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.
Active
$75,000
237 Peru St, Paw Paw, IL 61353
--beds
--baths
1.56Acres
Unimproved Land
Built in ----
1.56 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Situated within village limitsZoned commercial
- 79 days |
- 31 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jed Parish 630-688-6672,
@properties Christies International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12612012
Facts & features
Property
Features
- Frontage length: 173
Lot
- Size: 1.56 Acres
- Dimensions: 174 x 65 x 80 x 82 x 40 x 50 x 309 x 201
Details
- Parcel number: 22181018302500
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Community & HOA
Location
- Region: Paw Paw
Financial & listing details
- Annual tax amount: $1,117
- Date on market: 4/14/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$876/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Listed for sale | $75,000 |
Source: | ||
| 4/2/2026 | Listing removed | $75,000 |
Source: | ||
| 2/27/2026 | Listed for sale | $75,000 |
Source: | ||
| 10/1/2025 | Listing removed | $75,000 |
Source: | ||
| 1/14/2025 | Listed for sale | $75,000 |
Source: | ||
| 8/28/2024 | Listing removed | -- |
Source: | ||
| 8/28/2023 | Listed for sale | $75,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 61353
Nearby schools
GreatSchools rating
- 7/10Paw Paw Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Paw Paw Junior High SchoolGrades: 6-8Distance: 0.4 mi
Schools provided by the listing agent
- High: Indian Creek High School
- District: 271
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Lee County
- Paw Paw
- 61353
- 237 Peru St




