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106 N Main Street Homer, IL 61849 Residential - Single Family Price Change

  • 106 N Main Street, Homer, IL 61849 Main Photo

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Description

Endless Potential, Exceptional value. Motivated Opportunity! Opportunity meets versatility in this unique live/work property in the heart of Homer! This spacious 2-story building offers nearly 1,900 sq ft of functional space, featuring 2 oversized bedrooms upstairs and a flexible main level layout perfect for residential living, home business, or creative use. The main floor includes an updated kitchen with newer appliances, a large living area, dedicated office/foyer space, and a beautifully remodeled full bathroom with tile finishes. Upstairs, you'll find two generously sized bedrooms with great natural light. A standout feature is the massive 3-car tandem attached garage (over 55 feet deep), ideal for contractors, hobbyists, storage, or small business operations. The property also offers 3-phase electric capability, opening the door for a variety of commercial or workshop uses. Major updates have already been completed, including HVAC, roof, windows, insulation, electrical improvements, and interior finishes-providing peace of mind and long-term value. Situated on a manageable lot with a backyard, this property delivers incredible flexibility at an affordable price point-perfect for owner-occupants, investors, or entrepreneurs looking for space to grow.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,860
Garage Size: 3
Attached Garage
Heated Garage
Built in 1910
Elementary School: Heritage Elementary School
High School: Heritage High School
Middle School: Heritage Junior High School
Brick Exterior

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 1,860
County: Champaign
High School: Heritage High School
Listed By:
RE/MAX REALTY ASSOCIATES-CHA
MRED MLS

Room Information

Bedroom 2: 22X14
Family Room: 20X14
Kitchen: 14X11
Laundry: 7X14
Living Room: 18X13
Primary Bedroom: 26X18
$115,000
Est. $797/mo
2beds
1baths
1,860sqft
3cars
Price Change Price Reduced $4,000 on April 13th, 2026
BEDS2 BATHS1 full SQUARE FEET1,860 MLS#12558900
STATUSPrice Change PROPERTY TYPEResidential - Single Family SCHOOLDistrict 8

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106 N Main Street, Homer, IL 61849.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $115,000$115,000$115,000
Down Payment $23,000$4,025$28,750
Monthly Mortgage Amount $537$677$699
Taxes $160$160$160
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$51$0
Monthly Estimated Total $797$988$959

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