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101 W Market Street, 
Mount Carroll, IL 61053

$295,000


Bed


Bath


7,768

Sq Ft


Multi-Family

Active

Listed by

Brandon Beyer

Jim Sullivan Realty

815-947-9040

Last updated:

January 5, 2026, 11:12 AM

MLS#

202505347

Source:

IL RAAR

About This Home

101 W Market Street

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!

Home Facts

Multi-Family

Price Summary

295,000

$37 per Sq. Ft.

MLS #:

202505347

Last Updated:

January 5, 2026, 11:12 AM

Added:

4 month(s) ago


Rooms & Interior

Interior

Living Area:

7,768 Sq. Ft.


Structure

Structure

Building Area:

7,768 Sq. Ft.


Finances & Disclosures

Finances

Price:

$295,000

Price per Sq. Ft:

$37 per Sq. Ft.

Source:IL RAAR
The information being provided by Rockford Area Association Of REALTORS® (Raar) Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Rockford Area Association Of REALTORS® (Raar) Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.