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Mixed-Use Land for Sale in Paw Paw, Illinois

237 Peru St, Paw Paw, IL 61353

$75,000
1.56 acres
Active sale
ago
Est $599/mo

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
Community
Paw Paw
School district
425
Elevation
927 feet
Coordinates
41.6873, -88.9807

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

NameTypeDistrict
Indian Creek High SchoolHigh425

Listing history

DateEventPriceChangeSource
Apr 15, 2026New listing$75,000MRED
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This 1.56-acre property is located at 237 Peru St in Paw Paw, IL 61353. The property is available for sale for $75,000 with a price per acre of $48,077.

Checked 2 hours ago — Updated

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Jed Parish
@properties Christies International Real Estate
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