A little acreage, a pond, AND a garage you have to see! This well maintained 3 bedroom, 2 bath ranch sits on 3.35+/- acres across four parcels and offers plenty of space both inside and out. The open concept kitchen, dining, and living area creates an easy, welcoming flow, with a kitchen island providing additional prep space and seating. A built in desk in the laundry room adds a convenient spot for paperwork, homework, or everyday organization. The home also features 6-inch walls and blown in insulation in the attic. Outside, enjoy the covered front porch, covered side deck, fenced front yard, and a pond located just off the side of the home. Two additional storage sheds provide even more space for lawn equipment, tools, and outdoor gear. One of the highlights is the impressive 25x41 attached garage with 14ft ceilings - ideal for extra storage, a workshop, larger vehicles, or hobbies. The garage features two generously sized overhead doors with one measuring 12x12 and the other 10x9. The garage sits lower than the main living area, and a chair lift is already in place for easier access between the two. The home has been well cared for with newer interior paint, a roof replaced in 2025, furnace replaced within the last five years, water heater within the last three years, and newer refrigerator and dishwasher. The wooden deck was also covered in fall 2025. With acreage, a pond, an oversized attached garage, and a well-maintained ranch all in one property, this one has a lot to offer!

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.