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Renovated Duplex With Rental Income
For Sale
$85,000

420 N 17th Street, Mattoon, IL 61938

Two-unit residential property with one occupied unit and a refreshed second unit ready for leasing.

Property Size1,466 SF
Price / SF$57.98
Days on Market14

Property Features for 420 N 17th Street

General Information

Standard status Active
Size 1,466 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,281
Listing Agency: Century 21 Kima Properties
Listed By: Kaeden Frederick
Source: Exprealty
Added: Sep 10 Changed: Sep 18 Last Checked: Sep 21 at 12:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Kima Properties

Investment Insights

Based on property information with market context.

This duplex contains 1,466 square feet across two residential units. One unit is currently occupied, while the other has been updated with new flooring, fresh paint, and new carpet and is prepared for a new tenant.

The property is located at 420 N 17th Street in Mattoon, Illinois, placing both units within the city center. Its existing occupancy and completed interior improvements provide a straightforward setup for continued residential leasing.

Key Highlights

  • Two‑unit duplex at 420 N 17th Street, Mattoon, IL 61938
  • 1,466 square feet of residential property
  • One unit is currently rented

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Daycare Center Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 61938, IL

20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with one occupied unit and a refreshed second unit ready for leasing.
Where is this duplex located?
The property is located at 420 N 17th Street Mattoon, IL.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Two‑unit duplex at 420 N 17th Street, Mattoon, IL 61938; 1,466 square feet of residential property; One unit is currently rented
More about this property
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