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Mount Carroll, IL

Multifamily

Mount Carroll, IL Multifamily Properties for Sale

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Mt Carroll, IL Lake Carroll, IL Savanna, IL Thomson, IL Sabula, IA Shannon, IL Pearl City, IL Stockton, IL

Downtown Mixed-Use Corner Building

Updated: Sep 3, 2025

Downtown Mixed-Use Corner Building

101 W Market Street, Mount Carroll, IL 61053

$214,000

7,768 sqft

1899‑built multi‑use building on a corner lot at W. Market St and N. Main St, kitty‑corner from the Carroll County Courthouse
Main floor offers a wide‑open retail space with remaining shelving, plus men’s and women’s restrooms and back office/storage/break room areas
Upstairs includes 4 apartments: two 2‑bedroom units and two 1‑bedroom units
Lower level features a walkout to the rear, large storage area, and sliding doors to a lower‑level garage with alley access
Property is currently vacant of tenants, providing full possession as of closing

Mixed-Use Corner Building

Updated: Sep 3, 2025

Mixed-Use Corner Building

101 W Market Street, Mount Carroll, IL 61053

$214,000

6,020 sqft 0.13 AC lot

Corner lot on W. Market St and N. Main St in downtown Mount Carroll, kitty corner from the Carroll County Courthouse
Main floor offers a wide‑open retail space with remaining rows of shelving, plus men’s and women’s restrooms and back office/storage/break room areas
Second floor includes four apartments: two 2‑bedroom units and two 1‑bedroom units
Lower level walk‑out with substantial storage and sliding doors to a lower level garage with alley access
Central air cooling; heating includes natural gas, forced air, electric heating, and baseboard

Mixed-Use Brick Office and Apartments

Mixed-Use Brick Office and Apartments

102 E Market Street, Mount Carroll, IL 61053

$399,000

6,638 sqft

Brick mixed-use building with soundproof office spaces and multiple renovated apartments, including a main-level unit with permit requirements.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Three-Unit Apartment House on Corner Lot

Three-Unit Apartment House on Corner Lot

111 N Main St, Mount Carroll, IL 61053

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Three-unit apartment near downtown Mt. Carroll with income potential.

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Mount Carroll, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Sale

Commercial Sale

309 Main Street, Savanna, IL 61074

$350,000

3,006 sqft

Short term rental properties · 3,006 SF

Separate-Utilities Duplex Income Property

Separate-Utilities Duplex Income Property

512-514 CHICAGO Avenue, Savanna, IL 61074

$102,000

2,870 sqft

Duplex with two three-bedroom units, each with enclosed porches, individual parking, and separate utilities.

Duplex on Corner Lot

Duplex on Corner Lot

1002 Oak Avenue S, Freeport, IL 61032

$120,000

Duplex with recent updates and tenant-paid utilities.

Commercial Income Property

Commercial Income Property

Freeport, IL 61032

$319,900

Includes a 1997-built commercial building with 12' ceilings plus storage and a quonset building, along with a triplex.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

University Park Developable Land

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

Buildable Residential Lot with Pines

Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000

2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

Off-Market Properties in Mount Carroll, IL

Consider similar Off-Market properties in Mount Carroll, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

Lincoln, Mount Carroll, IL 61053

Value Estimation by Request

3.53 AC lot

MOBILE HOME PARK, TRAILER PARK

Black Oak Rd, Mount Carroll, IL 61053

Value Estimation by Request

8.79 AC lot

8216 Black Oak Rd

MOBILE HOME PARK, TRAILER PARK

8216 Black Oak Rd, Mount Carroll, IL 61053-9268

Value Estimation by Request

75.89 AC lot

Mount Carroll, IL Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Mount Carroll, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 20,426 square feet of properties for sale, with an estimated market value of $827,000.

Sale prices for multifamily properties in Mount Carroll, IL start at $214,000, averaging $275,666, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2,902

Population Growth (5Y) +11.1%

Median Household Income $61,932

College Educated 31.5%

High-Yield Neighborhoods for Investment

Identify Mount Carroll submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61053	$275.7K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carroll County

New Delisted

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