Blue Sapphire line

230 E Main Street

Grafton, IL 62037

Bungalow, Cabin, Traditional

Grafton, IL 62037

230 E Main Street

$574,900

MLS#: 26054927

Status: Active Under Contract

Listing provided by: Prehn Land Company

Listing agent phone: None

Last update: a day ago

On site: 16 days ago

Browse Properties
N/A - Residential

About

Welcome to the RAFTON INN, a one-of-a-kind turn-key business opportunity right in the heart of Grafton. This beautifully remodeled and fully furnished 3-bedroom, 2-bath home is currently set up to comfortably accommodate up to 12 guests and is zoned for both commercial and residential use. Just behind the home, you’ll find a separate building with three individual units, each featuring two queen beds, a full bath, kitchenette, dining space, and TV—accommodating up to 12 additional guests. The property is located outside of the flood plain and does not require flood insurance. With its stylish updates, thoughtful layout, and high-traffic location, this property will generate income from day one. Whether you continue it as a short-term rental, use it as a private retreat, or explore another business opportunity, this property has it all and is ready to start working for you.

Property

Beds

5

Full Baths

2

1/2 Baths

None

Year Built

1955

Sq.Footage

2,679

Features

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Above Grade Finished Area

    1179.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric, Wall Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Varies by Unit

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.1148

  • Lot Size(square feet)

    5,000

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Bungalow, Cabin, Traditional

Price

  • Sales Price

    $574,900

  • Tax Amount

    $7,757

  • Sq. Footage

    2,679

  • Price/SqFt

    $214

HOA

  • Association

    No

School District

  • Elementary School

    JERSEY DIST 100

  • Middle School

    JERSEY DIST 100

  • High School

    Jerseyville

Property Features

  • New Construction

    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 Jonathan Prehn, Prehn Land Company

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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.
#26051985

Grafton

111 Main Street E

8 Beds

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2,075 Sq.Ft.

$494,900

MLS#: 26051985

Welcome to the RAFTON INN, a one-of-a-kind turn-key business opportunity right in the heart of Grafton. This beautifully remodeled and fully furnished 3-bedroom, 2-bath home is currently set up to comfortably accommodate up to 12 guests and is zoned for both commercial and residential use. Just behind the home, you’ll find a separate building with three individual units, each featuring two queen beds, a full bath, kitchenette, dining space, and TV—accommodating up to 12 additional guests. The property is located outside of the flood plain and does not require flood insurance. With its stylish updates, thoughtful layout, and high-traffic location, this property will generate income from day one. Whether you continue it as a short-term rental, use it as a private retreat, or explore another business opportunity, this property has it all and is ready to start working for you.

230 E Main Street

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