237 Peru St

67,953 / 1.56
Lot Size / Acres

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...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.
  1. Listed by Jed Parish • @properties Christie’s International Real Estate
    P: (630)-688-6672 C: (630)-688-6672 jedparish@atproperties.com

Property Details for 237 Peru Street

Area
Paw Paw
Township
Wyoming
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
COMMR
LISTING UPDATED: 04/14/2026 09:22 AM

Property Details for 237 Peru Street

StatusNew
MLS #12612012
Days on Market4
Taxes$1,117 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size1.56 AC
CountyLee County
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Building Information for 237 Peru Street

Lot Size1.56 AC

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OriginPoint Mortgage or Rocket Mortgage1

$471 per month

30 year fixed, 6.46% Interest

Principal and Interest

$378

Property Taxes

$93

HOA Dues

$0

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Property Information for 237 Peru Street

General Information
School Information
  • Elementary School District: 271
  • High School District: 425
  • High School: Indian Creek High School
  • Middle Or Junior School District: 271
Location and General Information
  • Frontage Length: 173
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Property/Lot Information
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 174 x 65 x 80 x 82 x 40 x 50 x 309 x 201
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Single Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 11
  • OpenHouse Count: 0
Miscellaneous
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 237 Peru Street

DateEvent & SourcePriceAppreciation
Apr 14, 2026

Listed (Active)

MRED #12612012

$75,000
Apr 2, 2026

Cancelled

MRED #12579287

$75,000
Feb 27, 2026

Listed (Active)

MRED #12579287

$75,000
Sep 30, 2025

Expired

MRED #12270761

$75,000
Jan 14, 2025

Listed (Active)

MRED #12270761

$75,000
Aug 27, 2024

Expired

MRED #11870753

$75,000
Aug 27, 2023

Listed (Active)

MRED #11870753

$75,000
Dec 10, 2008

Expired

MRED #07021081

$250,000
Sep 10, 2008

Listed (Active)

MRED #07021081

$250,000
DateEvent & SourcePrice
04/14/2026

Listed (Active)

MRED #12612012

$75,000
04/02/2026

Cancelled

MRED #12579287

$75,000
02/27/2026

Listed (Active)

MRED #12579287

$75,000
09/30/2025

Expired

MRED #12270761

$75,000
01/14/2025

Listed (Active)

MRED #12270761

$75,000
08/27/2024

Expired

MRED #11870753

$75,000
08/27/2023

Listed (Active)

MRED #11870753

$75,000
12/10/2008

Expired

MRED #07021081

$250,000
09/10/2008

Listed (Active)

MRED #07021081

$250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 237 Peru Street

Taxable ValueLand$12,679Additions-Total$12,679
Tax Record2024$1,117 ($93 / month)
Home Facts
Lot Size67,954 SqFtStyleMulti-Family Res (5+ Units)CountyLEEAPN22-18-10-483-025

Schools near 237 Peru Street

This home is within Paw Paw Community Unit School District 271.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Paw Paw Elementary School
PublicK to 5

Paw Paw Junior High School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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237 Peru Street is a 1.56 ac of land for sale in Paw Paw, IL 61353. This property was listed for sale on April 14, 2026 by Compass, it's currently listed at $75,000. This listing's school district is Paw Paw Community Unit School District 271. Nearby schools include Paw Paw Elementary School and Paw Paw Junior High School. 237 Peru Street is a 0-bed, 0-bath, 1.56 ac of land on a 67,953 sq. ft. / 1.56 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/14/2026 09:22 AM. 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.