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$134,900
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Property Description
Three for One -- calling all investors! Featuring three homes on a large corner lot in downtown Mattoon, this is your next big opportunity. 2502 Pine Ave features 3 Bedrooms with one full bathroom. The other two homes, 2504 Pine Ave and 121 25th Street, each offer two bedrooms and one full bathroom. Off-street parking. Half a mile to restaurants, groceries, Amtrak, and more! Don't let this one get away! All three homes are rented and must be purchased together.
Full Property Details
Full Property Details for 2502 Pine Ave
General
- Price: $134,900
- Taxes: $2,937 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12420830
- Updated: 2/15/2026
- Added to Site: 220 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 3
- Parking Features: Yes, Owned
Location
- Area: Mattoon
- County: Coles
- Township: Mattoon
- Driving Directions: From Charleston Ave: Turn right onto 24th St for three blocks. Turn left onto Commercial Ave. Immediate right turn onto Pine Ave. Property will be on the right.
School Information
- School District: 2
- Elem School District: 2
- Midd School District: 2
- High School District: 2
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 51.5 x 100
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1900
- Tax Amount: $2,937
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7211013000000
Listed by Ryan Dallas Real Estate
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Schools
Schools serving 2502 Pine Ave
School District:Mattoon Community Unit School District 2
| Name | Grades | Distance |
|---|---|---|
Mattoon High School 2521 Walnut Avenue, Mattoon, IL 61938 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2502 Pine Ave
Date
Details
Price
Change
Source
10/24/2025
Price Reduced
$134,900
-3.57%
MLS
7/15/2025
Listed
$139,900
86.53%
MLS
2/10/2022
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2502 Pine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2020
$2,632
—
$30,778
2%
2020
$2,632
—
$30,270
9%
2020
$2,632
—
$27,804
-3%
2020
$2,632
2%
$28,808
4%
2019
$2,592
31%
$27,804
—
2017
$1,985
-20%
$27,804
—
2016
$2,477
21%
$27,804
10%
2011
$2,045
—
$25,272
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2502 Pine Ave
2502 Pine Avenue, Mattoon, IL 61938 (MLS# 12420830) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 2502 Pine Avenue is currently listed for $134,900 and was received on July 15, 2025. Want to learn more about 2502 Pine Avenue? Do you have questions about finding other Multi-Family real estate for sale in Mattoon? You can browse all Mattoon real estate or contact a Coldwell Banker agent to request more information.
