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.
Active
Listed by: Prehn Land Company • Jonathan Prehn • 618-225-0568
$174,900
7 Cherry St, Grafton, IL 62037
1beds
300sqft
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
- 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#: 26055349
Originating 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
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $174,900$583/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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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.

