Listing provided courtesy of JIM SULLIVAN REALTYNorthWest Illinois Alliance MLSMLS# 202505346MLS Provider
  • 300 days on site
  • 67 views

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!

Source: NorthWest Illinois Alliance MLS, MLS#: 202505346

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  • Property Type
    Commercial Sale
  • Lot
    0.13 acres
  • Price per Square Foot
    $36

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Life at 101 W Market Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/11/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$214,000 -10.4%
4/9/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$238,950 -10.0%
1/6/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$265,500 -10.0%
9/3/2025Source: NorthWest Illinois Alliance MLS Price Reduction
$295,000 -1.3%
9/3/2025Source: NorthWest Illinois Alliance MLS Added to Database
September 03, 2025