Active Under Contract
2505 Pine Avenue, Mattoon, IL
  • $1,999,000
  • $2,590,000

Description

This is a portfolio sale that covers 13 parcels across Mattoon and Charleston with a mix of multifamily and single-family rentals. The package includes 22 multifamily units across two addresses plus 11 single-family homes ranging from duplexes to 3-, 4-, 5-, and 6-bedroom properties. All units are currently tenant-occupied and producing income, delivering an in-place 10 cap.

  • Listing Courtesy of: SVN | North Star

Details

Updated on June 17, 2026 at 9:52 pm
  • Property ID MRD12459016
  • Price $1,999,000
  • Year Built 1975
  • Property Type Multi Family
  • Property Status Active Under Contract
  • Parcel Number 07211151000000
  • MLS Status Contingent
  • Co List Agent MLS ID MRD952839
  • Days On Market 286
  • Cumulative Days On Market 289
  • Tax Annual Amount 20655
  • Directions I-57 then follow US-45 S to Dewitt Ave in Mattoon Take N 21st St and Commercial Ave to Pine Ave
  • StoriesTotal 2

Address

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  • Address 2505 Pine Avenue
  • City Mattoon
  • State/county IL
  • Zip/Postal Code 61938
  • Country United States

Overview

Property ID: MRD12459016
  • Multi Family
  • Property Type
  • 1975
  • Year Built

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