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111 W Market St, Mount Carroll, IL, 61053

1beds
1baths
850sqft
$89,000
$105price/sqft
$866/moest. monthly cost
$34,640/yrincome needed

About This Home

Downtown office building with attached apartment living space. Lots of storage in basement area and has a 2-car garage and porch. Apartment has been repainted and has all new cabinets and furnishings. NEW carpet in 2025. Office space has potential to be turned into many things and is in a great location in the heart of downtown. Storefront was used as a resale/second hand store with good traffic. Possibilities are endless.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

3/10
3/10
2/10
West Carroll High SchoolGrades 9-128.0 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: Unknown

Interior

Appliances

  • Appliances included: Range / Oven,Refrigerator

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Other,Carpet

Interior Area

  • Total interior livable area: 850 sqft

Property

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached,Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Drought
Hail
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $450$5,400
Home Insurance *$157$1,884
Property Taxes $129$1,548
Electricity $130$1,569
Total$866$10,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,691/yr
40% on housing$25,980/yr
45% on housing$23,093/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -4.3%
-4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$105This listing

vs Other Active Listings

Avg $/sqft

ZIP 61053$118
Carroll County$119

vs Homes Sold Last Month

Median $/sqft

ZIP 61053
Carroll County$71

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-05Listed for sale$89,000
2025-08-12Listing removed--
2025-05-14Listed for sale$89,000
2023-10-15Listing removed--
2023-07-17Listed for sale$79,900
2022-06-06Listing removed--
2022-03-08Listed for sale$49,500
2021-10-04Listing removed--
2021-07-06Listed for sale$39,500
2021-03-24Listing removed--
2020-11-11Listing removed$39,900
2020-08-13Price change$39,900
2020-08-08Listed for sale$44,500
2020-04-25Listing removed$44,500
2020-01-26Listed for sale$44,500
2019-11-14Listing removed$39,900
2019-08-16Listed for sale$39,900
2018-06-24Listing removed$500
2018-05-24Price change$500
2018-04-22Listed for rent$450
2018-02-02Listing removed$25,000
2017-12-06Listed for sale$25,000
2015-10-30Sold$22,500

For Sale by Owner

AgentProperty Owner

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