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    Mount Carroll, IL Residential Income Properties for Sale

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    Mt Carroll, IL Lake Carroll, IL Thomson, IL
    Mixed-Use Building in Historic District
    $450,000
    3,319 SF

    Mixed-Use Building in Historic District

    102 E Market, Mount Carroll, IL 61053

    Impressive mixed-use property with commercial and residential opportunities in Illinois.

    • Prime location in the heart of Mt. Carroll's Historic District, offering a unique commercial/residential blend.
    • Four renovated second‑floor apartments (2014) feature modern amenities and separate utilities, great for immediate rental income.
    • Main floor apartment (added 2018) with modern updates, appliances, and separate HVAC system.
    • Versatile basement with 800+ sq. ft. of unfinished space, offering potential for additional commercial or residential unit.
    • Commercial office space boasts soundproof offices, reception area, conference space, and vault.
    Updated: May 8, 2025
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    Multi-Use Investment Property in Downtown
    $238,950

    Multi-Use Investment Property in Downtown

    101 W Market, Mount Carroll, IL 61053

    Downtown Mount Carroll multi-use property with retail and apartments.

    • Prime downtown location on a highly visible corner lot near the courthouse.
    • Multi‑use investment property with potential for 5 income streams.
    • Includes a large, versatile main floor retail/office space.
    • Features 4 apartments: (2) 2‑bedroom and (2) 1‑bedroom units.
    • Vacant and ready for immediate occupancy and tenant placement.
    Updated: Sep 3, 2025
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    $450,000

    Historic Mixed-Use Investment Opportunity

    Impressive mixed-use property in Mt. Carroll's downtown Historic District.

    102 E Market, Mount Carroll, IL 61053
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    $238,950

    Downtown Mount Carroll Investment Opportunity

    Multi-use property in downtown Mount Carroll with retail and apartments.

    101 W Market, Mount Carroll, IL 61053
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 4 Active listings in Mount Carroll, IL, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads

    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

    Lincoln

    MOBILE HOME PARK, TRAILER PARK • 3.53 Acres
    Value Estimation by Request
    Lincoln, Mount Carroll, IL 61053
    View details
    Black Oak Rd

    Black Oak Rd

    MOBILE HOME PARK, TRAILER PARK • 8.79 Acres
    Value Estimation by Request
    Black Oak Rd, Mount Carroll, IL 61053
    View details
    8216 Black Oak Rd

    8216 Black Oak Rd

    MOBILE HOME PARK, TRAILER PARK • 75.89 Acres
    Value Estimation by Request
    8216 Black Oak Rd, Mount Carroll, IL 61053-9268
    View details

    Mount Carroll, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income properties for sale in Mount Carroll, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,319 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for residential income properties in Mount Carroll, IL start at $450,000, averaging $450,000, and reaching up to $450,000 — 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

    Multifamily properties 4
    Apartment buildings 3
    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 Strategic Investment

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

    Neighborhood Average Price
    61053 $344.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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