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Property profile & analytics

206 Main St Mount Carroll, IL 61053-1022

  • Commercial real estate
  • 0.22 lot acres
OFF-MARKET
Value Estimation
$285,000
Location Intelligence
Property ID
US28-4177772
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 206 Main St

Lot size
0.22 lot acres
Property type
Commercial real estate
APN
05-08-01-401-074
APU
50801401074

Description

This exceptional investment opportunity presents a fully operational, 17,990 square-foot entertainment center located at 206 N Main St, Mount Carroll, IL 61053. Priced at $300,000 ($16.68/sq ft), this two-story building boasts an eight-lane bowling alley featuring top-of-the-line synthetic wood lanes and A2 Brunswick refurbished pinsetters. All bowling equipment, including auto bumpers, black lights, and cosmic bowling capabilities, is included. A fully equipped commercial kitchen, complete with a prep area, new prep table, new refrigerator, and two pizza ovens (one convection), is ready for immediate use. The facility also includes a bar with four half-barrel taps and a walk-in cooler. A sizable basement (approximately 100x65 feet) is currently set up for laser tag, though it requires new software. Additional revenue streams are possible through advertising on in-house TV screens and above the bowling pins. The building features two separate basement staircases, 12-inch centered basement rafters, and is handicap accessible. Restrooms are located both upstairs and in the basement. A new water heater was installed in 2023. The property sits on a 9,735 square-foot lot and is zoned R2. This turnkey business offers immediate income potential and significant upside for a savvy investor. The building's history includes previous uses as an auto sales facility with a garage in the basement, and a movie theater, adding to its unique character and potential for future development. Arcade games are not included in the sale.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $300,000
    6.5%
    $295,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $325,000
    Geo Method
    $315,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $350,000
    Retail
    $355,000
    Mixed-Use
    $280,000
    Hospitality
    $295,000
    Educational
    $305,000
    Residential Income
    $265,000
    Energy
    $355,000
    Income-Based Land
    $315,000
    Food Service
    $300,000

Location Insight

  • Map
  • Local Demand
City
Mount Carroll
County
Carroll
State
Illinois
Longitude
-89.9792
Latitude
42.1001

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,869
$2,674
$23,948
$26,622
-
$8,030
$71,916
$79,946
More about this property
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