2516 Pine Avenue Mattoon, IL $ 39,000
2516 Pine Avenue
$ 39,000
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2516 Pine Avenue

Mattoon, IL, 61938
$ 39,000
Bedrooms2 Baths1.0 Sq 2,110

Monthly Estimate*

$ 240

2516 Pine Avenue, Mattoon, IL 61938 - Image 1
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Single Family Home for sale in Mattoon, IL

for $39,000 with 2 bedrooms and 1 full bath. This 2,110 square foot home was built in 1907 on a lot size of 0.07.

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.

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Single Family Active

Price

$ 39,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,543

Style

Lot Size

0.07

Year Built

1907

Town/City

Mattoon

County/Region

Coles

MLS | Web ID

12585954

Features
General
Living Area 2110
Sewer Unknown
Heating Natural Gas
Cooling Central Air
Possession Negotiable
Roof Shake
Association Fee Includes None
Construction Materials Frame
Year Built 1907
Township Coles County
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Coles
New Construction N
Property Type Residential Detached Single
Total Rooms 6
Full Baths 1
Status Price Change
Directions Drive west on Broadway Ave. Right to South 21st St. Left to Commercial Ave. Keep right to take Pine Ave. Property is on the right.
City Mattoon
MLS Area Confidential Commercial Listings
Tax Annual Amount 1543
Standard Status Active
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Interior
Basement Unfinished Full
Half Baths 0
Total Bedrooms 2
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 2
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Exterior
Water Source Public
Total Parking 0
Foundation Details Other
Lot Dimensions 300x100
Lot Size Acres 0.07
Waterfront Y/N N
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* Excluded Features
List By
Beycome Brokerage Realty Llc

Broker

contact@beycome.com

Email

Affordability Calculator

$369
Per Month
65%
35%
0%
Monthly Principal & Interest
$240
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$39,000 -7.14% Price Down
3/19/2026$42,000 -8.70% Price Down
3/7/2026$46,000 Listed Price

Map


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2516 Pine Avenue, Mattoon, IL, 61938 is a Single Family Home for sale at $39,000 with 2,110 sqft and a lot size of 0.07. 2516 Pine Avenue has 2 bedrooms, 1.0 baths, and was built in 1907. The property's zip code is 61938 which is in Mattoon, IL