Is parking easy in Pana, IL?

As of early 2026, 100% of users say parking is easy

Is Pana, IL walkable to grocery stores?

As of early 2026, 100% of users say it's walkable to grocery stores

Is Pana, IL dog-friendly?

As of early 2026, 100% of users say it's dog friendly

Are yards well-kept in Pana, IL?

As of early 2026, 100% of users say yards are well-kept

Does Pana, IL show holiday spirit?

As of early 2026, 80% of users say there's holiday spirit

Is Pana, IL walkable to restaurants?

As of early 2026, 75% of users say it's walkable to restaurants

Are there community events in Pana, IL?

As of early 2026, 75% of users say there are community events

Do kids play outside in Pana, IL?

As of early 2026, 75% of users say kids play outside

As of early 2026, 71% of users say it's quiet

Does Pana, IL have sidewalks?

As of early 2026, 67% of users say there are sidewalks

Are the streets well-lit in Pana, IL?

As of early 2026, 67% of users say streets are well-lit

Are neighbors friendly in Pana, IL?

As of early 2026, 50% of users say neighbors are friendly

Do residents of Pana, IL plan to stay at least 5 years?

As of early 2026, 50% of users say they plan to stay for at least 5 years

Is a car needed in Pana, IL?

As of early 2026, 33% of users say car is needed

Would people walk alone at night in Pana, IL?

As of early 2026, 33% of users say people would walk alone at night

What is 501 E 7th St estimated to be worth?

Trulia's estimated value for 501 E 7th St in Pana, IL is $81,800 .

What is the price history for 501 E 7th St?

501 E 7th St in Pana, IL last sold for $47,000 in June 2002.

Is Pana a buyer's or seller's market?

Pana is currently a balanced market, based on recent for-sale activity.

What are the closest schools to 501 E 7th St?

The closest schools to 501 E 7th St 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).

How big is the lot at 501 E 7th St?

The lot at 501 E 7th St in Pana, IL is about 0.23 acres (9,865 sq ft).

Does 501 E 7th St have a garage?

Yes, 501 E 7th St in Pana, IL has a garage.

OFF MARKET

$81,800

Trulia Estimate

3 Beds
1,086 sqft

501 E 7th St, Pana, IL 62557

Refinance Your Home

Currently Off Market - Sold Jun 1, 2002 for $47,000

Home Value

Trulia Estimate

$81.8K

Since last month

$13K (-13.7%)

Since last year

$10K (-11.2%)

Since last sale

$35K (+74%)

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 +36% in the last 10 years

Month	Estimated value
2026
August 2026	$82K
August 2026	$81K
July 2026	$95K
June 2026	$92K
May 2026	$85K
April 2026	$83K
March 2026	$86K
February 2026	$83K
January 2026	$83K
2025
December 2025	$81K
November 2025	$85K
October 2025	$90K
September 2025	$92K
August 2025	$92K
July 2025	$95K
June 2025	$92K
May 2025	$88K
April 2025	$98K
March 2025	$81K
February 2025	$75K
January 2025	$76K
2024
December 2024	$78K
November 2024	$79K
October 2024	$78K
September 2024	$80K
August 2024	$82K
July 2024	$86K
June 2024	$90K
May 2024	$85K
April 2024	$83K
March 2024	$80K
February 2024	$77K
January 2024	$76K
2023
December 2023	$75K
November 2023	$77K
October 2023	$76K
September 2023	$75K
August 2023	$77K
July 2023	$77K
June 2023	$74K
May 2023	$82K
April 2023	$80K
March 2023	$76K
February 2023	$72K
January 2023	$71K
2022
December 2022	$73K
November 2022	$73K
October 2022	$73K
September 2022	$73K
August 2022	$72K
July 2022	$74K
June 2022	$74K
May 2022	$71K
April 2022	$67K
March 2022	$68K
February 2022	$72K
January 2022	$72K
2021
December 2021	$72K
November 2021	$73K
October 2021	$72K
September 2021	$73K
August 2021	$74K
July 2021	$74K
June 2021	$72K
May 2021	$71K
April 2021	$71K
March 2021	$65K
February 2021	$68K
January 2021	$69K
2020
December 2020	$69K
November 2020	$69K
October 2020	$69K
September 2020	$67K
August 2020	$68K
July 2020	$68K
June 2020	$68K
May 2020	$68K
April 2020	$68K
March 2020	$68K
February 2020	$68K
January 2020	$67K
2019
December 2019	$66K
November 2019	$67K
October 2019	$68K
September 2019	$69K
August 2019	$69K
July 2019	$68K
June 2019	$66K
May 2019	$67K
April 2019	$67K
March 2019	$67K
February 2019	$68K
January 2019	$67K
2018
December 2018	$66K
November 2018	$66K
October 2018	$66K
September 2018	$65K
August 2018	$65K
July 2018	$65K
June 2018	$65K
May 2018	$66K
April 2018	$65K
March 2018	$64K
February 2018	$65K
January 2018	$66K
2017
December 2017	$64K
November 2017	$64K
October 2017	$64K
September 2017	$64K
August 2017	$63K
July 2017	$63K
June 2017	$64K
May 2017	$64K
April 2017	$63K
March 2017	$61K
February 2017	$61K
January 2017	$62K
2016
December 2016	$61K
November 2016	$62K
October 2016	$63K
September 2016	$60K

