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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.

Agent Description

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

2 stories
1 full
1907

Amenities

A/C

Monthly Cost Estimate

$209/mo

20% down · 6.5% · 30 years

Principal$28
Interest$169
Insurance$11

Estimates only. Actual payments may vary.

Location

2516 Pine Avenue

Mattoon, IL 61938

Property Details

Construction

Frame

Heating

Natural Gas

Cooling

Central Air

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.

JS

Jeffrey Sklar

Agent at Beycome Brokerage Realty LLC

(804) 656-5007

Listed by Beycome Brokerage Realty LLC · View on Broker Site

MLS# 12585954· Source: listhub· Updated 87 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2516 Pine Avenue, Mattoon, IL 61938

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