1621 Edgar Avenue, Mattoon, IL 61938

Mattoon
Local realty services provided by:Better Homes and Gardens Real Estate Service First
1621 Edgar Avenue,Mattoon, IL 61938
$82,500
  • 3 Beds
  • 2 Baths
  • 1,560 sq. ft.
  • Single family
  • Active
Listed by: blake mcwilliams
Office: keller williams-trec
MLS#:6261839
Source:IL_CIBOR

Price summary

  • Price:$82,500
  • Price per sq. ft.:$52.88

About this home

Turnkey rental investment in Mattoon, IL. 1621 Edgar Ave is a fully renovated 3-bed, 2-bath single-family home currently leased at $1,200/month ($14,400/year gross). At the $82,500 list price, that's a 17.5% gross rent yield and a 5.7 gross rent multiplier. Recent renovations include a brand-new kitchen, LVP flooring through the main living areas and fresh paint throughout, so near-term capital needs are low. Two full baths, a main-floor bedroom and main-floor laundry make it a layout tenants stay in. 1,560 sq ft on a 0.08-acre lot in Mattoon School District 2, outside the FEMA flood zone (Zone X), close to shopping, dining and U.S. 45. A strong fit for investors adding cash-flowing single-family inventory in Coles County. Tenant occupied; showings with 48-hour notice only. Rent and expense details available to qualified buyers.

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Home facts

  • Year built:1892
  • Listing ID #:6261839
  • Added:3 day(s) ago
  • Updated:November 13, 2026 at 04:49 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Kitchen Description:Oven, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:1,560 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Gas

Structure and exterior

  • Year built:1892
  • Building area:1,560 sq. ft.
  • Lot area:0.08 Acres
  • Construction Materials:Masonite
  • Exterior Features:Patio
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$82,500
  • Price per sq. ft.:$52.88
  • Tax amount:$1,124 (2024)

Features and amenities

  • Appliances:Gas Water Heater, Oven, Range, Refrigerator
  • Laundry features:Laundry Main Level

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