Blue Sapphire line

111 Main Street E

Grafton, IL 62037

Traditional

Grafton, IL 62037

111 Main Street E

$494,900

MLS#: 26051985

Status: Active

Listing provided by: Market Pro Realty, Inc

Listing agent phone: None

Last update: 23 days ago

On site: a month ago

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not in a subdivision - Residential

About

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.

Property

Beds

8

Full Baths

4

1/2 Baths

None

Year Built

1900

Sq.Footage

2,075

Features

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), See Remarks

  • Total Bedrooms

    8

  • Bathrooms

    4

  • Above Grade Finished Area

    2075.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

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

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air, Varies by Unit

  • Main Level Bedrooms

    6

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Block, Concrete, Frame, Other, See Remarks

  • Other Exterior Features

    Balcony, Storage

  • Parking

    Garage, On Street

  • Patio and Porch Features

    Deck, Front Porch, Patio, See Remarks

  • Pool

    No

  • Waterfront YN

    NO

  • View

    River

Area & Lot

  • Lot Features

    City Lot

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $494,900

  • Tax Amount

    $5,129

  • Sq. Footage

    2,075

  • Price/SqFt

    $238

HOA

  • Association

    No

School District

  • Elementary School

    JERSEY DIST 100

  • Middle School

    JERSEY DIST 100

  • High School

    Jerseyville

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Entrance, Accessible Approach with Ramp, Accessible Bedroom

  • Foundation Details

    Block, Combination

  • Ownership

    Private

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule

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Location

  • County

    Jersey

  • Elementary School

    JERSEY DIST 100

  • Middle School

    JERSEY DIST 100

  • High School

    Jerseyville

Listing Courtesy of Wendi Mielke, Market Pro Realty, Inc

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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.

111 Main Street E

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