Listing provided courtesy of @properties Christies International Real EstateMREDas Distributed by MLSGrid- MLS# 12612012MLS Provider

237 Peru StreetPaw Paw, IL 61353

Vacant Land · 1.56 Acres
$75,000 Active

237 Peru Street Overview

Time on Site:
77 days
Visits:
0

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.

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237 Peru Street Facts & Features

  • Type Vacant Land
  • Lot 1.56 Acres

Details

General

School Information

  • School District: 425
  • High School: Indian Creek High School

Location/Region

  • County Or Parish: Lee
  • MLS Area Major: Paw Paw
  • Township: Wyoming

Tax Information

  • Tax Annual Amount: $1,117.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 22181018302500
  • Possible Use: Commercial,Multi-Family,Single Family
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 173
  • Frontage Type: City Street
  • Lot Size Acres: 1.56
  • Lot Size Dimensions: 174 x 65 x 80 x 82 x 40 x 50 x 309 x 201
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby,Sewer Nearby

237 Peru Street Neighborhood

Community

61353 (Paw Paw) Demographics

35
Median Age
42
Population Density (per sq. mile)
20%
College Educated
$54,444
Estimated Median Income
385
Estimated Total Home Owners
115
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

237 Peru Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

237 Peru Street Market Data

Based on the last 30 days in this zip code

$338,783
Average List Price
$150
Average Price per Square Foot
1
Properties Sold
39
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

237 Peru Street History

Date Event Value Agent
4/19/2026Source: MRED Status Change
Active
4/14/2026Source: MRED Added to Database
April 14, 2026