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About This Home
This 2-bedroom, 1-bathroom single family at 2516 Pine Avenue in Mattoon, IL is listed for $39,000 ($18 per sqft). Built in 1907, the home offers 2,110 sqft of living space on a 0.07 acres lot.
Built in 1907, this solid and largely livable home features approximately 2,110 sq ft of living space on a 3,049 sq ft lot, located just one mile from historic Cunningham Park in Mattoon. Currently configured as a 2-bed/1-bath, the layout has strong potential to expand to 3 or 4 bedrooms - the upstairs flex room features a window with ample space t
o add a closet, and the unfinished basement with an existing window presents additional bedroom conversion potential. Unlike a full gut rehab, this property has functioning power, water, a working kitchen, and a full bathroom already in place. Primary repair items include a new roof, front and back porch repair, and select brick repair, among others.
Existing plumbing also presents the opportunity to support a second bathroom, further increasing both resale and rental value. This property is priced firmly at $39,000 and reflects the significant work and process already completed on behalf of the next owner - including a fully completed extensive interior and exterior cleanout of a prior hoarder
property and full legal occupancy resolution - giving the next owner a true head start with no hidden expenses already waiting for them. Located minutes from downtown, schools, shopping, and local amenities. Sold AS-IS. Serious inquiries only. Don't miss this high-upside investment opportunity.
Key Features
- Built in 1907
- 0.07 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$209/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2516 Pine Avenue
Mattoon, IL 61938
Property Details
Construction
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 2516 Pine Avenue is listed at $39,000 ($18/sqft). The estimated monthly payment is $169 based on 20% down at 6.5% interest.
Key features include: Built in 1907, 0.07 acre lot, 2 stories.
This property is listed by Jeffrey Sklar and can be reached at (804) 656-5007 or broker@beycome.com.



