There are multiple listings for this address:
250 Peru Street
Paw Paw, IL, 61353
$230,000
5 Beds
5 Baths
0 SqFt
0 Acres
Add
MLS #MRD12618041 image #0
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.

Property Details

Price:
$230,000
MLS #:
MRD12618041
Status:
Active
Beds:
5
Baths:
5
Type:
Multi Family
Subtype:
Mixed Use
Neighborhood:
pawpaw
Listed Date:
May 7, 2026
Total Sq Ft:
2,422
Year Built:
1891
Units:
2
Paw PawPawpaw

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Schools

Interior

Cooling
Central Air, Window Unit(s), Zoned
Flooring
Carpet, Vinyl, Other

Exterior

Construction Materials
Block, Wood, Other, Frame
Roof
Composition
Stories
2

Financial

Tax Year
2025
Taxes
$6,004

Map

Community

Market Summary

Current real estate data for Multi Family in Paw Paw as of Jun 17, 2026
1
Multi Family Listed
41
Avg DOM
$230,000
Avg List Price

Property Summary

    250 Peru Street Paw Paw IL is a Multi Family for sale in Paw Paw, IL, 61353. It is listed for $230,000

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250 Peru Street
Paw Paw, IL
250 Peru Street
Paw Paw, IL, 61353
$230,000
5 Beds
5 Baths
2,422 SqFt
0 Acres
Add
MLS #MRD12624406 image #0
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.

Property Details

Price:
$230,000
MLS #:
MRD12624406
Status:
Active
Beds:
5
Baths:
5
Type:
Single Family
Subtype:
Mixed Use
Neighborhood:
pawpaw
Listed Date:
May 7, 2026
Finished Sq Ft:
2,422
Total Sq Ft:
2,422
Year Built:
1891
Paw PawPawpaw

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air, Window Unit(s), Zoned
Flooring
Carpet, Vinyl, Other

Exterior

Construction Materials
Block, Wood, Other, Frame
Roof
Composition
Stories
2

Financial

Tax Year
2025
Taxes
$6,004

Map

Community

Market Summary

Current real estate data for Single Family in Paw Paw as of Jun 17, 2026
1
Single Family Listed
41
Avg DOM
$230,000
Avg List Price

Property Summary

    250 Peru Street Paw Paw IL is a Single Family for sale in Paw Paw, IL, 61353. It is listed for $230,000 and features 5 beds, 5 baths, and has approximately 2,422 square feet of living space, and was originally constructed in 1891. The current price per square foot is $95. The average listing price for Single Family in Paw Paw is $230,000.

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250 Peru Street
Paw Paw, IL, 61353
$230,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12667006 image #0
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.

Property Details

Price:
$230,000
MLS #:
MRD12667006
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
pawpaw
Listed Date:
Jun 3, 2026
Total Sq Ft:
2,422
Year Built:
1891
Paw PawPawpaw

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air, Window Unit(s), Zoned
Flooring
Carpet, Vinyl, Other

Exterior

Construction Materials
Block, Wood, Other, Frame
Roof
Composition
Stories
2

Financial

Tax Year
2025
Taxes
$6,004

Map

Community

Market Summary

Current real estate data for Commercial in Paw Paw as of Jun 17, 2026
1
Commercial Listed
41
Avg DOM
$230,000
Avg List Price

Property Summary

    250 Peru Street Paw Paw IL is a Commercial for sale in Paw Paw, IL, 61353. It is listed for $230,000

Similar Listings Nearby