For SaleHistoric · 109 yrs

1617 Lafayette Ave

Mattoon, IL, 61938 • 61938 • Coles County

$210,000

Down payment assistance available

4Beds

4Baths

0.16 acLot

1917Built

Property DNA

3 highlights

Character Home

Built 1917 · 109 years of history

6-Car Garage

Garage

Just Listed

Listed Apr 13, 2026

Market activity

Demand and pricing signals for this listing

124 views

People checking out this listing

4 saves

Buyers have saved this home

About this home

Multi Family · Built 1917 · Historic

Well-maintained 4-unit investment property with long-term tenants and immediate cash flow. Each one-bedroom unit includes its own washer and dryer. Updated plumbing and electrical already in place. Prime location near shopping and directly across from Friendship Park. Strong, stable investment with low-maintenance appeal.

Estimated monthly payment

Based on current rates

$1,369/month

Principal & Interest$1,089

Property Tax$210

Insurance$70

Down payment20% ($42,000)

3%50%

Est. 6.75% rate · 30yr fixed · $168,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeQuadruplex, Multi Family

Year Built1917

HeatingElectric, Forced Air, Gas

CoolingWindow Unit(s)

Parking6 Garage spaces

Days on Zillow0

Property

Home typeMulti Family

Sub-typeQuadruplex, Multi Family

Year built1917

Stories2

Systems

HeatingElectric, Forced Air, Gas

CoolingWindow Unit(s)

RoofShingle,Shake

ConstructionVinyl Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingGarage

Garage6 spaces

BasementCrawl Space

Lot6,969 sqft

Location & Tax

Neighborhood61938

ZoningRES

Annual tax$2,933

Parcel07105055000

Features & details

5 categories of property features

Interior Features

Appliances

Dryer

Electric Water Heater

Gas Water Heater

Range

Refrigerator

Washer

Heating

Electric

Forced Air

Gas

Cooling

Window Unit(s)

Exterior Features

Parking

Garage

Construction

Vinyl Siding

Listing insights

Market data and value estimates

StatusFor Sale

Tax rate2.05%

On marketApr 13, 2026

PostedApr 14, 2026

MLS updatedApr 14, 2026

Tour days9

Favorites4

How are the schools in Mattoon?

3 schools rated nearby

Arland D Williams Jr Elementary School

Elementary • Public • K-5

1.1 mi

Mattoon Middle School

Middle • Public • 6-8

0.8 mi

Mattoon High School

High • Public • 9-12

0.7 mi

Location

Mattoon, IL, 61938

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Apr 14, 2026Listed For Sale$210,000—CIBR

Listed For Sale$210,000

Apr 14, 2026•CIBR

Tax history

15 years of records

YearTax paidAssessed value

Apr 15, 2024$2,933$34,517

Apr 15, 2023$2,725$30,819

Apr 15, 2022$2,651$30,310

Apr 15, 2021$2,658$27,840

Apr 15, 2020$2,630$27,840

Apr 15, 2019$2,588$27,840

Apr 15, 2018$2,534$27,840

Apr 15, 2017$2,534$27,840

Apr 15, 2016$2,480$27,840

Apr 15, 2015$2,453$27,840

Apr 15, 2014$2,453$27,840

Apr 15, 2013$2,453$27,840

Apr 15, 2011—$27,840

Apr 15, 2010—$27,840

Apr 15, 2009—$27,840

Nearby homes

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Off Market

2 ba3,200 sqft

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Off Market

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$130,100

4 bd2 ba1,920 sqft

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Off Market

$66,612

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Neighborhood details

Local context around this listing

Mattoon, IL • Coles County

Nearby cities

ArcolaArthurAshmoreCharlestonHindsboroHumboldtLernaMattoon

Nearby zip codes

6192861938

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Value estimates

Live

30yr rate est.6.75%

Affordability$1,461/mo

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