Building Details

Buildings 1

Listing Agency: Tri-County Property Management & Sales LLC

Listed By: Roger Blomgren · License #IL Show Phone

Source: Crexi

Added: Apr 21 Changed: Sep 13 Last Checked: Sep 15 at 5:59AM

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Investment Insights

Based on property information with market context.

This standalone mixed-use building contains a commercial storefront and a studio apartment. The commercial space is currently used for clothing and other consigned merchandise, while the apartment is occupied by a long-term tenant. The property previously operated as a laundromat. Located at 216 Chicago Road, it is adjacent to a Casey's near the entrance to Paw Paw, Illinois. The existing layout combines retail activity with residential occupancy in one compact property.

Key Highlights

• Standalone mixed‑use building with commercial storefront and studio apartment
• Current clothing and consigned‑goods operation
• Studio apartment occupied by a long‑term tenant

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Dental Office Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Real Estate Agency Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80

Businesses Nearby

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Demographics for 61353, IL

1,207

Population

572

Households

2.1

Avg Household Size

45

Median Age

15%

College-Educated

95%

High-School Grad

32.3 sq mi

ZIP Area

37

Density / Sq Mi

$64,667

Median Household Income

$38,000

Median Earnings

$853

Median Rent

$163,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - A retail-oriented building with an occupied studio apartment and an existing consignment-goods operation.

Where is this mixed-use property located?

The property is located at 216 Chicago Road Paw Paw, IL.

What is the asking price?

The asking price for this property is $74,999.

What are key features of this property?

This property features: Standalone mixed‑use building with commercial storefront and studio apartment; Current clothing and consigned‑goods operation; Studio apartment occupied by a long‑term tenant