300 E 2nd Street, Pana, IL 62557

Building Details

Year Built

1890

Listing office Fayette County Real Estate k***@gmail.com Show Phone

Listing date Apr 8, 2025

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Fayette County Real Estate

Report an issue

---

Overview

This multifamily property consists of seven one-bedroom, one-bathroom units. All units are currently rented. A new roof was installed in 2024, and Apartment 4 has been renovated, providing at least one updated unit within the building.

The property is located at 300 E 2nd Street in Pana, Illinois. The listing notes that notice is required for showings.

For investors or owner-operators seeking a small, income-producing residential asset, the property offers immediate occupancy with all units under current tenancy. The 2024 roof replacement is a concrete capital improvement noted in the materials, while the renovation of Apartment 4 may be relevant for prospective buyers reviewing unit condition and turnover within the portfolio.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Pana

County

Christian

State

Illinois

Longitude

-89.078277

Latitude

39.388931

Nearby Similar for Sale

• 

  $179,000

  2,116 SF

  Multi-Family Investment Property

  Seven rented one-bedroom units offer immediate income with recent roof replacement and partial renovation.

  300 E 2nd Street, Pana, IL 62557

  View Details
• 

  $105,000

  1,110 SF

  Corner Automotive Sales Building

  Corner lot building on a busy commercial corridor, currently operated as an auto sales property.

  200 E 1st St, Pana, IL 62557

  View Details

FAQs

What type of property is this?

Apartment building - Seven one-bedroom, one-bath units are currently rented, with a roof replacement completed in 2024.

Where is this apartment building located?

The property is located at 300 E 2nd Street Pana, IL.

What is the asking price?

The asking price for this property is $179,000.

What are key features of this property?

This property features: Seven one‑bedroom, one‑bath units, all currently rented; Roof replacement completed in 2024; Apartment 4 has been renovated