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Pending
  • Listed by: Market Pro Realty, Inc • Elaine K Rhodes • Contact: 618-578-8772
    Price cut: $31K (4/30)
    $399,000

    224 E Main St, Grafton, IL 62037

    3beds
    2,732sqft
    : 
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    Single Family Residence
    Built in 1880
    0.43 Acres Lot
    $242,400 Zestimate®
    $146/sqft
    $-- HOA

    What's special

    Small grey shed
    NEW PRICE. Don't miss out on this wonderful opportunity. Personal property does not stay. Located on Main Street in Historic Grafton, this 2 story home has operated as a booming gift shop for over twenty years. This property includes 2 parcels and is zoned B-1 Business District. The main house, with its beautiful original woodwork through-out, offers tons of space with 3 large rooms on upper level, 3 large rooms and small living quarters with a kitchen, bedroom and bath on the main floor. Tons of extra storage space in the floored attic and partial basement. Walk out back to the oversize 2 car garage (approx. 676sf) with a floored attic, showroom addition (approx. 896sf) w/heat and AC, a 25x40 warehouse with 3phase electric and 2 garage doors, along with two yellow sheds 12x26 & 8x12 for additional display or storage and a small grey shed. The opportunities abound with the property whether you are thinking of owning a bed and breakfast, running another retail business or turning it into your dream home. NOTE: Parcels will not be divided. Property Sold As IS with No Repairs By Seller. NO SHOWINGS ON WEEKENDS NOT in Flood Zone.
    255 days
    |
    125
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elaine K Rhodes 618-578-8772,

    Market Pro Realty, Inc

    Source: MARIS,MLS#: 25066464MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      Heating
      • Other
      Cooling
      • Ceiling Fan(s), Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Water Softener
      Features
      • Flooring: Carpet, Wood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,732
      • Total interior livable area: 2,732 sqft
      • Finished area above ground: 2,732
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Additional Parking, Detached, Garage, Garage Door Opener
      • Garage spaces: 4
      Features
      • Levels: Two
      • Patio & porch: Covered, Front Porch
      • Exterior features: Other
      Lot
      • Size: 0.43 Acres
      • Features: City Lot
      Details
      • Additional structures: Garage(s), Metal Building, Shed(s)
      • Parcel number: 0822100200 and 0822100300
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1880

      Utilities & green energy

      • Electric: Ameren
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Grafton

      Financial & listing details

      • Price per square foot: $146/sqft
      • Tax assessed value: $264,360
      • Annual tax amount: $6,586
      • Date on market: 10/2/2025
      • Cumulative days on market: 255 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $242,400

        $189,000 - $293,000

        $1,404/mo

        Price history

        DateEventPrice
        6/17/2026Pending sale$399,000$146/sqft
        Source: MARIS #25066464 Report a problem
        6/3/2026Contingent$399,000$146/sqft
        Source: MARIS #25066464 Report a problem
        4/30/2026Price change$399,000-7.2%$146/sqft
        Source: MARIS #25066464 Report a problem
        4/21/2026Listed for sale$430,000-4.4%$157/sqft
        Source: MARIS #25066464 Report a problem
        4/1/2026Listing removed$450,000$165/sqft
        Source: MARIS #25066464 Report a problem
        3/6/2026Price change$450,000-3.2%$165/sqft
        Source: MARIS #25066464 Report a problem
        2/12/2026Price change$465,000-2.1%$170/sqft
        Source: MARIS #25066464 Report a problem
        12/16/2025Price change$475,000-4%$174/sqft
        Source: MARIS #25066464 Report a problem
        10/2/2025Listed for sale$495,000+280.8%$181/sqft
        Source: MARIS #25066464 Report a problem
        11/1/2001Sold$130,000$48/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $88,120 +8%
        2023$4,892 -0.8%$81,595 +4%
        2022$4,933 +5.4%$78,455 +6.5%
        2021$4,679 +5.3%$73,665 +6%
        2020$4,445 +0.9%$69,495 +2.3%
        2019$4,404 $67,965
        2018-- $67,965 +0.7%
        2017-- $67,460
        2016-- $67,460
        2015-- $67,460 -0.1%
        2014-- $67,560
        2013-- $67,560
        2012-- $67,560 -9.4%
        2009$3,688 $74,570
        2007-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62037

        Getting around

        43 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Jersey Dist 100
        • Middle: Jersey Dist 100
        • High: Jerseyville

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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