Active MLS# 26051985

111 Main Street, Grafton, IL 62037

Subdivision: not in a subdivision

List Price: $484,000

(Original Price: $494,900)

Reduced $10,900 on Oct 8, 2026

8

Bedrooms

4

Baths

2,075

Area (sq.ft)

$233

Cost/sq.ft

1.5 Story

Type

58

Days on Market

Call Agent

Description

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 unique property offers a rare opportunity to acquire a distinctive 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 investment. Call your favorite Broker today. No showings on weekends. Must be approved buyer, cash or conventional.

Property Information

List Price $ 484,000

Original Price $ 494,900

Status Active

MLS# 26051985

Bedrooms 8

Full baths 4

Half baths 0

Main Floor Full Baths 4

Sq. Ft. Above 2,075

Lot Size

Acres

Subdivision not in a subdivision

Municipality

School District Jersey DIST 100

County Jersey-IL

Property Type Residential

Style 1.5 Story

Style Description

Transaction Type

Special Conditions Standard

Type

Building Exterior Amenities

Building Style Traditional

Ownership Private

Special Description Standard

Appliances Some ENERGY STAR Qualified Appliances

Additional Information

Elementary School JERSEY DIST 100

Jr. High School JERSEY DIST 100

Sr. High School Jerseyville

Association Fee None

Architecture Traditional

Construction Block,Concrete,Frame,Other,See Remarks

Garage Spaces 2

Carport Spaces 0

Basement Description Bath/Stubbed,Block,Concrete,Full,Storage Space,Unfinished,Walk-Out Access

Fireplace Type

Fireplace Location

Lot Dimensions 39.75 x 90

Special Areas

Cooling Ceiling Fan(s),Electric,ENERGY STAR Qualified Equipment,Multi Units

Sewer Public Sewer Sewer

Heating Electric,Forced Air,Varies by Unit

Water Public

Heat Source

Kitchen

Appliances ENERGY STAR Qualified Appliances

Dining

Interior Decor Ceiling Fan(s),Center Hall Floorplan,Dining/Living Room Combo,Kitchen/Dining Room Combo,See Remarks

Property Tax $5,129

Map Location

Directions

Rooms Dimensions

Room	Dimensions (sq.rt)
Bedroom (Level-First)	15 x 14
Dining Room (Level-Main)	14 x 13
Kitchen (Level-Main)	12 x 8
Bathroom (Level-Main)	9 x 7
Bedroom (Level-Upper)	14 x 14
Bedroom (Level-Upper)	15 x 13
Bedroom (Level-Main)	15 x 13
Living Room (Level-Main)	13 x 13
Bathroom (Level-Main)	7 x 7
Bedroom (Level-Main)	16 x 12
Bathroom (Level-Main)	7 x 6
Bedroom (Level-Main)	19 x 15
Bathroom (Level-Main)	5 x 8
Laundry (Level-Main)	21 x 7

Change History

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[email protected] 314.414.6000 Visit Website

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Date	Change Type	Previous	New
Oct 8, 2026	ListPrice	$494,900	$484,000
Aug 14, 2026	New Listing	Active	Active
Aug 14, 2026	New Listing	494900	494900

111 Main Street, Grafton, IL 62037

Subdivision: not in a subdivision

List Price: $484,000

(Original Price: $494,900)

8

4

2,075

$233

1.5 Story

58

Description

Property Information

Additional Information

Map Location

Rooms Dimensions

Change History

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