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$42,000 -$4,000 (-8.7%) Price Reduced
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Property Description
INVESTOR OPPORTUNITY - LIGHT REHAB This spacious 2BR / 1BA home features over 2,100 sq ft of living space and is in overall solid, livable condition, making it a great opportunity for those seeking a light cosmetic renovation rather than a full rehab. Built in 1910, the property features a functional layout with an upstairs flex room that can 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 improvements to begin right away without the added time and expense. Updates are primarily cosmetic, offering a straightforward opportunity to enhance the interior and exterior. Suitable for a variety of uses, including rental or resale potential. May also accommodate senior or shared living arrangements, subject to buyer verification. Property is being sold as-is with no guarantees or warranties. Buyers are encouraged to complete their own due diligence. Quick close available.
Full Property Details
Full Property Details for 2516 Pine Ave
General
- Price: $42,000
- Taxes: $1,543 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12585954
- Updated: 3/19/2026
- Added to Site: 44 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- Area: Confidential Commercial Listings
- County: Coles
- Township: Coles County
- Driving Directions: Drive west on Broadway Ave. Right to South 21st St. Left to Commercial Ave. Keep right to take Pine Ave. Property is on the right.
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Other
- Roof: Shake
- Square Feet: 2,110
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1907
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 300 x 100
Financial Considerations
- Assessment Year: 1907
- Tax Amount: $1,543
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 7211009000
Listed by Beycome brokerage realty LLC
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Schools
Schools serving 2516 Pine Ave
School District:Mattoon Community Unit School District 2
| Name | Grades | Distance |
|---|---|---|
Riddle Elementary School, Mattoon, IL 4201 Western Avenue, Mattoon, IL 61938 | K-5 | 1.5 mi |
Mattoon Middle School 1200 South 9th Street, Mattoon, IL 61938 | 6-8 | 1.5 mi |
Mattoon High School 2521 Walnut Avenue, Mattoon, IL 61938 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2516 Pine Ave
Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$42,000
-8.7%
MLS
3/06/2026
Listed
$46,000
—
MLS
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 2516 Pine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2020
$1,384
—
$16,160
2%
2020
$1,384
—
$15,893
9%
2020
$1,384
—
$14,598
-3%
2020
$1,384
1%
$15,125
3%
2019
$1,365
3%
$14,621
—
2017
$1,331
2%
$14,621
—
2016
$1,302
1%
$14,621
—
2011
$1,288
—
$14,621
—
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 2516 Pine Ave
2516 Pine Avenue, Mattoon, IL 61938 (MLS# 12585954) is a Single Family property with 2 bedrooms and 1 full bathroom. 2516 Pine Avenue is currently listed for $42,000 and was received on March 06, 2026. Want to learn more about 2516 Pine Avenue? Do you have questions about finding other Single Family real estate for sale in Mattoon? You can browse all Mattoon real estate or contact a Coldwell Banker agent to request more information.
