102 E Market Street Mount Carroll, IL 61053
MULTI_FAMILY - MOUNT CARROLL, IL
Property Features for 102 E Market Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 2, Basement, Bathroom 1, Bedroom 3
- Parking
- 3
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
- Standard status
- Active
- APN
- 050801401014
- Size
- 6,638 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PT LOT 12 46X15 LOTS 1 & 2 BLK 3 OT
- Tax Annual Amount
- 4378
Utilities
- Heating system
- Natural Gas, Electric (Heating), Forced Air
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1870
- Floors in Building
- 2
- Number of units
- 6
Listing agent Amy Barnes License #471001588 (815) 238-8360
Listing office BARNES REALTY, INC. 110 W Carroll Street, Lanark, IL (815) 493-2323
Listing date May 8, 2025
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.
The property anchors the heart of Mt. Carroll’s downtown Historic District at 102 E Market Street. The upper-level residences were renovated in 2014 and include four apartments with separate electric services, updated plumbing and electrical, four electric furnaces, rooftop central air units, custom cabinetry with granite countertops, Pella windows with Levolor blinds, and updated kitchens and baths. A shared laundry facility serves three units, and one two-bedroom unit includes its own in-unit washer and dryer and a dishwasher. A coded security door serves the second-floor apartments, and there is a rear fire escape.
The basement includes an east-half area with a vault and half bathroom with a rear (north) alley entrance, and an estimated 800+ square feet of unfinished space on the west side with multiple entrances ready for conversion into additional commercial space or a residential unit. Bituminous roofing was installed in 2014, and the water heater was new in 2024. The property is subject to current leases, and deed restrictions, a party wall agreement, and a utility easement apply. Elevator requirements, special-use permitting for the main-level apartment, and showings with a signed confidentiality agreement and buyer lender pre-approval should be planned for in advance.
Key Highlights
- Historic brick cornerstone mixed‑use building anchored in Mt. Carroll’s downtown Historic District; originally built in 1870
- Commercial office space with 2 glass‑enclosed soundproof offices, granite/cherry reception area, conference space, and vault; includes a 3‑floor Elevette elevator (disabled)
- Main floor apartment added in 2018 with 2 bedrooms and a full bath; gas forced‑air furnace, central air, updated flooring/plumbing, custom kitchen, and all appliances
