Residential Income

Mount Carroll, IL Residential Income Properties for Sale

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Mt Carroll, IL Lake Carroll, IL Savanna, IL
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 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 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.

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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.

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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.

Income-Producing Triplex with Recent Upgrades
Income-Producing Triplex with Recent Upgrades

431 6th Ave S, Clinton, IA 52732

$139,000
2,700 sqft

Triplex with long-term tenants, recent upgrades, and strong cash flow.

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Three-Unit Apartment Building For Sale
Three-Unit Apartment Building For Sale

800 6th Ave S, Clinton, IA 52732

$119,900
2,494 sqft

Three-unit apartment building available for purchase.

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SureStay by Best Western in Thomson, IL
SureStay by Best Western in Thomson, IL

5020 Illinois 84, Thomson, IL 61285

$1,800,000
24,336 sqft

SureStay by Best Western and Sand Burr Run Golf & Resort in Thomson, IL

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Mixed-Use Property in Thomson, IL
Mixed-Use Property in Thomson, IL

823 W Main Street, Thomson, IL 61285

$227,900
4,736 sqft

Mixed-use property with residential units and commercial space for sale.

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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

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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

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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

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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

Value Estimation by Request
3.53 AC lot
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Black Oak Rd
MOBILE HOME PARK, TRAILER PARK

Black Oak Rd, Mount Carroll, IL 61053

Value Estimation by Request
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

Value Estimation by Request
75.89 AC lot
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Mount Carroll, IL Residential Income Properties Market Trends and Statistics

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 20,426 square feet of properties for sale, with an estimated market value of $827,000.

Sale prices for residential income 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

Multifamily properties 4
Quadplexes 2
Apartment buildings 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 $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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