Mixed-Use Building with
For Sale
$192,000
101 W Market Street, Mount Carroll, IL 61053
COMMERCIAL/INDUSTRIAL, MOUNT CARROLL, IL
Property Size6,020 SF
Lot Size0.13 Acres
Price / SF$31.89
Days on Market379
Property Features for 101 W Market Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Elementary school district
West Carroll
Middle school district
West Carroll
High school district
West Carroll
Standard status
Active
APN
050801401012
Size
6,020 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6035
Utilities
Heating system
Forced Air, Baseboard, Natural Gas, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1899
Flooring type
Laminate, Carpet
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: Sep 15
Last Checked: Sep 16 at 5:06AM
MLS# 202505346
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 6,020-square-foot mixed-use building, constructed in 1899, combines a broad main-level retail area with four apartments above. The commercial floor includes existing shelving, men’s and women’s restrooms, a back office, storage, and a staff break room. The residential component consists of two 2-bedroom apartments and two 1-bedroom apartments. Carpet and laminate flooring are present, with central air and a mix of natural gas, forced-air, baseboard, and electric heating.
The property occupies a 0.13-acre corner parcel at 101 W Market Street in Mount Carroll, at W. Market St and N. Main St and kitty-corner from the Carroll County Courthouse. The lower level provides additional storage, a rear walk-out, and a garage with sliding doors and alley access. The building is currently vacant, allowing possession at closing.
The property occupies a 0.13-acre corner parcel at 101 W Market Street in Mount Carroll, at W. Market St and N. Main St and kitty-corner from the Carroll County Courthouse. The lower level provides additional storage, a rear walk-out, and a garage with sliding doors and alley access. The building is currently vacant, allowing possession at closing.
Key Highlights
- 6,020‑square‑foot mixed‑use building on a 0.13‑acre parcel
- Four upstairs apartments: two 2‑bedroom units and two 1‑bedroom units
- Main‑level open retail area with shelving, offices, storage, and staff break room
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 61053, IL
2,542
Population
1,399
Households
1.8
Avg Household Size
51
Median Age
25%
College-Educated
91%
High-School Grad
107.7 sq mi
ZIP Area
24
Density / Sq Mi
$61,932
Median Household Income
$36,034
Median Earnings
$763
Median Rent
$105,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant commercial property combines an open retail floor with four upstairs residential units.
Where is this mixed-use property 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 $192,000.
What are key features of this property?
This property features: 6,020‑square‑foot mixed‑use building on a 0.13‑acre parcel; Four upstairs apartments: two 2‑bedroom units and two 1‑bedroom units; Main‑level open retail area with shelving, offices, storage, and staff break room
