Estimated payment $337/month
Highlights
- Very Popular Property
- Fishing
- Community Lake
- Lake Front
- 6.86 Acre Lot
- Rear Porch
About This Home
Price listed is Starting Bid Only. Bidding starts closing 3/11/2026 @ 5 p.m. Tucked along the peaceful shoreline of Lake Pana in Pana, Illinois, this charming two bedroom, one bath retreat offers the very best of relaxed lakeside living. With its own private boat dock, the home provides access to Lake Pana, making it effortless to enjoy boating, water sports, swimming, and fishing right outside your door. From morning coffee overlooking the water to sunset cruises, every day feels like a getaway. A welcoming wrap around porch leads into a screened in sunroom with sweeping lake views, an ideal setting for breezy summer evenings, weekend gatherings, and effortless BBQ entertaining. Inside, the home is bright, comfortable, and thoughtfully arranged for both everyday living and vacation stays. The recently updated kitchen includes all appliances, a prep counter with storage and seating room for those quick meals on the go, and a cozy dining nook perfect for casual meals after a day on the water. The spacious living room features an electric fireplace as its focal point and includes a flat screen TV with internet available for uninterrupted streaming. Both bedrooms are generously sized and equipped with dedicated baseboard heat and A/C wall units, offering year round comfort. A well appointed full bathroom sits just steps away. The home is fully electric and connected to public water and sewer. Outside, a detached two car garage provides ample space for vehicles, lake toys, and storage. A new metal roof installed in 2021 adds peace of mind. The land is not included in the sale as the land the home sits on is part of a 99 year land lease with an annual lot fee of $350, while the current owner of the home pays their portion of the property taxes for the lot. Whether you are seeking full time lake living, or the perfect weekend escape, this fully furnished and well maintained home invites you to simply bring your sunscreen and start enjoying life on Lake Pana. *Home is being sold fully furnished* Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.
Listing Agent
Adams Auction & Real Estate Services Inc. License #440-000169 Listed on: 02/23/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1976
Lot Details
- 6.86 Acre Lot
- Lake Front
- Gentle Sloping Lot
- Back Yard
HOA Fees
- $29 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Metal Roof
Interior Spaces
- 915 Sq Ft Home
- 1-Story Property
- Electric Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Screened Patio
- Rear Porch
Schools
- Pana Dist 8 Elementary And Middle School
- Pana High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Baseboard Heating
- 220 Volts
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 11-25-24-403-012-00
Community Details
Overview
- City Of Pana Reservoir Association
- Community Lake
Amenities
- Common Area
Recreation
- Fishing
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,019 | $41,378 | $4,374 | $37,004 |
| 2023 | $3,859 | $39,095 | $4,133 | $34,962 |
| 2022 | $3,584 | $34,922 | $3,795 | $31,127 |
| 2021 | $3,506 | $34,238 | $3,721 | $30,517 |
| 2020 | $3,413 | $32,785 | $3,563 | $29,222 |
| 2019 | $3,435 | $33,557 | $3,647 | $29,910 |
| 2018 | $2,703 | $26,500 | $3,563 | $22,937 |
| 2017 | $2,720 | $27,041 | $3,636 | $23,405 |
| 2016 | $2,690 | $26,966 | $3,626 | $23,340 |
| 2015 | $2,687 | $26,652 | $3,583 | $23,069 |
| 2014 | $1,943 | $24,790 | $3,333 | $21,457 |
| 2013 | $1,947 | $19,187 | $1,710 | $17,477 |
| 2011 | $1,916 | $19,640 | $1,750 | $17,890 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/23/2026 02/23/26 | For Sale | $50,000 | -56.5% | $55 / Sq Ft | |
| 05/13/2021 05/13/21 | Sold | $115,000 | -15.4% | $128 / Sq Ft | View Prior Sale |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- | |
| 07/08/2019 07/08/19 | For Sale | $135,900 | -- | $151 / Sq Ft |
Source: MARIS MLS
MLS Number: MIS26010033
APN: 11-25-24-403-012-00
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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