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    Pana, IL
    Multifamily

    Pana, IL Multifamily Properties for Sale

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    Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Cowden, IL Moweaqua, IL Witt, IL
    Duplex with Heated Sunroom
    Updated: Aug 3
    Duplex with Heated Sunroom

    711 Panther Drive, Pana, IL 62557

    $369,900
    1,755 sqft
    Built in 2019
    Full handicap accessibility
    Firewall and separate rooflines between units
    Heated and air‑conditioned sunroom
    24‑by‑24‑foot garage with attic storage and a shelved closet
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    Apartment Building with Coin Laundry
    Updated: Sep 15
    Apartment Building with Coin Laundry

    300 E 2nd St, Pana, IL 62557

    $179,000
    2,116 sqft
    Seven one‑bedroom, one‑bathroom apartment units
    All units currently leased
    2,116‑square‑foot apartment property built in 1890
    New roof installed in 2024
    Apartment #4 renovated
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    20-Pad Mobile Home Park
    20-Pad Mobile Home Park

    1020 BIRCH ST, Pana, IL 62557

    Contact for pricing
    Built 1975  1.8 acres  Multi-tenant
    Highway access  C-1

    The community has municipal water and sewer, with water, sewer, and electric service available at each pad.

    Utilities to site
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    3 active listings match your search: Multifamily for sale in Pana, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    4-Unit Quadplex
    4-Unit Quadplex

    1230 E Cantrell St, Decatur, IL 62521

    $125,000
    4 units  1,665 sqft

    All residences are vacant, with recent roof and mechanical work completed.

    4 x 1BR/1BA
    View details
    18-Unit Apartment Buildings
    18-Unit Apartment Buildings

    152 & 162 S Dipper Ln, Decatur, IL 62522

    $700,000
    18 units  2 buildings

    Two-building multifamily property with varied apartment layouts, on-site laundry, and dedicated parking.

    On-site laundry facility  Dedicated off-street parking
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    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    121 E Union Ave, Litchfield, IL 62056

    $242,000
    2 buildings  Multi-tenant

    Two downtown buildings combine an operating restaurant, commercial kitchen, dining space, bar area, and occupied apartments.

    View details
    Mixed-Use Building with Retail Space
    Mixed-Use Building with Retail Space

    104 W Edwards Street, Litchfield, IL 62056

    Contact for pricing
    0.04 acres  1 building  Built 1900

    Two upstairs apartments with separate access complement a spacious ground-floor commercial area and public restroom.

    Area to wait  Public bathroom
    View details

    Pana, IL Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Pana, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,871 square feet of properties for sale, with an estimated market value of $548,900.

    Sale prices for multifamily properties in Pana, IL start at $179,000, averaging $274,450, and reaching up to $369,900 — 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
    Duplexes 1
    Mobile home & RV parks 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 $274.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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