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$159,900
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Property Description
Earnest money TBD w/ accepted offer. Listing agent may be required to attend showings. City reserves right to refuse any offers. Entrepreneurs take note! The City of Mount Carroll is offering the historic and iconic Kraft Building to it's next owner. Located at the intersection of the brick lined Main and Market Streets in historic downtown Mount Carroll and directly across from the Carroll County Courthouse, the Kraft building is a cornerstone to the community and is right amongst all of the action in the downtown area. Large windows line the exterior of both the main floor and upper floor, offering an attractive aesthetic as well as the opportunity to draw you customer inside. Move your business right into the main floor as its large open floor plan is ready to go and only limited by one's imagination. Most recently, the main floor has been used in the food industry and has the remnants of a commercial kitchen that will remain with the building. Potential business opportunities include but certainly are not limited to a restaurant, retail space or cooperative office spaces. Two stairways lead to the upper level which has been taken down to the studs and could be renovated into additional office space or potentially apartment spaces. The lower level is unfinished, although offers some potential for additional business space on the East side of the building where a separate entrance to the lower level can be found. The time to invest in the historic community of Mount Carroll is right now-as so many positive developments are taking place including the Shimer Square development and the completion of the new Davis Community Center. With over 3,600 sq ft on the main and upper levels, the size is there to dream big! Don't miss out on your opportunity to plant your business into the heart of historic downtown Mount Carroll. Historical information available on request. The city prefers to see a business utilize the space, and reserves the right to refuse offers that do not involve a business plan being implemented.
Full Property Details
Full Property Details for 320 N Main St
General
- Sold For: $159,900
- Taxes: $1,812 (2023)
- Status: Closed
- Type: Retail
- Source: 2606
- MLS ID: 202500900
- Added to Site: 321 day(s) ago
Interior
- Flooring: Wood, Other
Location
- Subdivision: IL
School Information
- School District: West Carroll
Heating & Cooling
- Central air: Yes
- Cooling Type: Central
- Heating Type: Gas Forced Air
- Water Heater: Natural Gas
Utilities
- Sewer: City
- Water: City
Structural Information
- Exterior Const.: Brick & Frame
- Basement: Yes
- Basement Desc.: Cellar, Unfinished
- Roof: Rubber
- Common Walls: Drywall
- Doors: 6
- Square Feet: 3,600
- Office: 3,600 Sq. Ft.
- Retail: 3,600 Sq. Ft.
- Industrial: 3,600 Sq. Ft.
- Year Built: 1888
Financial Considerations
- Price Per Sq. Ft.: $44.42
- For Sale/Rent/Lease: For Sale
- Tax Amount: $1,812
- Tax Year: 2023
Listed by Jim Sullivan Realty
Sold by Jim Sullivan Realty
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Schools
Schools serving 320 N Main St
School District:West Carroll Community Unit School District 314
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 320 N Main St
Date
Details
Price
Change
Source
11/26/2025
Sold
$159,900
—
MLS
3/01/2025
Listed
$159,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
320 N Main Street, Mount Carroll, IL 61053 (MLS# 202500900) is a Retail property that was sold at $159,900 on November 26, 2025. Want to learn more about 320 N Main Street? Do you have questions about finding other Retail 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.

