About This Home

This 0-bedroom, 0-bathroom residential multi family at 300 E 2nd Street in Pana, IL is listed for $179,000 ($85 per sqft). Built in 1890, the home offers 2,116 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1890
  • 0.26 acre lot

Property Details

1890

Amenities

A/C
Listing Description

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!

Monthly Cost Estimate

$957/mo

20% down · 6.5% · 30 years

Principal$129
Interest$776
Insurance$52

Estimates only. Actual payments may vary.

Location

300 E 2nd Street

Pana, IL 62557

Railroad Add

Property Details

Heating

Natural GasForced Air

Cooling

Window Unit(s)Ceiling Fan(s)

Appliances

Electric Water Heater

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 300 E 2nd Street is listed at $179,000 ($85/sqft). The estimated monthly payment is $957 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.26 acre lot.

This property is listed by Kelly Washburn and can be reached at (618) 283-1776.

KW

Kelly Washburn

Agent at Fayette County Real Estate

(618) 283-1776

Listed by Fayette County Real Estate · Broker phone: (618) 283-1776 · View on Broker Site

MLS# 25019756· Source: Mid America Regional Information Systems, Inc.· 117 days on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

300 E 2nd Street, Pana, IL 62557

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