7:06PM
MLS# 202505347
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.
Investment Insights
Based on property information with market context.
This downtown corner building offers a mix of commercial and residential space, with a main floor built around a wide open retail area and existing rows of shelving. The level also includes men’s and women’s restrooms, along with back office, storage, and a break room for staff. Upstairs, there are four apartments total, including two 2-bedroom units and two 1-bedroom units. The lower level includes a walkout to the rear, substantial storage space, and sliding doors to a lower level garage with alley access.
Located at 101 W Market Street in Mount Carroll on a corner lot of W. Market St and N. Main St, the building is described as kitty corner from the Carroll County Courthouse and positioned among the more visible downtown structures.
The property is currently vacant of all tenants, so a new owner receives full possession as of closing. With a combined retail level, multiple apartments, and lower-level storage and garage access, it may suit an owner-occupant or investor looking to activate multiple areas within one structure, potentially supporting up to five income sources under one roof.
Located at 101 W Market Street in Mount Carroll on a corner lot of W. Market St and N. Main St, the building is described as kitty corner from the Carroll County Courthouse and positioned among the more visible downtown structures.
The property is currently vacant of all tenants, so a new owner receives full possession as of closing. With a combined retail level, multiple apartments, and lower-level storage and garage access, it may suit an owner-occupant or investor looking to activate multiple areas within one structure, potentially supporting up to five income sources under one roof.
Key Highlights
- 1899‑built multi‑use building on a corner lot at W. Market St and N. Main St, kitty‑corner from the Carroll County Courthouse
- Main floor offers a wide‑open retail space with remaining shelving, plus men’s and women’s restrooms and back office/storage/break room areas
- Upstairs includes 4 apartments: two 2‑bedroom units and two 1‑bedroom units
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Corner mixed-use building combines main-floor retail with four upstairs apartments and a walkout lower level.
Where is this quadplex located?
The property is located at 101 W Market Street Mount Carroll, IL.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: 1899‑built multi‑use building on a corner lot at W. Market St and N. Main St, kitty‑corner from the Carroll County Courthouse; Main floor offers a wide‑open retail space with remaining shelving, plus men’s and women’s restrooms and back office/storage/break room areas; Upstairs includes 4 apartments: two 2‑bedroom units and two 1‑bedroom units