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Mixed-Use Property with Apartment

250 Peru Street Paw Paw, IL 61353

250 Peru Street, Paw Paw, IL, 61353

$230,000

For Sale

$230,000

MULTI_FAMILY - Other - Paw Paw, IL

Days on Market77

Property Features for 250 Peru Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Bathrooms: 5
Rooms: Bedroom 1, Utility Room, Bedroom 3, Laundry Room, Basement, Bathroom 5, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1
Parking: 7
Parking features: Garage, Off Alley, Driveway, Off Street, Owned
Window features: Screens
Patio and Porch features: Patio
Fencing: Fenced
Basement: Daylight, Finished, Exterior Entry, Full
Standard status: Active
APN: 22181047602500

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 6004

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Forced Air
Water source: Public

Building Details

Year built: 1891
Building materials: Frame
Roof type: Asphalt
Architectural style: Other
Additional Structures: Second Garage

Listing agency Swanson Real Estate

Listed by Wendi Sleezer

Added: May 7 Updated: Jul 21 at 11:57AM Checked: Jul 22 at 3:06AM

MLS# 12618041

Investment Insights

Based on property information with market context.

This mixed-use property includes an existing second-floor 2-bedroom apartment and expansive main and lower levels that can be retained as a single large space or reconfigured into separate units, subject to zoning and municipal approvals. Public remarks indicate much of the plumbing infrastructure is already in place. The property is described as well maintained with ongoing improvements over time, with room for further interior modernization.

Set on two village lots, the building features a fenced outdoor area, blacktop parking/recreation space, and an attached one-car garage. An oversized barn with two-car capacity is included, providing additional storage and potential workspace for operational or expansion needs.

Addressing multiple possibilities on-site, the configuration supports buyers considering a mix of residential income and adaptable commercial or residential space, while also accommodating future development ideas with the included storage and outdoor amenities.

Key Highlights

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)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Paw Paw Schoolhouse Daycare Center

Suggested Use

For sale
Mixed-use properties
IL
Paw Paw
61353
250 Peru Street

What type of property is this?

Mixed-use property - Mixed-use building with a second-floor 2-bedroom apartment and expansive interior levels, plus fenced outdoor space, parking, and barn storage.

Where is this mixed-use property located?

The property is located at 250 Peru Street Paw Paw, IL.

What is the asking price?

The asking price for this property is $230,000.

What are key features of this property?

This property features: 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)