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230 Main Street Grafton, IL 62037

$574,900

5 Bedrooms/2 Baths

1179 Square Feet

Tax History: $7757 - 2025

Estimated Payment: $2,723 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$574,900 , Located in N/A, GRAFTON. ZIP Code: 62037

Welcome to the RAFTON INN, a one-of-a-kind turn-key business opportunity right in the heart of Grafton. This beautifully remodeled and fully furnished 3-bedroom, 2-bath home is currently set up to comfortably accommodate up to 12 guests and is zoned for both commercial and residential use. Just behind the home, you’ll find a separate building with three individual units, each featuring two queen beds, a full bath, kitchenette, dining space, and TV—accommodating up to 12 additional guests. The property is located outside of the flood plain and does not require flood insurance. With its stylish updates, thoughtful layout, and high-traffic location, this property will generate income from day one. Whether you continue it as a short-term rental, use it as a private retreat, or explore another business opportunity, this property has it all and is ready to start working for you.

This house was built in 1955 has 5 bedroom(s), 2 baths(s) and is approximately 1179 sq. ft. The home has 11 rooms. This property is located on 0.1148 Acre(s).

Near By Listings

29 Oak Street Grafton, IL 0.06 miles

121 Cedar Street Grafton, IL 0.08 miles

7 Cherry Street Grafton, IL 0.10 miles

111 Main Street Grafton, IL 0.10 miles

406 E Water St Grafton, IL 0.11 miles

Main Features:

Approximate lot size is 0 Acre(s)
Elementary School: JERSEY DIST 100
Middle School: JERSEY DIST 100
High School: Jerseyville

Send Message to Realtor:

MLS#: 26054927
Listing ID: 89284
Updated: 8 days ago
Days on site: 67 days

Listing provided by

Jonathan Prehn

Prehn Land Company

* 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.