Pana, IL Commercial Real Estate for Sale

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Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Ramsey, IL Witt, IL Findlay, IL
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Pole Barn with Open Storage
Updated: Jun 30
Pole Barn with Open Storage

2374 Cold Springs Road, Pana, IL 62557

$200,000
2,400 sqft 14.59 AC lot
14.59‑acre saleable acreage parcel at the edge of Pana
40' x 60' pole barn with new siding plus a 40' x 60' open storage area
Utilities include public sewer and public water, plus a well
Road access noted from Rt 51 to Cold Springs Road
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Corner Automotive Sales Building
Updated: Sep 29, 2025
Corner Automotive Sales Building

200 E 1st St, Pana, IL 62557

$105,000
1,110 sqft
37x30 commercial building on a corner lot in Pana, IL
Located on the corner of Rt. 51, 16 and 29 in a high‑traffic area
Across the street from McDonald's
Currently known as Joes Auto Sales (auto sales property)
Address: 200 East First Street, Pana, IL 62557
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Industrial Warehouse with Dock Doors
Industrial Warehouse with Dock Doors

2285 East 350 North Road, Pana, IL 62557

Contact for pricing
110,000 sqft 19.67 AC lot

A 1974-built industrial warehouse on a 19.67-acre site featuring 20-foot clear heights and four dock-high doors.

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Car Repair Shop with Office
Car Repair Shop with Office

719 Jackson St, Pana, IL 62557

$224,900
4,200 sqft

Automotive repair shop includes three bays and an office within a 35-by-120 building.

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Waterfront Campground Lots
Waterfront Campground Lots

103-105 North 600 East Road, Pana, IL 62557

$39,900
17,835 sqft

Two lakeside lots with covered pavilion, kitchen area, and camper hookup plus utilities already in place.

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Drive-Through Restaurant Opportunity
Drive-Through Restaurant Opportunity

108 E 4th St, Pana, IL 62557

$59,900

Restaurant property with inside seating and a drive-up window for customer orders.

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11.41 Acre Development Site
11.41 Acre Development Site

US 51 & Route 16, Pana, IL 62557

Contact for pricing
11.41 AC lot

Commercial development land for sale with C2 zoning.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Pana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Agricultural Tract with Home and Barn
Agricultural Tract with Home and Barn

17104 East 28th Rd, Nokomis, IL 62075

$649,900
4,874 sqft 60.00 AC lot

Modern 3-bedroom home with heated concrete floors and a 56-by-64 pole barn on income-producing tillable acreage.

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Flex Space with Renovated Garage
Flex Space with Renovated Garage

18 Broadway Street, Herrick, IL 62431

$52,000
0.82 AC lot

Commercial electric, water service, office improvements, and prior heavy-equipment storage use support varied operations.

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Flat Farmland Tract
Flat Farmland Tract

3050 North 3050n, Herrick, IL 62431

$300,000
1,742,400 sqft 40.00 AC lot

A 40-acre tract with mostly Bluford soil and generally flat topography.

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8-Lane Bowling Alley with Restaurant
8-Lane Bowling Alley with Restaurant

100 W Front Street, Nokomis, IL 62075

$380,000

Bar and food-service operation includes an equipped commercial kitchen.

View details

Off-Market Properties in Pana, IL

Consider similar Off-Market properties in Pana, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2519 Illinois Rte 16
COMMERCIAL (GENERAL)

2519 Illinois Rte 16, Pana, IL 62557-6428

$250,000
Estimated value
7.18 AC lot
View details
Pana, IL 62557
COMMERCIAL (GENERAL)

Pana, IL 62557

$245,000
Estimated value
3.29 AC lot
View details
1 4th St
COMMERCIAL (GENERAL)

1 4th St, Pana, IL 62557-1381

$275,000
Estimated value
1.85 AC lot
View details
Pana, IL 62557
COMMERCIAL (GENERAL)

Pana, IL 62557

$260,000
Estimated value
View details
103 2nd St
COMMERCIAL (GENERAL)

103 2nd St, Pana, IL 62557-1419

$245,000
Estimated value
0.04 AC lot
View details
101 2nd St
COMMERCIAL (GENERAL)

101 2nd St, Pana, IL 62557-1419

$255,000
Estimated value
0.04 AC lot
View details
Pana, IL 62557
COMMERCIAL (GENERAL)

Pana, IL 62557

$140,000
Estimated value
2,747 sqft 2.81 AC lot
View details
201 Poplar St
COMMERCIAL (GENERAL)

201 Poplar St, Pana, IL 62557-1609

$235,000
Estimated value
0.22 AC lot
View details
Pana, IL 62557
VACANT COMMERCIAL LAND

Pana, IL 62557

$245,000
Estimated value
0.07 AC lot
View details
125 Locust St
COMMERCIAL (GENERAL)

125 Locust St, Pana, IL 62557-1429

$60,000
Estimated value
0.26 AC lot
View details
211 Poplar St
COMMERCIAL (GENERAL)

211 Poplar St, Pana, IL 62557

$55,000
Estimated value
0.59 AC lot
View details
Chestnut St
COMMERCIAL (GENERAL)

Chestnut St, Pana, IL 62557

$65,000
Estimated value
0.23 AC lot
View details
1312 Jackson St
COMMERCIAL (GENERAL)

1312 Jackson St, Pana, IL 62557-6426

$110,000
Estimated value
0.30 AC lot
View details
109 Locust St
COMMERCIAL (GENERAL)

109 Locust St, Pana, IL 62557-1429

Value Estimation by Request
0.08 AC lot
View details
113 Locust St
COMMERCIAL (GENERAL)

113 Locust St, Pana, IL 62557-1429

Value Estimation by Request
0.12 AC lot
View details
301 2nd St
COMMERCIAL (GENERAL)

301 2nd St, Pana, IL 62557-1440

$240,000
Estimated value
0.17 AC lot
View details
39 Locust St
COMMERCIAL (GENERAL)

39 Locust St, Pana, IL 62557-1462

Value Estimation by Request
0.11 AC lot
View details

Pana, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Pana, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 135,545 square feet of properties for sale, with an estimated market value of $629,700.

Sale prices for business properties in Pana, IL start at $39,900, averaging $125,940, and reaching up to $224,900 — 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 $127.9K

Taxes & Financing

Average Loan-to-Value 65.0%

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