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    Pana, IL
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    Pana, IL Multifamily Properties for Sale

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    Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Ramsey, IL Witt, IL Findlay, IL
    Fully Occupied Seven-Unit Apartment Building
    Updated: Jul 6
    Fully Occupied Seven-Unit Apartment Building

    300 E 2nd Street, Pana, IL 62557

    $179,000
    2,116 sqft 0.26 AC lot
    Seven one‑bedroom, one‑bathroom units all currently leased
    Coin‑operated laundry area on‑site
    New roof installed in 2024
    Apartment #4 renovated
    0.2571‑acre lot
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Three-Story Multifamily Building with Land
    Three-Story Multifamily Building with Land

    612 W Gallatin Street, Vandalia, IL 62471

    $800,000
    20,700 sqft 0.53 AC lot

    1924 three-story building with elevator access, multiple room configurations, and an included parcel in downtown Vandalia.

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    49-Unit Apartment Building
    49-Unit Apartment Building

    211 N Kennedy Blvd, Vandalia, IL 62471

    $1,100,000

    Converted from a former high school, the property offers multifamily housing in an Opportunity Zone and County Enterprise Zone.

    View details
    Residential Income Property
    Residential Income Property

    612 W Macon St, Decatur, IL 62522

    Contact for pricing
    13,000 sqft

    Residential income property offered for sale with stable income potential in the Decatur market.

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    Decatur Multifamily Investment Opportunity
    Decatur Multifamily Investment Opportunity

    105, 111, 117, & 133 Elder Lane, Decatur, IL 62522

    Contact for pricing

    35-unit multifamily property in Decatur, Illinois with value-add potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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    Residential Lot in Park Hills
    Residential Lot in Park Hills

    226 N Large Street, Park Hills, MO 63601

    Contact for pricing
    0.26 AC lot

    Corner lot suitable for building or mobile home placement.

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    Residential Lot in Wellsville, MO
    Residential Lot in Wellsville, MO

    412 Washington Street, Wellsville, MO 63384

    Contact for pricing
    0.17 AC lot

    Ready-to-build residential lot in a charming small town.

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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details

    Pana, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Pana, IL on our real estate platform. These investment opportunities span a total of 2,116 square feet of properties for sale, with an estimated market value of $179,000.

    Sale prices for multifamily properties 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    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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