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 the price history for 505 E 3rd St?

505 E 3rd St in Pana, IL last sold for $9,100 in January 2016.

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 505 E 3rd St?

The closest schools to 505 E 3rd 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).

Does 505 E 3rd St have air conditioning?

Yes, 505 E 3rd St in Pana, IL has air conditioning.

How big is the lot at 505 E 3rd St?

The lot at 505 E 3rd St in Pana, IL is about 0.14 acres (6,098 sq ft).

OFF MARKET

505 E 3rd St
Pana, IL 62557

3 Beds
1.5 Baths
1,300 sqft

3 Beds

1.5 Baths

1,300 sqft

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
405 S Maple St, Pana, IL	0.23	Single-Family Home	$11,500	01/23/26	2	1	1,344
701 E 3rd St, Pana, IL	0.15	Single-Family Home	$46,200	10/10/25	3	2	1,376
108 Macarthur Blvd, Pana, IL	0.27	Single-Family Home	$14,500	08/26/25	2	1	768
106 S Cedar St, Pana, IL	0.17	Single-Family Home	$100,000	01/16/26	3	1.5	1,152
10 Cedar St, Pana, IL	0.26	Single-Family Home	$27,500	05/20/26	2	1	1,024
106 Vine St, Pana, IL	0.06	Single-Family Home	$110,000	10/01/25	3	1	1,230
405 Maple St, Pana, IL	0.23	Single-Family Home	$8,500	12/23/25	2	1	1,179
106 S Vine St, Pana, IL	0.06	Single-Family Home	$110,000	09/29/25	3	1	1,230
604 Spruce St, Pana, IL	0.27	Single-Family Home	$82,000	03/27/26	3	2	1,216
602 Cherry St, Pana, IL	0.26	Single-Family Home	$40,000	12/02/25	2	2	1,260

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
106 S Vine St, Pana, IL 62557	0.06	$115,000	3	1	1,230	Off Market
113 S Vine St, Pana, IL 62557	0.06	$169,900	2	2	2,988	Off Market
109 S Vine St, Pana, IL 62557	0.07	$86,600	2	1	1,100	Off Market
201 S Vine St, Pana, IL 62557	0.05	$114,400	3	1	1,120	Off Market
206 S Vine St, Pana, IL 62557	0.03	$92,400	2	1	1,100	Off Market
208 S Vine St, Pana, IL 62557	0.04	-	-	-	-	Off Market
207 Spruce St, Pana, IL 62557	0.05	$201,600	3	2	1,800	Off Market
106 S Maple St, Pana, IL 62557	0.13	$129,900	3	-	1,700	Off Market
408 E 2nd St, Pana, IL 62557	0.14	$132,200	4	2	2,104	Off Market
508 E 2nd St, Pana, IL 62557	0.14	$92,000	3	2	1,767	Recently Sold
109 S Maple St, Pana, IL 62557	0.14	$111,200	2	1	1,144	Off Market
505 E 4th St, Pana, IL 62557	0.09	$237,700	3	2	2,070	Off Market

Local Information

Map ViewExplore the area around 505 E 3rd St.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1920

Living Area

1,300 sqft

Parking

None

About this House

Property sold in its Ã¢AS-IS, WHERE-ISÃ¢ condition. Seller does not prorate taxes. Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees. 3 Bedroom, 1.5 Bath located in Pana, IL. This property needs new furnace and water lines. Also needs some new doors and windows. Flooring is needed for bedrooms and living room. Has a wood burning stove. Property is located in a good neighborhood with a large backyard. Other repairs and updates may be needed. Great potential!

505 E 3rd St, Pana, IL 62557 is a 3 bedroom, 2 bathroom, 1,300 sqft single-family home built in 1920. It last sold for $9,100 on Jan 19, 2016. It is currently off market. The Trulia Estimate rent is $1,462/month.

Home Details for 505 E 3rd St

Interior Features
Levels, Entrance, & Accessibility Stories: 1Floors: Other
Interior Details AtticNumber of Rooms: 6
Appliances & Utilities Dishwasher
Heating & Cooling Air ConditioningCooling System: Wall
Fireplace & Spa Fireplace

Exterior Features
Exterior Home Features Roof: Shake ShingleExterior: OtherFoundation Type: Crawl Raised
Parking & Garage Parking: None

Property Information
Year Built Year Built: 1920
Property Type / Style Property Type: Single Family HomeArchitecture: Other

Lot Information
Lot Area: 6098 sqft

Price and Tax history

Date	Event	Price
Jun 8, 2016 Source: Agent Provided	ListingRemoved	$15,900
Mar 24, 2016 Source: Agent Provided	PriceChange	$15,900 Price decreased by 11%
Feb 11, 2016 Source: N/A	PriceChange	$17,900 Price decreased by 28%
Jan 27, 2016 Source: N/A	Listed For Sale	$24,900
Jan 19, 2016 Source: CIBR #6151303	Sold	$9,100
Sep 22, 2015 Source: Agent Provided	ListingRemoved	$0
Sep 22, 2015 Source: Agent Provided	PriceChange	$5,000 Price increased by 0%
Jul 23, 2015 Source: Agent Provided	Listed For Sale	$0
Jun 16, 2015 Source: Agent Provided	ListingRemoved	$0
Apr 11, 2015 Source: Agent Provided	PriceChange	$10,000 Price increased by 0%
Apr 2, 2015 Source: Agent Provided	Listed For Sale	$0
Oct 22, 2008 Source: N/A	Sold	$60,500

Year	Property tax	Tax assessment
2024	$552	$35,052

Additional Cost

Market trends in Pana

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

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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 505 E 3rd St

What is the price history for 505 E 3rd St?
505 E 3rd St in Pana, IL last sold for $9,100 in January 2016.
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 505 E 3rd St?
The closest schools to 505 E 3rd 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).
Does 505 E 3rd St have air conditioning?
Yes, 505 E 3rd St in Pana, IL has air conditioning.
How big is the lot at 505 E 3rd St?
The lot at 505 E 3rd St in Pana, IL is about 0.14 acres (6,098 sq ft).