Investment opportunity in the heart of Homer! This stately home sits on a corner lot along Main Street and has been converted into two spacious apartment units, each offering approximately 1,224 square feet. The main-level unit features 2 bedrooms, 1 bathroom, impressive 10-foot ceilings, hardwood flooring, and original woodwork that adds to the home’s character. The upper unit offers 3 bedrooms, 1 bathroom, and an enclosed porch. Both units feature updated kitchens, in-unit washers and dryers, and separate furnaces and water heaters. Approximately 80% of the windows have been replaced. A full basement provides additional storage, while the two-car detached garage provides one parking space for each unit. Additional features include a gravel driveway and city water and sewer. Both units are currently leased, including a long-term tenant in the upper unit, offering an opportunity to add an established rental property to your investment portfolio.
Property Details
Price:
$152,000
MLS #:
MRD12765171
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subdivision:
Thomas and Cores
Neighborhood:
easternchampaigncountyvermillioncounty
Listed Date:
Sep 24, 2026
Year Built:
1910
See this Listing
Schools
School District:
8
Elementary School:
Heritage Elementary School
Middle School:
Heritage Junior High School
High School:
Heritage High School
Interior
Heating
Forced Air
Exterior
Architectural Style
Traditional
Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch
Financial
Tax Year
2025
Taxes
$3,826
Map
Community
- Address401 S Main Street Homer IL
- SubdivisionThomas and Cores
- CityHomer
- CountyChampaign
- Zip Code61849
Market Summary
Current real estate data for Multi Family in Homer as of Oct 13, 2026
1
Multi Family Listed
19
Avg DOM
$152,000
Avg List Price
Property Summary
- Located in the Thomas and Cores subdivision, 401 S Main Street Homer IL is a Multi Family for sale in Homer, IL, 61849. It is listed for $152,000
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Copyright 2026. All rights reserved.
401 S Main Street
Homer, IL

