For sale

Price cut: $155K (6/1)

$995,000

1301/1305 Lafayette Ave, Mattoon, IL 61938

2beds

1baths

--sqft

$7,046/mo

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Multi Family

Built in 1988

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

ADD to your portfolio with this fully leased 16-unit, 2-building property! Centrally located, within walking distance of needed amenities, this complex is very desirable for tenants - A rare offering. Make your appointment to invest in your future!

196 days

177

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Electric, Radiant

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater, Microwave, Range, Refrigerator

Features

Basement: Unfinished

Interior area

Total structure area: 0
Finished area above ground: 0

Property

Parking

Total spaces: 8
Parking features: Garage
Garage spaces: 8

Features

Levels: Two
Stories: 2

Lot

Size: 0.32 Acres
Dimensions: 100 x 140

Details

Parcel number: 07106038000&6037
Zoning: R-3
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1988

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Curyeas Add

Location

Region: Mattoon

Financial & listing details

Annual tax amount: $12,380
Date on market: 1/10/2026
Cumulative days on market: 197 days
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/1/2026	Price change	$995,000-13.5%
Source: CIBR #6256653 Report a problem
3/17/2026	Price change	$1,150,000-4.2%
Source: CIBR #6256653 Report a problem
1/11/2026	Listed for sale	$1,200,000+200%
Source: CIBR #6256653 Report a problem
5/18/2021	Sold	$400,000
Source: CIBR #6210190 Report a problem
3/31/2021	Pending sale	$400,000
Source: CIBR #6210190 Report a problem
3/17/2021	Listed for sale	$400,000
Source: CIBR #6210190 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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