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    Paw Paw, IL
    Live - Work Space

    Paw Paw, IL Live-work Space 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Paw Paw, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Historic Mixed-Use Commercial Building
    Historic Mixed-Use Commercial Building

    111 W Railroad Avenue NW, Bartlett, IL 60103

    $420,000
    2,300 sqft 0.12 AC lot

    Historic building offering multi-level office with treatment rooms, separate-access lower level, and private parking/garage.

    View details
    Downtown Mixed-Use Office Building
    Downtown Mixed-Use Office Building

    111 W Railroad Avenue, Bartlett, IL 60103

    $420,000
    0.12 AC lot

    Historic three-level office building with separate access lower level, parking, and a garage/workshop across from Metra.

    View details
    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    435 Washington Street, Elgin, IL 60123

    $279,000
    0.44 AC lot

    Residential income and a separate vacant commercial building offer RB-zoned flexibility for owner-users or investors.

    View details
    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    13 N State Street, Elgin, IL 60123

    $239,000

    Mixed-use building with business space on the main level and living space above, plus a newer roof.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

    View details
    Parking Lot and Events Site
    Parking Lot and Events Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

    View details
    Ludington Waterfront Development Opportunity
    Ludington Waterfront Development Opportunity

    W Danaher St, Ludington, MI 49431

    $245,000
    0.19 AC lot

    Prime Ludington building site with flexible mixed-use zoning.

    View details
    Commercial Land in Somerset, WI
    Commercial Land in Somerset, WI

    108 MAIN St, Somerset, WI 54025

    $159,000
    0.68 AC lot

    Commercial land for sale in Somerset, Wisconsin.

    View details

    Paw Paw, IL Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Paw Paw, IL 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 $460,000.

    Sale prices for live-work properties in Paw Paw, IL start at $230,000, averaging $230,000, 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 $230K

    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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