1900 Champaign Avenue
Mattoon, IL, 61938
$175,000
Beds
0 Baths
0 SqFt
0.13 Acres
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MLS #6250854 image #0MLS #6250854 image #1MLS #6250854 image #2MLS #6250854 image #3MLS #6250854 image #4MLS #6250854 image #5MLS #6250854 image #6MLS #6250854 image #7MLS #6250854 image #8
Bring your tools. This original 8-unit apartment building is an excellent opportunity for investors looking for strong returns. With rising rental demand in our community, this property is set to deliver a high ROI, once all the units are fully updated.



When fully renovated the potential annual income could easily be over $70,000. This property will cash flow for a savvy investor. The property comes with a garage for storage and an easily accessible basement for more storage.



There are already many building materials purchased for this property that will go with the building.



This investment property has 8 units ready for your special touch. The return on investment will be good when every unit is fully remodeled. The After Repair Value (ARV) will be $360,000. The roof has been replaced and a few units have all new electrical. There is great value in this property.



Selling 2 parcels together (the building and the vacant lot next to it) 07-1-03258-000; 07-2-10035-000.

Property Details

Price:
$175,000
MLS #:
6250854
Status:
ActiveUnderContract
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
Original Town
Listed Date:
Mar 6, 2025
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1953
Original TownMattoon Dist. 2

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Schools

School District:
Mattoon Dist. 2

Interior

Appliances
Gas Water Heater
Cooling
Ductless
Heating
Ductless, Wall Furnace

Exterior

Construction Materials
Wood Siding
Roof
Shingle

Financial

Tax Year
2023
Taxes
$4,192

Map

Community

Market Summary

Current real estate data for Single Family in Mattoon as of Dec 15, 2025
54
Single Family Listed
84
Avg DOM
$149,561
Avg List Price

Property Summary

    Located in the Original Town subdivision, 1900 Champaign Avenue Mattoon IL is a Single Family for sale in Mattoon, IL, 61938. It is listed for $175,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1953. The average listing price for Single Family in Mattoon is $149,561.

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