Lynn Hergert
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
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 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.
Property Highlights
Property Type: Land - Commercial
Total Acres: 1.56 Acres
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
General Information
County: Lee
High School: Indian Creek High School
Listed By:
@properties Christies International Real Estate
630-634-0700
MRED MLS
MLS ID: 12612012
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237 Peru Street , Paw Paw, IL 61353.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $75,000 | $75,000 | $75,000 |
| Down Payment | $15,000 | $2,625 | $18,750 |
| Monthly Mortgage Amount | $350 | $442 | $456 |
| Taxes | $104 | $104 | $104 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $33 | $0 |
| Monthly Estimated Total | $554 | $679 | $660 |
Lynn Hergert
REALTOR®
Cell: (309) 738-8198
Other: (309) 551-9013
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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