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    • Listed by: Market Pro Realty, Inc • Wendi D Mielke • 618-535-2930
    $494,900

    111 E Main St, Grafton, IL 62037

    8beds
    2,075sqft
    : 
    $3,352/mo
    Get pre-qualified
    Single Family Residence
    Built in 1900
    3,577 Square Feet Lot
    $-- Zestimate®
    $239/sqft
    $-- HOA

    What's special

    Outdoor entertainmentWater viewsFull kitchenHandicapped accessible showerLaundry in hall
    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.
    2 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Wendi D Mielke 618-535-2930,

    Market Pro Realty, Inc

    Source: MARIS,MLS#: 26051985MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 4
      • Main level bedrooms: 6
      Bedroom
      • Description: sleeping area 2 double beds/ all furnishings included
      • Features: Floor Covering: Vinyl
      • Level: First
      • Area: 210
      • Dimensions: 15x14
      Bedroom
      • Description: upper level offers two bedrooms, original stairway.
      • Features: Floor Covering: Carpeting
      • Level: Upper
      • Area: 196
      • Dimensions: 14x14
      Bedroom
      • Description: closet and storage line the wall
      • Features: Floor Covering: Carpeting
      • Level: Upper
      • Area: 195
      • Dimensions: 15x13
      Bedroom
      • Description: front sleeping room offers two double beds, open to Living
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 195
      • Dimensions: 15x13
      Bedroom
      • Description: efficiency sleeping room with full kitchen
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 192
      • Dimensions: 16x12
      Bedroom
      • Description: efficiency unit with kitchenette and 3/4 bath
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 285
      • Dimensions: 19x15
      Bathroom
      • Description: ADA walk in shower
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 63
      • Dimensions: 9x7
      Bathroom
      • Description: corner shower, comfort height stool
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 49
      • Dimensions: 7x7
      Bathroom
      • Description: Jetted tub/ private full bath
      • Features: Floor Covering: Ceramic Tile
      • Level: Main
      • Area: 42
      • Dimensions: 7x6
      Bathroom
      • Description: 3/4 bath
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 40
      • Dimensions: 5x8
      Dining room
      • Description: Living/ dining space off the kitchenette
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 182
      • Dimensions: 14x13
      Kitchen
      • Description: kitchenette w/ microwave
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 96
      • Dimensions: 12x8
      Laundry
      • Description: Access the garage and basement through laundry
      • Features: Floor Covering: Concrete
      • Level: Main
      • Area: 147
      • Dimensions: 21x7
      Living room
      • Features: Floor Covering: Vinyl
      • Level: Main
      • Area: 169
      • Dimensions: 13x13
      Heating
      • Electric, Forced Air, Varies by Unit
      Cooling
      • Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Multi Units
      Appliances
      • Included: ENERGY STAR Qualified Appliances
      Features
      • Ceiling Fan(s), Center Hall Floorplan, Dining/Living Room Combo, Kitchen/Dining Room Combo, See Remarks
      • Flooring: Vinyl
      • Windows: Insulated Windows, Screens, Tilt-In Windows
      • Basement: Bath/Stubbed,Block,Concrete,Full,Storage Space,Unfinished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 2,075
      • Total interior livable area: 2,075 sqft
      • Finished area above ground: 2,075
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, On Street
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Approach with Ramp, Accessible Bedroom
      Features
      • Levels: One and One Half
      • Patio & porch: Deck, Front Porch, Patio, See Remarks
      • Exterior features: Balcony, Ramp Entry, Storage
      • Pool features: None
      • Fencing: Gate
      • Has view: Yes
      • View description: River
      • Water view: River
      • Frontage length: 39.75
      Lot
      • Size: 3,577 Square Feet
      • Dimensions: 39.75 x 90
      • Features: City Lot
      Details
      • Additional structures: Additional Residence
      • Parcel number: 0820700400
      • Special conditions: Standard
      • Other equipment: Call Listing Agent

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Frame, Other, See Remarks
      • Foundation: Block, Combination
      • Roof: Architectural Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Electric: Ameren
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: Appliances, Lighting, Low-Flow Fixtures

      Community & HOA

      Community
      • Subdivision: Not In A Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Grafton

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $212,250
      • Annual tax amount: $5,129
      • Date on market: 8/13/2026
      • Cumulative days on market: 2 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Inclusions: Building, Equipment, Fixtures, Other - Contact Agent, Personal Property
      • Ownership: Private
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/14/2026Listed for sale$494,900+174.9%$239/sqft
        Source: MARIS #26051985 Report a problem
        3/18/2019Sold$180,000+44%$87/sqft
        Source: Public Record Report a problem
        3/29/2013Sold$125,000-16.7%$60/sqft
        Source: MARIS #4203622 Report a problem
        11/2/2012Listing removed$150,000$72/sqft
        Source: PROPERTY PROFESSIONALS OF ILLINOIS #4104017 Report a problem
        4/4/2012Listed for sale$150,000$72/sqft
        Source: PROPERTY PROFESSIONALS OF ILLINOIS #4104017 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $70,750 +8%
        2023$4,539 -1.5%$65,510 +4%
        2022$4,607 +4.3%$62,990 +6.5%
        2021$4,417 +174.2%$59,145 +179.1%
        2020$1,611 +0.5%$21,195 +2.3%
        2019$1,602 $20,725 -34.5%
        2018-- $31,650 +0.7%
        2017-- $31,415
        2016-- $31,415
        2015-- $31,415 -0.1%
        2014-- $31,460
        2013-- $31,460
        2012-- $31,460 -2.9%
        2009$1,686 $32,395
        2007-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 62037

        Getting around

        43 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Jersey Dist 100
        • Middle: Jersey Dist 100
        • High: Jerseyville

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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