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    Homer, IL
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    Homer, IL Multifamily Properties for Sale

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    Ogden, IL Saint Joseph, IL Charleston, IL Peoria, IL Sidell, IL Urbana, IL Longview, IL Catlin, IL
    Two-Unit Duplex with Detached Garage
    Updated: Sep 24
    Two-Unit Duplex with Detached Garage

    401 S Main Street, Homer, IL 61849

    $152,000
    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
    In‑unit washers and dryers; separate furnaces and water heaters for each apartment
    Detached two‑car garage with one parking space per unit
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Homer, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant and Residential Building
    Restaurant and Residential Building

    10 E CHESTER ST, Champaign, IL 61820

    Contact for pricing
    7,000 sqft

    Two-level property combines an established restaurant with a large two-bedroom residential unit.

    View details
    Victorian Triplex with Off-Street Parking
    Victorian Triplex with Off-Street Parking

    408 W Healey Street, Champaign, IL 61820

    $220,000
    0.20 AC lot

    Distinct residential layouts include separate kitchens and baths, basement laundry, and parking accessed from the driveway and alley.

    View details
    7-Unit Townhouse-Style Apartments
    7-Unit Townhouse-Style Apartments

    2012 Vawter Street, Urbana, IL 61801

    $560,000

    Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.

    View details
    Updated Condo with Modern Amenities
    Updated Condo with Modern Amenities

    1310 Brighton Drive #1310, Urbana, IL 61801

    $125,000

    Move-in ready 3-bedroom condo with recent updates and convenient location.

    View details

    Homer, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Homer, IL on our real estate platform.

    Sale prices for multifamily properties in Homer, IL average $152,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 1,882
    Population Growth (5Y) -5.9%
    Median Household Income $95,000
    College Educated 22.2%

    Taxes & Financing

    Tax Rate (average for all types) 7.93%
    Property Tax per SF $92.67 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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