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
602 Cherry St, Pana, IL	0.11	Single-Family Home	$40,000	12/02/25	2	2	1,260
604 Spruce St, Pana, IL	0.11	Single-Family Home	$82,000	03/27/26	3	2	1,216
610 Cherry St, Pana, IL	0.06	Single-Family Home	$86,000	06/05/26	2	1	1,080
604 Kitchell St, Pana, IL	0.21	Single-Family Home	$55,500	04/10/26	2	1	1,052
613 E 5th St, Pana, IL	0.23	Single-Family Home	$40,000	06/15/26	2	1.5	1,000
410 E 9th St, Pana, IL	0.10	Single-Family Home	$105,000	08/14/26	3	1	1,640
701 E 3rd St, Pana, IL	0.39	Single-Family Home	$46,200	10/10/25	3	2	1,376
614 Spruce St, Pana, IL	0.07	Single-Family Home	$120,000	10/20/25	2	1	1,056
604 Kitchell Ave, Pana, IL	0.23	Single-Family Home	$55,500	04/13/26	2	-	1,052
604 S Poplar St, Pana, IL	0.31	Single-Family Home	$55,000	11/10/25	2	-	1,064

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
618 Spruce St, Pana, IL 62557	0.05	$82,100	2	1	672	Off Market
616 S Spruce St, Pana, IL 62557	0.06	$101,600	3	2	1,272	Off Market
706 Spruce St, Pana, IL 62557	0.08	$210,000	3	2	1,300	Recently Sold
610 Cherry St, Pana, IL 62557	0.06	$86,000	2	1	1,080	Recently Sold
610 Spruce St, Pana, IL 62557	0.08	$24,200	2	1	768	Recently Sold
410 E 9th St, Pana, IL 62557	0.10	$105,000	3	1	1,640	Recently Sold
604 Spruce St, Pana, IL 62557	0.11	$82,000	3	2	1,216	Recently Sold
720 Spruce St, Pana, IL 62557	0.13	$64,900	2	1	816	Off Market
108 Patton St, Pana, IL 62557	0.13	$99,400	3	1	1,110	Off Market
608 Maple St, Pana, IL 62557	0.11	$94,900	3	1	1,100	Off Market
501 E 6th St, Pana, IL 62557	0.13	$202,700	4	2	2,065	Off Market
112 Patton St, Pana, IL 62557	0.14	$54,900	2	1	816	Recently Sold

Local Information

Map ViewExplore the area around 501 E 7th St.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1978

1,086 sqft

$75/sqft

Garage

About this House

This single-family home is located at 501 E 7th St, Pana, IL. 501 E 7th St is in Pana, IL and in ZIP code 62557. This property has 3 bedrooms and approximately 1,086 sqft of floor space. This property has a lot size of 9865 sqft and was built in 1978.

501 E 7th St, Pana, IL 62557 is a 3 bedroom, 1,086 sqft single-family home built in 1978. It last sold for $47,000 on Jun 1, 2002. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $81,800, with a rent estimate of $1,298/month.

Home Details for 501 E 7th St

Interior Features
Levels, Entrance, & Accessibility Stories: 1
Interior Details Number of Rooms: 5

Property Information
Year Built Year Built: 1978
Property Type / Style Property Type: Single Family Home

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

Lot Information
Lot Area: 9865 sqft

Price and Tax history

Date	Event	Price
Jun 1, 2002 Source: N/A	Sold	$47,000

Year	Property tax	Tax assessment
2024	$483	$66,594

Additional Cost

Market trends in Pana

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

6MoM

Around this home

Lincoln Elementary School
PK-5
Public
500 Students
Pana Community Unit School District 8
5/10
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

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
Resident
6y ago
"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
Prev. Resident
6y ago
"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 501 E 7th St

What is 501 E 7th St estimated to be worth?
Trulia's estimated value for 501 E 7th St in Pana, IL is $81,800.
What is the price history for 501 E 7th St?
501 E 7th St in Pana, IL last sold for $47,000 in June 2002.
Is Pana a buyer's or seller's market?
Pana is currently a balanced market, based on recent for-sale activity.
What are the closest schools to 501 E 7th St?
The closest schools to 501 E 7th St 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).
How big is the lot at 501 E 7th St?
The lot at 501 E 7th St in Pana, IL is about 0.23 acres (9,865 sq ft).
Does 501 E 7th St have a garage?
Yes, 501 E 7th St in Pana, IL has a garage.