Downtown Mount Carroll Investment
101 W Market Street, Mount Carroll, IL 61053
COMMERCIAL - MOUNT CARROLL, IL
Type:Retail
Property size:
6,020 SFLot size:
0.13 AcresPrice / SF:
$39/SF- 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
- 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, Electric (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1899
- Flooring type
- Carpet, Laminate
- 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# 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.
HighLights
- Prime downtown location on a corner lot, offering high visibility and accessibility.
- Multi‑use investment property with potential for 5 income streams.
- Large, versatile main floor space suitable for retail, office, or small business.
- Features four apartments: two 2‑bedroom and two 1‑bedroom units.
- Vacant and ready for immediate occupancy, allowing the new owner to set rental rates.
- Lower level with walk‑out access, ample storage, and a garage with alley access.
Overview
This multi-use investment property is located in the heart of downtown Mount Carroll, Illinois, on the corner of W. Market St and N. Main St, diagonally across from the Carroll County Courthouse. The building offers high visibility in the downtown area. The main floor features a wide-open retail space with shelving, men's and women's restrooms, a back office, storage, and a break room. This space could be used for retail, office space, or a small business. The property includes four apartments upstairs: 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 immediate possession and the ability to fill the units. The property, situated on a 0.13-acre lot, has a building size of 6,020 square feet. This real estate investment has the potential for five income sources under one roof in a downtown location.
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 income potential.
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 corner lot, offering high visibility and accessibility.; Multi‑use investment property with potential for 5 income streams.; Large, versatile main floor space suitable for retail, office, or small business.
