$39,000
$15K PRICE DROP

2516 Pine Ave Mattoon, IL 61938

Estimated payment $338/month

Total Views 16,994
2 Beds
1 Bath
2,110 Sq Ft
$18 Price per Sq Ft

Highlights

  • Living Room
  • Central Air
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

High-Upside Investment Opportunity | 2BR/1BA | 2,100+ Sq Ft | 3-4BR Potential | Mattoon, IL. Attention investors and rehab buyers-this value-add opportunity is ready for its next owner. This spacious 2BR/1BA home features approximately 2,100 sq ft of living space (buyer to verify), providing a large footprint at an attractive price point with strong upside potential. The property has already been fully cleared inside and out, with eviction completed-saving significant time, cost, and effort for the next investor. The upstairs already has an existing window, making bedroom conversion straightforward. The unfinished basement provides additional usable space with a window already in place, presenting potential for a 4th bedroom (buyer to verify). The home currently has one bathroom on the main level, with existing plumbing that may support adding a second bathroom-enhancing both resale value and rental potential. With approximately 2,100 sq ft, this property is larger than many comparable homes in the area, allowing multiple exit strategies including resale or rental. Recent comparable 3-4 bedroom homes have sold in the $175,000-$210,000 range; buyer to verify comps. Interior and exterior cleanout completed. Property secured. Ready for rehab. Clear title. Fast and easy closing. Easy to show. Sold AS-IS. Quick close available. Buyer to perform all due diligence. Serious inquiries only.

Listing Agent

Misael Chacon

Beycome brokerage realty LLC License #471021523 Listed on: 03/06/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1907

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 300x100

Home Design

  • Frame Construction
  • Shake Roof

Interior Spaces

  • 2,110 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Type Unknown

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,543

Year Built

Built in 1907

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1907
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Price Change
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 2110
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2110
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2110

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Roof: Shake
  • Waterfront: No

Utilities

  • Sewer: Unknown
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 300x100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1543
  • Tax Year: 2024

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 $1,543 $18,099 $6,444 $11,655
2023 $1,395 $16,160 $5,754 $10,406
2022 $1,395 $15,893 $5,659 $10,234
2021 $1,399 $14,598 $5,198 $9,400
2020 $1,384 $15,125 $5,386 $9,739
2019 $1,365 $14,621 $1,827 $12,794
2018 $1,340 $14,621 $1,827 $12,794
2017 $1,336 $14,621 $1,827 $12,794
2016 $1,308 $14,621 $1,827 $12,794
2015 $1,288 $14,621 $1,827 $12,794
2014 $1,288 $14,621 $1,827 $12,794
2013 $1,288 $14,621 $1,827 $12,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 Price Changed $39,000 -7.1% $18 / Sq Ft
03/19/2026 03/19/26 Price Changed $42,000 -22.6% $20 / Sq Ft
03/06/2026 03/06/26 For Sale $54,297 -- $26 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12585954

Midwest Real Estate Data (MRED)

APN: 07-2-11009-000

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