2516 Pine Ave
Mattoon, IL 61938
- 2 Beds
- 1 Bath
- 2,110 sqft
2 Beds
1 Bath
2,110 sqft
Local Information
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Description
High-Upside Investment Opportunity | 2BR/1BA Today, 3-4BR Potential | 2,100+ Sq Ft | Mattoon, IL Attention investors and rehab buyers-this value-add opportunity is ready for its next owner. This spacious 2BR/1BA home features over 2,100 sq ft of living space, providing a large footprint at an attractive price point with strong upside potential. The property has already been fully cleared inside and out, saving significant time and clean-out costs so renovations can begin immediately. The upstairs includes a flexible layout with ample space to add a closet and an existing window, making it a straightforward conversion to a true 3rd bedroom. The basement presents additional potential with usable space and a window already in place, creating the possibility for further expansion, subject to buyer verification and local code requirements. The home currently has one bathroom on the main level, with existing plumbing that may support the addition of a second bathroom, adding to both resale value and long-term rental potential. With over 2,100 sq ft, this property is larger than many comparable homes in the area, allowing multiple exit strategies including resale or rental. Recent comparable 3-bedroom homes in the area have sold in the $175,000-$210,000 range. Supporting market data available upon request. Sold AS-IS. Quick close available. Serious inquiries only.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$20
Listed
60 days ago
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 |
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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: 60 |
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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: $42,000Price Per Sqft: $20 |
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: 12585954 |
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Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: NoMRD Address On VOW Display: YesMRD 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: 34 minutes ago
Listing courtesy of: Misael Chacon, (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.
Price History for 2516 Pine Ave
| Date | Price | Event | Source |
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| 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 | $42,000 | 10/27/25 | 3 | 2 | 1,916 | |
0.25 | Single-Family Home | $77,500 | 03/17/26 | 2 | 1 | 1,026 | |
0.19 | Single-Family Home | $115,000 | 07/24/25 | 3 | 1 | 1,400 | |
0.25 | Single-Family Home | $52,000 | 11/20/25 | 2 | 1 | 962 | |
0.15 | Single-Family Home | $130,000 | 03/09/26 | 3 | 1 | 836 | |
0.04 | Single-Family Home | $203,000 | 05/23/25 | 5 | 2 | 2,456 |
Assigned Schools
These are the assigned schools for 2516 Pine Ave.
What Locals Say about Mattoon
At least 54 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
71 % Say there are sidewalks
69 % Say kids play outside
67 % Say people would walk alone at night
64 % Say it's quiet
64 % Say there's holiday spirit
57 % Say neighbors are friendly
57 % Say streets are well-lit
52 % Say there's wildlife
47 % 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
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Misael Chacon, 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.

