$295,000
$4K PRICE DROP

101 W Market St Mount Carroll, IL 61053

Estimated payment $2,061/month

Total Views 3,897
-- Bed
-- Bath
6,020 Sq Ft
$49 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • Carpet

About This Home

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!

Listing Agent

BRANDON BEYER

JIM SULLIVAN REALTY License #471021761 Listed on: 09/03/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1899

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Plaster Walls
  • Fire Rated Drywall
  • Rubber Roof
  • Concrete Siding

Interior Spaces

  • 6,020 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Property Details

Property Type

Other

Est. Annual Taxes

$6,035

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Business/Retail
  • Hold Earnest Money Y N: No
  • Designated Managing Broker Y N: Yes
  • Listing Property Status: Fair Market
  • Number Doors: 1
  • Assessor Parcel Number: 050801401012
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall, Plaster
  • Insulation: Unknown
  • Basement: Full
  • Total Finished Sq Ft: 6020
  • Flooring: Laminate, Carpet

Exterior Features

  • Exterior: Brick, Concrete Block
  • Roof: Rubber

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Common, Electric
  • Air Conditioner: Central, Window
  • Heat: Electric Baseboard, Gas Forced Air

Lot Info

  • Number Of Acres: 0.13

Building Info

  • Year Built: 1899

Tax Info

  • Year: 2024
  • Taxes: 6035

Multi Family

  • Lease: No

MLS Schools

  • School District: West Carroll

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,035 $59,439 $3,857 $55,582
2023 $6,035 $54,282 $3,522 $50,760
2022 $5,957 $54,282 $3,522 $50,760
2021 $5,745 $51,182 $3,354 $47,828
2020 $5,702 $51,182 $3,354 $47,828
2019 $5,763 $51,182 $3,354 $47,828
2018 $5,775 $51,182 $3,354 $47,828
2017 $4,313 $44,819 $3,256 $41,563
2016 $4,347 $44,819 $3,256 $41,563
2015 $4,299 $44,819 $3,256 $41,563
2014 $4,140 $44,819 $3,256 $41,563
2013 $4,140 $39,853 $2,093 $37,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 For Sale $299,000 -- $50 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $150,100 --
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202505346

NorthWest Illinois Alliance of REALTORS®

APN: 05-08-01-401-012