250 Peru Street, Paw Paw, IL 61353

Paw Paw
Local realty services provided by:Better Homes and Gardens Real Estate Connections
250 Peru Street,Paw Paw, IL 61353
$230,000
  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: wendi sleezer
Office: swanson real estate
MLS#:12618041
Source:MLSNI

Price summary

  • Price:$230,000

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 #:12618041
  • Updated:June 08, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:1
  • Half bathrooms:4
  • Rooms Total:14
  • Basement Description:Egress Window, Finished, Full

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1891
  • Lot Features:Irregular Lot
  • Architectural Style:Farmhouse, Traditional
  • Foundation Description:Block, 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
  • Tax amount:$6,004 (2025)

Features and amenities

  • Amenities:CO Detectors, Multiple Water Heaters

Parking

  • Total parking spaces:7
  • Parking description:Attached Garage, Detached Garage, Driveway, Garage, Off Alley, Off Street
  • Garage:Yes
  • Garage spaces:3
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