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.
Listed By
Agency Name: Green Street Realty
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 1,053.60 per month $690.43 Principal & Interest $318.83 Property Tax $44.33 Homeowner's Insurance
401 S Main Street | MLS# 12765171
This multi-family property located at 401 S Main Street, Homer, IL 61849 is currently listed for sale with an asking price of $152,000. S Main Street is located within the District 8 school district. Search Homer real estate on www.gogambino.com today.