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Mount Carroll, IL

Residential Income

Mount Carroll, IL Residential Income Properties for Sale

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Mt Carroll, IL Lanark, IL Savanna, IL Thomson, IL Sabula, IA Pearl City, IL Shannon, IL Fulton, IL

Rehabilitated Triplex with Parking

Updated: Aug 6

Rehabilitated Triplex with Parking

607 S Jackson, Mount Carroll, IL 61053

$199,900

2,160 sqft

2,160‑square‑foot triplex with two two‑bedroom units and one one‑bedroom efficiency apartment
Updated interiors include new kitchen cabinets, newer appliances, fresh paint, and select flooring replacement
New shingle roof
Separate electric meters for each unit
Off‑street parking

Mixed-Use Building with Four Apartments

Updated: Sep 3, 2025

Mixed-Use Building with Four Apartments

101 W Market Street, Mount Carroll, IL 61053

$192,000

6,020 sqft 0.13 AC lot

6,020 SF mixed‑use building on a 0.13‑acre corner parcel
Main‑floor open retail area with shelving, restrooms, office, storage, and break room
Four upstairs apartments: two 2‑bedroom units and two 1‑bedroom units
Lower‑level storage with rear walk‑out and garage access from the alley
Located at 101 W Market Street at W. Market St and N. Main St

Mixed-Use Building with 4 Apartments

Mixed-Use Building with 4 Apartments

101 W Market Street, Mount Carroll, IL 61053

$192,000

7,768 sqft

Retail-oriented main floor combines with four upstairs apartments and a lower-level garage with alley access.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Three-Unit Apartment House on Corner Lot

Three-Unit Apartment House on Corner Lot

111 N Main St, Mount Carroll, IL 61053

Contact for pricing

Three-unit apartment near downtown Mt. Carroll with income potential.

Mixed-Use Apartment Building with Office Space

Mixed-Use Apartment Building with Office Space

102 E Market Street, Mount Carroll, IL 61053

$399,000

6,638 sqft

Brick apartment building offers commercial office space plus multiple residences, with a main-level unit added in 2018 under permit.

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 Finished Lower Level

Duplex With Finished Lower Level

411 E Sycamore St, Elizabeth, IL 61028

$269,900

3,024 sqft

Two-unit property with private laundry, patios, off-street parking, and flexible finished and unfinished lower-level space.

Duplex with Private Patios

Duplex with Private Patios

411 E Sycamore Street, Elizabeth, IL 61028

$269,900

3,024 sqft

Duplex built in 1979 with central air, natural gas forced-air heat, private laundry, and off-street parking.

Mixed-Use Property in Thomson, IL

Mixed-Use Property in Thomson, IL

823 W Main Street, Thomson, IL 61285

Contact for pricing

4,736 sqft

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

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

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.

Lake Carroll Home Building Lot

Lake Carroll Home Building Lot

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

Contact for pricing

1.12 AC lot

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

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.

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.

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

$280,000

Estimated value

3.53 AC lot

Black Oak Rd

MOBILE HOME PARK, TRAILER PARK

Black Oak Rd, Mount Carroll, IL 61053

$240,000

Estimated value

8.79 AC lot

8216 Black Oak Rd

MOBILE HOME PARK, TRAILER PARK

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

$240,000

Estimated value

75.89 AC lot

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 22,586 square feet of properties for sale, with an estimated market value of $982,900.

Sale prices for residential income properties in Mount Carroll, IL start at $192,000, averaging $245,725, 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

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	$273.1K

Taxes & Financing

Average Loan-to-Value 65.0%

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