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Downtown Mixed-Use Corner Building

101 W Market Street Mount Carroll, IL 61053

101 W Market Street, Mount Carroll, IL, 61053

$214,000

For Sale

$214,000

MULTI_FAMILY - MOUNT CARROLL, IL

Property Size7,768 SF

Price / SF$27.55

AddedSep 3, 2025

Days on Market317

Last RefreshJul 16 at 8:06 am

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 agent Brandon Beyer License #471021761

Listing office JIM SULLIVAN REALTY 725 N Pearl St., Stockton, IL

Listing date Sep 3, 2025

MLS# 202505347 Listing URL

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.

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 by Public Records

Quadplexes

Suggested Use

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For sale
Quadplexes
IL
Mount Carroll
61053
101 W Market Street

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