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101 W Market Street

MOUNT CARROLL, IL 61053
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Bed 6

Bed

Bath 0

Bath

Excellent multi-use investment property located right in the heart of downtown Mount Carroll. Sitting on the corner lot of W. Market St and N. Main St and kitty corner from the Carroll County Courthouse, this downtown building is one of the most visible buildings in the downtown area. The main floor features a wide open retail space with rows of shelving remaining in place, men and women's restrooms, as well as back office, storage and break room areas for staff. This space is certainly not limited to retail use, and could possibly be used for office space or your own small business! Upstairs is a total of 4 apartments including (2) 2 bedroom apartments and (2) 1 bedroom apartments. The lower level has a walk out to the rear of the building, a ton of room for storage, and sliding door s to a lower level garage with alley access. The building is currently vacant of all tenants so the new owner receives full possession as of closing and has the ability to fill units on their own! This property is an excellent real estate investment with a potential of 5 income sources under one roof in a great location within the bustling downtown area of Mount Carroll!

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Detail Ic Property Details

Property Type : Residential Income

Price : $214,000

AD Id : 72599899

MLS Id : 202505347

Beds : 6

Year Built : 1899

County : Carroll

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Feature Features

  • Bedroom Information

    Total beds: 6
  • Roofing Information

    Rubber
  • Interior Features

    Roof: Rubber Appliances: Dryer, Refrigerator, Washer, Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1899 Construction Materials: Brick Private Pool: No

  • Listing Price Information

    Listing Price: $214000 Original Price: $295000

  • Tax Information

    Parcel Number: 050801401012 Tax Year: 2024 Annual Tax: $6035 Tax Legal Desc: Per title.

  • School Information

    Elementary School: West Carroll
    Junior High School: West Carroll
    Senior High School: West Carroll
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
304 E Broadway St, Mount Carroll, IL, 61053 $229,000 4 3 2,997 2,997 SqFt
208 N College Street, Mount Carroll, IL, 61053 $175,000 3 1.5 2,280 2,280 SqFt
11516 E Loran Road, Mount Carroll, IL, 61053 $774,900 5 3.5 4,427 4,427 SqFt
17380 Corbett Rd, Mount Carroll, IL, 61053 $525,000 6 3.5 5,216 5,216 SqFt
16648 Us Highway 52, Mount Carroll, IL, 61053 $425,000 3 2 2,240 2,240 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/18/2026 @ 01:38

MLS: 202505347 LISTED BY: Brandon Beyer, JIM SULLIVAN REALTY 815-947-9040 SOURCE: NorthWest Illinois Alliance of REALTORS

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