x
Showing 1 of 0
X
Save

250 Peru Street
Paw Paw IL 61353 US

$230,000

Active Listing ID 12618041
bed icon
5 bed
bath icon
5.00 Bath (1 Full , 4 Half)
home icon
Other

$230,000

Active Listing ID 12618041
Save

250 Peru Street Business owner retiring-offering a rare commercial real estate investment opportunity to reimagine this well-maintained, income-producing property for your next venture or portfolio expansion. Currently operating as a long-standing daycare and preschool, this versatile mixed-use property is primed for transformation with multiple high-value exit strategies. Ideally positioned for commercial mixed-use zoning potential, continue operating a business while incorporating comfortable residential living quarters. Investors will appreciate the ability to convert into a multi-unit income property, with potential for 2-3 rental units utilizing the existing footprint, strategic bathroom enhancements, an existing 2nd-floor apartment, and an exterior-access finished basement-ideal for separate tenant entry and rental flexibility. Alternatively, reimagine the property as a multi-family investment property or fully deconvert into a spacious single-family home, perfectly suited for multi-generational living with defined separation, privacy, and flexible floorplan options to accommodate extended family or dual living needs. Set on two village lots, the property features a fenced yard, a blacktop half basketball court, and ample outdoor space for expansion, recreation, or value-add improvements. The oversized barn/garage offers exceptional storage, workshop, or contractor space, complemented by an attached one-car garage currently utilized by the tenant. Meticulously maintained with consistent interior updates since 1992, this is a rare opportunity for investors, developers, or owner-occupants to secure a flexible, high-potential property with strong income-producing capability, redevelopment upside, and long-term ROI potential.

Collapse all

Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • 1/2 Bathrooms: 4
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement
  • Patio

School Information

  • School
  • Paw Paw Elementary School(Elementary)
  • Paw Paw Jr/Sr High School(MiddleSchool)
  • Indian Creek Middle School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 230000
  • unparsedaddress: 250 Peru Street
  • postalcity: Paw Paw
  • stateorprovince: IL
  • country: US
  • postalcode: 61353
  • bathroomsfull: 1
  • bathroomshalf: 4
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.688099
  • longitude: -88.981634
  • listagentfullname: Wendi Sleezer
  • listagentemail: wrsleezer10@gmail.com
  • listagentkey: 3yd-MREDIL-247447
  • listagentmlsid: 247447
  • listagentpreferredphone: (815) 693-4958
  • listagentofficephone: 6304866514
  • listofficekey: 3yd-MREDIL-24215
  • listofficemlsid: 24215
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1891
  • listingcontractdate: 2026-05-07
  • listagenturl: https://Swansonrealestate.net
  • countyorparish: Lee
  • parcelnumber: 22181047602500
  • elementaryschool: Paw Paw Elementary School
  • highschool: Indian Creek Middle School
  • elementaryschooldistrict: 271
  • middleorjuniorschooldistrict: 271
  • highschooldistrict: 145
  • constructionmaterials: Frame
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 7
  • parkingfeatures: Driveway, Off Street, Garage, Off Alley, Owned
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • windowfeatures: Screens
  • architecturalstyle: Other
  • rooms: Bathroom 5, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Laundry Room, Basement, Bathroom 2, Bathroom 4, Utility Room, Bedroom 2, Bathroom 1, Bedroom 3
  • otherstructures: Second Garage
  • patioandporchfeatures: Patio
  • basement: Full, Exterior Entry, Finished, Daylight
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -88.981636, 41.6881
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Swanson Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"wrsleezer10@gmail.com", "ListBrokerageCity":"Sandwich", "ListBrokerageCountry":"US", "ListBrokerageEmail":"joesre@comcast.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Swanson Real Estate", "ListBrokeragePhone":"(815) 693-4958", "ListBrokeragePostalCode":"60548", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"503 E Church Street", "ListBrokerageWebsiteUrl":"https://Swansonrealestate.net", "ListOfficeAddress1":"503 E. Church Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"24215", "ListOfficeCity":"Sandwich", "ListOfficeCountry":"US", "ListOfficeEmail":"joesre@comcast.net", "ListOfficePostalCode":"60548", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Paw Paw, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/250-Peru-St_Paw-Paw_IL_61353_M83317-82499?f=listhub&s=MREDIL&m=12618041&c=rexren", "MLSModificationTimestamp":"2026-06-18 09:17:03", "Neighborhoods":[{"Description":null, "Name":"Paw Paw"}], "PostalCode":null, "RoomCount":14, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6004, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/18/2026 9:26:47 AM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Wendi Sleezer, Swanson Real Estate, wrsleezer10@gmail.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.