101 W Market St

Mount Carroll, IL 61053

$295,000
Price
6
Beds
4
Baths
7,768 Sq. Ft.
$38 / Sq. Ft.
7,768
Sq. Ft.
$38
per Sq. Ft.
a view of building with ocean view
a view of a building with street view
a view of a building with car parked
a view of entrance door of the building
a view of a room with gym equipment
a view of a room with racks
a view of a studio with furniture
a view of an empty room with washing machine
a view of a room with storage and utility
a living room with stainless steel appliances kitchen island granite countertop furniture and a large window
a bathroom with a toilet
a living room with furniture
a white refrigerator freezer and a stove sitting inside of a kitchen
an empty room with wooden floor and windows
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a kitchen with refrigerator and window
a bathroom with a sink toilet and shower
a view of a room with wooden floor
a view of a room with wooden floors
a view of empty room with wooden floor
a living room with furniture and a window
a view of a kitchen with furniture and wooden floor
a front view of a building with an outdoor space
a front view of a building with glass windows and door
a view of a balcony with chairs and a stove

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...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!
  1. Listed by BRANDON C BEYER • JIM SULLIVAN REALTY
    C: (815)-275-3612 brandon@jimsullivan-realty.com

Property Details for 101 West Market Street

Style
2 Story
Total # of Parking Spaces
0
LISTING UPDATED: 09/03/2025 08:21 AM

Property Details for 101 West Market Street

StatusActive And Available
MLS #202505347
Days on Market103
Taxes$6,035 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 - 4 Units
Year Built1899
Lot Size-
CountyCarroll County

Location

Listing Courtesy of JIM SULLIVAN REALTY
Add your commute

Building Information for 101 West Market Street

Stories3Residences4Year Built1899Building Size-Lot Size-

Payment Calculator

$1,961 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,458

Property Taxes

$503

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 West Market Street

Summary
Location and General Information
  • Grid: Carroll County
  • City: MOUNT CARROLL
  • State: IL
  • Zip: 61053
  • Address: 101 W Market Street
  • County: Carroll County
  • Zip Code: 61053
  • Year Built: 1899
  • School District: West Carroll
  • Elementary School 1: West Carroll
  • Middle School: West Carroll
  • High School: West Carroll
Taxes and HOA
  • Tax Year: 2024
  • Taxes: $6,035
Property
Lot Information
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 7768
  • Est Above Grade SqFt: 7768
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 3 - 4 Units
  • Status: ACTIVE and AVAILABLE
  • PIN: 050801401012
  • HUD: No
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: Yes
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Brick/Stone, Concrete Block
  • General Features: County Taxes
  • Roof: Rubber
Interior Features
  • Water Heater: Electric
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Cooling: Central Air, Window Unit
  • Appl Stay/Incl: Dryer, Refrigerator, Stove/Cooktop, Oven, Washer
  • Basement Y/N: Yes
  • Separate Heat Y/N: No
  • Washer/Dryer CoinOp Y/N: No
  • Washer/Dryer Hookup Y/N: No
  • Washer/Dryer Y/N: No
Multi Family
Income and Expenses
  • Insurance/YR: $2,000
  • Maintenance/YR: $1,000
  • Management/YR: $0
  • Utilities/YR: $1,000
  • Legal/Account/YR: 500
  • Other/YR: 0
Multi Family Information
  • Number of Floors in Bldg: 3
  • Number of Tenants in Bldg: 0
  • Number of Units: 4
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: 0
  • Unit 1 # Beds: 2
  • Unit 1 AC: n
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 5
  • Unit 1 # Baths: 1
  • Unit 1 Heat: elec
  • Unit 1 SqFt: 755
  • Unit 1 Lease/Deposit: 0
  • Unit 1 Rent: 0
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 0
  • Unit 2 # Beds: 2
  • Unit 2 AC: n
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 6
  • Unit 2 # Baths: 1
  • Unit 2 Heat: elec
  • Unit 2 SqFt: 702
  • Unit 2 Lease/Deposit: 0
  • Unit 2 Rent: 0
Unit 3
  • Unit 3 Range: Yes
  • Unit 3 Garage Capacity: 0
  • Unit 3 # Beds: 1
  • Unit 3 AC: n
  • Unit 3 Refrigerator: Yes
  • Unit 3 # Rooms: 4
  • Unit 3 # Baths: 1
  • Unit 3 Heat: elec
  • Unit 3 SqFt: 412
  • Unit 3 Lease/Deposit: 0
  • Unit 3 Rent: 0
Unit 4
  • Unit 4 Range: Yes
  • Unit 4 Garage Capacity: 0
  • Unit 4 # Beds: 1
  • Unit 4 AC: n
  • Unit 4 Refrigerator: Yes
  • Unit 4 # Rooms: 4
  • Unit 4 # Baths: 1
  • Unit 4 Heat: elec
  • Unit 4 SqFt: 455
  • Unit 4 Lease/Deposit: 0
  • Unit 4 Rent: 0
Rental
Rent Information
  • Lease: No

Property History for 101 West Market Street

DateEvent & SourcePriceAppreciation
Sep 2, 2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202505347

$295,000—
Sep 2, 2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202505346

$299,000—
DateEvent & SourcePrice
09/02/2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202505347

$295,000
09/02/2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202505346

$299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 West Market Street

Taxable ValueLand$3,857Additions$55,582Total$59,439
Tax Record2024$6,035 ($503 / month)
Home Facts
Lot Size2,574 SqFtStyleStoresCountyCARROLLAPN05-08-01-401-012

Schools near 101 West Market Street

This home is within West Carroll Community Unit School District 314.
Rating
School
Type
Grades
Distance
West Carroll Primary School
Public - PK to 5
West Carroll Middle School
Public - 6 to 8
West Carroll High School
Public - 9 to 12
Rating
School
Distance
West Carroll Primary School
PublicPK to 5

West Carroll Middle School
Public6 to 8

West Carroll High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 101 West Market Street, Mount Carroll, IL 61053

101 West Market Street is a multi-family home for sale in Mount Carroll, IL 61053. This property was listed for sale on September 3, 2025 by JIM SULLIVAN REALTY, it's currently listed at $295,000. This listing's school district is West Carroll Community Unit School District 314. Nearby schools include West Carroll Primary School, West Carroll Middle School and West Carroll High School. 101 West Market Street is a 6-bed, 4-bath, 7,768 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JIM SULLIVAN REALTY

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/03/2025 08:21 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.