208 Main St, Panama, IL 62077 Property Records

Montgomery County property record for 208 Main St, Panama, IL 62077

Property Summary

Property Type	Commercial Vacant Land
Lot Size	0.152 acres (6,626 sqft)
Owner	2 Individual Names on Record
Last Sale	$12,000 (Oct 2024)
Tax Bill	$72 (2025)
Deeds & Mortgages	Nov 2025 Line of Credit May 2017 Sale + 1 more
APN	`20-22-384-004`

Property Details

APN / Parcel Number

Primary APN	`20-22-384-004`
Alternative APN	`06-000-695-01`

Exterior

Lot Area	6,626 sqft (0.152 acres)

Location & Zoning

Street Address	208 MAIN ST
City	PANAMA
State	IL
Zip	62077-4449
Property Category	Commercial
Property Type	Vacant Land > Commercial
Legal Description	LOT 166 & BAL LOT 165 BLK 9 LOTS IN PANAMA 7-4-695 S T00 R
Legal Block	9
Legal Lot Number	165,166
Jurisdiction	MONTGOMERY IL
Township / Civil Division	GRISHAM
Census Block Group	5
Census Block	5094
Census Tract	958000

Owner

Source: Montgomery County records, as of July 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	PO BOX 831, PANAMA, IL 62077-0831
Owner Type	Individual
Vesting	Joint Tenants with Right of Survivorship

Deeds, Mortgages & Sale History

Date	Document
Nov 3, 2025	Deed of Trust, Mortgage · Line of Credit BRADFORD NATIONAL BANK
May 26, 2017	Quit Claim Deed, Transfer Quitclaim
May 26, 2017	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 15, 2024 · Amount on Record
Deed Sale	Oct 15, 2024 · Amount on Record
Prior Sale	Dec 2, 2014
Deed Document Number	20243047
Prior Transfer Date	Feb 19, 2009
Prior Transfer Doc	001304/146
Record Updated	Sep 20, 2026

November 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONTGOMERY IL
Property Address	208 MAIN ST, PANAMA, IL 62077-4449
Transaction Type	Mortgage
Record Updated	Nov 19, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202503242
Date	Nov 3, 2025
Instrument	202503242

Lender

Name	BRADFORD NATIONAL BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	180 Months
Due	Nov 5, 2040

Interest

Rate Type	Adjustable Rate
Rate	7.5%

May 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MONTGOMERY IL
Recording Date	May 26, 2017
Property Address	MAIN ST, PANAMA, IL 62077
Document Number	201701902
Instrument Date	May 5, 2017
Instrument	201701902
Transaction Type	Transfer
Record Updated	Feb 6, 2021

Transaction

Amount	Amount Recorded
Tax	$1.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	293 TIMBER LN, SORENTO, IL 62086-3326

May 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MONTGOMERY IL
Recording Date	May 26, 2017
Property Address	MAIN ST, PANAMA, IL 62077
Document Number	0201701902
Instrument Date	May 5, 2017
Instrument	201701902
Transaction Type	Transfer
Record Updated	Aug 5, 2022

Transaction

Amount	Amount Recorded
Tax	$1.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	293 TIMBER LN, SORENTO, IL 62086-3326

Tax Assessment & Valuation

Source: Montgomery County assessment roll, as of July 21, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Montgomery County
County Subdivision	Grisham Township
Municipality	Panama Village
Unified School District	Hillsboro Community Unit School District 3 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$72.00 (+1.41%)	$1,010 (+7.45%) Land $1,010	$3,030 (+7.45%) Land $3,030
2024	$71.00	$940 Land $940	$2,820 Land $2,820

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood Zone	Not on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PANAMA serves 343 people · EPA ID IL0054720
Water Source	Purchased surface water from several systems
Last State Inspection	Mar 2024
Lead	3 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Lead service line inventory currently in violation since Oct 2024
Monitoring and Reporting	5 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 115 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Nextlink Fixed Wireless	1,000 / 500
Wisper ISP Fixed Wireless	400 / 30
AT&T Fixed Wireless	25 / 3
Frontier DSL	10 / 1

May also be available: GigFire, Royell Communications, T-Mobile, Verizon.

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