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Downtown Mixed-Use Building with Apartments

101 West Market Street Mount Carroll, IL 61053

101 West Market Street, Mount Carroll, IL, 61053
$265,500
For Sale
$265,500

Corner building includes open retail space on the main level and four upstairs apartments.

Property Size7,768 SF
Price / SF$34.18
Days on Market325

Property Features for 101 West Market Street

General Information

Standard status
Active
Size
7,768 SF
Property subtype
Multi Family / 3 - 4 Units

Building Details

Year Built
1899
Listing agency JIM SULLIVAN REALTY
Listed by BRANDON C BEYER · License #471021761
Source Compass
Added: Sep 1, 2025 Updated: Jul 21 at 7:35PM Checked: Jul 21 at 7:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JIM SULLIVAN REALTY


Investment Insights

Based on property information with market context.

Located on a corner lot at W. Market St and N. Main St in downtown Mount Carroll, this multi-use building is also situated kitty corner from the Carroll County Courthouse. 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 additional back office, storage, and break room space.

Upstairs, there are four apartments in total: two 2-bedroom units and two 1-bedroom units. The lower level includes a walk-out to the rear of the building, providing substantial room for storage, plus sliding doors to a lower level garage with alley access.

The property is currently vacant of all tenants, so the new owner receives full possession as of closing and can fill the units on their own.

Key Highlights

  • Corner building on W. Market St and N. Main St, kitty corner from the Carroll County Courthouse
  • Main level offers a wide open retail space plus men’s and women’s restrooms, back office, storage, and break room areas
  • Upstairs includes 4 apartments total: (2) 2‑bedroom units and (2) 1‑bedroom units

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office HVAC Service Electrical Service Building Supply Plumbing Service Auto Parts Store Hair Salon Pharmacy Kitchen & Bath Showroom Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Corner building includes open retail space on the main level and four upstairs apartments.
Where is this quadplex located?
The property is located at 101 West Market Street Mount Carroll, IL.
What is the asking price?
The asking price for this property is $265,500.
What are key features of this property?
This property features: Corner building on W. Market St and N. Main St, kitty corner from the Carroll County Courthouse; Main level offers a wide open retail space plus men’s and women’s restrooms, back office, storage, and break room areas; Upstairs includes 4 apartments total: (2) 2‑bedroom units and (2) 1‑bedroom units
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