5 Bailey Ln, Pana, IL 62557
OFF MARKET

$113,500

Trulia Estimate
  • 2 Beds
  • 988 sqft

5 Bailey Ln, Pana, IL 62557

Est. Refi. Payment $847/mo*
Refinance Your Home

Home Value

Trulia Estimate
$114K
Since last month
Decreased$14K (-12.8%)
Since last year
Decreased$7K (-7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +56% in the last 10 years
MonthEstimated value
2026
November 2026$97K
October 2026$98K
September 2026$111K
August 2026$117K
July 2026$121K
June 2026$107K
May 2026$105K
April 2026$104K
March 2026$100K
February 2026$111K
January 2026$103K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
19 Gibson Ln, Pana, IL
0.56
Single-Family Home
$45,000
02/20/26
2
1
775
48 Lake Shore Dr, Pana, IL
0.25
Single-Family Home
$128,000
03/03/26
3
1
2,650
263 N 2700 East Rd, Pana, IL
0.25
Single-Family Home
$165,001
08/07/26
4
2
2,039
4 Presnell Point, Pana, IL
0.44
Single-Family Home
$80,000
07/30/26
1
1
770
255 N 2700 East Rd, Pana, IL
0.31
Single-Family Home
$215,000
12/17/25
4
2.5
2,400
15 Oak Tree Ln, Pana, IL
0.79
Single-Family Home
$112,360
04/13/26
2
1
915
18 Lake Shore Dr, Pana, IL
0.33
Single-Family Home
$245,000
04/24/26
4
3
2,792
6 Angler Trl, Pana, IL
0.66
Single-Family Home
$150,000
05/20/26
3
2
1,860
16 Oak Tree Ln, Pana, IL
0.79
Single-Family Home
$252,000
05/20/26
2
2
2,112
2666 E 200 North Rd, Pana, IL
0.87
Single-Family Home
$145,000
12/02/25
3
-
1,152

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
1 Bailey Ln, Pana, IL 62557
0.00
-
Studio
-
439
Off Market
11 Bailey Ln, Pana, IL 62557
0.00
$174,200
3
-
1,164
Off Market
14 Bailey Ln, Pana, IL 62557
0.00
-
-
-
672
Off Market
15 Bailey Ln, Pana, IL 62557
0.00
$69,000
2
-
684
Off Market
17 Bailey Ln, Pana, IL 62557
0.00
-
Studio
-
624
Off Market
3 Bailey Ln, Pana, IL 62557
0.00
$61,300
1
1
720
Off Market
4 Bailey Ln, Pana, IL 62557
0.00
$87,700
2
-
768
Off Market
6 Bailey Ln, Pana, IL 62557
0.00
-
3
-
1,132
Off Market
9 Bailey Ln, Pana, IL 62557
0.00
$82,600
2
2
1,181
Off Market
10 Bailey Ln, Pana, IL 62557
0.00
$141,400
Studio
-
544
Off Market
8 Bailey Ln, Pana, IL 62557
0.00
$221,300
3
2
1,620
Off Market
12 Bailey Ln, Pana, IL 62557
0.00
$126,700
Studio
-
-
Off Market
7 Bailey Ln, Pana, IL 62557
0.09
$147,500
3
2.5
1,396
Off Market
16 Bailey Ln, Pana, IL 62557
0.12
$31,400
1
1
568
Off Market
41 Lake Shore Dr, Pana, IL 62557
0.13
$352,000
3
-
2,880
Off Market
41 Lake Shore Dr, Pana, IL 62557
0.13
-
Studio
-
-
Off Market
293 N 2700 East Rd, Pana, IL 62557
0.13
$387,900
3
-
2,225
Off Market
42 Lake Shore Dr, Pana, IL 62557
0.13
$285,600
3
-
1,713
Off Market
43 Lake Shore Dr, Pana, IL 62557
0.15
$425,000
3
2
3,343
For Sale
45 Lake Shore Dr, Pana, IL 62557
0.17
$240,200
3
2
2,800
Off Market

Local Information

  • Map ViewExplore the area around 5 Bailey Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1972
988 sqft
$115/sqft
Garage

About this House

This single-family home is located at 5 Bailey Ln, Pana, IL. 5 Bailey Ln is in Pana, IL and in ZIP code 62557. This property has 2 bedrooms and approximately 988 sqft of floor space. This property was built in 1972.
5 Bailey Ln, Pana, IL 62557 is a 2 bedroom, 988 sqft single-family home built in 1972. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $113,500, with a rent estimate of $857/month.

Home Details for 5 Bailey Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 4
Heating & Cooling
Air Conditioning

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
DeckExterior: OtherFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Carport, Garage Detached

Price and Tax history

YearProperty taxTax assessment
2024
$1,983
$85,230
Home facts updated by county records

Market trends in Pana

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
37
1MoM
Sourced by Trulia Market Trends

Around this home

View nearby schools on GreatSchools
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!"
    11
    Flag
  • Jmckenn1@gmail.com
    "Pizza great food places around. Short travel to shopping. Quiet living. Farmers market ends in fall. Fall festival ended today"
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5 Bailey Ln

  • What is 5 Bailey Ln estimated to be worth?
    Trulia's estimated value for 5 Bailey Ln in Pana, IL is $113,500.
  • Is Pana a buyer's or seller's market?
    Pana is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 5 Bailey Ln?
    The closest schools to 5 Bailey Ln in Pana, IL are Lincoln Elementary School (Pre-K, rated 5/10), Pana Jr High School (rated 7/10), Pana Sr High School (rated 6/10).
  • Does 5 Bailey Ln have a garage?
    Yes, 5 Bailey Ln in Pana, IL has a garage.

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