$139,900
- 7 Beds
- 3 Baths
2502 Pine Ave, Mattoon, IL 61938
Ryan Dallas RYAN DALLAS REAL ESTATE
4
Mattoon, IL Multifamily Homes & Duplexes for Sale
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2502 Pine Ave, Mattoon, IL 61938
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Explore Mattoon
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$29,999
- 2,242 Sq Ft
321 N 16th St, Mattoon, IL 61938
321 N 16th St, Mattoon, IL 61938John Inyart TCI Realty, LLC
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$175,000
1900 Champaign Ave, Mattoon, IL 61938
1900 Champaign Ave, Mattoon, IL 61938Vance Oliver All-American Realty
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$92,700
1009 S 14th St, Mattoon, IL 61938
1009 S 14th St, Mattoon, IL 61938Jennifer Swensen Century 21 KIMA Properties
Why Live in Mattoon
Mattoon, Illinois, a small city in eastern Illinois, offers a relaxed lifestyle with easy access to urban amenities. Established in 1861 as a transportation hub, Mattoon still celebrates its rail heritage, though Amtrak is the only active line today. With over 16,000 residents, the city benefits from major employers like Sarah Bush Lincoln Health Center and Rural King, contributing significantly to the local workforce. Housing options are diverse, featuring mainly single-family ranch-style homes on expansive lots, multi-family condos, and restored Victorian homes. The competitive market sees homes selling faster than the national average. Mattoon boasts several parks, including Peterson Park with its playground and baseball field, and Lawson Park, which offers sports facilities and a modern jungle gym. Mattoon Lanes provides entertainment with bowling lanes and arcade games, while the private Mattoon Golf & Country Club caters to golf enthusiasts. The city experiences all four seasons, with humid summers and cold winters. Annual events like the Mattoon Lightworks at Peterson Park attract thousands of visitors, fostering a strong sense of community. Mattoon Community Unit School District No. 2 serves local families, and Lake Land College offers higher education opportunities. Residents shop at major retailers along Highway 16 and enjoy dining at family-owned eateries downtown. The city is well-connected via U.S. Route 45, Highway 16, and U.S. Interstate 57, with public transportation available through Dial-A-Ride and Amtrak services. Mattoon is safer than the national average, with property crime rates falling and violent crime rates remaining below national figures.
Home Trends in Mattoon, IL
On average, homes in Mattoon, IL sell after 64 days on the market compared to the national average of 70 days. The median sale price for homes in Mattoon, IL over the last 12 months is $85,000, down 51% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$85,000
Median Single Family Sale Price
$24,900
Average Price Per Sq Ft
$93
Number of Homes for Sale
2
Last 12 months Home Sales
21
Months of Supply
1.10
Median List Price
$159,500
Median Change From 1st List Price
17%
Median Home Sale Price YoY Change
-51%
In Mattoon, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $29,999 to $175,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Mattoon is $159,500, while the average sale price is $206,071, offering insights into the local housing market. On average, multi-family homes spend 64 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Mattoon, IL.
Mattoon Types of Homes for Sale
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