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Yuliya Benko

yuliyab.realtor@gmail.com +1(773) 503-0277

Listed by Wendi Sleezerof Swanson Real Estate

Est. payment -/mo

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Active

250 Peru ST Paw Paw, IL 61353

5 Beds

3 Baths

2,422 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 2,422 sqft

MLS Listing ID 12624406

Style Traditional

Bedrooms 5

Full Baths 1

Half Baths 4

Year Built 1891

Annual Tax Amount $6,003

Tax Year 2025

Lot Dimensions 84x226x100x62x64x99

Property Sub-Type Detached Single

Property Description

Business owner retiring-offering a rare commercial real estate investment opportunity to reimagine this well-maintained, income-producing property for your next venture or portfolio expansion. Currently operating as a long-standing daycare and preschool, this versatile mixed-use property is primed for transformation with multiple high-value exit strategies. Ideally positioned for commercial mixed-use zoning potential, continue operating a business while incorporating comfortable residential living quarters. Investors will appreciate the ability to convert into a multi-unit income property, with potential for 2-3 rental units utilizing the existing footprint, strategic bathroom enhancements, an existing 2nd-floor apartment, and an exterior-access finished basement-ideal for separate tenant entry and rental flexibility. Alternatively, reimagine the property as a multi-family investment property or fully deconvert into a spacious single-family home, perfectly suited for multi-generational living with defined separation, privacy, and flexible floorplan options to accommodate extended family or dual living needs. Set on two village lots, the property features a fenced yard, a blacktop half basketball court, and ample outdoor space for expansion, recreation, or value-add improvements. The oversized barn/garage offers exceptional storage, workshop, or contractor space, complemented by an attached one-car garage currently utilized by the tenant. Meticulously maintained with consistent interior updates since 1992, this is a rare opportunity for investors, developers, or owner-occupants to secure a flexible, high-potential property with strong income-producing capability, redevelopment upside, and long-term ROI potential.

Location

State IL

County Lee

Community Park, Curbs, Sidewalks, Street Lights, Street Paved

Rooms

Basement Finished, Exterior Entry, Other, Egress Window, Partial Exposure, Rec/Family Area, Storage Space, Daylight, Full

Interior

Interior Features 1st Floor Bedroom, In-Law Floorplan

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Carpet

Fireplace N

Appliance Range, Dishwasher, Refrigerator, Washer, Dryer, Other

Laundry Main Level, Upper Level, In Unit, Laundry Closet

Exterior

Exterior Feature Other

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Irregular Lot, Mature Trees

Story Multi-Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Paw Paw Elementary School

Middle Schools Paw Paw Jr/Sr High School

High Schools Indian Creek Middle School

School District 271, 271, 145

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://tours.creativelightstudios.com/250-Peru-St/idx

Yuliya Benko

Broker

+1(773) 503-0277

Yuliya Benko

250 Peru ST Paw Paw, IL 61353

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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250 Peru ST

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