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    Pana, IL
    Residential Income

    Pana, IL Residential Income Properties for Sale

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    Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Cowden, IL Moweaqua, IL Ramsey, IL
    Fully Occupied Apartment Building
    Updated: Jul 6
    Fully Occupied Apartment Building

    300 E 2nd Street, Pana, IL 62557

    $179,000
    2,116 sqft 0.26 AC lot
    Seven one‑bedroom, one‑bathroom apartments, all currently leased
    New roof installed in 2024
    Renovated Apartment #4
    Coin‑operated laundry area on site
    2,116 square feet on a 0.2571‑acre lot
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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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    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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Pana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Rural Home and Outdoor Recreation Property
    Rural Home and Outdoor Recreation Property

    1770 S Wyckles Rd, Decatur, IL 62522

    $379,000
    3.60 AC lot

    Home on 3.6 acres along Rock Springs Conservation Area with direct access to outdoor recreation and nearby permitted hunting.

    View details
    18-Unit Apartment Buildings
    18-Unit Apartment Buildings

    152 & 162 S Dipper Ln, Decatur, IL 62522

    $700,000

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

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    121 E Union Ave, Litchfield, IL 62056

    $242,000

    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 AC lot

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

    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.

    Residential Lot in Taylorville, IL
    Residential Lot in Taylorville, IL

    LAKESIDE Drive lot: 10, Taylorville, IL 62568

    $44,900

    Residential lot suitable for building with walkout basement potential.

    View details

    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 4,232 square feet of properties for sale, with an estimated market value of $358,000.

    Sale prices for residential income 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 2
    Multifamily properties 2

    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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