Downtown Multi-Use Investment
101 W Market Street, Mount Carroll, IL 61053
- Added:
- Sep 3, 2025
- Days on Market:
- 271
- Last Refresh:
- May 31 at 9:06 pm
Property Features for 101 W Market Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 5, Bedroom 4
- 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
- Baseboard, Forced Air, Electric (Heating), Natural Gas
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1899
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Rubber
Listing agent Brandon Beyer License #471021761 (815) 275-3612
Listing office JIM SULLIVAN REALTY 725 N Pearl St., Stockton, IL (815) 947-9040
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.
HighLights
- Prime downtown location on a highly visible corner lot, near the Carroll County Courthouse.
- Potential for 5 income streams from a mix of retail space and 4 apartments (2 x 2‑bedroom, 2 x 1‑bedroom).
- Vacant building allows for immediate full possession and the ability to select tenants.
- Versatile main floor retail space suitable for retail, office, or small business use.
- Lower level with walk‑out access, ample storage, and a garage with alley access.
- Includes appliances: Dryer, Refrigerator, Stove/Cooktop, Oven, and Washer.
Overview
Located in the heart of downtown Mount Carroll, this multi-use investment property sits on the corner of W. Market St and N. Main St, near the Carroll County Courthouse. The building offers high visibility in the downtown area. The main floor features an open retail space with shelving, men's and women's restrooms, a back office, storage, and a break room. The retail space could also be used for office space or a small business. The upper level includes four apartments: two 2-bedroom units and two 1-bedroom units. The lower level has a walk-out to the rear of the building, storage space, and sliding doors to a lower-level garage with alley access. The building is currently vacant, offering the new owner the ability to fill the units. This property offers the potential for five income sources under one roof. The property size is 7768 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Mount Carroll
- County
- Carroll
- State
- Illinois
- Longitude
- -89.979079
- Latitude
- 42.101568
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Multi-use property in downtown Mount Carroll with retail and apartments.
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 $238,950.
What are key features of this property?
This property features: Prime downtown location on a highly visible corner lot, near the Carroll County Courthouse.; Potential for 5 income streams from a mix of retail space and 4 apartments (2 x 2‑bedroom, 2 x 1‑bedroom).; Vacant building allows for immediate full possession and the ability to select tenants.
