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  • Listed by: Fayette County Real Estate • Kelly Washburn
    $179,000

    300 E 2nd St, Pana, IL 62557

    --beds
    0baths
    2,116sqft
    : 
    $1,336/mo
    Get pre-qualified
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $85/sqft
    $-- HOA

    What's special

    Seven one-bedroom one-bathroom unitsCoin-operated laundry area
    Whether you're looking to expand your investment portfolio or take your first step into real estate investing, this fully occupied income-producing property is an excellent opportunity. The property features seven one-bedroom, one-bathroom units, all currently leased and generating rental income. Recent improvements include a new roof installed in 2024 and a renovated Apartment #4. A coin-operated laundry area provides added convenience for tenants and additional income potential. Showings are available by appointment only, and advance notice is required. Call today to schedule your private viewing!
    462 days
    |
    82
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Washburn 618-322-5127,

    Fayette County Real Estate

    Source: MARIS,MLS#: 25019756MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Window Unit(s)
      Appliances
      • Included: Electric Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,116
      • Total interior livable area: 2,116 sqft
      • Finished area above ground: 2,116

      Property

      Lot
      • Size: 0.26 Acres
      • Dimensions: 80 x 140
      Details
      • Parcel number: 11252210400700
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Railroad Add
      Location
      • Region: Pana

      Financial & listing details

      • Price per square foot: $85/sqft
      • Tax assessed value: $71,418
      • Annual tax amount: $2,571
      • Date on market: 4/8/2025
      • Cumulative days on market: 462 days
      • Listing terms: Cash,Conventional
      • Inclusions: Building, Land
      • Ownership: Private
      • Tenant pays: None
      Kelly Washburn

      (618) 322-5127

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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/23/2026Listed for sale$179,000$85/sqft
        Source: MARIS #25019756 Report a problem
        4/9/2026Listing removed$179,000$85/sqft
        Source: MARIS #25019756 Report a problem
        10/8/2025Price change$179,000-2.7%$85/sqft
        Source: MARIS #25019756 Report a problem
        7/29/2025Price change$184,000-2.6%$87/sqft
        Source: CIBR #6251404 Report a problem
        6/20/2025Listed for sale$189,000$89/sqft
        Source: MARIS #25019756 Report a problem
        6/13/2025Pending sale$189,000$89/sqft
        Source: CIBR #6251404 Report a problem
        5/30/2025Contingent$189,000$89/sqft
        Source: MARIS #25019756 Report a problem
        4/8/2025Listed for sale$189,000+180%$89/sqft
        Source: CIBR #6251404 Report a problem
        11/30/2022Sold$67,500-23.2%$32/sqft
        Source: CIBR #6216328 Report a problem
        10/26/2022Pending sale$87,900$42/sqft
        Source: CIBR #6216328 Report a problem
        9/30/2022Listed for sale$87,900-11.1%$42/sqft
        Source: CIBR #6216328 Report a problem
        8/1/2022Listing removed--
        Source: CIBR #6216328 Report a problem
        6/22/2022Price change$98,900-0.1%$47/sqft
        Source: CIBR #6216328 Report a problem
        5/10/2022Listed for sale$99,000$47/sqft
        Source: CIBR #6216328 Report a problem
        5/1/2022Listing removed--
        Source: CIBR #6216328 Report a problem
        10/23/2021Listed for sale$99,000$47/sqft
        Source: CIBR #6216328 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,312 +4.2%$23,806 +5.8%
        2023$2,220 -35.4%$22,492 -32.8%
        2022$3,434 +2.2%$33,466 +2%
        2021$3,360 +2.7%$32,809 +4.4%
        2020$3,271 -0.9%$31,417 -2.3%
        2019$3,302 -6.3%$32,157 -6.9%
        2018$3,524 -0.6%$34,551 -2%
        2017$3,546 +1.1%$35,256 +0.3%
        2016$3,507 +0.1%$35,157 +1.2%
        2015$3,503 +7.1%$34,748 +7.5%
        2014$3,272 -0.2%$32,320 +0%
        2013$3,279 +1.6%$32,309 -2.3%
        2011$3,226 $33,073 +9.4%
        2010-- $30,240
        2009$2,990 $30,240
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62557

        Getting around

        70 / 100
        Somewhat Walkable
        47 / 100
        Somewhat Bikeable

        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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