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508 N Market Street

Grafton, IL 62037

$249,900

2 beds · 1 bath

Listing office: Prehn Land Company

508 N Market Street

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About this home

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!

Home facts

Bedrooms
2
Bathrooms
1
Lot size
1.434 acres
Property type
Residential · Single Family Residence
Year built
1920
Subdivision
Clinton Cope
Days on market
4
Listed on
Oct 20, 2026
Listing office:
Prehn Land Company, 618-225-0568
Listing agent:
Jonathan Prehn
MLS number:
26067340

Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com

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MARIS data last updated at October 24, 2026 at 2:45 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.

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