Mixed-Use Building with Four
For Sale
$192,000
101 W Market Street, Mount Carroll, IL 61053
COMMERCIAL - MOUNT CARROLL, IL
Property Size6,020 SF
Lot Size0.13 Acres
Price / SF$31.89
Days on Market362
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, Natural Gas, Electric (Heating), Baseboard
Cooling system
Central Air
Building Details
Year built
1899
Flooring type
Carpet, Laminate
Roof type
Rubber
Listing Agency:
JIM SULLIVAN REALTY
(815) 947-9040
Listed By:
Brandon Beyer · License #475187823
(815) 275-3612
Added: Sep 3, 2025
Changed: Aug 18
Last Checked: Aug 30 at 11:06AM
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 brings commercial and residential components together on a 0.13-acre corner parcel. The main level offers an open retail area with existing shelving, men’s and women’s restrooms, back-office space, storage, and a staff break room. Four apartments occupy the upper floor, including two two-bedroom units and two one-bedroom units. A lower level provides additional storage, rear walk-out access, and a garage with sliding-door access from the alley.
The property stands at 101 W Market Street at the corner of W. Market St and N. Main St in downtown Mount Carroll, across from the Carroll County Courthouse. It is currently vacant, allowing the next owner to take possession at closing. Construction dates to 1899, with laminate and carpet flooring, central air, natural gas and electric heating systems, baseboard heat, forced air, and a rubber roof.
The property stands at 101 W Market Street at the corner of W. Market St and N. Main St in downtown Mount Carroll, across from the Carroll County Courthouse. It is currently vacant, allowing the next owner to take possession at closing. Construction dates to 1899, with laminate and carpet flooring, central air, natural gas and electric heating systems, baseboard heat, forced air, and a rubber roof.
Key Highlights
- 6,020 SF mixed‑use building on a 0.13‑acre corner parcel
- Main‑floor open retail area with shelving, restrooms, office, storage, and break room
- Four upstairs apartments: two 2‑bedroom units and two 1‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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 - Corner property combines open main-floor commercial space with four upstairs 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 $192,000.
What are key features of this property?
This property features: 6,020 SF mixed‑use building on a 0.13‑acre corner parcel; Main‑floor open retail area with shelving, restrooms, office, storage, and break room; Four upstairs apartments: two 2‑bedroom units and two 1‑bedroom units
