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Single Family ResidentialResidential
$66,734$417 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 68How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $7,000 on Jun 10, 2021

116 CLEVELAND AVE

PANAMA, IL 62077
0
Baths
160 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.27 ac
Lot SizeThe size of the land the home sits on, from county records.
1976
Year BuiltThe year the home was originally built, according to county records.

Valuation

$67K
$46K low$88K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$7,000 · Jun 10, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,172 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$22,260 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$710
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$21,550
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$20,810
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$66,780

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMONTGOMERY
Lot (acres)The size of the land the home sits on, from county records.0.27
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Beckemeyer Elementary SchoolB
Elementary · Grades KG–5 · 8.5 mi
H
Hillsboro High SchoolC-
High · Grades 9–12 · 8.7 mi
M
Hillsboro Jr High SchoolB+
Middle · Grades 6–8 · 8.8 mi

District: Hillsboro Community Unit School District 3

Neighborhood · ZIP 62077These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.124

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.2
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.16 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,291
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,158
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

116 Cleveland Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 75% of homes in Panama 62077
  • Among the highest price per square foot in Panama 62077
  • Smaller than 98% of homes in Montgomery County
  • Has a smaller lot than 66% of homes in Montgomery County
  • Newer than 78% of homes in Panama 62077

What homes are worth in Panama 62077

Each bar is how many homes fall in that price range. The marker is this home.

This home
$18K$150K

This home is worth more than 75% of homes in Panama 62077.

How it measures up in Panama 62077

The dot is this home. The mark in the middle is the typical home in Panama 62077.

Estimated value$66,734
CheaperTypical $43,575Pricier

Pricier than 75% of homes nearby

Price per ft²$417
CheaperTypical $49Pricier

Pricier than almost all homes nearby

Living area160 ft²
SmallerTypical 980 ft²Bigger

Bigger than 3% of homes nearby

Lot size0.27 ac
SmallerTypical 0.31 acBigger

Bigger than 42% of homes nearby

Year built1976
OlderTypical 1900Newer

Newer than 78% of homes nearby

How 116 Cleveland Ave ranks against every home in each area.
MeasureThis homePanama 62077Montgomery County
Estimated valuepricier than$66,73475% of homes28% of homes
Price per ft²pricier than$417almost all homes95% of homes
Living areabigger than160 ft²3% of homes2% of homes
Lot sizebigger than0.27 ac42% of homes34% of homes
Year builtnewer than197678% of homes74% of homes

About 116 Cleveland Ave

How much is 116 Cleveland Ave, Panama, IL worth?

The TopHap Estimate for 116 Cleveland Ave, Panama, IL is $66,734 as of Oct 21, 2026. The likely range is $45,583 to $87,885. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 116 Cleveland Ave, Panama, IL last sell?

116 Cleveland Ave, Panama, IL last sold on Jun 10, 2021 for $7,000, according to the county's recorded deed.

How big is 116 Cleveland Ave, Panama, IL?

116 Cleveland Ave, Panama, IL has 160 square feet of living space and a 0.27-acre lot.

When was 116 Cleveland Ave, Panama, IL built?

116 Cleveland Ave, Panama, IL was built in 1976, making it 50 years old.

What schools serve 116 Cleveland Ave, Panama, IL?

116 Cleveland Ave, Panama, IL is assigned to Beckemeyer Elementary School (elementary), rated B; Hillsboro High School (high), rated C-; Hillsboro Jr High School (middle), rated B+. All sit in Hillsboro Community Unit School District 3. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 116 Cleveland Ave, Panama, IL compare to other homes in Panama 62077?

Among the 166 homes in Panama 62077, it is worth more than 75% of them ($66,734 against a typical $43,575), its price per square foot is higher than almost all of them ($417 against a typical $49), it is bigger than 3% of them (160 ft² against a typical 980 ft²), its lot is bigger than 42% of them (0.27 ac against a typical 0.31 ac) and it is newer than 78% of them (1976 against a typical 1900). Measured against all of Montgomery County, it is worth more than 28% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 116 Cleveland Ave, Panama, IL?

The 2025 property tax bill for 116 Cleveland Ave, Panama, IL was $1,172. The county assessed it at $22,260.

More homes on Cleveland Ave

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Assigned schools

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