Address
2516 Pine Avenue, Mattoon, IL
Price
$ 29,000
Property Attributes
- MLS#12585954
- TypeSingle Family
- Listing Status Price Change
- CountyCOLES
- CityMattoon
- AreaConfidential Commercial Listings
- Zip61938
- Style
- Year Built1907
- Taxes$ 1543
- Price$ 29,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2110
- Lot Size0.07 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
EXPERIENCED INVESTORS - MATTOON, IL | PRICED TO SELL! NEW PRICE OF JUST $29,000 | LOWEST-PRICED PROPERTY IN MATTOON | READY TO SELL Substantial value-add opportunity at an attractive $29,000 acquisition price of only $13.74/SF. This approximately 2,110-square-foot, 1910-built home provides an experienced investor with the opportunity to renovate, reposition, and create value in a spacious property with a flexible layout. The home features 2 bedrooms, 1 bathroom, a full basement with windows, and a generously sized upstairs flex room with a window, providing potential to add a closet and create a third bedroom. The existing layout may also provide potential for additional bedrooms and bathrooms, subject to buyer verification and local requirements. Sold AS-IS. The heavy lifting has already been done. The property is vacant, the eviction process has been completed, and the interior and exterior cleanout is finished, allowing the next owner to move directly into the renovation and repositioning phase. Clean, insurable title is also in place and ready for its new owner. Potential exit strategies include renovation and resale, rental, or long-term investment, depending on the buyer's objectives and renovation plan. Now priced at just $29,000 and ready for its next owner. An attractive entry point for an investor seeking a value-add opportunity in Mattoon, with a new price of just $29,000 and the heavy lifting already completed.
| 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 |
| 9/17/2026 | 13$29,000 |
General Features
| 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 | Price Change |
| 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
Property vs Single Family Average in 61938
Price
Taxes
Year Built
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than REMAX Ultimate Professionals may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 18, 2026 2:43 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of September 18, 2026 2:43 AM UTC
