

101 W Market StreetMOUNT CARROLL, IL 61053
Multi-Family · 7,768 Sq. ft.101 W Market Street Overview
- Time on Site:
- 300 days
- Visits:
- 24
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!
101 W Market Street Facts & Features
- Type Multi-Family
- Sq. ft. 7,768
- Price/Sq.ft. $28
Details
General
School Information
- Elementary School: West Carroll
- Middle Or Junior School: West Carroll
- High School: West Carroll
Building Information
- Year Built: 1899
Location/Region
- County Or Parish: Carroll County
Tax Information
- Tax Annual Amount: 6035
- Tax Year: 2024
General Information
- Parcel Number: 050801401012
- Property Sub Type: 3 - 4 Units
- Property Type: MULTIFAMILY
Interior
Building Interior
- Above Grade Finished Area: 7768
- Below Grade Finished Area: 0
General Information
- Appliances: Dryer,Refrigerator,Stove/Cooktop,Oven,Washer
- Basement: Yes
- Cooling: Central Air,Window Unit
- Electric: Circuit Breaker
- Heating: Baseboard,Electric,Forced Air,Natural Gas
- Living Area: 7768
- Stories Total: 3
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Water Source: City
Building Exterior/Construction
- Architectural Style: 2 Story
- Construction Materials: Brick/Stone,Concrete Block
- Roof: Rubber
General Information
- Exterior Features: County Taxes
- Number Of Units Total: 4
- Sewer: City
101 W Market Street Neighborhood
Community
61053 (Mt. Carroll) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.101 W Market Street Monthly Cost
101 W Market Street Market Data
Based on the last 30 days in this zip code
101 W Market Street History
| Date | Value | Agent |
|---|---|---|
| 6/11/2026Source: NorthWest Illinois Alliance MLS | $214,000 -10.4% |
|
| 4/9/2026Source: NorthWest Illinois Alliance MLS | $238,950 -10.0% |
|
| 1/6/2026Source: NorthWest Illinois Alliance MLS | $265,500 -10.0% |
|
| 9/3/2025Source: NorthWest Illinois Alliance MLS | September 03, 2025 |
