Panama IL Homes for Rent
The median home value in Panama, IL is $25,000.
This is
lower than
the county median home value of $90,500.
The national median home value is $338,100.
The average price of homes sold in Panama, IL is $25,000.
Approximately 73.72% of Panama homes are owned,
compared to 8.76% rented, while
17.52% are vacant.
Panama real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Panama real estate agent to arrange a tour today!
- Type:
- Single Family
- Sq.Ft.:
- 1,800
- Status:
- Active
- Beds:
- 2
- Lot size:
- 81.04 Acres
- Baths:
- 1.00
- MLS#:
- 24064626
- Subdivision:
- Not In A Subdivision
View additional info
Courtesy: Montgomery County Realty, Inc.
532-2525
ADDITIONAL INFORMATION
Hunter’s Paradise on 81.04 Acres offering the perfect blend of woods, pasture, and tillable ground—ideal for hunting, recreation, or farming! The property includes three parcels: 22.48 acres in Montgomery County (20-23-300-008) and 58.56 acres in Bond County (09-01-27-202-001 & 09-01-26-101-001). Approximately 10 acres are tillable, 40 acres are lush pasture, and the remaining acres are heavily wooded in mature virgin timber, this land has never been logged, providing both a scenic retreat and potential income from timber harvesting making this a dream location for hunters and outdoor enthusiasts. The property features a 2 bedroom home with a walk-out basement, a one car tuck-under garage, and an oversized 24x36 detached garage. Utilities include city water, private septic (pumped in 2023), and natural gas. Currently, the tillable land and pasture are leased to a local farmer, offering additional income potential. Don’t miss this incredible opportunity!!!
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.22 Acres
- Baths:
- MLS#:
- 24037988
- Subdivision:
- Not In A Subdivision
View additional info
Courtesy: Montgomery County Realty, Inc.
532-2525
ADDITIONAL INFORMATION
1.21 +/- acres of wooded bliss located on a dead end street! What better way to feel like you are in the country, but have the luxury of being in town. Come and put your personal stamp on it. The possibilities are endless! Seller believes all utilities are located at the street. Buyer responsible for all tap on fees and permits. Buyer and Buyer's Agent to verify all information.
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