Mixed-Use Building with 4
For Sale
$192,000
101 W Market Street, Mount Carroll, IL 61053
MULTI_FAMILY - MOUNT CARROLL, IL
Property Size7,768 SF
Price / SF$24.72
Days on Market365
Property Features for 101 W Market Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bedroom 6, Bathroom 2, Bathroom 4, Basement, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3
Appliances
Dryer, Refrigerator, Stove/Cooktop, Oven, Washer
Elementary school
West Carroll
Middle school
West Carroll
High school
West Carroll
Elementary school district
West Carroll
Middle school district
West Carroll
High school district
West Carroll
Subdivision
Carroll County
Standard status
Active
APN
050801401012
Size
7,768 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
Per title.
Tax Annual Amount
6035
Legal Description
Per title.
Utilities
Heating system
Natural Gas, Baseboard, Electric (Heating), Forced Air
Cooling system
Window Unit(s), Central Air
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: Aug 18
Last Checked: Sep 2 at 7:06AM
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.
Built in 1899, this 7,768-square-foot mixed-use building combines commercial space with four residential apartments. The main level offers an open retail layout with existing shelving, men’s and women’s restrooms, a rear office, storage, and a staff break area. The upper floor contains two two-bedroom apartments and two one-bedroom apartments.
A walk-out lower level provides additional storage and connects to a garage through sliding doors. The garage has alley access. The property occupies the corner of W. Market St and N. Main St in downtown Mount Carroll, across from the Carroll County Courthouse. All tenant spaces are currently vacant, providing possession at closing.
A walk-out lower level provides additional storage and connects to a garage through sliding doors. The garage has alley access. The property occupies the corner of W. Market St and N. Main St in downtown Mount Carroll, across from the Carroll County Courthouse. All tenant spaces are currently vacant, providing possession at closing.
Key Highlights
- 7,768 SF mixed‑use building constructed in 1899
- Four apartments: two 2‑bedroom units and two 1‑bedroom units
- Open main‑floor retail area with shelving, restrooms, office, storage, and break room
Property Analytics
Property Profile
Current Use
Lease Details
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail-oriented main floor combines with four upstairs apartments and a lower-level garage with alley access.
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: 7,768 SF mixed‑use building constructed in 1899; Four apartments: two 2‑bedroom units and two 1‑bedroom units; Open main‑floor retail area with shelving, restrooms, office, storage, and break room
