Well-maintained 4-unit investment property with long-term tenants and immediate cash flow. Each one-bedroom unit includes its own washer and dryer. Updated plumbing and electrical already in place. Prime location near shopping and directly across from Friendship Park.
Strong, stable investment with low-maintenance appeal.
Sold for $205,000
$205,000
1617 Lafayette Ave, Mattoon, IL 61938
4beds
4baths
--sqft
Quadruplex, Multi Family
Built in 1917
-- sqft lot
$196,800 Zestimate®
$--/sqft
$1,089 Estimated rent
Home value
$196,800
$179,000 - $216,000
$1,089/mo
Zestimate® history
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$1,089/mo
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$1,089/mo
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$1,536/mo
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$1,536/mo
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List your homeWhat's special
Updated plumbing and electrical
Zillow last checked:
Listing updated:
Listed by:
Jennifer Swensen 217-258-6621,
Century 21 Kima Properties
Bought with:
Karol Scrimager, 475154758
Century 21 Kima Properties
Source: CIBR,MLS#: 6258035
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric, Forced Air, Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Electric Water Heater, Gas Water Heater, Range, Refrigerator, Washer
Features
- Basement: Crawl Space
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 07105055000
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Foundation: Crawlspace
- Roof: Shingle,Shake
Condition
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Mattoon
Financial & listing details
- Tax assessed value: $103,551
- Annual tax amount: $2,933
- Date on market: 4/13/2026
- Cumulative days on market: 11 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $205,000-2.4% |
Source:  CIBR #6258035 Report a problem | ||
| 4/24/2026 | Pending sale | $210,000 |
Source: CIBR #6258035 Report a problem | ||
| 4/14/2026 | Listed for sale | $210,000 |
Source: CIBR #6258035 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,933 +7.7% | $34,517 +12% |
| 2023 | $2,725 +2.8% | $30,819 +1.7% |
| 2022 | $2,651 -0.3% | $30,310 +8.9% |
| 2021 | $2,658 +1.1% | $27,840 |
| 2020 | $2,630 +1.6% | $27,840 |
| 2019 | $2,588 +2.1% | $27,840 |
| 2018 | $2,534 | $27,840 |
| 2017 | $2,534 +2.2% | $27,840 |
| 2016 | $2,480 +1.1% | $27,840 |
| 2015 | $2,453 | $27,840 |
| 2014 | $2,453 | $27,840 |
| 2013 | $2,453 | $27,840 |
| 2011 | -- | $27,840 |
| 2010 | -- | $27,840 |
| 2009 | -- | $27,840 |
Find assessor info on the county website
Neighborhood: 61938
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Nearby schools
GreatSchools rating
- 6/10Arland D Williams Jr Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Mattoon Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Mattoon High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Mattoon Dist. 2
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Coles County
- Mattoon
- 61938
- 1617 Lafayette Ave
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