2516 Pine Avenue, Mattoon, Illinois 61938
$42,000
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For Sale
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| Status: | Active |
| Sqft: | 2,110 |
| Cost/Sqft: | $20 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1907 |
| Property Taxes: | $1,543 |
| Days On Market: | 66 |
| Lot Size: | 0,07 |
Description
High-Upside Investment Opportunity | 2BR/1BA | 2,100+ Sq Ft | 3-4BR Potential | Mattoon, IL. Attention investors and rehab buyers-this value-add opportunity is ready for its next owner. This spacious 2BR/1BA home features approximately 2,100 sq ft of living space (buyer to verify), providing a large footprint at an attractive price point with strong upside potential. The property has already been fully cleared inside and out, with eviction completed-saving significant time, cost, and effort for the next investor. The upstairs already has an existing window, making bedroom conversion straightforward. The unfinished basement provides additional usable space with a window already in place, presenting potential for a 4th bedroom (buyer to verify). The home currently has one bathroom on the main level, with existing plumbing that may support adding a second bathroom-enhancing both resale value and rental potential. With approximately 2,100 sq ft, this property is larger than many comparable homes in the area, allowing multiple exit strategies including resale or rental. Recent comparable 3-4 bedroom homes have sold in the $175,000-$210,000 range; buyer to verify comps. Interior and exterior cleanout completed. Property secured. Ready for rehab. Clear title. Fast and easy closing. Easy to show. Sold AS-IS. Quick close available. Buyer to perform all due diligence. Serious inquiries only.
Property Specifics
| Single Family | |
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| 1907 | |
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| No | |
| 0.07 |
| Coles | |
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| — / Not Applicable | |
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| — | |
| 12585954 | |
| 07211009000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| — | Last price change | $46,000 | MRED MLS |
| 6 Mar, 2026 | Listed for sale | $54,297 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 300x100 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| — | $1,543 |
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Listing Provided By
Beycome brokerage realty LLC
