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Occupied Multifamily with Laundry

300 E 2nd Street Pana, IL 62557

300 E 2nd Street, Pana, IL, 62557
$179,000
For Sale
$179,000

MULTI_FAMILY - Pana, IL

Property Size2,116 SF
Lot Size0.26 Acres
Price / SF$84.59
Days on Market18

Property Features for 300 E 2nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Appliances
Electric Water Heater
Standard status
Active
APN
11-25-22-104-007-00
Size
2,116 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2571

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public

Building Details

Year built
1890
Number of units
7
Listing agency Fayette County Real Estate
Listed by Kelly Washburn · License #471002525
Added: Jul 6 Updated: Jul 22 at 7:36PM Checked: Jul 23 at 10:06AM
MLS# 25019756

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully occupied income-producing multifamily property includes seven one-bedroom, one-bathroom units, all currently leased and generating rental income. The property has a coin-operated laundry area for tenant convenience. Recent updates include a new roof installed in 2024, along with a renovated Apartment #4.

The building is located at 300 E 2nd Street in Pana, Illinois. Showings are available by appointment only, and advance notice is required.

With all units leased, the property offers an established rental setup and an ongoing on-site laundry amenity.

Key Highlights

  • Income‑producing property with 7 fully occupied 1‑bedroom, 1‑bath units, each currently leased
  • New roof installed in 2024
  • Apartment #4 renovated

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Dental Office Building Supply Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical Service Accounting Firm Gym & Fitness Center

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

FAQs

What type of property is this?
Apartment building - Fully occupied property with seven one-bedroom units, coin-operated laundry, and a 2024 roof.
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: Income‑producing property with 7 fully occupied 1‑bedroom, 1‑bath units, each currently leased; New roof installed in 2024; Apartment #4 renovated
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