This is such a unique property with opportuinty to live in one unit and invest in the rest* 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 solid property offers a rare opportunity to acquire a successful 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 asset. Call your favorite Broker today. No showings on weekends. Must be approved buyer, cash or conventional.
8 Beds
4 Baths
2,075 sq.ft
$0 per sq.ft
Traditional
$ 484,000
Active
0
26051985
8
4
2,075
not in a subdivision
Jersey DIST 100
Jersey-IL
Residential
Traditional
Residential
$5,129
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 16901 Otterville Road, Grafton, IL 62037 | 0/0 | -- | $199,000 | $189,000 95% of ask |
Oct 29, 2026 |
| 309 N Market Street, Grafton, IL 62037 | 0/0 | -- | $230,000 | $222,500 96.7% of ask |
Oct 26, 2026 |
| 301 E Main Street, Grafton, IL 62037 | 0/0 | -- | $399,900 | $300,000 75% of ask |
Oct 26, 2026 |
| 14489 Springfield Street, Grafton, IL 62037 | 3/2 | 2,680 | $795,000 | $795,000 100% of ask |
Oct 23, 2026 |
| 14808 Sycamore Street, Grafton, IL 62037 | 3/3 | 1,060 | $225,500 | $122,000 54.1% of ask |
Oct 22, 2026 |
| 15394 Wildwood Lane, Grafton, IL 62037 | 3/2 | 1,680 | $336,000 | $331,500 98.7% of ask |
Oct 9, 2026 |
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Bedroom
15x14
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