Quadplex

Mount Carroll, IL Quadplexes for Sale

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Mt Carroll, IL Lanark, IL Savanna, IL Thomson, IL Sabula, IA Pearl City, IL Shannon, 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
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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
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Downtown Mixed-Use Building with Apartments
Downtown Mixed-Use Building with Apartments

101 West Market Street, Mount Carroll, IL 61053

$265,500
7,768 sqft

Corner building includes open retail space on the main level and four upstairs apartments.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mount Carroll, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Handyman Special Fourplex
Handyman Special Fourplex

464 W 3rd St, Dubuque, IA 52001

$260,000
3,120 sqft

Fourplex offered for sale and marketed as a handyman special, with described renovation potential.

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Four-Unit Residential Apartment Building
Four-Unit Residential Apartment Building

904 17th Avenue, Rockford, IL 61104

$230,000
5,880 sqft

Corner four-unit residential building with a fenced yard and two-car garage; all units are currently occupied.

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Income-Producing Four-Unit Multifamily Property
Income-Producing Four-Unit Multifamily Property

1235 South Court Street, Rockford, IL 61102

$229,900
3,744 sqft

Four units, each with two bedrooms and one bathroom.

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Four-Plex Residential Income Property
Four-Plex Residential Income Property

697 Caledonia Place, Dubuque, IA 52001

Contact for pricing

Four units feature 2 bedrooms, 1 bath, in-unit laundry hookups, and updated appliances.

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Mount Carroll, IL Quadplexes Market Trends and Statistics

Explore 3 quadplexes for sale in Mount Carroll, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,556 square feet of properties for sale, with an estimated market value of $693,500.

Sale prices for four-unit buildings in Mount Carroll, IL start at $214,000, averaging $231,166, and reaching up to $265,500 — 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

Quadplexes 3
Apartment buildings 1
Duplexes 1
Triplexes 1

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 $214K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carroll County

New Delisted

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