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 Ramsey, IL
Fully Occupied Apartment Building
Updated: Jul 6
Fully Occupied Apartment Building

300 E 2nd Street, Pana, IL 62557

$179,000
2,116 sqft 0.26 AC lot
Seven one‑bedroom, one‑bathroom apartments, all currently leased
New roof installed in 2024
Renovated Apartment #4
Coin‑operated laundry area on site
2,116 square feet on a 0.2571‑acre lot
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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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Pana, IL, we suggest exploring several alternatives: 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

$435,000
0.86 AC lot

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

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18-Unit Apartment Buildings
18-Unit Apartment Buildings

152 & 162 S Dipper Ln, Decatur, IL 62522

$700,000

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

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

334 W Main St, Decatur, IL 62522

Contact for pricing
14,500 sqft 0.55 AC lot

Renovated apartments accompany vacant retail and office space in a walkable downtown setting.

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9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

Contact for pricing

Fully occupied multifamily property with mobile homes and shared coin-operated laundry.

View details

Pana, IL Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Pana, IL on our real estate platform. These investment opportunities span a total of 4,232 square feet of properties for sale, with an estimated market value of $358,000.

Sale prices for two-family homes 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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