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508 Market Street Grafton, IL 62037

$239,900
508 Market Street Grafton, IL 62037
2 Bedrooms/1 Baths
1000 Square Feet
Tax History: $3061 - 2025
Estimated Payment: $1,136 Per Month*
Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]
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Property Description

$239,900  , Located in CLINTON COPE,  GRAFTON.   ZIP Code: 62037

Remodeled from top to bottom and move in ready, this 2 bedroom, 1 bath home at 508 N Market St in Grafton offers a peaceful setting with extensive updates throughout. Major improvements include a new roof, siding, windows, insulation, electrical, plumbing, water heater, HVAC, flooring, kitchen cabinets, granite countertops, appliances, and more. Located outside the flood plain, this property is ideal for a full-time residence, weekend getaway, or BNB investment. Enjoy the outdoors on the spacious deck featuring a four-person hot tub. The sale also includes a mobile home located on the same parcel, offering additional living or rental possibilities. With the bridge replaced less than a year ago and warranties on new components, the work has already been done for you. The trailer has also seen several recent updates, including a new roof, updated siding and deck, plumbing improvements, new subflooring, laminate flooring and carpet, and an updated central heating and cooling system. With these improvements and a rental income of approximately $9,000 annually, this property offers an excellent investment opportunity for those looking to add to their rental portfolio. You don’t want to miss this unique opportunity in the heart of Grafton!
This house was built in 1920 has 2 bedroom(s), 1 baths(s) and is approximately 1000 sq. ft. The home has 7 rooms. This property is located on 1.4341 Acre(s).

Near By Listings
Main Features:
Approximate lot size is 1 Acre(s)
Elementary School: JERSEY DIST 100
Middle School: JERSEY DIST 100
High School: Jerseyville
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MLS#: 26067340
Listing ID: 91503
Updated: 5 days ago
Days on site: 18 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.

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Premium Agent
Coldwell Banker Paslay Realtor
Phone: 618-531-3377
Office: 618-377-3377
 

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