NOT LISTED FOR SALE

1617 Lafayette Ave Mattoon, IL 61938

Mattoon Area

Estimated Value: $120,000 - $212,000

-- Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: May 21, 2026

Last sale price $205,000

Est. 19% decrease in value since last sale

Current estimated payment $1,177 / mo

11 Days on Market

Highlights

  • Forced Air Heating System
  • 6 Car Garage
  • 1-minute walk to Friendship Garden

About This Home

As of May 2026

Well-maintained 4-unit investment property with long-term tenants and immediate cash flow. Each one-bedroom unit includes its own washer and dryer. Updated plumbing and electrical already in place. Prime location near shopping and directly across from Friendship Park. Strong, stable investment with low-maintenance appeal.

Last Agent to Sell the Property

Jennifer Swensen

Century 21 Kima Properties License #475180313 Listed on: 04/13/2026

Century 21 Kima Properties

Last Buyer's Agent

Karol Scrimager

Century 21 Kima Properties License #475154758

Century 21 Kima Properties
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 1917

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a private road

Parking

  • 6 Car Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • Operating Expense $584

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 07-1-05055-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,933

Year Built

Built in 1917

Lot Details

6,970 Sq Ft Lot

Parking

6

Listing Details

  • Lot Size Acres: 0.16
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1917
  • Road Frontage Type: Private Road
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Water Heater, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Owner Pays: Trash Collection
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Shingle, Shake
  • Waterfront: No
  • Foundation Details: Crawlspace

Garage/Parking

  • Garage Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 07-1-05055-000
  • Zoning: RES

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 584.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2933.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2026
Closed on
May 21, 2026
Sold by
Petersen Gregory
Bought by
Seller's Agent
Jennifer Swensen
Century 21 Kima Properties
Buyer's Agent
Karol Scrimager
Century 21 Kima Properties
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Views
5
Current Estimated Value
$166,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,064
Avg. Annual Appreciation
-49.57%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mattoon, IL

  • Carol Meinhart Real Estate Agent - The Real Estate Group LLC

    Carol Meinhart

    Responds Quickly

    The Real Estate Group LLC

    (217) 858-4967

    764 Total Sales

    3 in Mattoon

    $833,000 Price Range

    Carol Meinhart
     Section Image
  • Tony Lape Real Estate Agent - RE/MAX Properties

    Tony Lape

    RE/MAX Properties

    (217) 858-2320

    93 Total Sales

    1 in Mattoon

    $144,900 Price

    Tony Lape
     Section Image
  • Vanessa Skavlem Real Estate Agent - THATS A WRAP REALTY

    Vanessa Skavlem

    THATS A WRAP REALTY

    (618) 352-7037

    80 Total Sales

    2 in Mattoon

    $47K - $259K Price Range

    Vanessa Skavlem
     Section Image
  • Art Geen Real Estate Agent - Full Circle Realty

    Art Geen

    Full Circle Realty

    (217) 916-2418

    48 Total Sales

    1 in Mattoon

    $128,000 Price

    Art Geen
     Section Image
  • Kristen Hutchinson Real Estate Agent - All-American Realty

    Kristen Hutchinson

    All-American Realty

    (217) 993-9041

    136 Total Sales

    20 in Mattoon

    $50K - $360K Price Range

    Kristen Hutchinson
     Section Image
  • Blake McWilliams Real Estate Agent - RE/MAX Key Advantage

    Blake McWilliams

    RE/MAX Key Advantage

    (618) 403-1246

    43 Total Sales

    9 in Mattoon

    $82K - $169K Price Range

    Blake McWilliams
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $287,000
Previous Owner Petersen Gregory A $390,880
Previous Owner Petersen Gregory A $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/21/2026 05/21/26 Sold $205,000 -2.4% --
04/24/2026 04/24/26 Pending -- -- --
04/13/2026 04/13/26 For Sale $210,000 -- --
Source: Central Illinois Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,018 $38,038 $3,508 $34,530
2024 $2,933 $34,517 $3,183 $31,334
2023 $2,651 $30,819 $2,842 $27,977
2022 $2,651 $30,310 $2,795 $27,515
2021 $2,658 $27,840 $3,394 $24,446
2020 $2,630 $28,846 $3,517 $25,329
2019 $2,588 $27,840 $3,394 $24,446
2018 $2,544 $27,840 $3,394 $24,446
2017 $2,535 $27,840 $3,394 $24,446
2016 $2,483 $27,840 $3,394 $24,446
2015 $2,453 $27,840 $3,394 $24,446
2014 $2,453 $27,840 $3,394 $24,446
2013 $2,453 $27,840 $3,394 $24,446
Source: Public Records

Agents Affiliated with this Home

  • JS

    Seller's Agent in 2026

    Jennifer Swensen

    Century 21 Kima Properties

    (217) 549-5222

    170 Total Sales

    Jennifer Swensen
    Section Image

  • KS

    Buyer's Agent in 2026

    Karol Scrimager

    Century 21 Kima Properties

    (217) 258-6621

    162 Total Sales

    Karol Scrimager
    Section Image
See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6258035

APN: 07-1-05055-000

Illinois Coles County Mattoon 61938

1617 Lafayette Ave, Mattoon, IL

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