2516 Pine Avenue

Mattoon, IL
$ 33,000 Beds 2 Baths 1 Sq 2,110
Monthly Estimate* How much can I afford?

ATTENTION EXPERIENCED INVESTORS - MATTOON, IL | PRICED TO SELL AT JUST $33,000. Priced to sell at just $33,000 ($15.64/SF), this 2,110-square-foot, 1910-built home features an attractive value-add opportunity for an experienced investor. Sold AS-IS. This fixer-upper is best suited for an experienced investor who has experience renovating and repositioning homes and recognizes the potential to create value through improvements. The home features 2 bedrooms, 1 bathroom, a full basement with windows, and a generously sized upstairs flex room with a window, offering potential to add a closet and create a third bedroom. The flexible layout may also allow for a 4-bedroom, 2-bathroom configuration, potentially increasing rental and resale appeal. This property presents significant upside potential for the right buyer willing to invest in updates and improvements. Potential strategies include renovation and resale or long-term rental. The heavy lifting has already been done: the property is vacant, the eviction process is complete, and interior and exterior cleanout is finished. Title is clean and insurable and ready for its new owner. Easy Show Easy Close.

Active

  • Price
  • $ 33,000
  • City
  • Mattoon
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • COLES
  • Half Bathrooms
  • 0
  • Area
  • Confidential Commercial Listings
  • Lot Size
  • 0.07 Acres
  • Zip
  • 61938
  • Sqr Footage
  • 2,110
  • Year Built
  • 1907
  • Taxes
  • $ 1543
  • Style
  • MLS#
  • 12585954
Listed By: Beycome Brokerage Realty LLC
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 2110
Sewer Unknown
Heating Natural Gas
Cooling Central Air
Possession Negotiable
Roof Shake
Association Fee Includes None
Construction Materials Frame
Year Built 1907
Township Coles County
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Coles
New Construction No
Property Type Residential
Total Rooms 6
Full Baths 1
Status Active
Directions Drive west on Broadway Ave. Right to South 21st St. Left to Commercial Ave. Keep right to take Pine Ave. Property is on the right.
City Mattoon
MLS Area Confidential Commercial Listings
Tax Annual Amount 1543
Standard Status Active
Property Type Detached Single

Interior Features

Basement Unfinished,Full
Total Bedrooms 2
Room Type No additional rooms
LivingAreaSource Landlord/Tenant/Seller
Total Baths 1
Bedrooms Possible 2

Exterior Features

Water Source Public
Foundation Details Other
Lot Dimensions 300x100
OwnerPhone 321-978-3158
Lot Size Acres 0.07
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Park Ridge, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/7/2026 Listed $46,000
3/19/2026 9% - $42,000
5/12/2026 8% - $39,000
7/6/2026 6% - $37,000
8/14/2026 11% - $33,000

Property vs Zip Code Average in 61938

Price
AVG $200K
$30K
Taxes
AVG $2,856
$1,543
Year Built
AVG 1946
1907
Visits
AVG 1
112
Data Provided by Inside Real Estate®

Areas That We Cover

2516 Pine Avenue Mattoon, IL is a Single Family Home for sale at $33000 with 2110 sqft and a lot size of 0.07 Acres Acre(s). 2516 Pine Avenue Mattoon has 2 bedrooms, 1 baths and was built in 1907. The property's zip code is 61938 which is in Mattoon, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Leslie Lang

Leslie Lang

847-430-3790

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