FOR
SALE

Wendi Sleezer

Swanson Real Estate
630.486.6514
FOR
SALE

250 Peru St
Paw Paw, IL

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.

Property Details

  • $230,000
    List Price
  • 12618041
    MLS Number
  • 2
    Beds
  • 4
    Baths
  • 3-car
    Garage
  • 2,422
    Square Feet
  • 1891
    Year Built
  • .39
    Lot Size
First Floor / Basement
8x22 Foyer
10x16 Classroom
9x9 Office
13x15 Classroom
26x20 Recreation Room
11x12 Kitchen
36x13 Basement Recreation Room
18x10 Hall to Exterior Entrance
12x15 Classroom
8x18 Storage Room
6x25 Storage Area Near 2nd Exterior Entrance
2nd Floor Apartment
15x12 Apt LR
10x9 Apt Kit
13x9 Apt Bed 1
8x9 Apt Bed 2
Utility/Laundry Closet w/Sink
First Floor / Basement
8x22 Foyer
10x16 Classroom
9x9 Office
13x15 Classroom
26x20 Recreation Room
11x12 Kitchen
36x13 Basement Recreation Room
18x10 Hall to Exterior Entrance
12x15 Classroom
8x18 Storage Room
6x25 Storage Area Near 2nd Exterior Entrance
2nd Floor Apartment
15x12 Apt LR
10x9 Apt Kit
13x9 Apt Bed 1
8x9 Apt Bed 2
Utility/Laundry Closet w/Sink
First Floor / Basement
8x22 Foyer
10x16 Classroom
9x9 Office
13x15 Classroom
26x20 Recreation Room
11x12 Kitchen
36x13 Basement Recreation Room
18x10 Hall to Exterior Entrance
12x15 Classroom
8x18 Storage Room
6x25 Storage Area Near 2nd Exterior Entrance
2nd Floor Apartment
15x12 Apt LR
10x9 Apt Kit
13x9 Apt Bed 1
8x9 Apt Bed 2
Utility/Laundry Closet w/Sink

Presented By

Wendi Sleezer

Realtor, SRS, ABR
Lic # 475.169689
Contact
Swanson Real Estate
503 East Church Street
Sandwich, IL 60548
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