REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Shari Whay

shari@findyourwhaystl.com +1(314) 550-9493

$ 494,900

Est. payment -/mo

Save Virtual Tour

Active

111 Main ST E Grafton, IL 62037

8 Beds

4 Baths

2,075 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,075 sqft

Price per Sqft $238

Subdivision Not In A Subdivision

MLS Listing ID 26051985

Style Traditional

Bedrooms 8

Full Baths 4

Year Built 1900

Annual Tax Amount $5,129

Lot Dimensions 39.75 x 90

Property Sub-Type Single Family Residence

Property Description

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.

Location

State IL

County Jersey

Rooms

Basement Bath/Stubbed, Block, Concrete, Full, Storage Space, Unfinished, Walk-Out Access

Main Level Bedrooms 6

Interior

Interior Features Ceiling Fan(s), Center Hall Floorplan, Dining/Living Room Combo, Kitchen/Dining Room Combo, See Remarks

Heating Electric, Forced Air, Varies by Unit

Cooling Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Multi Units

Flooring Vinyl

Fireplace Y

Appliance ENERGY STAR Qualified Appliances

Exterior

Exterior Feature Balcony, Ramp Entry, Storage

Parking Features true

Garage Spaces 2.0

Fence Gate

Pool None

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View River

Roof Type Architectural Shingle

Private Pool false

Building

Lot Description City Lot

Story 1.5

Sewer Public Sewer

Water Public

Level or Stories One and One Half

Structure Type Block,Concrete,Frame,Other,See Remarks

Schools

Elementary Schools Jersey Dist 100

Middle Schools Jersey Dist 100

High Schools Jerseyville

School District Jersey Dist 100

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://heather-witt.aryeo.com/videos/01a001c2-34ae-71f4-b017-205361ba6700

Listed by Wendi Mielke • Market Pro Realty, Inc

Shari Whay

Agent | License ID: 2014043859

+1(314) 550-9493

Shari Whay

111 Main ST E Grafton, IL 62037

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

111 Main ST E