Offered ‘As-Is’ at $35,000, this property is a rare, comprehensive development opportunity for investors and contractors. Located at 1616 Moultrie, the package includes the primary structure plus four contiguous, vacant lots situated directly behind the property. This combination offers a substantial, expansive footprint in a prime Mattoon location.
The site has been cleared and all lots are professionally maintained, mowed, and ready for immediate development. This is a turnkey land advantage for any buyer looking to build, expand the footprint, or create a private estate compound without the overhead of site prep.
Key Value-Add: The home features a modern, permitted 200-amp electrical service panel—a significant high-cost upgrade already integrated into the infrastructure.
This is a cash-transaction priority exit. Due diligence is the responsibility of the buyer. Seller makes no repairs and offers no warranties. Bring your crew and your blueprints to transform this project node into a high-value asset in the Mattoon market
Sold for $5,000
$5,000
1616 Moultrie Ave, Mattoon, IL 61938
2beds
1,729sqft
SingleFamily
Built in 1881
6,970 Square Feet Lot
$-- Zestimate®
$3/sqft
$1,058 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,058/mo
Zestimate® history
Owner options
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$1,058/mo
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$1,058/mo
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$30/mo
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List your homeWhat's special
Site has been clearedSubstantial expansive footprintFour contiguous vacant lots
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 1,729 sqft
Property
Lot
- Size: 6,970 Square Feet
Details
- Parcel number: 07102744000
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1881
Community & HOA
Location
- Region: Mattoon
Financial & listing details
- Price per square foot: $3/sqft
- Tax assessed value: $17,616
- Annual tax amount: $499
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/24/2026 | Listed for sale | $35,000+600%$20/sqft |
Source: Owner Report a problem | ||
| 4/27/2026 | Sold | $5,000-50%$3/sqft |
Source: Public Record Report a problem | ||
| 12/3/2008 | Sold | $10,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $499 -58.3% | $5,872 -56.6% |
| 2023 | $1,197 +2.8% | $13,537 +1.7% |
| 2022 | $1,164 -0.3% | $13,314 +8.9% |
| 2021 | $1,167 +1.1% | $12,229 |
| 2020 | $1,155 +1.8% | $12,229 +0.2% |
| 2019 | $1,134 +2.1% | $12,202 |
| 2018 | $1,111 | $12,202 |
| 2017 | $1,111 +2.2% | $12,202 |
| 2016 | $1,087 +1.2% | $12,202 |
| 2015 | $1,074 | $12,202 |
| 2014 | $1,074 | $12,202 |
| 2013 | $1,074 | $12,202 |
| 2011 | -- | $12,202 |
| 2010 | -- | $12,202 |
| 2009 | -- | $12,202 +7.2% |
| 2006 | -- | $11,387 |
Find assessor info on the county website
Neighborhood: 61938
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Nearby schools
GreatSchools rating
- 7/10Riddle Elementary SchoolGrades: K-5Distance: 2.1 mi
- 6/10Mattoon Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Mattoon High SchoolGrades: 9-12Distance: 1.2 mi
- Illinois
- Coles County
- Mattoon
- 61938
- 1616 Moultrie Ave