2505 Pine Ave Mattoon, IL 61938
Estimated payment $12,508/month
About This Home
This is a portfolio sale that covers 13 parcels across Mattoon and Charleston with a mix of multifamily and single-family rentals. The package includes 22 multifamily units across two addresses plus 11 single-family homes ranging from duplexes to 3-, 4-, 5-, and 6-bedroom properties. All units are currently tenant-occupied and producing income, delivering an in-place 10 cap.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,655
Year Built
- Built in 1975
Lot Details
- Lot Dimensions are 300 x 100
- Additional Parcels
Home Design
- Rooming House
Interior Spaces
- 2-Story Property
Community Details
- 13 Units
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/07/2026 06/07/26 | Pending | -- | -- | -- |
| 04/26/2026 04/26/26 | Off Market | $1,999,000 | -- | -- |
| 04/17/2026 04/17/26 | Price Changed | $1,999,000 | 0.0% | -- |
| 04/17/2026 04/17/26 | For Sale | $1,999,000 | -12.1% | -- |
| 03/17/2026 03/17/26 | Pending | -- | -- | -- |
| 11/08/2025 11/08/25 | Price Changed | $2,275,000 | -12.2% | -- |
| 08/26/2025 08/26/25 | For Sale | $2,590,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12459016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 2516 Pine Ave
- 2400 Western Ave
- 2800 Pine Ave
- 2301 Charleston Ave
- 2617 Richmond Ave
- 2808 Western Ave
- 2709 Shelby Ave
- 2413 Moultrie Ave
- 721 S 28th St
- 421 N 21st St
- 3017 Marshall Ave
- 3112 Richmond Ave
- 3204 Prairie Ave
- 3121 Champaign Ave
- 2512 Dewitt Ave
- 1621 Edgar Ave
- 808 N 22nd St
- 2505 Dakota Ave
- 1104 S 23rd St
- 1509 Lafayette Ave
Ask me questions while you tour the home.