Apartment Building

Pana, IL Apartment Buildings for Sale

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Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Cowden, IL Moweaqua, IL Witt, IL
Apartment Building with Coin Laundry
Updated: Sep 15
Apartment Building with Coin Laundry

300 E 2nd St, Pana, IL 62557

$179,000
2,116 sqft
Seven one‑bedroom, one‑bathroom apartment units
All units currently leased
2,116‑square‑foot apartment property built in 1890
New roof installed in 2024
Apartment #4 renovated
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1 active listing matches your search: Apartment Building for sale in Pana, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$399,999
9 units  1 building  Built 1950  0.86 acres
100% occupied  R2

Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

On-site laundry
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18-Unit Apartment Buildings
18-Unit Apartment Buildings

152 & 162 S Dipper Ln, Decatur, IL 62522

$700,000
18 units  2 buildings

Two-building multifamily property with varied apartment layouts, on-site laundry, and dedicated parking.

On-site laundry facility  Dedicated off-street parking
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9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$399,999
9 units  1 building  Built 1950
100% occupied  R2

Residents have access to coin-operated laundry in a shared area.

Utilities to site  On-site laundry
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6-Unit Apartment Building
6-Unit Apartment Building

735 West William Street, Decatur, IL 62522

Contact for pricing
6 units

Six one-bedroom apartments have separate electric meters and connect to city water and sewer.

Utilities to site  6 x 1BR/1BA
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Pana, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Pana, IL on our real estate platform. These investment opportunities span a total of 2,116 square feet of properties for sale, with an estimated market value of $179,000.

Sale prices for apartment complexes in Pana, IL average $179,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,859
Population Growth (5Y) -3.6%
Median Household Income $51,769
College Educated 23.7%

High-Yield Neighborhoods for Investment

Identify Pana submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62557 $179K

Taxes & Financing

Average Loan-to-Value 65.0%

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