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    Pana, IL Multifamily Properties for Sale

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    Assumption, IL Nokomis, IL Taylorville, IL
    Multi-Family Investment Property
    $179,000
    2,116 SF
    Multi-Family Investment Property

    300 E 2nd Street, Pana, IL 62557

    Seven rented one-bedroom units offer immediate income with recent roof replacement and partial renovation.
    • 7 one‑bedroom, one‑bathroom units; all units are currently rented
    • New roof installed in 2024
    • Apartment 4 has been renovated
    • Built in 1890
    Updated: Jun 2
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    Rented Multifamily with New Roof
    $179,000
    2,116 SF
    Rented Multifamily with New Roof

    300 E 2nd Street, Pana, IL 62557

    Seven one-bedroom, one-bath units are currently rented, with a roof replacement completed in 2024.
    • Seven one‑bedroom, one‑bath units, all currently rented
    • Roof replacement completed in 2024
    • Apartment 4 has been renovated
    • Year built: 1890
    Updated: Apr 8, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Decatur Multifamily Investment Opportunity
    $2,340,000
    Decatur Multifamily Investment Opportunity

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

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

    View details
    Multifamily Property with Redevelopment Potential
    $800,000
    16,248 SF
    Multifamily Property with Redevelopment Potential

    Converted multifamily property with value-add opportunity in Decatur, Illinois.

    417-461 W Wood St, Decatur, IL 62522

    View details
    Well-Maintained Triplex with Income Potential
    $120,000
    1,750 SF
    Well-Maintained Triplex with Income Potential

    Triplex with one vacant unit and reliable cash flow.

    226 S Harrison Street, Litchfield, IL 62056

    View details
    8,015 SF Mixed-Use Building
    $365,900
    8,015 SF
    8,015 SF Mixed-Use Building

    Mixed-use building with restaurant, retail, and apartment units.

    117 E Union Ave, Litchfield, IL

    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.

    Unrestricted Land Near Route 67
    $70,000
    2.10 Acres
    Unrestricted Land Near Route 67

    2.1 acres with boundless possibilities near Jerseyville and Godfrey.

    17039 Hillside Lane, Jerseyville, IL 62052

    View details
    Recreational Land Near Lake Perry
    $90,000
    22,215 SF
    Recreational Land Near Lake Perry

    Half-acre recreational lot with utilities near Lake Perry amenities.

    1003 Port Perry Drive, Perryville, MO 63775

    View details
    Residential Lot in Park Hills
    Contact for pricing
    0.26 Acres
    Residential Lot in Park Hills

    Corner lot suitable for building or mobile home placement.

    226 N Large Street, Park Hills, MO 63601

    View details
    Residential Lot in Wellsville, MO
    Contact for pricing
    0.17 Acres
    Residential Lot in Wellsville, MO

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

    412 Washington Street, Wellsville, MO 63384

    View details

    Pana, IL Multifamily Properties Market Trends and Statistics

    Explore 2 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 start at $179,000, averaging $179,000, and reaching up to $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 2

    Demographics Overview

    Population 6,859
    Population Growth (5Y) -3.6%
    Median Household Income $51,769
    College Educated 23.7%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Christian County

    New Delisted

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