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111 Main Street, Grafton, IL, 62037

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.

Subdivision: not in a subdivision

List Price

$ 494,900

Status

Active

Days on market

0

MLS#

26051985

Bedrooms

8

Full baths

4

Sq. Ft. Above

2,075

Subdivision

not in a subdivision

School District

Jersey DIST 100

County

Jersey-IL

Property Type

Residential

Style

Traditional

Type

Residential

Additional Information

Property Tax (2024)

$5,129

Recent Nearby Sales in 62037

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1001 Grafton Hills Drive, Grafton, IL 62037 3/2 1,700 $361,000 $352,000
97.5% of ask
Aug 6, 2026
14177 Zimmerman Lane, Grafton, IL 62037 2/1 728 $55,000 $55,000
100% of ask
Jul 24, 2026
339 Sandpiper Lane, Grafton, IL 62037 4/4 3,496 $529,900 $500,000
94.4% of ask
Jul 22, 2026
428 Sandpiper Lane, Grafton, IL 62037 3/3 1,488 $349,900 $349,900
100% of ask
Jul 17, 2026
1026 Wood Duck Court, Grafton, IL 62037 3/3 2,500 $549,900 $529,900
96.4% of ask
Jul 14, 2026
224 E Main Street, Grafton, IL 62037 0/0 -- $399,000 $380,000
95.2% of ask
Jul 8, 2026

Price & Listing History

Listed for sale
Aug 13, 2026 at $494,900
Current status: Active
As of Aug 24, 2026 · $494,900

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Room Dimensions

Room Type

Bedroom

Room Dimensions

15x14

Room Description

sleeping area 2 double beds/ all furnishings included

Dining Room

14x13

Living/ dining space off the kitchenette

Kitchen

12x8

kitchenette w/ microwave

Bathroom

9x7

ADA walk in shower

Bedroom

14x14

upper level offers two bedrooms, original stairway.

Bedroom

15x13

closet and storage line the wall

Bedroom

15x13

front sleeping room offers two double beds, open to Living

Living Room

13x13

Bathroom

7x7

corner shower, comfort height stool

Bedroom

16x12

efficiency sleeping room with full kitchen

Bathroom

7x6

Jetted tub/ private full bath

Bedroom

19x15

efficiency unit with kitchenette and 3/4 bath

Bathroom

5x8

3/4 bath

Laundry

21x7

Access the garage and basement through laundry