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!
Status: Active · MLS# 25019756 · Listing Courtesy of Fayette County Real Estate
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0 Bed
0 Bath
2,116 sq.ft
$89 per sq.ft
$ 179,000
Active
549
25019756
0
0
2,116
Railroad Add
PANA DIST 8
Christian
Residential Income
Sale
Residential Income
135
Apartment Complex
$2,571
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 1609 E 350 North Road, Pana, IL 62557 | 4/2 | 3,396 | $340,000 | $340,000 100% of ask |
Sep 8, 2026 |
| 15 Oak Tree Lane, Pana, IL 62557 | 2/1 | 915 | $50,000 | $112,360 224.7% of ask |
Apr 13, 2026 |
| 308 N Locust Street, Pana, IL 62557 | 3/2 | 1,390 | $98,500 | $98,500 100% of ask |
Nov 26, 2025 |
| 314 Hickory, Pana, IL 62557 | 3/3 | 1,332 | $95,500 | $93,500 97.9% of ask |
Jun 27, 2025 |
| 0 N 600 East Road, Pana, IL 62557 | 0/0 | -- | $85,000 | $75,000 88.2% of ask |
Jun 13, 2025 |
| 700 S Cedar Street, Pana, IL 62557 | 3/3 | 1,600 | $219,500 | $200,000 91.1% of ask |
Jan 10, 2025 |
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Prefilled with the national 30 year fixed average, 7.4% as of Oct 8, 2026 (Freddie Mac). Your rate will differ. Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.