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$ 214,000
Est. payment /mo
Price Dropped by $24K
101 W Market Street Mount Carroll, IL 61053
7,768 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 - 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,768 sqft
Price per Sqft $27
Subdivision Il
MLS Listing ID 202505347
Style 2 Story
Annual Tax Amount $6,035
Tax Year 2024
Property Sub-Type 3 - 4 Units
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!
Location
State IL
Area Carroll County
Interior
Hot Water Electric
Heating Baseboard, Electric, Forced Air, Natural Gas
Cooling Central Air, Window Unit
Exterior
Exterior Feature Brick/Stone, Concrete Block
Roof Type Rubber
Building
Sewer City
Water City
Schools
Elementary Schools West Carroll
Middle Schools West Carroll
High Schools West Carroll
School District West Carroll
Listed by JIM SULLIVAN REALTY