Pana, IL Residential income properties for sale

$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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$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

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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.

$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

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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

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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

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$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

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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.

$47,900

Residential Lot in Taylorville, IL

Residential lot suitable for building with walkout basement potential.

LAKESIDE Drive lot: 10, Taylorville, IL 62568

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$98,000

0.65 Acres

Waterfront Lot on Governor Bond

0.65-acre waterfront lot with lake access in Greenville, IL.

1315 Lakeview Drive, Greenville, IL 62246

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$100,000

Duplex Lakefront Lot Opportunity

Desirable duplex lakefront lot in Rochester School District.

329-331 Harbor Point Place, Springfield, IL 62712

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$75,000

Residential Lots Near Lake Springfield

Desirable duplex lots in Rochester School District with amenities.

314 Harbor Point Place, Springfield, IL 62712

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Pana, IL Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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 residential income 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.

Pana, IL Residential Income Properties for Sale

300 E 2nd Street, Pana, IL 62557

300 E 2nd Street, Pana, IL 62557

Opportunities in Nearby Cities

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

417-461 W Wood St, Decatur, IL 62522

226 S Harrison Street, Litchfield, IL 62056

117 E Union Ave, Litchfield, IL

Potential Development Sites for Consideration

LAKESIDE Drive lot: 10, Taylorville, IL 62568

1315 Lakeview Drive, Greenville, IL 62246

329-331 Harbor Point Place, Springfield, IL 62712

314 Harbor Point Place, Springfield, IL 62712

Pana, IL Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

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Pana, IL Residential Income Properties for Sale

300 E 2nd Street, Pana, IL 62557

300 E 2nd Street, Pana, IL 62557

Opportunities in Nearby Cities

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

417-461 W Wood St, Decatur, IL 62522

226 S Harrison Street, Litchfield, IL 62056

117 E Union Ave, Litchfield, IL

Potential Development Sites for Consideration

LAKESIDE Drive lot: 10, Taylorville, IL 62568

1315 Lakeview Drive, Greenville, IL 62246

329-331 Harbor Point Place, Springfield, IL 62712

314 Harbor Point Place, Springfield, IL 62712

Pana, IL Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

Listings Trend

Need Help?

Popular Searches in Pana, IL

Popular Categories

Most Searched ZIP Codes in Pana, IL

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