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For sale
  • Price cut: $25K (6/11)
    $214,000

    101 W Market St, Mount Carroll, IL 61053

    --beds
    --baths
    7,768sqft
    : 
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    3 - 4 Units
    Built in 1899
    -- sqft lot
    $-- Zestimate®
    $28/sqft
    $-- HOA

    What's special

    Wide open retail spaceCorner lot
    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!
    307 days
    |
    204
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Beyer 815-275-3612,

    Jim Sullivan Realty

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202505347MLS Logo

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      Facts & features

      Interior

      Heating
      • Baseboard, Electric, Forced Air, Natural Gas
      Cooling
      • Central Air, Window Unit(s)
      Appliances
      • Included: Dryer, Refrigerator, Stove/Cooktop, Oven, Washer, Electric Water Heater
      Features
      • Has basement: Yes
      Interior area
      • Total structure area: 7,768
      • Total interior livable area: 7,768 sqft
      • Finished area above ground: 7,768
      • Finished area below ground: 0

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Features: County Taxes
      Details
      • Parcel number: 050801401012

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 3 - 4 Units
      Materials
      • Brick/Stone, Concrete Block
      • Roof: Rubber
      Condition
      • Year built: 1899

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: City
      • Water: City
      • Utilities for property: Separate Utilities

      Community & HOA

      Community
      • Subdivision: IL
      Location
      • Region: Mount Carroll

      Financial & listing details

      • Price per square foot: $28/sqft
      • Tax assessed value: $178,317
      • Annual tax amount: $6,035
      • Price range: $214K - $214K
      • Date on market: 9/3/2025
      • Cumulative days on market: 307 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $942/mo

        Price history

        DateEventPrice
        6/11/2026Price change$214,000-10.4%$28/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202505347 Report a problem
        4/9/2026Price change$238,950-10%$31/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202505347 Report a problem
        1/6/2026Price change$265,500-10%$34/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202505347 Report a problem
        9/3/2025Listed for sale$295,000$38/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202505347 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,035 +3.2%$59,439 +9.5%
        2023$5,850 -1.8%$54,282
        2022$5,957 +3.7%$54,282 +6.1%
        2021$5,745 +0.8%$51,182
        2020$5,702 -1.1%$51,182
        2019$5,763 -0.2%$51,182
        2018$5,775 +34.9%$51,182 +14.2%
        2017$4,280 -1.5%$44,819
        2016$4,347 $44,819
        2015$4,347 +1.1%$44,819
        2014$4,299 $44,819 +12.5%
        2013$4,299 $39,853

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 61053

        Getting around

        27 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Carroll
        • Middle: West Carroll
        • High: West Carroll
        • District: West Carroll

        Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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