101 W Market St Mount Carroll, IL 61053
Estimated payment $2,067/month
Highlights
- Brick or Stone Mason
- Forced Air Heating and Cooling System
- Baseboard Heating
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
Home Type
- Multi-Family
Est. Annual Taxes
- $6,035
Year Built
- Built in 1899
Home Design
- Brick or Stone Mason
- Rubber Roof
- Concrete Siding
Interior Spaces
- 7,768 Sq Ft Home
- 2-Story Property
- Basement
Kitchen
- Oven
- Stove
- Range
Laundry
- Dryer
- Washer
Schools
- West Carroll Elementary And Middle School
- West Carroll High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- Electric Water Heater
Community Details
- 4 Units
- 3-Story Building
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: 202505347

APN: 05-08-01-401-012
- 320 N Main St
- 206 N Main St
- 102 E Market St
- 212 W Market St
- 115 N Clay St
- 103 N Carroll St
- 206 E Market St
- 16025 Illinois 78
- 607 S Jackson St
- 508 E Lincoln St
- 14 Manor Cir
- 12349 Illinois 78
- 17380 Corbett Rd
- 16030 Loran Rd
- 7821 Oakville Rd
- TBD Big Cut Rd
- 5574 Big Cut Rd
- 19-16 Timber Ridge Rd
- 5270 Il Route 78
- 13-150 Spring Creek Dr
- 206 E Washington St
- 102 S Main St
- 110 W Front Ave
- 3001 Loras Dr
- 847 Gateway Ave
- 306 E Main St
- 219 E Palm Dr
- 39-186 N Greenfield Dr
- 907 Ikes Peak Rd
- 751 2nd Ave S
- 725 W South St
- 507A N Division Ave Unit A
- 211 N Jackson Ave
- 773 W Lincoln Blvd
- 401 W American St
- 429 N Trunck Ave
- 609 W Cottonwood St Unit 609 1/2
- 415 W Stephenson St
- 224 W Stephenson St
- 220 W Stephenson St