Active - House for sale
2516 Pine Ave, Mattoon, IL 61938
Facts & features
Why you’ll love it
- Renovated
ATTENTION EXPERIENCED INVESTORS — MATTOON, IL | PRICED TO SELL AT JUST $33,000. Priced to sell at just $33,000 ($15.64/SF), this 2,110-square-foot, 1910-built home features an attractive value-add opportunity for an experienced investor. Sold AS-IS. This fixer-upper is best suited for an experienced investor who has experience renovating and repositioning homes and recognizes the potential to create value through improvements. The home features 2 bedrooms, 1 bathroom, a full basement with windows, and a generously sized upstairs flex room with a window, offering potential to add a closet and create a third bedroom. The flexible layout may also allow for a 4-bedroom, 2-bathroom configuration, potentially increasing rental and resale appeal. This property presents significant upside potential for the right buyer willing to invest in updates and improvements. Potential strategies include renovation and resale or long-term rental. The heavy lifting has already been done: the property is vacant, the eviction process is complete, and interior and exterior cleanout is finished. Title is clean and insurable and ready for its new owner. Easy Show Easy Close.
Listed by: Misael Chacon • (804) 656-5007 • Beycome Brokerage Realty LLC
Co-listed by: Beycome Brokerage Realty LLC
Source: Beycome, MLS#: 17076287
Based on information as of Sep 02, 2026 at 07:30am EDT.
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Affordability
$167/mo
- Mortgage$167
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Mattoon
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
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Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright Beycome ©2026. Based on information as of Sep 02, 2026 at 07:30am EDT.