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412 E Water Street, Grafton, IL, 62037

Bring your vision to life in the heart of Grafton. Located just steps from The Loading Dock and Main Street, this property offers an incredible opportunity to create something special in one of Illinois' most sought-after river towns. The home has been fully gutted and is ready for your vision to come to life. being in the floodplain, this residence will have to be built up above the floodline. The positive is the structure is fully concrete block making the build out, that much easier on top of the block foundation. With partial Mississippi River views, off-street parking, and a location within walking distance of Grafton’s restaurants, shops, wineries, and riverfront attractions, the possibilities are endless. Whether you’re looking for an investment property, a short-term rental opportunity, a multi-generational home, or a project to make your own, this property has plenty of potential. Bring your ideas and transform this Grafton great location into something special.

Subdivision: N/A

List Price

$ 59,900

Status

Active

Days on market

0

MLS#

26055375

Bedrooms

0

Full baths

0

Sq. Ft. Above

2,098

Subdivision

N/A

School District

Jersey DIST 100

County

Jersey-IL

Property Type

Residential

Style

Other

Type

Residential

Additional Information

Property Tax (2025)

$1,900

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 31, 2026 at $59,900
Current status: Active
As of Aug 31, 2026 · $59,900

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