Contact us: 563.441.1776
Description
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.
Property Highlights
Property Type: Land - Commercial
Total Acres: 1.56 Acres
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
General Information
County: Lee
High School: Indian Creek High School
Listed By:
@properties Christies International Real Estate
630-634-0700
MRED MLS
MLS ID: 12612012
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237 Peru Street , Paw Paw, IL 61353.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $75,000 | $75,000 | $75,000 |
| Down Payment | $15,000 | $2,625 | $18,750 |
| Monthly Mortgage Amount | $355 | $442 | $460 |
| Taxes | $104 | $104 | $104 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $33 | $0 |
| Monthly Estimated Total | $559 | $679 | $664 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/14/2026. The listing information on this page last changed on 04/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/14/2026 12:00:24 AM EST) or MRED MLS (last updated Mon 04/13/2026 11:57:59 PM EST) or SCWMLS (last updated Mon 04/13/2026 11:54:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/13/2026 10:15:23 PM EST) or Cedar Rapids MLS (last updated Mon 04/13/2026 10:44:15 PM EST) or NEIRBR MLS (last updated Mon 04/13/2026 11:58:43 PM EST) or ICAAR MLS (last updated Mon 04/13/2026 11:37:30 PM EST) or ECIMLS (last updated Mon 04/13/2026 11:44:13 PM EST) or RMLSA (last updated Mon 04/13/2026 11:50:59 PM EST) or Muscatine MLS (last updated Mon 04/13/2026 11:45:25 PM EST) or No Coast MLS (last updated Mon 04/13/2026 11:54:20 PM EST). Real estate listings held by brokerage firms other than Ruhl & Ruhl Careers may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
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