For sale Home

Listed Oct 20, 2026

$239,900 Est. $1,587/mo

508 North Market Street

  • 2

    Beds

  • 1

    Baths

  • 1,000

    Sq ft

The story

  • Basement

Remodeled from top to bottom and move in ready, this 2 bedroom, 1 bath home at 508 N Market St in Grafton offers a peaceful setting with extensive updates throughout. Major improvements include a new roof, siding, windows, insulation, electrical, plumbing, water heater, HVAC, flooring, kitchen cabinets, granite countertops, appliances, and more. Located outside the flood plain, this property is ideal for a full-time residence, weekend getaway, or BNB investment. Enjoy the outdoors on the spacious deck featuring a four-person hot tub. The sale also includes a mobile home located on the same parcel, offering additional living or rental possibilities. With the bridge replaced less than a year ago and warranties on new components, the work has already been done for you. The trailer has also seen several recent updates, including a new roof, updated siding and deck, plumbing improvements, new subflooring, laminate flooring and carpet, and an updated central heating and cooling system. With these improvements and a rental income of approximately $9,000 annually, this property offers an excellent investment opportunity for those looking to add to their rental portfolio. You don’t want to miss this unique opportunity in the heart of Grafton!

Facts & features

Home type

Home

Year built

1920

Lot size

1 acres

Price per sq ft

$240

Included features

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Forced Air

  • Lot Information

    Bluff, Wooded

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,587 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,277
  • Property tax $240
  • Insurance $70

Includes principal, interest, taxes & insurance.

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Listing Broker

Prehn Land Company

Broker Name

Prehn Land Company

Agent

Jonathan Prehn

Location

Jerseyville IL 62052