250 Peru Street Paw Paw, IL $ 230,000
250 Peru Street
$ 230,000
Share Save

250 Peru Street

Paw Paw, IL, 61353
$ 230,000
Bedrooms-- Baths-- Sq 2,422
250 Peru Street, Paw Paw, IL 61353 - Image 1
250 Peru Street, Paw Paw, IL 61353 - Image 2
250 Peru Street, Paw Paw, IL 61353 - Image 3
250 Peru Street, Paw Paw, IL 61353 - Image 4
250 Peru Street, Paw Paw, IL 61353 - Image 5
250 Peru Street, Paw Paw, IL 61353 - Image 6
250 Peru Street, Paw Paw, IL 61353 - Image 7
250 Peru Street, Paw Paw, IL 61353 - Image 8
250 Peru Street, Paw Paw, IL 61353 - Image 9
250 Peru Street, Paw Paw, IL 61353 - Image 10
250 Peru Street, Paw Paw, IL 61353 - Image 11
250 Peru Street, Paw Paw, IL 61353 - Image 12
250 Peru Street, Paw Paw, IL 61353 - Image 13
250 Peru Street, Paw Paw, IL 61353 - Image 14
250 Peru Street, Paw Paw, IL 61353 - Image 15
250 Peru Street, Paw Paw, IL 61353 - Image 16
250 Peru Street, Paw Paw, IL 61353 - Image 17
250 Peru Street, Paw Paw, IL 61353 - Image 18
250 Peru Street, Paw Paw, IL 61353 - Image 19
250 Peru Street, Paw Paw, IL 61353 - Image 20
250 Peru Street, Paw Paw, IL 61353 - Image 21
250 Peru Street, Paw Paw, IL 61353 - Image 22
250 Peru Street, Paw Paw, IL 61353 - Image 23
250 Peru Street, Paw Paw, IL 61353 - Image 24
250 Peru Street, Paw Paw, IL 61353 - Image 25
250 Peru Street, Paw Paw, IL 61353 - Image 26
250 Peru Street, Paw Paw, IL 61353 - Image 27
250 Peru Street, Paw Paw, IL 61353 - Image 28
250 Peru Street, Paw Paw, IL 61353 - Image 29
250 Peru Street, Paw Paw, IL 61353 - Image 30
250 Peru Street, Paw Paw, IL 61353 - Image 31
250 Peru Street, Paw Paw, IL 61353 - Image 32
250 Peru Street, Paw Paw, IL 61353 - Image 33
250 Peru Street, Paw Paw, IL 61353 - Image 34
250 Peru Street, Paw Paw, IL 61353 - Image 35
250 Peru Street, Paw Paw, IL 61353 - Image 36
250 Peru Street, Paw Paw, IL 61353 - Image 37
250 Peru Street, Paw Paw, IL 61353 - Image 38
250 Peru Street, Paw Paw, IL 61353 - Image 39
250 Peru Street, Paw Paw, IL 61353 - Image 40
250 Peru Street, Paw Paw, IL 61353 - Image 41
250 Peru Street, Paw Paw, IL 61353 - Image 42
250 Peru Street, Paw Paw, IL 61353 - Image 43
250 Peru Street, Paw Paw, IL 61353 - Image 44
250 Peru Street, Paw Paw, IL 61353 - Image 45

Property for Rent in Paw Paw, IL

for $230,000. This 2,422 square foot property was built in 1891 on a lot size of 0.433196.

Business owner retiring after more than 30 years, creating a rare opportunity to acquire a highly versatile mixed-use property in the heart of a caring small-town community. Whether you're an investor seeking cash flow, an entrepreneur looking for a live-work setup, or a business owner ready to expand, this property offers exceptional flexibility and long-term potential. The main floor and basement levels provide approximately 2,000 sq ft of space for a variety of commercial uses including professional offices, educational services, retail, wellness businesses, studios, or community-focused enterprises. The established commercial layout allows for immediate occupancy or adaptation to suit your business needs. The upper level features a private 2-bedroom, 1-bath apartment, providing valuable rental income, employee housing, or owner-occupied living quarters. Situated on two village lots, the property includes a fenced outdoor area, blacktop recreation space, an attached 1-car garage, and an oversized barn/2-car garage offering additional storage, workshop space, contractor facilities, or future business expansion possibilities. Well maintained with ongoing updates and improvements since 1992, this property presents multiple value-add opportunities, including continued mixed-use operation, commercial redevelopment, additional rental income strategies, or conversion to other permitted uses. Invest in your future while becoming part of a thriving small-town community. TIF Incentives available. Properties offering this combination of commercial space, residential income, ample storage, and redevelopment potential are rarely available.

See more

Rental Active

Price

$ 230,000

Taxes

$ 6,003

Style

Lot Size

0.433196

Year Built

1891

Town/City

Paw Paw

County/Region

Lee

MLS | Web ID

12667006

Features
General
Cooling Central Air Window Unit(s) Zoned
Utilities Electric to Site Natural Gas Available Sewer Connected
Possession Closing
Roof Composition
Zoning OTHER
Construction Materials Block Wood Other Frame
Year Built 1891
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Heat Sewer
Stories Count 2
Township Wyoming
Property Subtype Mixed Use
Tax Year 2025
Gross Income 650
Additional Parcels Description 22181047602300
County Lee
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Other
Status Active
Directions Chicago Rd to Peru ST south
City Paw Paw
Number Of Units Total 2
MLS Area Paw Paw
Lot Size Square Feet 18870
Tax Annual Amount 6003.52
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Lease Type N/A
Standard Status Active
See more
Interior
Flooring Carpet Vinyl Other
Total Fireplaces 0
See more
Exterior
Water Source Municipal Water
Foundation Details Block Concrete Perimeter
Building Area Total 2422
Lot Dimensions 85x222
Frontage Type City Street
See more
* Excluded Features
List By
Swanson Real Estate

Broker

wrsleezer10@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2026$230,000 Listed Price

Map


See all


250 Peru Street, Paw Paw, IL, 61353 is a Property for Rent at $230,000 with 2,422 sqft and a lot size of 0.433196. 250 Peru Street was built in 1891. The property's zip code is 61353 which is in Paw Paw, IL