101 W Market Street, MOUNT CARROLL, IL 61053
Carroll County
Key Facts
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!
Property Information
Property Type
Residential Income
Style
2 Story
Year Built
1899
Stories
2
Days on Market
281
MLS® Listing#
202505347
Property Features
Appliances
Cooling
Heating
Construction
Roof
Schools
- Elementary:
- West Carroll
- Middle:
- West Carroll
- High:
- West Carroll
- District:
- West Carroll
Financial Details
Annual Taxes
$6,035
Tax year 2024
Parcel Number
050801401012
Affordability Calculator
$42,800
Estimated monthly payment
$1,139/mo
Principal $171,200 · Est. interest $238,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in MOUNT CARROLL, IL
- $396,552
- Median Listing Price
- 31
- Median Days on Market
- 2,013
- Median Sq Ft
- $204
- Median Price / Sq Ft
- 105
- Active Listings
- This home’s price is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in MOUNT CARROLL, IL.
Location
Points of Interest in MOUNT CARROLL, IL
Showing the MOUNT CARROLL area map.
Nearby Schools
West Carroll Middle School
Secondary · 0.8 mi away
West Carroll Primary
Elementary · 7.5 mi away
Eastland Middle School
Secondary · 7.6 mi away
Eastland Elementary School
Elementary · 7.8 mi away
West Carroll High School
Secondary · 8.0 mi away
Chadwick Junior High School
Secondary · 8.0 mi away
West Carroll Intermediate School
School · 11.8 mi away
Eastland Middle School
Elementary · 12.7 mi away
Pearl City Elementary School
Secondary · 13.8 mi away
Milledgeville High School
Secondary · 14.1 mi away
Chadwick-Milledgeville Cusd
Elementary · 14.1 mi away
Stockton Elementary School
Elementary · 17.4 mi away
Easton Valley Elementary School
Elementary · 17.4 mi away
Stockton Middle School
Secondary · 17.6 mi away
Stockton High School
Secondary · 17.6 mi away
Fulton Elementary School
Elementary · 18.2 mi away
River Bend Middle School
Secondary · 18.3 mi away
Unity Christian School
School · 18.5 mi away
Lyons Middle School
Elementary · 18.6 mi away
Fulton High School
Secondary · 18.6 mi away
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