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Experienced Investors Only: Prime value-add opportunity in Mattoon, IL, deeply discounted to $35,000 against an estimated $105,000 market value to reflect active tenant challenges. This 2-bedroom, 1-bath home (936 sq ft on a 50x120 lot with central air and partial basement) offers massive built-in equity for an investor equipped to navigate the post-closing eviction process. Terms are strictly Cash Only, Drive-By Only (do not disturb occupants or request interior access), with the buyer paying all closing costs and taking the property entirely as-is, where-is.
Property Type(s):
Single Family
| Last Updated | 8/22/2026 | Year Built | 1917 |
|---|---|---|---|
| Community | Mattoon | County | Coles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Mattoon |
| BASEMENT | Partial, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 50x120 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| TAXES | 1619 |
| WATER | Public |
Location
Listed with Infiniti Properties, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.
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