206 E Market St Mount Carroll, IL 61053
Estimated payment $658/month
Highlights
- Solid Surface Countertops
- Wet Bar
- Central Air
About This Home
REDUCED! Live + Work in Historic Downtown Mount Carroll! ? This beautifully updated mixed-use property offers the best of both worlds: a prime commercial space on the main level and a comfortable 1-bedroom apartment upstairs. Whether you’re dreaming of opening your own shop, studio, or café, or simply looking for a property with income potential, this one is ready for you. Major Updates Already Done: *Brand new standing seam metal roof with ice blocks *All new windows for efficiency and light *Exterior brickwork restored with tuckpointing & replacement *Two heat pumps with central air for year-round comfort *Plus more improvements (see association documents for details) Why You’ll Love It Here: Nestled in the heart of historic downtown Mt. Carroll Part of a community on the rise with exciting Shimer Square revitalization Just 15 minutes from Lake Carroll and 10 minutes from Timber Lake—perfect for boating, fishing, and relaxing weekends This property is full of potential for entrepreneurs, investors, or anyone looking to trade city stress for small-town charm. Bring your vision and make this one your own! Owner is a Licensed Broker.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,926
Year Built
- Built in 1888
Lot Details
- 436 Sq Ft Lot
Home Design
- Metal Roof
Interior Spaces
- 2-Story Property
- Wet Bar
- Partial Basement
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- West Carroll Elementary And Middle School
- West Carroll High School
Utilities
- Central Air
- Heat Pump System
- 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 | $1,795 | $17,794 | $1,616 | $16,178 |
| 2023 | $1,795 | $16,250 | $1,476 | $14,774 |
| 2022 | $1,679 | $15,403 | $1,399 | $14,004 |
| 2021 | $1,606 | $14,402 | $1,332 | $13,070 |
| 2020 | $1,594 | $14,402 | $1,332 | $13,070 |
| 2019 | $1,611 | $14,402 | $1,332 | $13,070 |
| 2018 | $1,615 | $14,402 | $1,332 | $13,070 |
| 2017 | $1,192 | $16,801 | $1,293 | $15,508 |
| 2016 | $1,202 | $16,801 | $1,293 | $15,508 |
| 2015 | $1,189 | $16,801 | $1,293 | $15,508 |
| 2014 | $1,271 | $16,801 | $1,293 | $15,508 |
| 2013 | $1,271 | $18,305 | $831 | $17,474 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2025 11/26/25 | Price Changed | $94,500 | -5.4% | $36 / Sq Ft | |
| 08/07/2025 08/07/25 | For Sale | $99,900 | +899.0% | $38 / Sq Ft | |
| 03/01/2018 03/01/18 | Sold | $10,000 | -49.7% | $6 / Sq Ft | View Prior Sale |
| 01/25/2018 01/25/18 | Pending | -- | -- | -- | |
| 11/27/2017 11/27/17 | For Sale | $19,900 | -- | $12 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $234,375 | Security First Title | |
| Grant Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,600,000 | Construction |
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202504722
APN: 05-09-06-301-041
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