$134,900
$5K PRICE DROP

2502 Pine Ave Mattoon, IL 61938

Estimated payment $940/month

Total Views 64,603
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Three for One -- calling all investors! Featuring three homes on a large corner lot in downtown Mattoon, this is your next big opportunity. 2502 Pine Ave features 3 Bedrooms with one full bathroom. The other two homes, 2504 Pine Ave and 121 25th Street, each offer two bedrooms and one full bathroom. Off-street parking. Half a mile to restaurants, groceries, Amtrak, and more! Don't let this one get away! All three homes are rented and must be purchased together.

Listing Agent

Ryan Dallas

Ryan Dallas Real Estate License #475143433 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1900

Home Design

  • Triplex
  • Shingle Roof

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot

Community Details

  • 3 Units
  • Noyes Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-2-11013-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,937

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Directions: From Charleston Ave: Turn right onto 24th St for three blocks. Turn left onto Commercial Ave. Immediate right turn onto Pine Ave. Property will be on the right.
  • Lot Size Acres: 0.12
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Noyes Add
  • Year Built: 1900
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 07-2-11013-000
  • Zoning: COM

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2937.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $2,937 $34,471 $2,127 $32,344
2023 $2,728 $30,778 $1,899 $28,879
2022 $2,653 $30,270 $1,868 $28,402
2021 $2,661 $27,804 $1,716 $26,088
2020 $2,632 $28,808 $1,778 $27,030
2019 $2,592 $27,804 $1,716 $26,088
2018 $2,546 $27,804 $1,716 $26,088
2017 $1,992 $27,804 $1,716 $26,088
2016 $1,949 $27,804 $1,716 $26,088
2015 $2,045 $25,272 $2,110 $23,162
2014 $2,045 $24,200 $2,110 $22,090
2013 $2,045 $23,220 $2,110 $21,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Price Changed $134,900 -3.6% --
07/15/2025 07/15/25 For Sale $139,900 -- --
Source: Central Illinois Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Deed $922,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,500 FHA
Previous Owner $1,708,000 New Conventional
Source: Public Records

Source: Central Illinois Board of REALTORS®

MLS Number: 6253126

APN: 07-2-11013-000

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