The Story

111 Main Street East

Grafton, IL 62037 · Home

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. …


Facts & Features

Property Info

Price
$494,900
Completion Year
1,900
Living Space
2,075 sq ft
Bedrooms
8
Bathrooms
4
Garage
2 spaces

Features & Amenities

Garage / Parking

2 spaces

Basement

Yes

Cooling

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

Heating

Electric, Forced Air, Varies by Unit

Appliances

ENERGY STAR Qualified Appliances

Flooring

Vinyl

Lot Information

City Lot

Exterior

Balcony, Storage

Water Source

Public

Sewer

Public Sewer

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Listing Broker

Market Pro Realty, Inc

Broker Name

Market Pro Realty, Inc

Agent

Wendi Mielke

Location

Alton IL 62002