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Two-Unit Duplex with Detached Garage
New
For Sale
$152,000

401 S Main Street, Homer, IL 61849

Residential Income, Homer, IL

Property SizeContact for details
Days on Market3

Property Features for 401 S Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking 2
Parking features Garage
Patio and Porch features Porch
Basement Unfinished, Full
Subdivision Thomas and Cores
Elementary school Heritage Elementary School
Middle school Heritage Junior High School
High school Heritage High School
Elementary school district 8
Middle school district 8
High school district 8
Directions South on Main over tracks to house
Standard status Active
APN 263009301001

Taxes and HOA fees

Tax Year 2025
Tax Description Lot pt 1 Block 2 Thomas and Core's Add
Tax Annual Amount 3826
Legal Description Lot pt 1 Block 2 Thomas and Core's Add

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

updated kitchens
in-unit washer and dryer
full basement
enclosed porch

Building Details

Year built 1910
Building materials Vinyl Siding
Architectural style Other
Listing Agency: Green Street Realty
Listed By: Shannon Collins · License #475178418
Added: Sep 24 Last Checked: Sep 26 at 11:06AM
MLS# 12765171

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 1910 duplex contains two apartments, each measuring approximately 1,224 square feet. The first-floor residence has two bedrooms, one bathroom, 10-foot ceilings, hardwood floors, and original woodwork. Upstairs, the three-bedroom, one-bathroom unit includes an enclosed porch. Updated kitchens, in-unit washers and dryers, and separate furnaces and water heaters serve the apartments. About 80% of the windows have been replaced, and a full basement adds storage space.

The property sits on a corner lot along S Main Street in Homer. Public water and sewer serve the building. A detached two-car garage provides one parking space for each apartment, and the property also has a gravel driveway. Both units are leased, with the upper apartment occupied by a long-term tenant.

Key Highlights

  • Two apartments, each approximately 1,224 square feet
  • First‑floor unit: 2 bedrooms, 1 bathroom, 10‑foot ceilings, hardwood floors, and original woodwork
  • Upper unit: 3 bedrooms, 1 bathroom, and an enclosed porch

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased and have updated kitchens, in-unit laundry, and independent heating and water-heating systems.
Where is this duplex located?
The property is located at 401 S Main Street Homer, IL.
What is the asking price?
The asking price for this property is $152,000.
What are key features of this property?
This property features: Two apartments, each approximately 1,224 square feet; First‑floor unit: 2 bedrooms, 1 bathroom, 10‑foot ceilings, hardwood floors, and original woodwork; Upper unit: 3 bedrooms, 1 bathroom, and an enclosed porch
More about this property
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