For Sale31d on marketHistoric · 119 yrs
2516 Pine Ave
Mattoon, IL, 61938 • 61938 • Coles County
$42,000
$20/sqft
-$4,000 since Mar 19, 2026
Down payment assistance available
2Beds
1Baths
2,110Sqft
0.07 acLot
1907Built
Property DNA
Character Home
Built 1907 · 119 years of history
This home is getting attention
Listed 31 days ago · 884 views · 23 saves
Market activity
Demand and pricing signals for this listing
884 views
People checking out this listing
23 saves
Buyers have saved this home
31 days on market
Established listing
$20/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 44% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1907 · Historic
Experienced Investor Opportunity - Value-Add Potential This spacious 2BR / 1BA home features over 2,100 sq ft of living space and presents a strong value-add opportunity for an experienced investor or rehab buyer looking for their next project. Built in 1910, the property features a functional layout with an upstairs flex room that has the potential to be converted into a 3rd bedroom, adding additional value. The basement provides space for storage or future use. The home has already undergone an extensive interior and exterior clean-out, allowing the next owner to begin renovations without the added time and expense of debris removal. This property is best suited for an experienced investor or buyer comfortable taking on a renovation project. Provides an opportunity to add value through improvements and reposition the property for rental or resale. Property is being sold AS-IS with no guarantees or warranties. Buyers are encouraged to complete their own due diligence. Quick close available.
Standout features identified
Our analysis highlights upstairs flex room and functional layout as key attractions of this home.
Estimated monthly payment
Based on current rates
$274/month
Principal & Interest$218
Property Tax$42
Insurance$14
Down payment20% ($8,400)
3%50%
Est. 6.75% rate · 30yr fixed · $33,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1907
HeatingNatural Gas
CoolingCentral Air
Parking0 spaces
Lot3,049 sqft
Days on Zillow31 Days
Price/sqft$20
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1907
Stories1
Systems
HeatingNatural Gas
CoolingCentral Air
RoofShake
ConstructionFrame
Water / SewerPublic / Unknown
Parking & Outdoor
BasementUnfinished,Full
Lot3,049 sqft
Location & Tax
Neighborhood61938
Annual tax$1,543
Parcel07211009000
Bathrooms & Fees
Full baths1
Features & details
4 categories of property features
Interior Features
Heating
Natural Gas
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Construction
Frame
Room details
19 rooms detailed
Master Bedroom
Main15×12 ft180 sqft
Bathroom (Full)
Bedroom2
Main12×11 ft132 sqft
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market31
Tax rate2.05%
Price/sqft$20
On marketMar 7, 2026
PostedMar 7, 2026
MLS statusActive
MLS updatedApr 2, 2026
Tour days6
Views884
Favorites23
How are the schools in Mattoon?
3 schools rated nearby
Location
Mattoon, IL, 61938
Price history
2 events
DateEventPrice$/sqftSource
Mar 19, 2026Price Change$42,000$20MRED as distributed by MLS GRID
Mar 7, 2026Listed For Sale$46,000$22MRED as distributed by MLS GRID
Price Change$42,000
Mar 19, 2026•$20/sqft•MRED as distributed by MLS GRID
Listed For Sale$46,000
Mar 7, 2026•$22/sqft•MRED as distributed by MLS GRID
Tax history
16 years of records
YearTax paidAssessed value
Apr 7, 2024$1,543$18,099
Apr 7, 2023$1,434$16,160
Apr 7, 2022$1,395$15,893
Apr 7, 2021$1,399$14,598
Apr 7, 2020$1,384$14,598
Apr 7, 2019$1,365$14,621
Apr 7, 2018$1,331$14,621
Apr 7, 2017$1,331$14,621
Apr 7, 2016$1,302$14,621
Apr 7, 2015$1,288$14,621
Apr 7, 2014$1,288$14,621
Apr 7, 2013$1,288$14,621
Apr 7, 2011—$14,621
Apr 7, 2010—$14,621
Apr 7, 2009—$14,621
Apr 7, 2006—$13,644
Nearby homes
Neighborhood details
Local context around this listing
Mattoon, IL • Coles County
Nearby cities
ArcolaArthurAshmoreCharlestonHindsboroHumboldtLernaMattoon
Nearby zip codes
6192861938
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](/mls-disclaimers/#17)
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