511 Broadway Ave APT 101, Mattoon, IL, 61938
About This Home
Enjoy the view from this updated 2-bedroom terrace-level condo. Located across from Peterson Park and just minutes from shopping, Route 16, and Interstate 57, with close proximity to Emerald Acres Sports Connection and Lake Land College, you’re right where you want to be. Whether you’re looking for a great place to raise a family, a convenient home for students attending Lake Land College or Eastern Illinois University, or an easy low-maintenance option for downsizing, this condo offers flexibility to fit a variety of lifestyles. Inside, you’ll find fresh paint and new flooring throughout, plus an L-shaped living and dining area that gives you flexibility for everyday living or entertaining. Key updates include paint and flooring (2026), range (2018), refrigerator (2019), replacement windows (2019), and electric water heater (2016). The $150/month HOA covers water, trash, lawn care, snow removal, and maintenance of both the building and common areas—keeping things simple and low-maintenance. Additional features include a small storage space and a reserved parking spot under the carport. Please note: owner-occupied only—no rentals and no pets allowed.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1973
Type & Style
- Home type: Condo
Interior
Appliances
- Appliances included: Microwave,Range / Oven,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Replacement Windows,Smoke Alarm
Heating & Cooling
- Heating features: Forced air,Electric
- Cooling features: Central
Interior Area
- Total interior livable area: 811 sqft
Property
Details
- Parcel number: 07215223000
- Zoning: Other
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Winter Weather
- Drought
- Earthquake
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $505 | $6,060 |
| Home Insurance * | $111 | $1,332 |
| Property Taxes | $143 | $1,716 |
| Electricity | $130 | $1,569 |
| Total | $889 | $10,668 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Price change | $113,000 |
| 2026-05-05 | Price change | $118,000 |
| 2026-05-02 | Listed for sale | $120,000 |
| 2025-10-30 | Sold | $75,554 |
| 2025-09-21 | Pending sale | $82,500 |
| 2025-09-18 | Listed for sale | $82,500 |
| 2020-07-20 | Sold | $57,500 |
| 2020-07-06 | Pending sale | $60,000 |
| 2020-04-29 | Price change | $60,000 |
| 2020-02-18 | Listed for sale | $62,500 |
| 2012-01-13 | Sold | $51,500 |
View on Zillow