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Flex Space with Loft Storage
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307 E 2nd Street, Homer, IL 61849

Commercial Lease, Homer, IL

Space Size1,181 SF - 2,063 SF
Days on Market319

Property Features for 307 E 2nd Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning INDUS
Directions I-74 to Ogden Exit, Follow 49 South to Homer, Left on E Second Street ahead on Right
Subdivision Eastern Champaign County / Vermillion County
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Description Lots pt 22, pt 24, pt 26, pt 28, pt 30 Block 29 Coffeen and Groenendyke's Add and other land
Tax Annual Amount 12518
Legal Description Lots pt 22, pt 24, pt 26, pt 28, pt 30 Block 29 Coffeen and Groenendyke's Add and other land

Utilities

Cooling system Central Air

Amenities

on-site parking
loft storage

Building Details

Year built 1970
Floors in Building 1
Number of units 2
Listing Agency: RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
Listed By: Brandon Moore · License #475119265
Added: Oct 7, 2025 Changed: Aug 20 Last Checked: Aug 21 at 5:06AM
MLS# 12489776

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,181-square-foot flex space in Homer, Illinois, offers a commercial layout with an additional 882-square-foot loft storage area available in conjunction with the main space. The property includes central air, on-site parking, and an industrial zoning designation identified as INDUS. Built in 1970, the building has supported community-serving and commercial uses over time, including retail and food bank operations.

The space is located at 307 E 2nd Street in Homer, within Champaign County. The owners are open to discussing build-out work as part of an agreed lease, allowing the premises to be configured around a tenant’s requirements. The loft provides separate capacity for inventory, supplies, or operational storage without changing the main-floor footprint.

Key Highlights

  • 1,181 SF main‑floor commercial space
  • Additional 882 SF loft storage available
  • INDUS zoning designation

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Plumbing Service Bakery (Bike/Boat/Book/etc) Store Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61849, IL

1,715
Population
813
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
96%
High-School Grad
58.2 sq mi
ZIP Area
29
Density / Sq Mi
$95,000
Median Household Income
$43,446
Median Earnings
$956
Median Rent
$156,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial-zoned commercial space with central air, on-site parking, and an optional loft storage area.
Where is this flex space located?
The property is located at 307 E 2nd Street Homer, IL.
What are key features of this property?
This property features: 1,181 SF main‑floor commercial space; Additional 882 SF loft storage available; INDUS zoning designation
More about this property
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