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  • Listing Provided by: Adams Auction & Real Estate Services Inc.
    Bought with: Adams Auction & Real Estate Services Inc.
    $112,360

    15 Oak Tree Ln, Pana, IL 62557

    2beds
    915sqft
    Single Family Residence
    Built in 1976
    6.86 Acres Lot
    $114,400 Zestimate®
    $123/sqft
    $1,074 Estimated rent

    Home value

    $114,400

    Estimated sales range

    Not available

    $1,074/mo

    Zestimate® history
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    What's special

    Recently updated kitchenCozy dining nookWrap around porchPrivate boat dock
    Price listed is Starting Bid Only. Bidding starts closing 3/11/2026 @ 5 p.m. Tucked along the peaceful shoreline of Lake Pana in Pana, Illinois, this charming two bedroom, one bath retreat offers the very best of relaxed lakeside living. With its own private boat dock, the home provides access to Lake Pana, making it effortless to enjoy boating, water sports, swimming, and fishing right outside your door. From morning coffee overlooking the water to sunset cruises, every day feels like a getaway. A welcoming wrap around porch leads into a screened in sunroom with sweeping lake views, an ideal setting for breezy summer evenings, weekend gatherings, and effortless BBQ entertaining. Inside, the home is bright, comfortable, and thoughtfully arranged for both everyday living and vacation stays. The recently updated kitchen includes all appliances, a prep counter with storage and seating room for those quick meals on the go, and a cozy dining nook perfect for casual meals after a day on the water. The spacious living room features an electric fireplace as its focal point and includes a flat screen TV with internet available for uninterrupted streaming. Both bedrooms are generously sized and equipped with dedicated baseboard heat and A/C wall units, offering year round comfort. A well appointed full bathroom sits just steps away. The home is fully electric and connected to public water and sewer. Outside, a detached two car garage provides ample space for vehicles, lake toys, and storage. A new metal roof installed in 2021 adds peace of mind. The land is not included in the sale as the land the home sits on is part of a 99 year land lease with an annual lot fee of $350, while the current owner of the home pays their portion of the property taxes for the lot. Whether you are seeking full time lake living, or the perfect weekend escape, this fully furnished and well maintained home invites you to simply bring your sunscreen and start enjoying life on Lake Pana. *Home is being sold fully furnished* Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Adam F Jokisch 618-530-8751,

    Adams Auction & Real Estate Services Inc.

    Bought with:

    Adam F Jokisch, 440-000169

    Adams Auction & Real Estate Services Inc.

    Source: MARIS,MLS#: 26010033MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • Wall Unit(s)
    Features
    • Eat-in Kitchen, Kitchen Island, Kitchen/Dining Room Combo, Pantry, See Remarks
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Electric
    Interior area
    • Total structure area: 915
    • Total interior livable area: 915 sqft
    • Finished area above ground: 915
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Patio & porch: Rear Porch, Screened
    • Pool features: None
    • Waterfront features: Waterfront, Lake
    Lot
    • Size: 6.86 Acres
    • Features: Back Yard, Gentle Sloping, Other, Waterfront
    Details
    • Parcel number: 11252440301200
    • Special conditions: Auction,Listing As Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Roof: Metal
    Condition
    • Year built: 1976

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Fishing, Lake
    Location
    • Region: Pana
    • Subdivision: Pana Lake

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $350 annually
    • Amenities included: Common Ground, Lake, Other
    • Services included: Other
    • Association name: City of Pana Reservoir

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Private

    Price history

    DateEventPrice
    4/13/2026Sold$112,360-36%$123/sqft
    Source: MARIS #26010033 Report a problem
    12/4/2025Listing removed$175,500$192/sqft
    Source: CIBR #6252061 Report a problem
    10/6/2025Price change$175,500-4%$192/sqft
    Source: CIBR #6252061 Report a problem
    8/13/2025Price change$182,900-8.3%$200/sqft
    Source: CIBR #6252061 Report a problem
    5/21/2025Listed for sale$199,500+73.5%$218/sqft
    Source: CIBR #6252061 Report a problem
    5/13/2021Sold$115,000-4.1%$126/sqft
    Source: CIBR #6194271 Report a problem
    3/22/2021Pending sale$119,900$131/sqft
    Source: CIBR #6194271 Report a problem
    11/18/2020Listed for sale$119,900$131/sqft
    Source: CIBR #6194271 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,019 +4.2%$41,378 +5.8%
    2023$3,859 +6.9%$39,095 +11.9%
    2022$3,611 +3%$34,922 +2%
    2021$3,506 +2.7%$34,238 +4.4%
    2020$3,413 -0.9%$32,785 -2.3%
    2019$3,445 +27.5%$33,557 +26.6%
    2018$2,703 -0.6%$26,500 -2%
    2017$2,720 +1.1%$27,041 +0.3%
    2016$2,690 +0.1%$26,966 +1.2%
    2015$2,687 +38.3%$26,652 +7.5%
    2014$1,943 -0.2%$24,790 +29.2%
    2013$1,947 +1.6%$19,187 -2.3%
    2011$1,916 $19,640 +5.3%
    2010-- $18,647
    2009$1,844 $18,647

    Find assessor info on the county website

    Neighborhood: 62557

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pana Dist 8
    • Middle: Pana Dist 8
    • High: Pana

    Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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