Looking for a steel building in Panama, IL? Describe your project once and up to three steel building suppliers and erectors who work in Panama and Montgomery County get back to you with a quote. It's free and there is no obligation.
Panama is home to about 321 people (2024 Census Bureau estimate), a shrinking community (−1.8% since 2020). With 880 people per sq mi, it is a semi-rural area. Shops, farm buildings and light industrial projects here often use pre-engineered steel.
Panama at a glance
- Population (Census Bureau estimate, 2024)
- 321 (−1.8% since 2020)
- Rank in Illinois
- 983rd of 1,294 cities and towns
- Land area
- 0.4 sq mi
- Population density
- 880 people per sq mi (semi-rural)
- Type
- Village (Panama village)
- Main county
- Montgomery County
What to check before hiring in Panama
- Loads: in Illinois, the building must be designed for local wind and snow loads.
- Permit: expect sealed drawings and a foundation design.
- Scope: compare kits, erection and turnkey on the same basis.
- Price drivers: size, height, doors, insulation and steel prices.
Useful official resources
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Metal Building Manufacturers Association
Official information and guidance.
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ICC: International Code Council
Official information and guidance.
Services available in Panama
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Steel building kit
Engineered pre-engineered metal building kit with sealed drawings for the permit.
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Steel building erection and turnkey
Foundation, erection and finishing of a steel building.
Frequently asked questions in Panama
How much does a steel building cost in Panama, IL?
It depends on size, loads, doors, insulation and erection. Describe your building: pros who serve Panama reply with a quote.
How long does it take?
Kits often ship in weeks; erection takes days to weeks.
Can I erect it myself?
Small kits can be; larger ones need experienced crews and equipment.
Which steel building suppliers and erectors will contact me?
Up to three independent steel building suppliers and erectors who serve Panama and the surrounding area, chosen for the service you need. Your details are shared only with your consent.
Source: U.S. Census Bureau, Population Estimates Program (Vintage 2024) and Gazetteer Files (public domain), imported on 10/31/2026. Figures describe the incorporated place or county as published; they are shown for information only.