About This Home

This 0-bedroom, 0-bathroom commercial at 101 W Market Street in Mount Carroll, IL is listed for $192,000 ($32 per sqft). Built in 1899, the home offers 6,020 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1899
  • 0.13 acre lot

Property Details

1899

Amenities

A/C
Listing Description

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 doors 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!

Monthly Cost Estimate

$1,027/mo

20% down · 6.5% · 30 years

Principal$139
Interest$832
Insurance$56

Estimates only. Actual payments may vary.

Location

101 W Market Street

Mount Carroll, IL 61053

Property Details

Flooring

CarpetLaminate

Heating

Forced AirNatural GasBaseboardElectric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 101 W Market Street is listed at $192,000 ($32/sqft). The estimated monthly payment is $1,027 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1899, 0.13 acre lot.

This property is listed by Brandon Beyer.

BB

Brandon Beyer

Agent at Jim Sullivan Realty

Listed by Jim Sullivan Realty · Broker phone: (815) 947-9040 · Broker website

MLS# 202505346· Source: NorthWest Illinois Alliance of REALTORS· 424 days on PropertySimple

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

101 W Market Street, Mount Carroll, IL 61053

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