Apartment Building with Coin
For Sale
$179,000
300 E 2nd St, Pana, IL 62557
Fully leased residential property with renovated unit, updated roofing, and shared laundry facilities.
Property Size2,116 SF
Price / SF$84.59
Days on Market48
Property Features for 300 E 2nd St
General Information
Standard status
Active
Size
2,116 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
7 x 1BR/1BA
Multifamily Units
7
Amenities
coin-operated laundry area
Building Details
Year Built
1890
Tenancy
Multi
Listing Agency:
Fayette County Real Estate
Listed By:
Kelly Washburn · License #471002525
(618) 483-5312
Source:
Nations-network
Added: Sep 15
Changed: Oct 25
Last Checked: Oct 30 at 7:22PM
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
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Investment Insights
Based on property information with market context.
This 2,116-square-foot apartment property, built in 1890, contains seven one-bedroom, one-bathroom units. All units are currently leased, providing an occupied residential income asset. The property also includes a coin-operated laundry area serving residents.
Recent improvements include a new roof installed in 2024 and renovation work completed in Apartment #4. The property is located at 300 E 2nd St in Pana, Illinois. Showings are available by appointment with advance notice.
Recent improvements include a new roof installed in 2024 and renovation work completed in Apartment #4. The property is located at 300 E 2nd St in Pana, Illinois. Showings are available by appointment with advance notice.
Key Highlights
- Seven one‑bedroom, one‑bathroom apartment units
- All units currently leased
- 2,116‑square‑foot apartment property built in 1890
Property Analytics
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Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
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Business Placement
Demographics for 62557, IL
6,841
Population
3,338
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
116.9 sq mi
ZIP Area
59
Density / Sq Mi
$51,769
Median Household Income
$29,878
Median Earnings
$684
Median Rent
$93,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased residential property with renovated unit, updated roofing, and shared laundry facilities.
Where is this apartment building located?
The property is located at 300 E 2nd St 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‑bathroom apartment units; All units currently leased; 2,116‑square‑foot apartment property built in 1890
