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Mattoon, IL Residential Income Properties for Sale

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Three Homes on Corner Lot
$134,900

Three Homes on Corner Lot

2502 Pine Ave, Mattoon, IL 61938

Three residential income properties on a large corner lot.

  • Three Homes on One Large Corner Lot
  • Investment Opportunity: All Homes Currently Rented
  • Downtown Mattoon Location
  • Off‑Street Parking
  • Proximity to Amenities: Half Mile to Restaurants, Groceries, and Amtrak
Updated: Feb 27
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Multi-Family and Commercial Investment
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53,579 SF

Multi-Family and Commercial Investment

4211 Lake Land Blvd, Mattoon, IL 61938

19-unit multi-family and commercial property with consistent gross revenue.

  • 19‑unit Multi‑Family and Commercial property investment opportunity
  • Consistent $135k gross revenue for 3 consecutive years
  • New gutters & roof installed on the apartment building in 2024 (excluding the upper level)
  • TPO layer on the commercial building (4211)
  • Attractive mix of unit types: 11 two‑bed, two‑bath units; 1 one‑bed, one‑bath unit; and 7 studio apartments
Updated: Feb 18
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

22-Space Mobile Home Community
$795,000

22-Space Mobile Home Community

Mobile home community in college town with public utilities.

617 W State St, Charleston, IL 61920
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Student Housing Community Opportunity
Contact for pricing

Student Housing Community Opportunity

Three neighboring student housing communities near Eastern Illinois University.

965 4Th St, Charleston, IL 61920
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Downtown Decatur Mixed-Use Investment
Contact for pricing
11,884 SF

Downtown Decatur Mixed-Use Investment

Mixed-use property with commercial and residential spaces in Decatur.

248 N Park St, Decatur, IL 62523
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248 N Park St, Decatur, IL
$675,000
11,884 SF

248 N Park St, Decatur, IL

Mixed-use properties • 11,884 SF

248 N Park St, Decatur, IL 62523
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Explore Off-Market Properties in Mattoon, IL

Consider similar Off-Market properties in Mattoon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1020 Wabash Ave

1020 Wabash Ave

Multifamily properties • 0.16 Acres
Value Estimation by Request
1020 Wabash Ave, Mattoon, IL 61938
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909 21St St

909 21St St

Multifamily properties • 17,632 SF
Value Estimation by Request
909 21St St, Mattoon, IL 61938
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Mattoon, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 6 residential income properties for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 6,970 square feet of properties for sale, with an estimated market value of $134,900.

Sale prices for residential income properties in Mattoon, IL start at $0.00, averaging $33,725, and reaching up to $134,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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