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$29,000

Listing Price

2beds

1baths

2,110sqft

3,485sqft lot

2516 Pine Ave, Mattoon, IL 61938

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

13.74

Price / sqft

1907

Year built

Home Details

High-Upside Investment Opportunity | 2BR/1BA | 2,100+ Sq Ft | 3-4BR Potential | Mattoon, IL. Attention investors and rehab buyers-this value-add opportunity is ready for its next owner. This spacious 2BR/1BA home features approximately 2,100 sq ft of living space (buyer to verify), providing a large footprint at an attractive price point with strong upside potential. The property has already been fully cleared inside and out, with eviction completed-saving significant time, cost, and effort for the next investor. The upstairs already has an existing window, making bedroom conversion straightforward. The unfinished basement provides additional usable space with a window already in place, presenting potential for a 4th bedroom (buyer to verify). The home currently has one bathroom on the main level, with existing plumbing that may support adding a second bathroom-enhancing both resale value and rental potential. With approximately 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 3-4 bedroom homes have sold in the $175,000-$210,000 range; buyer to verify comps. Interior and exterior cleanout completed. Property secured. Ready for rehab. Clear title. Fast and easy closing. Easy to show. Sold AS-IS. Quick close available. Buyer to perform all due diligence. Serious inquiries only.

Interior Details

Square Feet
  • 2110

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3485

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,364

$1,827

$12,794

--%

$14,621

2017

$1,330

$1,827

$12,794

--%

$14,621

2017

$1,330

$1,827

$12,794

--%

$14,621

2016

$1,302

$1,827

$12,794

--%

$14,621

2011

$1,287

$1,827

$12,794

--%

$14,621

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Average Home Price in 61938

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$154,721

4 Beds

1 Baths

1,859 Sqft

6,106 Lot (sqft)

Sold 08/07/2026

$106,195

3 Beds

1 Baths

2,013 Sqft

7,200 Lot (sqft)

Sold 05/26/2026

$127,843

3 Beds

2 Baths

1,916 Sqft

5,500 Lot (sqft)

Sold 10/12/2026

$73,018

6 Beds

3 Baths

2,328 Sqft

4,792 Lot (sqft)

Sold 10/13/2026

$136,296

4 Beds

2 Baths

2,217 Sqft

14,157 Lot (sqft)

Sold 10/13/2026

$96,720

5 Beds

2 Baths

2,259 Sqft

7,100 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
29,000
$
Down payment
5,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
174
$
HOA (Monthly)
0
$
PMI
0
$
$188
Your Payment
Total Monthly Payment:$188
Percent of Income:3%
Affordable:Yes

Details for 2516 PINE AVE

Property Debt

Foreclosure Contact Details