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*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1890
0.26 acre lot
$85/sqft
Local Information
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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
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MLS Status: Active |
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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 |
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Parking & Garage No CarportNo Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2116 Square Feet |
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Cumulative Days on Market: 439Days on Market: 180+ |
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Year Built Year Built: 1890 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Included in Sale: Building, LandParcel Number: 11252210400700 |
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Price List Price: $179,000Price Per Sqft: $85 |
Status Change & Dates Possession Timing: Close Of Escrow |
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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 |
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Listing Agent Listing ID: 25019756 |
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Building Area Building Area: 2116 Square Feet |
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Association for this Listing: Southwestern Illinois Board of REALTORS |
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Lot Area: 0.26 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Business Information Ownership: Private |
Expense Tenant Pays: None |
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Mls Number: 25019756Above Grade Unfinished Area: 2116Back On Market Date: Thu Apr 23 2026Showing Requirements: Showing Service, Appointment Only |
Around this home
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.
Market trends in Pana
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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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
| Date | Event | Price |
|---|---|---|
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 |
Jun 13, 2025 Source: CIBR #6251404 | Pending | $189,000 |
May 30, 2025 Source: MARIS #25019756 | Contingent | $189,000 |
Apr 8, 2025 Source: CIBR #6251404 | Listed For Sale | $189,000 |
Nov 30, 2022 Source: CIBR #6216328 | Sold | $67,500 |
Oct 26, 2022 Source: CIBR #6216328 | Pending | $87,900 |
Sep 30, 2022 Source: CIBR #6216328 | Listed For Sale | $87,900 |
Aug 1, 2022 Source: CIBR #6216328 | ListingRemoved | |
Jun 22, 2022 Source: CIBR #6216328 | PriceChange | $98,900 Price decreased by 0% |
May 10, 2022 Source: CIBR #6216328 | Listed For Sale | $99,000 |
May 1, 2022 Source: CIBR #6216328 | ListingRemoved | |
Oct 23, 2021 Source: CIBR #6216328 | Listed For Sale | $99,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,312 | $71,418 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kelly Washburn, Fayette County Real Estate
Agent Phone: (618) 322-5127

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New Listings near 300 E 2nd St
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.

