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$94,500
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Property Description
Em tbd w accepted offer. 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.
Full Property Details
Full Property Details for 206 Market St
General
- Price: $94,500
- Taxes: $1,926 (2023)
- Status: Active
- Type: Single Family
- Source: 2606
- MLS ID: 202504722
- Updated: 11/26/2025
- Added to Site: 163 day(s) ago
Interior
- Interior Features: Bar-Wet, Countertop-Solid Surface
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage Description: None
Location
- Area: Carroll County
- County: Carroll
- Subdivision: IL
School Information
- School District: West Carroll
- Elementary School: West Carroll
- Middle School: West Carroll
- High School: West Carroll
Heating & Cooling
- Cooling Type: Central Air
- Water Heater: Electric
Utilities
- Sewer: City/Community
- Water: City/Community
Structural Information
- Architectural Style: 2 Story
- Exterior Const.: Other
- Basement: Yes
- Roof: Metal
- Square Feet: 2,600
- Year Built: 1888
Lot Features
- Frontage: City/Town
Water Features
- Water Front Desc.: City/Community
Financial Considerations
- Price Per Sq. Ft.: $36.35
- For Lease: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $1,926
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: 54 MTC 1071 W 22.75' OF E 23' LOT 2 BLK 7 OT 05-001-071-00
- Flood plain: Yes
Listed by Jim Sullivan Realty
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Schools
Schools serving 206 Market St
School District:West Carroll Community Unit School District 314
| Name | Grades | Distance |
|---|---|---|
West Carroll Primary School 2215 Wacker Road, Savanna, IL 61074 | PK-4 | 7.4 mi |
West Carroll Middle School 633 South East Street, Mount Carroll, IL 61053 | 5-8 | 0.9 mi |
West Carroll High School 500 Cragmoor Street, Savanna, IL 61074 | 9-12 | 7.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 206 Market St
Date
Details
Price
Change
Source
11/26/2025
Price Reduced
$94,500
-5.41%
MLS
8/07/2025
Listed
$99,900
66.5%
MLS
6/21/2012
Sold
$60,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,987
3%
$19,567
10%
2023
$1,926
-2%
$17,869
—
2022
$1,961
-5%
$17,869
-3%
2021
$2,070
—
$18,438
—
2019
$2,076
-6%
$18,438
-8%
2017
$2,209
-2%
$20,034
—
2016
$2,243
—
$20,034
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 Market St
206 Market Street, Mount Carroll, IL 61053 (MLS# 202504722) is a Single Family property with 2 bedrooms and 1 full bathroom. 206 Market Street is currently listed for $94,500 and was received on August 07, 2025. Want to learn more about 206 Market Street? Do you have questions about finding other Single Family real estate for sale in Mount Carroll? You can browse all Mount Carroll real estate or contact a Coldwell Banker agent to request more information.

