101 W Market Street

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Address: 101 W Market St, Mt Carroll, IL 61053, USA
Chicago & Midwest + 2-4 Units
Created date: September 3, 2025
Date last updated: September 27, 2026
Price: $192,000Investment Analyzer NEW!

Property 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 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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $192,000
No. of Units: 4
Year Built: 1899
Lot Size: 7,768.00 Sq ft
Opportunity Zone: No
Price per unit: $48,000
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 4
Address: 101 W Market Street, MOUNT CARROLL, IL 61053, USA
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