Back to Search

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

COMMERCIAL - MOUNT CARROLL, IL

Property Size6,020 SF

Lot Size0.13 Acres

Price / SF$35.55

AddedSep 3, 2025

Days on Market317

Last RefreshJul 16 at 2:06 am

Property Features for 101 W Market Street

General Information

Property type: Commercial Sale
Property subtype: Retail
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: Natural Gas, Baseboard, Forced Air, Electric (Heating)
Cooling system: Central Air

Building Details

Year built: 1899
Flooring type: Carpet, Laminate
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# 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 mixed-use corner building at the intersection of W. Market St and N. Main St offers income and flexibility under one roof. The main floor features a wide open retail area with rows of shelving remaining in place, along with men’s and women’s restrooms and back office, storage, and break room spaces. The lower-level layout includes a walkout to the rear, substantial storage, and sliding doors leading to a lower-level garage with alley access.

Upstairs, the building contains four apartments total, including two 2-bedroom units and two 1-bedroom units. The property sits in the heart of downtown Mount Carroll and is described as being kitty corner from the Carroll County Courthouse, with visibility in the downtown area.

The building is currently vacant of all tenants, so the new owner receives full possession as of closing. The existing configuration supports multiple operating options, whether you plan to lease the retail and apartments or reposition the main floor for an office or small business use. With dedicated living units above and substantial storage and garage access below, it offers a practical setup for an owner-operator or an investor seeking a multi-unit, mixed-use property.

Key Highlights

Corner lot on W. Market St and N. Main St in downtown Mount Carroll, kitty corner from the Carroll County Courthouse
Main floor offers a wide‑open retail space with remaining rows of shelving, plus men’s and women’s restrooms and back office/storage/break room areas
Second floor includes four apartments: two 2‑bedroom units and two 1‑bedroom units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Similar For Sale Nearby

$600,000

14,452 SF

Established Commercial Property in Mount Carroll

Well-established commercial property with immense potential in a great location.

207 E Broadway Street, MOUNT CARROLL, IL 61053

View Details
$500,000

14,452 SF

Commercial Building in Mount Carroll

Established commercial property with recent renovations and immense potential.

207 E Broadway Street, MOUNT CARROLL, IL 61053

View Details
$214,000

7,768 SF

Downtown Mixed-Use Corner Building

Corner mixed-use building combines main-floor retail with four upstairs apartments and a walkout lower level.

101 W Market Street, MOUNT CARROLL, IL 61053

View Details
$399,000

6,638 SF

Mixed-Use Brick Office and Apartments

Brick mixed-use building with soundproof office spaces and multiple renovated apartments, including a main-level unit with permit requirements.

102 E Market Street, MOUNT CARROLL, IL 61053

View Details
Contact for pricing

Three-Unit Apartment House on Corner Lot

Three-unit apartment near downtown Mt. Carroll with income potential.

111 N Main St, Mount Carroll, IL 61053

View Details

For sale
Storefront properties
IL
Mount Carroll
61053
101 W Market Street

What type of property is this?

Storefront property - Downtown corner building with open retail space plus four upstairs apartments and a walkout lower level for storage.

Where is this storefront 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 $214,000.

What are key features of this property?

This property features: Corner lot on W. Market St and N. Main St in downtown Mount Carroll, kitty corner from the Carroll County Courthouse; Main floor offers a wide‑open retail space with remaining rows of shelving, plus men’s and women’s restrooms and back office/storage/break room areas; Second floor includes four apartments: two 2‑bedroom units and two 1‑bedroom units