For sale Home

Listed Aug 22, 2026

$29,900 Est. $198/mo

109 North 26th Street

  • 2

    Beds

  • 1

    Baths

  • 936

    Sq ft

The story

  • Basement

Experienced Investors Only: Prime value-add opportunity in Mattoon, IL, deeply discounted to $35,000 against an estimated $105,000 market value to reflect active tenant challenges. This 2-bedroom, 1-bath home (936 sq ft on a 50x120 lot with central air and partial basement) offers massive built-in equity for an investor equipped to navigate the post-closing eviction process. Terms are strictly Cash Only, Drive-By Only (do not disturb occupants or request interior access), with the buyer paying all closing costs and taking the property entirely as-is, where-is.

Facts & features

Home type

Home

Year built

1917

Price per sq ft

$32

Included features

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Gas

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$198 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $159
  • Property tax $30
  • Insurance $9

Includes principal, interest, taxes & insurance.

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Listing Broker

Infiniti Properties, Inc.

Broker Name

Infiniti Properties, Inc.

Agent

Daniel Ellington