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2505 Pine Avenue

Mattoon, IL 61938
  • $2,275,000
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: 12459016
UPDATED: 95 min ago
$2,275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

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.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-19T15:15:24.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2505 Pine Avenue Mattoon, IL 61938

  • Price: $2,275,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 95 min ago
  • MLS #: 12459016
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1975
Built
Neighborhood:
Coles
County:
Coles
Area:
Coles
Property 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.
Interior Features

Heat Ventilation Other

Property Features

Additional Parcels YN Yes Approximate Age 36-50 Years Built Before1978 YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Tax Annual Amount 20655 Tax Year 2024 Total Monthly Income 0 Type Multi Family 5+

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of SVN | North Star: 217-367-1700.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-19T15:15:24.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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