Welcome to the RAFTON INN, a one-of-a-kind turn-key business opportunity right in the heart of Grafton. This beautifully remodeled and fully furnished 3-bedroom, 2-bath home is currently set up to comfortably accommodate up to 12 guests and is zoned for both commercial and residential use. Just behind the home, you’ll find a separate building with three individual units, each featuring two queen beds, a full bath, kitchenette, dining space, and TV—accommodating up to 12 additional guests. The property is located outside of the flood plain and does not require flood insurance. With its stylish updates, thoughtful layout, and high-traffic location, this property will generate income from day one. Whether you continue it as a short-term rental, use it as a private retreat, or explore another business opportunity, this property has it all and is ready to start working for you.
Active under contract
Listed by: Prehn Land Company • Jonathan Prehn • 618-225-0568
$574,900
230 E Main St, Grafton, IL 62037
5beds
2,679sqft
Single Family Residence
Built in 1955
5,000 Square Feet Lot
$-- Zestimate®
$215/sqft
$-- HOA
What's special
Thoughtful layoutStylish updatesBeautifully remodeled
- 45 days
- 28
- 0
Zillow last checked:
Listing updated:
Listed by:
Jonathan Prehn 618-225-0568,
Prehn Land Company,
Lauren Prehn 951-326-0329,
Prehn Land Company
Source: MARIS,MLS#: 26054927
Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Varies by Unit
Cooling
- Central Air, Electric, Wall Unit(s)
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,679
- Total interior livable area: 2,679 sqft
- Finished area above ground: 1,179
Property
Parking
- Parking features: None
Features
- Levels: Two
Lot
- Size: 5,000 Square Feet
- Dimensions: 50' x 100'
- Features: Corner Lot
Details
- Parcel number: 0822101200
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cabin,Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Architectural Shingle
Condition
- Year built: 1955
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Grafton
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $359,520
- Annual tax amount: $7,757
- Date on market: 8/31/2026
- Cumulative days on market: 45 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Contingent | $574,900$215/sqft |
Source: | ||
| 8/31/2026 | Listed for sale | $574,900+74.2%$215/sqft |
Source: | ||
| 3/12/2021 | Sold | $330,000+540.8%$123/sqft |
Source: Public Record Report a problem | ||
| 9/19/2019 | Sold | $51,500$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,757 +6.2% | $119,840 +12% |
| 2024 | $7,302 +6.4% | $107,000 +8% |
| 2023 | $6,865 -1.5% | $99,075 +4% |
| 2022 | $6,967 +4.3% | $95,265 +6.5% |
| 2021 | $6,680 | $89,450 |
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.Climate risks
Neighborhood: 62037
Nearby schools
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.






