2516 Pine Avenue, Mattoon, IL 61938
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2516 Pine Avenue,Mattoon, IL 61938
$42,000
- 2 Beds
- 1 Baths
- 2,110 sq. ft.
- Single family
- Active
Listed by: misael chacon
Office: beycome brokerage realty llc.
MLS#:12585954
Source:MLSNI
Price summary
- Price:$42,000
- Price per sq. ft.:$19.91
About this home
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....
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Home facts
- Year built:1907
- Listing ID #:12585954
- Updated:May 07, 2026 at 10:44 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:2,110 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Shake
- Year built:1907
- Building area:2,110 sq. ft.
- Lot area:0.07 Acres
- Levels:1.5 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$42,000
- Price per sq. ft.:$19.91
- Tax amount:$1,543 (2024)
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