REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 29,000
Est. payment /mo
Price Dropped by $4K
2516 Pine AVE Mattoon, IL 61938
2 Beds
1 Bath
2,110 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 2,110 sqft
Price per Sqft $13
MLS Listing ID 12585954
Bedrooms 2
Full Baths 1
Year Built 1907
Annual Tax Amount $1,543
Tax Year 2024
Lot Size 3,049 Sqft
Lot Dimensions 300x100
Property Sub-Type Detached Single
Property Description
EXPERIENCED INVESTORS - MATTOON, IL | PRICED TO SELL! NEW PRICE OF JUST $29,000 | LOWEST-PRICED PROPERTY IN MATTOON | READY TO SELL Substantial value-add opportunity at an attractive $29,000 acquisition price of only $13.74/SF. This approximately 2,110-square-foot, 1910-built home provides an experienced investor with the opportunity to renovate, reposition, and create value in a spacious property with a flexible layout. The home features 2 bedrooms, 1 bathroom, a full basement with windows, and a generously sized upstairs flex room with a window, providing potential to add a closet and create a third bedroom. The existing layout may also provide potential for additional bedrooms and bathrooms, subject to buyer verification and local requirements. Sold AS-IS. The heavy lifting has already been done. The property is vacant, the eviction process has been completed, and the interior and exterior cleanout is finished, allowing the next owner to move directly into the renovation and repositioning phase. Clean, insurable title is also in place and ready for its new owner. Potential exit strategies include renovation and resale, rental, or long-term investment, depending on the buyer's objectives and renovation plan. Now priced at just $29,000 and ready for its next owner. An attractive entry point for an investor seeking a value-add opportunity in Mattoon, with a new price of just $29,000 and the heavy lifting already completed.
Location
State IL
County Coles
Area Confidential Commercial Listings
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Exterior
Roof Type Shake
Building
Dwelling Type Detached Single
Building Description Frame, No
Sewer Unknown
Water Public
Level or Stories 1.5 Story
Structure Type Frame
New Construction false
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition Standard
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Misael Chacon of Beycome Brokerage Realty LLC