Active
111 Main Street E
Grafton, IL 62037
$484,000
8 beds · 4 baths · 2,075 sq ft
Listing office: Market Pro Realty, Inc
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About this home
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.
Home facts
- Bedrooms
- 8
- Bathrooms
- 4
- Living area
- 2,075 sq ft
- Property type
- Residential · Single Family Residence
- Year built
- 1900
- Subdivision
- not in a subdivision
- Days on market
- 72
- Listed on
- Aug 13, 2026
- Listing office:
- Market Pro Realty, Inc, 618-251-9121
- Listing agent:
- Wendi Mielke
- MLS number:
- 26051985
Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com
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MARIS data last updated at October 24, 2026 at 4:00 AM CDT.
Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.