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111 Main Street Grafton, IL 62037

$484,000
111 Main Street Grafton, IL 62037
8 Bedrooms/4 Baths
2075 Square Feet
Tax History: $5129 - 2024
Estimated Payment: $2,292 Per Month*
Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]
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Property Description

$484,000  , Located in GRAFTON.   ZIP Code: 62037

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.
This house was built in 1900 has 8 bedroom(s), 4 baths(s) and is approximately 2075 sq. ft. The home has 14 rooms. This home has a 2 car garage.

Near By Listings
Main Features:
Elementary School: JERSEY DIST 100
Middle School: JERSEY DIST 100
High School: Jerseyville
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MLS#: 26051985
Listing ID: 88284
Updated: 2 days ago
Days on site: 85 days

Listing provided by

Wendi Mielke
Market Pro Realty, Inc
* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2026 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Premium Agent
Landmark Realty
Phone: 618-560-8201
Office: 618-466-1513
 

200 W. Third Street | Alton, IL 62002
Suite 200
618.465.9850