Historic Mixed-Use Building For
102 E Market Street, Mount Carroll, IL 61053
- Added:
- May 8, 2025
- Days on Market:
- 389
- Last Refresh:
- May 31 at 9:06 pm
Property Features for 102 E Market Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Basement, Bathroom 5, Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 5
- 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
- Electric (Heating), Natural Gas, 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
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.
HighLights
- Multi‑use building in the heart of Mt. Carroll's Historic District offering commercial and residential opportunities.
- Four renovated second‑floor apartments feature new plumbing, electrical, custom kitchens, granite countertops, appliances, and Pella windows (renovated in 2014).
- Main floor apartment added in 2018 with modern amenities, including updated flooring, custom kitchen, and appliances.
- Basement with 800+ sq. ft. of unfinished space, multiple entrances, ready for conversion.
- Commercial office space with glass‑enclosed offices, reception area, conference space, and vault.
- Newer bituminous roof (2014) and water heater (2024).
Overview
Located in the heart of Mt. Carroll's Historic District, this brick building offers commercial and residential opportunities. Formerly the Mt. Carroll National Bank, the property features commercial office space with two glass-enclosed, soundproof offices, a granite and cherry reception area, a conference space, and a vault. A 1960's Elevette three-floor elevator is currently disabled and must be reactivated/recertified or removed. The main floor units have separate heating and cooling systems, sharing natural gas and electric services. 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, a custom kitchen, two bedrooms, and a full bath. A special use permit is required for the main level apartment. The second floor, renovated in 2014, contains four modern apartments with new plumbing and electrical systems, four electric furnaces, four separate 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 and 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 has a coded security door to the second-floor apartments, a rear fire escape, two entrances on the west side of the building off Main Street, and a handicap-accessible alley entrance on the north side. The property is subject to current leases, deed restrictions, and a party wall agreement and utility easement. The property size is 6638 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Mount Carroll
- County
- Carroll
- State
- Illinois
- Longitude
- -89.978663
- Latitude
- 42.10154
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Multi-use building with commercial and residential opportunities in Mt. Carroll.
Where is this mixed-use property located?
The property is located at 102 E Market Street 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: Multi‑use building in the heart of Mt. Carroll's Historic District offering commercial and residential opportunities.; Four renovated second‑floor apartments feature new plumbing, electrical, custom kitchens, granite countertops, appliances, and Pella windows (renovated in 2014).; Main floor apartment added in 2018 with modern amenities, including updated flooring, custom kitchen, and appliances.
