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  • Listed by: Prehn Land Company • Jonathan Prehn • 618-225-0568
    $174,900

    7 Cherry St, Grafton, IL 62037

    1beds
    300sqft
    : 
    $1,340/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    4,499 Square Feet Lot
    $-- Zestimate®
    $583/sqft
    $-- HOA

    What's special

    Quality finishesCozy studio layoutFully renovated guesthouseTurnkey propertyFire pitComfortable living spaceLarge porch
    Arguably Grafton’s most unique property is now available! The Crimson Caboose is a one-of-a-kind, fully renovated guesthouse built in an actual caboose that has been thoughtfully transformed into a comfortable and stylish retreat. Completely redone with quality finishes, this turnkey property offers a cozy studio layout with a kitchenette, bathroom, comfortable living space, and everything needed for a memorable stay. Step outside to enjoy the large porch, fire pit, outdoor seating, and beautiful views of the Mississippi River just across the street. Located in the heart of downtown Grafton, you can walk to local restaurants, wineries, bars, shops, and many of the area’s most popular attractions. Currently operating as a successful short-term rental with a 4.9-star Airbnb rating, this is an exceptional opportunity for an investor looking for an established income-producing property or someone searching for a truly special Grafton getaway. A property this unique rarely comes along—come see the Crimson Caboose for yourself.
    44 days
    535
    30

    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#: 26055349MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Ductless
      Cooling
      • Ductless
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 300 sqft
      • Finished area above ground: 300

      Property

      Features
      • Levels: One
      • Has view: Yes
      • View description: River
      • Water view: River
      Lot
      • Size: 4,499 Square Feet
      • Dimensions: 50 x 90
      • Features: Corner Lot
      Details
      • Parcel number: 0821000700
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Metal Siding
      Condition
      • Year built: 2024

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Grafton

      Financial & listing details

      • Price per square foot: $583/sqft
      • Tax assessed value: $14,385
      • Annual tax amount: $310
      • Date on market: 9/1/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/1/2026Listed for sale$174,900$583/sqft
        Source: MARIS #26055349 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $4,795 +12%
        2024$292 +6.4%$4,280 +8.1%
        2023$274 -1.5%$3,960 +3.9%
        2022$279 +4.2%$3,810 +6.4%
        2021$267 -3.2%$3,580 -1.5%
        2020$276 +0.5%$3,635 +2.3%
        2019$275 $3,555 -18.6%
        2018-- $4,365 +0.8%
        2017-- $4,330
        2016-- $4,330
        2015-- $4,330 -0.1%
        2014-- $4,335
        2013-- $4,335
        2012-- $4,335 -2.8%
        2009$285 $4,460
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62037

        Getting around

        42 / 100
        Car-Dependent
        34 / 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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