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2516 Pine Avenue Mattoon, IL 61938 Residential - Single Family Price Change

  • 2516 Pine Avenue, Mattoon, IL 61938 Main Photo

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Description

ATTENTION EXPERIENCED INVESTORS - MATTOON, IL | $33,000 Priced at only $33,000 - this one is priced to move. Sold AS-IS. Experienced investors only. At just $15.64 per square foot, this approximately 2,110-square-foot home delivers the kind of square footage and upside that experienced investors know is nearly impossible to find at this price point. The lowest price-per-square-foot investment opportunity currently available in all of Mattoon, IL - and it won't last long. The 1910-built home currently features 2 bedrooms, 1 bathroom, a full basement with windows, and a generously sized upstairs flex room with a window - large enough to add a closet and convert into a third bedroom. Thanks to its generous size and flexible layout, this home has the potential to be configured as a 4 bedroom, 2 bathroom home, significantly increasing its after-renovation appeal and value. Excellent rental income potential and/or resale value. The heavy lifting has already been done - with the interior and exterior clean-out already completed, saving you valuable time and money from day one. Clear, clean title - insurable and ready to close fast. Easy show.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 2,110
Built in 1907

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 2,110
County: Coles
Listed By:
Beycome Brokerage Realty LLC 804-656-5007
MRED MLS

Room Information

Bedroom 2: 12X11
Dining Room: 18X12
Family Room: 20X13
Kitchen: 15X8
Laundry: 15X14
Living Room: 20X15
Primary Bedroom: 15X12
$33,000
Est. $311/mo
2beds
1baths
2,110sqft
Price Change Price Reduced $4,000 on August 14th, 2026
BEDS2 BATHS1 full SQUARE FEET2,110 MLS#12585954
STATUSPrice Change PROPERTY TYPEResidential - Single Family

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2516 Pine Avenue, Mattoon, IL 61938.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $33,000$33,000$33,000
Down Payment $6,600$1,155$8,250
Monthly Mortgage Amount $165$202$206
Taxes $46$46$46
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$15$0
Monthly Estimated Total $311$363$352

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