Residential Income

Mount Carroll, IL Residential Income Properties for Sale

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Mt Carroll, IL Savanna, IL Lake Carroll, IL Thomson, IL Shannon, IL Sabula, IA Pearl City, IL Fulton, IL
Updated Triplex with Parking
Updated: Aug 6
Updated Triplex with Parking

607 S Jackson, Mount Carroll, IL 61053

$199,900
2,160 sqft
Three‑unit layout with two 2‑bedroom apartments and one 1‑bedroom efficiency unit
2160 square feet
New kitchen cabinets and newer appliances
New shingle roof
Separate electric meters for the units
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Mixed-Use Building with Apartments
Updated: Sep 3, 2025
Mixed-Use Building with Apartments

101 W Market Street, Mount Carroll, IL 61053

$192,000
7,768 sqft
7,768‑square‑foot mixed‑use building at 101 W Market Street
Four upstairs apartments: 2 two‑bedroom units and 2 one‑bedroom units
Main floor includes open retail area, restrooms, office, storage, and break room
Lower level features rear walkout storage and garage with alley access
Corner location at W. Market Street and N. Main Street near the Carroll County Courthouse
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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

101 W Market Street, Mount Carroll, IL 61053

$192,000
6,020 sqft 0.13 AC lot

Vacant commercial property combines an open retail floor with four upstairs residential units.

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Rehabilitated Triplex With Separate Meters
Rehabilitated Triplex With Separate Meters

607 S Jackson St, Mount Carroll, IL 61053

$199,900
2,160 sqft

Updated three-unit property with individually metered electricity and off-street parking.

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Historic Mixed-Use Property
Historic Mixed-Use Property

102 E Market Street, Mount Carroll, IL 61053

$319,000
6,638 sqft

Combines dedicated office improvements with five residential apartments and an unfinished basement area.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 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.

Duplex with River Views
Duplex with River Views

507 Pearl Street, Sabula, IA 52070

$229,000
1,998 sqft

Updated two-unit property in Sabula’s business district with open living areas and a river-facing enclosed porch.

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Two-Unit Duplex with Separate Utilities
Two-Unit Duplex with Separate Utilities

34 3rd St, Savanna, IL 61074

$75,900

Two independently configured units offer separate gas and electric service, private entrances, and distinct living spaces.

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Two-Level Duplex with River View
Two-Level Duplex with River View

112 Quincy, Savanna, IL 61074

$72,900
838 sqft

Income-producing duplex with separate upper- and main-level living areas, porches, sun deck, and off-street parking.

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Updated Duplex with River Views
Updated Duplex with River Views

507 PEARL Street, Sabula, IA 52070

Contact for pricing

Two apartments with open living areas and an enclosed insulated porch serving the upper residence.

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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.

Wooded Land in Lake Carroll
Wooded Land in Lake Carroll

20-31 & 32 Fox Run Drive, Lake Carroll, IL 61046

Contact for pricing
0.53 AC lot

0.53 acre wooded property in Lake Carroll, Illinois.

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Lake Carroll Home Building Lot
Lake Carroll Home Building Lot

18-2 Lake Carroll Boulevard, Lake Carroll, IL 61046

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1.12 AC lot

Ideal 1.12-acre lot near West Marina with recreational facilities.

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Wooded Lot with Lake Access
Wooded Lot with Lake Access

22-2 Lakewood Court, Lake Carroll, IL 61046

Contact for pricing
1.08 AC lot

Acre+ wooded lot with deeded boat slip near amenities.

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Lake Carroll Acreage for Sale
Lake Carroll Acreage for Sale

17-200R Lake Carroll Boulevard, Lake Carroll, IL 61046

Contact for pricing
1.16 AC lot

1.16-acre lot in Lake Carroll, near beach and marina.

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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.

Lincoln
MOBILE HOME PARK, TRAILER PARK

Lincoln, Mount Carroll, IL 61053

Estimated value:
$280,000
3.53 AC lot
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Black Oak Rd
MOBILE HOME PARK, TRAILER PARK

Black Oak Rd, Mount Carroll, IL 61053

Estimated value:
$240,000
8.79 AC lot
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8216 Black Oak Rd
MOBILE HOME PARK, TRAILER PARK

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

Estimated value:
$240,000
75.89 AC lot
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Mount Carroll, IL Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Mount Carroll, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 24,746 square feet of properties for sale, with an estimated market value of $1,102,800.

Sale prices for residential income properties in Mount Carroll, IL start at $192,000, averaging $220,560, and reaching up to $319,000 — 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

Multifamily properties 5
Triplexes 2
Apartment buildings 1
Quadplexes 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 $220.6K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carroll County

New Delisted

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