300 E  2nd St, Pana, IL 62557
Property image
Property image
FOR SALE
0.26 ACRES
Listed by Kelly Washburn, Fayette County Real Estate, (618) 322-5127

$179,000

  • Studio
  • 2,116 sqft (on 0.26 acres)

300 E 2nd St, Pana, IL 62557

Est. Mortgage $1,287/mo*
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Home Highlights

Multi-Family
Built in 1890
0.26 acre lot
$85/sqft

Local Information

  • Map ViewExplore the area around 300 E 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!

Home Details for 300 E 2nd St

Active Status

MLS Status: Active

Interior Features

Dimensions and Layout
Living Area: 2116 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s),Window Unit(s)Has HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace

Exterior Features

Parking & Garage
No CarportNo Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2116 Square Feet

Days on Market

Cumulative Days on Market: 439Days on Market: 180+

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Included in Sale: Building, LandParcel Number: 11252210400700

Price & Status

Price
List Price: $179,000Price Per Sqft: $85
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: PanaCommunity: Railroad Add
School Information
Elementary School: Pana Dist 8Jr High / Middle School: Pana Dist 8High School: PanaHigh School District: PANA DIST 8

Agent Information

Listing Agent
Listing ID: 25019756

Building

Building Area
Building Area: 2116 Square Feet

HOA

Association for this Listing: Southwestern Illinois Board of REALTORS

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Private
Expense
Tenant Pays: None

Miscellaneous

Mls Number: 25019756Above Grade Unfinished Area: 2116Back On Market Date: Thu Apr 23 2026Showing Requirements: Showing Service, Appointment Only

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Pana

At least 2 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's dog friendly

  • 100 % Say yards are well-kept

  • 80 % Say there's holiday spirit

  • 75 % Say it's walkable to restaurants

  • 75 % Say there are community events

  • 75 % Say kids play outside

  • 71 % Say it's quiet

  • 67 % Say there are sidewalks

  • 67 % Say streets are well-lit

  • 50 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 33 % Say car is needed

  • 33 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Truth Hurts
    "The terrible streets, empty lots and occasional abandoned home. Rampant drug abuse by many local citizens just tops it off!"
  • Jmckenn1@gmail.com
    "Pizza great food places around. Short travel to shopping. Quiet living. Farmers market ends in fall. Fall festival ended today"

Market trends in Pana

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
36

Home Value

Learn more about this home's value by checking out the value of nearby homes.

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$88,900
2
1
1,084
Off Market
0.07
$178,000
2
2
2,482
Off Market
0.05
$206,700
4
1.5
2,128
Off Market
0.09
$122,700
3
-
1,700
Off Market
0.06
$121,400
2
1
976
Off Market
0.11
$130,700
4
2
2,104
Off Market
0.07
$93,100
2
1
1,482
Off Market
0.09
$134,300
2
1
1,144
Off Market
0.09
$50,400
Studio
-
7,628
Off Market
0.15
-
3
1
2,124
Off Market
0.15
$82,700
2
1
1,100
Off Market

Price and Tax history

DateEventPrice
Apr 23, 2026
Source: MARIS #25019756
Listed For Sale
$179,000
Apr 9, 2026
Source: MARIS #25019756
ListingRemoved
$179,000
Oct 8, 2025
Source: MARIS #25019756
PriceChange
$179,000
Price decreased by 3%
Jul 29, 2025
Source: CIBR #6251404
PriceChange
$184,000
Price decreased by 3%
Jun 20, 2025
Source: MARIS #25019756
PendingToActive
$189,000

LGBTQ Local Legal Protections

Kelly Washburn, Fayette County Real Estate
Agent Phone: (618) 322-5127
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Click here for more information

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300 E 2nd St, Pana, IL 62557 is a studio, 2,116 sqft multi-family built in 1890. This property is currently available for sale and was listed by MARIS on Apr 23, 2026. The MLS # for this home is MLS# 25019756.