
Mixed-Use Land for Sale in Paw Paw, Illinois
237 Peru St, Paw Paw, IL 61353
Position your next development for success with this exceptional 1.56-acre commercial parcel at 237 Peru Street in Paw Paw, ideally located within the vibrant downtown business district. This prime site places you at the center of community activity, offering outstanding visibility and accessibility for a wide range of development opportunities. Zoned commercial and situated within village limits, this property delivers the flexibility investors and builders need to bring their vision to life. Imagine creating modern apartments that meet the growing demand for housing, developing single-family homes that appeal to residents seeking small-town charm, or constructing storage units that serve both local businesses and homeowners. With its location inside a designated TIF district, this property presents potential financial advantages that can help maximize your return on investment and support long-term growth. Downtown Paw Paw continues to offer opportunity and flexibility, making this parcel an attractive choice for developers who value adaptability and future potential. Whether you are planning a multi-unit residential project or a commercial venture designed to serve the surrounding community, this site offers the space, zoning, and strategic location needed to turn ideas into reality. Secure your place in the heart of Paw Paw and start building the future you envision.
Location
- Street address
- 237 Peru St
- County
- Lee County
- Community
- Paw Paw
- School district
- 425
- Elevation
- 927 feet
Directions
Chicago Rd to Paw Paw turn south on Peru St. to property
Property details
- Acreage
- 1.56 acres
- Zoning
- COMMR
- MLS #
- MRED 12612012
- Posted
Property taxes
- 2024
- $1,117
Parcels
- 22181018302500
Nearby schools
| Name | Type | District |
|---|---|---|
| Indian Creek High School | High | 425 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 15, 2026 | New listing | $75,000 | — | MRED |










