Art Geen
Full Circle Realty
(217) 916-2418
53 Total Sales
1 in Mattoon
$128,000 Price
1900 Champaign Ave Mattoon, IL 61938
Mattoon AreaEstimated Value: $147,000
Studio
--
Bath
--
Sq Ft
5,663
Sq Ft Lot
Highlights
- Ductless Heating Or Cooling System
- Wood Siding
- Wall Furnace
About This Home
As of January 2026Bring your tools. This original 8-unit apartment building is an excellent opportunity for investors looking for strong returns. With rising rental demand in our community, this property is set to deliver a high ROI, once all the units are fully updated. When fully renovated the potential annual income could easily be over $70,000. This property will cash flow for a savvy investor. The property comes with a garage for storage and an easily accessible basement for more storage. There are already many building materials purchased for this property that will go with the building. This investment property has 8 units ready for your special touch. The return on investment will be good when every unit is fully remodeled. The After Repair Value (ARV) will be $360,000. The roof has been replaced and a few units have all new electrical. There is great value in this property. Selling 2 parcels together (the building and the vacant lot next to it) 07-1-03258-000; 07-2-10035-000.
Last Agent to Sell the Property
All-American Realty License #475206492 Listed on: 03/06/2025
Last Buyer's Agent
Non Member
Central Illinois Board of REALTORS License ##N/A
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,192
Year Built
- Built in 1953
Lot Details
- 5,663 Sq Ft Lot
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Cellar
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- The owner pays for exterior maintenance, grounds care, hot water, repairs, sewer, taxes, trash collection, water
- Assessor Parcel Number 07-1-03258-000
Community Details
Overview
- 8 Units
- Original Town Subdivision
Building Details
- Operating Expense $4,800
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
Mar 6, 2025
Closed on
Jan 9, 2026
Sold by
Bought by
Seller's Agent
Vance Oliver
All-American Realty
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$199,000
Sold Price
$162,000
Premium/Discount to List
-$37,000
-18.59%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,000
Purchase Details
Closed on
Aug 29, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.5%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mattoon, IL
-
Art Geen
-
Kristen Hutchinson
Kristen Hutchinson
All-American Realty
(217) 993-9041
130 Total Sales
19 in Mattoon
$50K - $360K Price Range
-
Blake McWilliams
Blake McWilliams
RE/MAX Key Advantage
(618) 403-1246
39 Total Sales
9 in Mattoon
$82K - $169K Price Range
-
Diane Otta
Diane Otta
Brinkoetter, Realtors
(217) 859-8481
44 Total Sales
3 in Mattoon
$38K - $98K Price Range
-
Carol Meinhart
Carol Meinhart
Responds QuicklyThe Real Estate Group LLC
(217) 858-4967
774 Total Sales
3 in Mattoon
$833,000 Price Range
-
Tony Lape
Tony Lape
RE/MAX Properties
(217) 858-2320
65 Total Sales
1 in Mattoon
$144,900 Price
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 |
|---|---|---|---|
| $162,000 | None Listed On Document | ||
| $80,000 | 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 | $80,000 |
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 |
|---|---|---|---|---|
| 01/09/2026 01/09/26 | Sold | $162,000 | -7.4% | -- |
| 06/14/2025 06/14/25 | Price Changed | $175,000 | +6.1% | -- |
| 06/06/2025 06/06/25 | Price Changed | $165,000 | -12.7% | -- |
| 04/17/2025 04/17/25 | Price Changed | $189,000 | -5.0% | -- |
| 03/06/2025 03/06/25 | For Sale | $199,000 | -- | -- |
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 | $4,643 | $58,532 | $13,071 | $45,461 |
| 2024 | $4,514 | $53,114 | $11,861 | $41,253 |
| 2023 | $4,077 | $47,423 | $10,590 | $36,833 |
| 2022 | $4,077 | $46,639 | $10,415 | $36,224 |
| 2021 | $3,819 | $40,004 | $9,566 | $30,438 |
| 2020 | $3,777 | $41,448 | $9,911 | $31,537 |
| 2019 | $3,719 | $40,004 | $9,566 | $30,438 |
| 2018 | $3,653 | $40,004 | $9,566 | $30,438 |
| 2017 | $3,641 | $40,004 | $9,566 | $30,438 |
| 2016 | $3,564 | $40,004 | $9,566 | $30,438 |
| 2015 | $2,705 | $30,734 | $6,767 | $23,967 |
| 2014 | $2,705 | $30,734 | $6,767 | $23,967 |
| 2013 | $2,705 | $30,734 | $6,767 | $23,967 |
Source: Public Records
Agents Affiliated with this Home
-
Vance Oliver
Seller's Agent in 2026
Vance Oliver
All-American Realty
(217) 549-9034
108 Total Sales
-
N
Buyer's Agent in 2026
Non Member
Central Illinois Board of REALTORS
Map
Source: Central Illinois Board of REALTORS®
MLS Number: 6250854
APN: 07-1-03258-000
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