2516 Pine Ave
Mattoon, IL 61938
2 Beds
1 Bath
2,110 sqft
2 Beds
1 Bath
2,110 sqft
Home Highlights
Climate Control
Heating & Cooling
Price/Sqft
$18
Listed
150 days ago
Local Information
- Map ViewExplore the area around 2516 Pine Ave.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
One of the best price-per-square-foot investment opportunities currently available under $40,000 in Mattoon. With a square footage price of just 17.50 this approximately 2,110-square-foot property delivers exceptional value with substantially more living space than many homes that have recently sold in the area. Homes of this size at this price point are becoming increasingly difficult to find, making this an exceptional investment for experienced investors seeking a large-scale value-add renovation project. Built in 1910, this spacious home currently features 2 bedrooms, 1 bathroom, an existing kitchen, full bathroom, and established utility connections. The flexible floor plan allows for the creation of a third bedroom by adding a closet to the existing flex room, while the full basement with windows provides additional space with the potential for a fourth bedroom, expanded living area, home office, recreation room, or additional storage. The heavy lifting has already been done, with the interior and exterior clean-out completed, saving the next owner valuable time and expense before renovation begins. With approximately 2,110 square feet of living space, the home's size and flexible layout provide a strong foundation for a complete renovation. Based on a conservative comparable sales analysis, the projected after-renovation value is approximately 160k, with potential to exceed 180k depending on the final layout, bedroom and bathroom configuration, quality of renovation, and current market conditions. Supporting comparable sales and renovation concepts are available upon request. Property is being sold AS-IS. A rare opportunity to acquire a spacious full rehab project where the heavy lifting has already been done.
Home Details for 2516 Pine Ave
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MLS Status: Active |
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Interior Details Basement: Unfinished,FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 2110 Square Feet |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Levels, Entrance, & Accessibility Stories: 1.5Accessibility: No Disability Access |
View No View |
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Exterior Home Features Roof: ShakeFoundation: Other |
Frontage Not on Waterfront |
Water & Sewer Sewer: Unknown |
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Days on Market: 150 |
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Year Built Year Built: 1907 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: FrameNot a New Construction |
Property Information Parcel Number: 07211009000 |
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Price List Price: $37,000Price Per Sqft: $18 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: Mattoon |
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Listing Agent Listing ID: 12585954 |
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Building Area Building Area: 2110 Square Feet |
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HOA Fee Includes: None |
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Lot Area: 3049.2 sqft |
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Special Conditions: Standard |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12585954Attribution Contact: (804) 656-5007 |
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Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes |
Last check for updates: about 1 hour ago
Listing courtesy of: Jeffrey Sklar, (804) 656-5007
Beycome Brokerage Realty LLC
Source: MRED as distributed by MLS GRID, MLS#12585954
Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.
Market trends in Mattoon
Last updated June 2026
Avg. sale price
$125K
$11KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
51
5MoM
Price History for 2516 Pine Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/06/2026 | $37,000 | PriceChange | MRED as distributed by MLS GRID #12585954 |
| 05/12/2026 | $39,000 | PriceChange | MRED as distributed by MLS GRID #12585954 |
| 03/19/2026 | $42,000 | PriceChange | MRED as distributed by MLS GRID #12585954 |
| 03/07/2026 | $46,000 | Listed For Sale | MRED as distributed by MLS GRID #12585954 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,543 |
| Assessment | $54,297 |
Home facts updated by county records
Comparable Sales for 2516 Pine Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $48,000 | 09/04/25 | 2 | 1 | 802 | |
0.04 | Single-Family Home | $200,000 | 09/24/25 | 3 | 2.5 | 1,800 | |
0.04 | Single-Family Home | $125,000 | 05/08/26 | 3 | 2 | 1,916 | |
0.21 | Single-Family Home | $153,000 | 07/29/26 | 3 | 1 | 1,838 | |
0.25 | Single-Family Home | $77,500 | 03/17/26 | 2 | 1 | 1,026 | |
0.25 | Single-Family Home | $52,000 | 11/20/25 | 2 | 1 | 962 | |
0.38 | Single-Family Home | $29,000 | 07/15/26 | 2 | 1 | 1,428 | |
0.15 | Single-Family Home | $130,000 | 03/09/26 | 3 | 1 | 836 |
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Assigned Schools
These are the assigned schools for 2516 Pine Ave.
- Mattoon High School
- 9-12
- Public
- 843 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Mattoon Middle School
- 6-8
- Public
- 598 Students
6/10GreatSchools RatingParent Rating AverageI am very upset knowing my boyfriend finished school faster than the whole school and was still last in the graduation. Didn’t even recognize him that he graduated early. Nor did they even have a spot for him whenever he got there!Other Review2mo ago - Riddle Elementary School
- K-5
- Public
- 586 Students
7/10GreatSchools RatingParent Rating AverageThis school targets disabled children and minimizes their experience. They harass parents who keep their kids at home when their kids are sick. They allow bullying, they allow teachers to bully children (I.e. substitute told a class of 4th graders she was going to set their belongings on fire). Do not send your kids here.They also serve post cards home when your kids are sick to guilt trip them about staying home instead of wishing your kids get better soon ..Absolutely disgracefulParent Review10mo ago 
Check out schools near 2516 Pine Ave.
What Locals Say about Mattoon
At least 56 Trulia users voted on each feature.
100 % Say parking is easy
88 % Say car is needed
84 % Say yards are well-kept
82 % Say it's dog friendly
72 % Say there are sidewalks
70 % Say kids play outside
67 % Say people would walk alone at night
65 % Say it's quiet
64 % Say there's holiday spirit
58 % Say neighbors are friendly
56 % Say streets are well-lit
52 % Say there's wildlife
46 % Say they plan to stay for at least 5 years
45 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jeffrey Sklar, Beycome Brokerage Realty LLC
Agent Phone: (804) 656-5007
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
2516 Pine Ave, Mattoon, IL 61938 is a 2 bedroom, 1 bathroom, 2,110 sqft single-family home built in 1907. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Mar 7, 2026. The MLS # for this home is MLS# 12585954.