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🏢 Just listed — Apartment Building Multifamily for sale in Paw Paw, IL.

📍 250 Peru Street, Paw Paw, IL
🏷  Apartment Building Multifamily · For Sale
💰 $230K

Multifamily | 3 Units

<ul><li>Rare opportunity - business owner retiring after 30+ years</li><li>Highly versatile mixed-use property in small-town community</li><li>Multiple value-add opportunities</li><li>Established commercial layout for immediate occupancy</li><li>Valuab

Full financials, photos, and broker contact:
https://commrty.com/property/illinois/paw-paw/250-peru-st-2557069-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=250-peru-st-2557069

#PawPaw #Multifamily #CommercialRealEstate #CRE #Investment

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Home/IL/Paw Paw

250 Peru Street

Paw Paw, IL 61353

Asking Price

$230K

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

Multifamily | 3 Units <ul><li>Rare opportunity - business owner retiring after 30+ years</li><li>Highly versatile mixed-use property in small-town community</li><li>Multiple value-add opportunities</li><li>Established commercial layout for immediate occupancy</li><li>Valuable rental income from upper level apartment</li><li>Additional storage and workshop space</li><li>TIF Incentives available</li><li>Current tenant month-to-month at below market rent</li><li>Gross rental income: $650/month ($7,800 annually)

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

34.78%

DSCR

5.86

Strong

Cash-on-Cash

96.15%

Monthly Payment

$1,137.915

Annual Cash Flow

$66,345.026

Location & Travel Times

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Class B | Apartment Building

356 Wyoming Avenue, Paw Paw, IL 61353

Listed by Owner · For Sale