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2642 Homer Lake Rd

Homer, IL 61849

3 bd 2 ba 1,573 sqft Built 2002 Lot 69,696 sqft single_family
Most recent sale
$367,500
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2022 Sold $367,500 MLS #11470302
Jul 21, 2022 Listed $375,000 MLS #11470302
Oct 4, 2019 Sold $265,000 MLS #10484602
May 10, 2018 Sold $259,000 MLS #09715837
Feb 14, 2018 Price changed $259,900 MLS #09715837
Oct 16, 2017 Price changed $249,900 MLS #09715837
Sep 29, 2017 Price changed $254,500 MLS #09715837
Aug 28, 2017 Relisted $259,900 MLS #09715837
Aug 27, 2017 Listing removed $264,500 MRED
Aug 25, 2017 Price changed $264,500 MLS #09715837
Aug 15, 2017 Price changed $269,900 MLS #09715837
Aug 9, 2017 Listed $279,900 MLS #09715837
Aug 19, 2016 Sold $215,000 Public Record
Jul 2, 2016 Listing removed $209,900 ChampaignArea
Jun 30, 2016 Listed $209,900 MLS #2163184

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $92,030 $8,630 $100,660 $6,589
2023 $92,310 $8,210 $100,520 $6,230
2022 $79,450 $7,070 $86,520 $5,662
2021 $73,840 $6,570 $80,410 $4,899
2020 $71,760 $6,380 $78,140 $4,948
2019 $71,760 $6,380 $78,140 $4,909
2018 $70,010 $6,220 $76,230 $4,805
2017 $61,050 $5,920 $66,970 $4,598
2016 $58,140 $5,640 $63,780 $4,585
2015 $55,850 $5,420 $61,270 $4,475
2014 $55,850 $5,420 $61,270 $4,313
2013 $55,850 $5,420 $61,270 $4,187
2012 $56,590 $5,490 $62,080 $4,196
2011 $54,410 $5,280 $59,690 $3,954
2010 $55,460 $5,380 $60,840 $4,006
2009 $55,460 $5,380 $60,840 $3,772
2008 $55,460 $5,380 $60,840 $3,638
2006 $46,400 $4,500 $50,900 $3,326
2005 $43,720 $4,210 $47,930 $3,349

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,573 sqft
Lot size
69,696 sqft
ZIP code
61849
City
Homer
Street
Homer Lake Rd
Coordinates
40.06335, -87.96978

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,831
Gross rental yield
9.24%
Implied cap rate
6.01%
Trend-extrapolated value

Frequently asked questions

When did 2642 Homer Lake Rd last sell?
2642 Homer Lake Rd most recently sold on Oct 25, 2022 for $367,500.
What is the current tax assessment for 2642 Homer Lake Rd?
The most recent total assessment for 2642 Homer Lake Rd (year 2024) is $100,660 with $6,589 in property tax.
How does 2642 Homer Lake Rd's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $367,500.
When was 2642 Homer Lake Rd built?
2642 Homer Lake Rd was built in 2002.
How does 2642 Homer Lake Rd compare to others on Homer Lake Rd?
We track 8 other properties on Homer Lake Rd. Browse the list under "Other properties on Homer Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 2642 Homer Lake Rd?
2642 Homer Lake Rd is a 3 bed, 2 bath, 1,573 sqft, 69,696 sqft lot single_family.
Is 2642 Homer Lake Rd a flip candidate?
No — 2642 Homer Lake Rd does not appear in our flips dataset.
Is 2642 Homer Lake Rd a tax-appeal candidate?
No — 2642 Homer Lake Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-1.0%
2025 Q1
$162.2K
2025 Q2
$161.8K
ZIP 61849 — Median Price History + Forecast

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