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701 E 3rd St, Pana, IL, 62557

3beds
2baths
1,376sqft
$54,900
$40price/sqft
$556/moest. monthly cost
$22,240/yrincome needed

About This Home

Sitting on a large corner lot, this 3 bed 2 bath home is waiting for the right owner to bring it back to it's original beauty. Think of this as a blank slate to create your next dream home!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
7/10
Pana Jr High SchoolGrades 6-80.9 mi
6/10
Pana Sr High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Basement,Crawlspace
  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,None
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Unfinished,Crawl Space,Partial

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Breakfast Room Nook

  • Level: Main

Features

  • Fireplace
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,376

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,376
  • Total interior livable area: 1,376 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Other

  • Level: Upper

Other

  • Level: Main

Property

Details

  • Parcel number: 11252213600100
  • Zoning: RES
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Screened

Lot

  • Lot size: 10,018 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Hail
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $277$3,324
Home Insurance *$81$972
Property Taxes $68$816
Electricity $130$1,569
Total$556$6,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,062/yr
40% on housing$16,680/yr
45% on housing$14,826/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.3%
-3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$40This listing

vs Other Active Listings

Avg $/sqft

ZIP 62557$66
Christian County$91

vs Homes Sold Last Month

Median $/sqft

ZIP 62557$86
Christian County$96

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Price change$65,000
2026-03-12Listed for sale$85,000
2025-10-10Sold$46,200
2021-09-24Sold$67,000
2016-04-19Sold$40,000

For Sale by Agent

AgentJunette Randol
BrokerageGlenda Williamson Realty

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