1 Carrollton Blvd
Mount Carroll, IL 61053
Carrollton Inn · Hospitality Property For Sale · 19,131 SF

As part of the former Shimmer College in Mt. Carroll, IL, this concrete and brick building was originally built as a college dorm back in the mid 1960s. It was then converted into a 4-store 43 bedroom hotel called the Carrollton Inn and has remained since as a local landmark. About 15 years ago it was repossessed by a bank and ceased its operations. The hotel building has not been maintained for the past 15 years, and will need to be completely gutted and rehabbed. The structure of the building itself, being of concrete and brick construction, is very solid. The building sits at the corner of a busy highway leading to town, and 15 minutes away from the Mississippi River. So it's very visible, ideal for a hotel or condo, and not two far away from Chicago, about 125 miles.