$29,000
Original price: $33,000
2 Beds
1 Bath
2,110 sqft
2516 Pine Ave, Mattoon, IL 61938
Est. Mortgage $281/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1907
$14/sqft
Local Information
- Map ViewExplore the area around 2516 Pine Ave.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
EXPERIENCED INVESTORS - MATTOON, IL | PRICED TO SELL! NEW PRICE OF JUST $29,000 | LOWEST-PRICED PROPERTY IN MATTOON | READY TO SELL Substantial value-add opportunity at an attractive $29,000 acquisition price of only $13.74/SF. This approximately 2,110-square-foot, 1910-built home provides an experienced investor with the opportunity to renovate, reposition, and create value in a spacious property with a flexible layout. The home features 2 bedrooms, 1 bathroom, a full basement with windows, and a generously sized upstairs flex room with a window, providing potential to add a closet and create a third bedroom. The existing layout may also provide potential for additional bedrooms and bathrooms, subject to buyer verification and local requirements. Sold AS-IS. The heavy lifting has already been done. The property is vacant, the eviction process has been completed, and the interior and exterior cleanout is finished, allowing the next owner to move directly into the renovation and repositioning phase. Clean, insurable title is also in place and ready for its new owner. Potential exit strategies include renovation and resale, rental, or long-term investment, depending on the buyer's objectives and renovation plan. Now priced at just $29,000 and ready for its next owner. An attractive entry point for an investor seeking a value-add opportunity in Mattoon, with a new price of just $29,000 and the heavy lifting already completed.
Last check for updates: about 9 hours 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, MRED as distributed by MLS GRID.
Home Details for 2516 Pine Ave
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MLS Status: Price Change |
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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: 180+ |
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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: $29,000Price Per Sqft: $14 |
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 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 |
Around this home
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.
Market trends in Mattoon
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
—
Available listings
75
10MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
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 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $215,900 | 3 | 2.5 | 1,800 | Off Market | |
0.04 | $225,100 | 5 | 2 | 2,456 | Off Market | |
0.03 | $110,000 | 7 | 3 | - | Recently Sold | |
0.06 | $76,400 | 2 | 1 | 990 | Off Market | |
0.04 | $125,000 | 3 | 2 | 1,916 | Recently Sold | |
0.13 | $50,400 | 2 | 1 | 710 | Off Market | |
0.07 | $221,100 | 5 | 2.5 | 2,252 | Off Market | |
0.14 | $64,800 | 2 | 1 | 624 | Off Market | |
0.15 | $130,000 | 3 | 1 | 836 | Recently Sold | |
0.11 | $35,000 | 2 | 1 | 936 | For Sale | |
0.12 | $186,200 | 4 | 2.5 | 2,103 | Off Market |
Price and Tax history
| Date | Event | Price |
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Sep 17, 2026 Source: MRED as distributed by MLS GRID #12585954 | PriceChange | $29,000 Price decreased by 12% |
Aug 14, 2026 Source: MRED as distributed by MLS GRID #12585954 | PriceChange | $33,000 Price decreased by 11% |
Jul 6, 2026 Source: MRED as distributed by MLS GRID #12585954 | PriceChange | $37,000 Price decreased by 5% |
May 12, 2026 Source: MRED as distributed by MLS GRID #12585954 | PriceChange | $39,000 Price decreased by 7% |
Mar 19, 2026 Source: MRED as distributed by MLS GRID #12585954 | PriceChange | $42,000 Price decreased by 9% |
Mar 7, 2026 Source: MRED as distributed by MLS GRID #12585954 | Listed For Sale | $46,000 |
| Year | Property tax | Tax assessment |
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| 2024 | $1,543 | $54,297 |
Home facts updated by county records
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
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Frequently asked questions about 2516 Pine Ave
- What is the estimated monthly payment for 2516 Pine Ave?Based on a $29,000 list price with 20% down at today's rates, the estimated monthly payment for 2516 Pine Ave in Mattoon, IL is approximately $283 (about $158 principal & interest, $50 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Mattoon?Residents describe Mattoon, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Mattoon, IL.
- What are the closest schools to 2516 Pine Ave?The closest schools to 2516 Pine Ave in Mattoon, IL are Mattoon High School (rated 6/10), Mattoon Middle School (rated 6/10), Riddle Elementary School (rated 7/10).
- Does 2516 Pine Ave have air conditioning?Yes, 2516 Pine Ave in Mattoon, IL has air conditioning.
- Does 2516 Pine Ave have laundry facilities?Yes, 2516 Pine Ave in Mattoon, IL has laundry facilities.
- How big is the lot at 2516 Pine Ave?The lot at 2516 Pine Ave in Mattoon, IL is about 0.07 acres (3,049 sq ft).
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.