If you've been craving a little more space and a quieter setting, this one is worth a look. Tucked away on a dead end street and spanning three parcels on 2.25+/-, there's plenty of room to spread out, unwind, and make it your own. Picture slow mornings on the front porch and peaceful evenings on the private deck just off the primary bedroom - your own little retreat right at home. Need space for hobbies, storage, or projects? The detached 2 car garage with a workshop has you covered, plus there's an additional shed for even more flexibility. Big ticket updates are already in place with a metal roof on both the home and shed completed in 2025 and a newer furnace within the last 5 years. Whether you're just starting out or looking to simplify without giving up space, this property is for you. Come see the potential for yourself!
Cozy and Full of Potential! This sweet 2 bedroom, 1 bathroom home is move-in ready with updates where it counts: newer furnace & water heater, newer windows on main level, updated electric & plumbing, and a touch of fresh paint. The open layout feels spacious, welcoming, and the full unfinished basement is just waiting for your creative vision!

Panama is located in Illinois. Panama, Illinois has a population of 246. Panama is less family-centric than the surrounding county with 14.93% of the households containing married families with children. The county average for households married with children is 24.79%.
The median household income in Panama, Illinois is $56,875. The median household income for the surrounding county is $59,309 compared to the national median of $69,021. The median age of people living in Panama is 54.3 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 41.4 inches per year, with 13.2 inches of snow per year.