Montgomery County property record for 232 North Ave, Panama, IL 62077
| Property Type | Commercial |
|---|---|
| Details | 1,860 sqft · built 2002 |
| Lot Size | 0.213 acres (9,292 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $40,000 (Jul 2021) |
| Tax Bill | $1,370 (2025) |
| Deeds & Mortgages | Jul 2022 Mortgage Jul 2021 Sale & Mortgage |
| APN | 20-22-379-028 |
| Primary APN | 20-22-379-028 |
|---|---|
| Alternative APN |
|
| Building Area | 1,860 sqft Total Area |
|---|
| Year Built | Built 2002 |
|---|---|
| Effective Year Built | Effective 2002 |
| Lot Area | 9,292 sqft (0.213 acres) |
| Street Address | 232 NORTH AVE |
|---|---|
| City | PANAMA |
| State | IL |
| Zip | 62077-4453 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | LOT 234 & N 1/2 LOT 235 BLK 14 LOTS IN PANAMA 7-4-765 & 766 S T00 R |
| Legal Subdivision | TOWN NOW VILLAGE OF PANAMA |
| Legal Block | 14 |
| Legal Lot Number | 234,235 |
| Jurisdiction | MONTGOMERY IL |
| Township / Civil Division | GRISHAM |
| Census Block Group | 5 |
| Census Block | 5172 |
| Census Tract | 958000 |
Source: Montgomery County assessment roll, 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 File |
|---|---|
| Mailing Address | PO BOX 713, PANAMA, IL 62077-0713 |
| Owner Type | Individual |
| Date | Document |
|---|---|
| Jul 18, 2022 | Deed of Trust, Mortgage · Conventional Mortgage BANK OF HILLSBORO |
| Jul 14, 2021 | Warranty Deed, Transfer · Conventional Mortgage BANK OF HILLSBORO |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Last Sale | Jul 14, 2021 · Amount on Record |
| Deed Sale | Jul 14, 2021 · Amount on Record |
| Prior Sale | Apr 15, 2008 · Amount on Record |
| Deed Document Number | 20212502 |
| Deed Book / Page | 1757 / 6 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MONTGOMERY IL |
| Property Address | 232 NORTH AVE, PANAMA, IL 62077-4453 |
| Transaction Type | Mortgage |
| Record Updated | Aug 5, 2022 |
| Title Company | SPEARS TITLE |
| Name | Verified Name |
|---|
| Document Number | 001783/370 |
|---|---|
| Date | Jul 18, 2022 |
| Book Page | 1783/370 |
| Instrument | 202202217 |
| Name | BANK OF HILLSBORO |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Fixed Rate |
|---|
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MONTGOMERY IL |
| Recording Date | Jul 14, 2021 |
| Property Address | 232 NORTH AVE, PANAMA, IL 62077-4453 |
| Document Number | 00001757/6 |
| Book / Page | 1757 / 6 |
| Instrument Date | Jul 14, 2021 |
| Instrument | 202102502 |
| Transaction Type | Transfer |
| Record Updated | Aug 5, 2022 |
| Title Company | CERTIFIED TITLE |
| Amount | Amount Recorded |
|---|---|
| Tax | $60.00 |
| Amount Accuracy | Calculated from Transfer Tax |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants |
| Address | PO BOX 713, PANAMA, IL 62077-0713 |
| Document Number | 20210250317579 |
|---|---|
| Date | Jul 14, 2021 |
| Instrument | 20210250317579 |
| Name | BANK OF HILLSBORO |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Rate | 4.25% |
|---|
Source: Montgomery County assessment roll, as of July 21, 2026
| 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) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $1,370.00 | $19,010 Land $610 Building $18,400 | $57,030 Land $1,830 Building $55,200 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
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.
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 |
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 |
| 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.
Source: FCC Broadband Data Collection, based on 115 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AMG Technology Investment Group 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: LTD Broadband, Royell Communications, T-Mobile USA, Verizon.
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