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    102 E Market Mount Carroll, IL 61053

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    For Sale
    $450,000

    5+ Units - MOUNT CARROLL, IL

    Property size:
    3,319 SF
    Price / SF:
    $135/SF
    Added:
    May 8, 2025
    Days on Market:
    358
    Last Refresh:
    Apr 30 at 3:06 am

    Property Features for 102 E Market

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    3
    Interior features
    Elevator, Laundry In Building
    Accessibility
    Accessible Elevator Installed
    Appliances
    Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    050801401014
    Size
    3,319 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4378

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Building materials
    Brick, Stone
    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    Amy Barnes
    Amy Barnes

    Listing agent Amy Barnes License #471001588

    Listing office BARNES REALTY, INC. 110 W Carroll Street, Lanark, IL

    Listing date May 8, 2025

    MLS# 202502324 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.


    Overview

    Mixed-Use Building in Historic District

    Located in the heart of Mt. Carroll’s downtown Historic District, this brick building offers a mix of commercial and residential spaces. Formerly a bank, the property includes commercial office space featuring two glass-enclosed, soundproof offices, a granite and cherry reception area, a conference space, and a vault. A main floor apartment, added in 2018, includes an electric fireplace, modern plumbing, appliances, updated flooring, a gas forced-air furnace, central air, some new windows, two bedrooms, a custom kitchen, and a full bath. The upper level, renovated in 2014, contains four modern apartments with new plumbing and electrical systems, electric furnaces, rooftop central air units, custom kitchen cabinetry with granite countertops, appliances, Pella windows with Levolor blinds, and updated flooring and baths. A shared laundry facility serves three units, while the two-bedroom apartment has its own in-unit washer and dryer as well as a dishwasher. The east half of the basement includes a vault and half bathroom with a rear alley entrance. The west side of the basement offers approximately 800+ sq. ft. of unfinished space with multiple entrances, suitable for conversion into additional commercial or residential space. The building has a bituminous roof installed in 2014, and a new water heater installed in 2024. The property is approximately 3319 square feet. Deed restrictions, a party wall agreement, and a utility easement apply, and the property is subject to current leases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Carroll
    County
    Carroll
    State
    Illinois
    Longitude
    -89.978913
    Latitude
    42.101274

    FAQs

    What type of property is this?
    Mixed-use property - Impressive mixed-use property with commercial and residential opportunities in Illinois.
    Where is this mixed-use property located?
    The property is located at 102 E Market Mount Carroll, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime location in the heart of Mt. Carroll's Historic District, offering a unique commercial/residential blend.; Four renovated second‑floor apartments (2014) feature modern amenities and separate utilities, great for immediate rental income.; Main floor apartment (added 2018) with modern updates, appliances, and separate HVAC system.
    More about this property
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