250 Peru Street, Paw Paw, IL 61353

Paw Paw
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
250 Peru Street,Paw Paw, IL 61353
$230,000
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  • 5 Beds
  • 5 Baths
  • 2,422 sq. ft.
  • Single family
  • Active
Listed by: wendi sleezer
Office: swanson real estate
MLS#:12624406
Source:MLSNI

Price summary

  • Price:$230,000
  • Price per sq. ft.:$94.96

About this home

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...

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Home facts

  • Year built:1891
  • Listing ID #:12624406
  • Updated:May 14, 2026 at 09:41 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:1
  • Half bathrooms:4
  • Rooms Total:12
  • Kitchen Description:Dishwasher, Kitchen, Range, Refrigerator
  • Basement Description:Egress Window, Finished, Full
  • Living area:2,422 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1891
  • Building area:2,422 sq. ft.
  • Lot Features:Irregular Lot, Mature Trees
  • Architectural Style:Traditional
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Indian Creek Middle School
  • Middle school:Paw Paw Jr/Sr High School
  • Elementary school:Paw Paw Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$230,000
  • Price per sq. ft.:$94.96
  • Tax amount:$6,004 (2025)

Features and amenities

  • Laundry features:Dryer, Washer
  • Amenities:Multiple Water Heaters

Parking

  • Total parking spaces:6
  • Parking description:Attached Garage, Concrete, Detached Garage, Driveway, Garage, Gravel, Off Street
  • Garage:Yes
  • Garage spaces:3
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