$484,000
 $2,598 est/mo Sourced by Back At You

111 Main Street,Grafton, IL 62037

Grafton, IL 62037

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Description

This is such a unique property with opportuinty to live in one unit and invest in the rest* Discover an exceptional turnkey investment opportunity in the heart of historic Grafton. Currently operating as a successful short-term guest house with four separate guest units. Character, comfort, outdoor entertainment and water views. With multiple income producing accommodations, this property is ideally suited to live in one and rent the others! The rear entry 2 car garage with manual overhead doors has ample space for all your boats and other toys or tools. Unit 1 sleeps eight comfortably, offering two double beds on the main, handicapped accessible shower, kitchenette and two bedrooms on the upper lever with original 1900's stairway. Unit 2 sleeps six and has an open concept with private bathroom. All units have newer wall mount air/heat. Off the back of the house is the most distinctive Art Deco block addition that serves as two efficiency units. Unit 3 sleeps two offers full kitchen, full bath. Unit 4 sleeps two, efficiency with corner shower. Laundry in hall leading to two car tuck under garage with expansive basement area extending beneath the patio and home providing significant storage. This property has been updated inside and out including the roof in 2018. This solid property offers a rare opportunity to acquire a successful hospitality investment in one of the area's most popular destinations along the river with Grafton's tourism, river recreation, wineries, shops & festivals makes this an appealing asset. Call your favorite Broker today. No showings on weekends. Must be approved buyer, cash or conventional.

Details

MLS #26051985
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site87
Listing Provided ByMarket Pro Realty, Inc | Wendi Mielke

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet2,075
Garage2
BasementY
Story(s)1
Property ViewRiver

Interior

Rooms Total14
CoolingCeiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Multi Units
HeatingElectric, Forced Air, Varies by Unit
Interior FeaturesCeiling Fan(s), Center Hall Floorplan, Dining/Living Room Combo, Kitchen/Dining Room Combo, See Remarks
Window FeaturesInsulated Windows, Screens, Tilt-In Windows
AppliancesENERGY STAR Qualified Appliances

Exterior

RoofArchitectural Shingle
Construction MaterialsBlock, Concrete, Frame, Other, See Remarks
Lot FeaturesCity Lot
FencingGate

Parking

Garage Yes / NoYes
Attached Garage Yes / NoYes
Parking FeaturesGarage, On Street

Location

Senior Community Yes / NoNo

Utilities

UtilitiesCable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
ElectricAmeren
SewerPublic Sewer

Taxes

Property5129

Area Information

StateIL
CountyJersey
CityGrafton
Zip Code62037
Community Namenot in a subdivision
School DistrictJerseyville
Elementary SchoolJERSEY DIST 100
High SchoolJerseyville
Listing VS Median (in not in a subdivision)
Price:
$484,000
low | high
Med:
$179,900
100% of Average
sqft:
2,075
low | high
Med:
1,501
77.66265060241% of Average
$ / sqft:
$233
low | high
Med:
$120
98.616555904879% of Average
On site:
87
low | high
Med:
180
48.333333333333% of Average
Sourced by Back At You

Market Activity 62037

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 Listings courtesy of Maris MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of November 8, 2026 at 7:54:47 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateIL
CountyJersey
CityGrafton
Zip Code62037
Community Namenot in a subdivision
School DistrictJerseyville
Elementary SchoolJERSEY DIST 100
High SchoolJerseyville
Listing VS Median (in not in a subdivision)
Price:
$484,000
low | high
Med:
$179,900
100% of Average
sqft:
2,075
low | high
Med:
1,501
77.66265060241% of Average
$ / sqft:
$233
low | high
Med:
$120
98.616555904879% of Average
On site:
87
low | high
Med:
180
48.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $363K - $605K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
809 Wind Rivers Drive A Property Photo 1
$590,000
809 Wind Rivers Drive A
Grafton, IL 62037
Listing Updated: November 4, 2026 at 8:40:17 AM PST