101 W Market St Mount Carroll, IL 61053
Estimated payment $2,061/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $150,100 | -- |
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202505346
APN: 05-08-01-401-012
- 102 E Market St
- 320 N Main St
- 119 W Market St
- 206 N Main St
- 206 E Market St
- 115 N Clay St
- 103 N Carroll St
- 16025 Illinois 78
- 410 S Carroll St
- 14 Manor Cir
- 607 S Jackson St
- 12349 Illinois 78
- 820 Dewhurst St
- 17380 Corbett Rd
- 16529 Scenic Palisades Rd
- 7821 Oakville Rd
- 5574 Big Cut Rd
- TBD Big Cut Rd
- 7876 Hickory Grove Rd
- 19-16 Timber Ridge Rd
- 206 E Washington St
- 102 S Main St
- 110 W Front Ave
- 511 E Main St
- 847 Gateway Ave
- 306 E Main St
- 219 E Palm Dr
- 39-186 N Greenfield Dr
- 907 Ikes Peak Rd
- 751 2nd Ave S
- 1215 W Empire St
- 773 W Lincoln Blvd
- 609 W Cottonwood St Unit 609 1/2
- 415 W Stephenson St
- 224 W Stephenson St
- 220 W Stephenson St
- 218 W Stephenson St
- 15 S Van Buren Ave
- 28 W Main St
- 9 N Van Buren Ave