Investorlift

$14,990 · MATTOON, IL 61938
Works for flippers · Works for landlords

Sold

$14,990Asking price

2 bd · 1 ba · 940 sq ft · built 1896

MATTOON, IL 61938

Contract on file

via InvestorLift Classic

Listed Oct 8

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $110,000
Asking price: −$14,990
RepairsMiddle of the seller’s $20,000 – $40,000. Ours: $24,000 – $43,500: −$30,000
Loan, holding, closing20% down, 12% interest, 2 points, 72 days: −$4,273
Profit55.2% of ARV · flippers want 10%+: $60,737
Works

Works for a flipper up to $61,000.

RANA REALTY EXPERTS

Azhar Hussain

No reviews yet

Comps

Sales

Rents

ARV $110,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

RANA REALTY EXPERTS

Azhar Hussain

No reviews yet

Seller Description

Property Overview:

Type: Single-Family Home
Size: 940 sqft
Lot size: 7,500 sqft (Both lots combined)
Manufactured Year: 1896

Property Highlights:

The property is in an up and coming section of Mattoon.
Newer HVAC - Solid Mechanicals!
Roof and Siding in decent shape.
Vacant on a lockbox!

Repairs Needed:

The house needs heavy trash out and full interior cosmetic rehab(Kitchen, bathroom, paint, flooring, fixtures) for top ARV as a flip or rental.
Estimated Repair Costs: $20K - $35K - Depending on whether you Flip or Keep as a rental.

Rental Comps: $950-$1,100.

ARV - $110,000+

ARV COMPS:

2317 Marion Ave - Remodeled - 2/1 - 100 sqft Bigger - Sold for $112,000 in 06/2025.

2. 2420 Marion Ave - NOT Remodeled -2/1 - 60 Sqft Bigger - Sold for $108,000.

Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!

Call Azhar Today at 929-551-6360!

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

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ARV $110,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $87,000.

The sales behind this value are shown to members.

Investorlift
IL
Mattoon
61938
MATTOON, IL 61938

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