Paw Paw, IL Commercial Real Estate for Sale

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Earlville, IL The Burg, IL Shabbona, IL Mendota, IL Waterman, IL Leland, IL Sublette, IL Rochelle, IL
Mixed-Use Live-Work Property
Updated: Jun 3
Mixed-Use Live-Work Property

250 Peru Street, Paw Paw, IL 61353

$230,000
0.43 AC lot
Mixed‑use property built in 1891 with Block, Wood, and Frame construction and a composition roof
Approximately 2,000 SF of adaptable commercial space across the main level and finished basement
Second floor includes a private 2‑bedroom, 1‑bath apartment for owner‑occupancy or rental income
Set on two village lots with a fenced outdoor area plus blacktop parking/recreation space
Attached 1‑car garage and an oversized barn with room for two vehicles
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Mixed-Use Property with Apartment
Updated: May 7
Mixed-Use Property with Apartment

250 Peru Street, Paw Paw, IL 61353

$230,000
Year built 1891 frame construction with asphalt roof
Mixed‑use layout with existing second‑floor 2‑bedroom apartment for immediate rental income
Adaptable floor plan with plumbing infrastructure in place, potentially creating up to three income‑producing spaces (subject to zoning/municipal approvals)
Two village lots with fenced outdoor area and patio
Parking includes off alley/off street options plus driveway; attached one‑car garage
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Agricultural Land Tract
Agricultural Land Tract

TRACK 1 DREDGE Road, Paw Paw, IL 61353

$109,900
5.07 AC lot

5.07-acre tract currently leased to a farmer, offering open space for agricultural and equestrian-oriented uses.

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Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 3 Active listings in Paw Paw, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 38 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Retail Frontage
Mixed-Use Building with Retail Frontage

E Lincoln Street, Waterman, IL 60556

$295,000
0.06 AC lot

Includes two street-level storefront spaces and three upstairs apartments with one currently vacant.

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Zoned B3 Service District Lot
Zoned B3 Service District Lot

Lot 1 Kailash Dr, Mendota, IL 61342

Contact for pricing
1.17 AC lot

Commercial lot zoned B3 with utilities in place and curb-and-gutter infrastructure ready for development.

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Fully Improved Commercial Lot
Fully Improved Commercial Lot

Lot 1 Kailash Drive, Mendota, IL 61342

$80,000

Fully improved commercial lot with curb, gutter, and utilities in place at the I-39 and Route 34 interchange.

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Commercial Land on Lincoln Highway
Commercial Land on Lincoln Highway

250 E Lincoln Highway, Waterman, IL 60556

$355,000

Commercial land available on Lincoln Highway in Waterman, Illinois.

View details

Off-Market Properties in Paw Paw, IL

Consider similar Off-Market properties in Paw Paw, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

316 Chicago Rd
COMMERCIAL (GENERAL)

316 Chicago Rd, Paw Paw, IL 61353-9210

Value Estimation by Request
0.06 AC lot
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330 Chicago Rd
COMMERCIAL (GENERAL)

330 Chicago Rd, Paw Paw, IL 61353-9207

Value Estimation by Request
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341 Chicago Rd
COMMERCIAL (GENERAL)

341 Chicago Rd, Paw Paw, IL 61353-8942

Value Estimation by Request
0.05 AC lot
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312 Chicago Rd
COMMERCIAL (GENERAL)

312 Chicago Rd, Paw Paw, IL 61353

Value Estimation by Request
0.25 AC lot
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361 Chicago Rd
COMMERCIAL (GENERAL)

361 Chicago Rd, Paw Paw, IL 61353-8901

Value Estimation by Request
0.50 AC lot
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311 Chicago Rd
COMMERCIAL (GENERAL)

311 Chicago Rd, Paw Paw, IL 61353

Value Estimation by Request
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3323 Chicago Rd
COMMERCIAL (GENERAL)

3323 Chicago Rd, Paw Paw, IL 61353

Value Estimation by Request
3.57 AC lot
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Flagg St
COMMERCIAL (GENERAL)

Flagg St, Paw Paw, IL 61353

$790,000
Estimated value
0.41 AC lot
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Paw Paw, IL 61353
COMMERCIAL (GENERAL)

Paw Paw, IL 61353

$790,000
Estimated value
View details
235 Chicago Rd
COMMERCIAL (GENERAL)

235 Chicago Rd, Paw Paw, IL 61353-9208

Value Estimation by Request
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510 Lions Dr
COMMERCIAL (GENERAL)

510 Lions Dr, Paw Paw, IL 61353

Value Estimation by Request
3.42 AC lot
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3313 Chicago Rd
COMMERCIAL (GENERAL)

3313 Chicago Rd, Paw Paw, IL 61353-9503

Value Estimation by Request
1.46 AC lot
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345 Chicago Rd
COMMERCIAL (GENERAL)

345 Chicago Rd, Paw Paw, IL 61353-8901

Value Estimation by Request
0.05 AC lot
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347 Chicago Rd
COMMERCIAL (GENERAL)

347 Chicago Rd, Paw Paw, IL 61353-8955

Value Estimation by Request
0.05 AC lot
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232 Peru St
COMMERCIAL (GENERAL)

232 Peru St, Paw Paw, IL 61353-8917

Value Estimation by Request
0.55 AC lot
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747 Jordan Dr
COMMERCIAL (GENERAL)

747 Jordan Dr, Paw Paw, IL 61353-2001

Value Estimation by Request
1.05 AC lot
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236 Chapman St
COMMERCIAL (GENERAL)

236 Chapman St, Paw Paw, IL 61353-8910

Value Estimation by Request
0.26 AC lot
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381 Chicago Rd
COMMERCIAL (GENERAL)

381 Chicago Rd, Paw Paw, IL 61353-8901

Value Estimation by Request
0.32 AC lot
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205 Wheeler St
COMMERCIAL (GENERAL)

205 Wheeler St, Paw Paw, IL 61353-9539

Value Estimation by Request
2.03 AC lot
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216 Chicago Rd
COMMERCIAL (GENERAL)

216 Chicago Rd, Paw Paw, IL 61353-9209

Value Estimation by Request
0.08 AC lot
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351 Chicago Rd
COMMERCIAL (GENERAL)

351 Chicago Rd, Paw Paw, IL 61353-8945

Value Estimation by Request
View details

Paw Paw, IL Commercial Real Estate Market Trends and Statistics

Explore 41 commercial real estate for sale in Paw Paw, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $569,900.

Sale prices for business properties in Paw Paw, IL start at $109,900, averaging $189,966, and reaching up to $230,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,219
Population Growth (5Y) +1.5%
Median Household Income $64,667
College Educated 20.0%

High-Yield Neighborhoods for Investment

Identify Paw Paw submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61353 $178.3K

Taxes & Financing

Tax Rate (average for all types) 8.89%
Tax Rate vs County Average 0.67 pp above county avg
Average Loan-to-Value 65.0%

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