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508 N Market Street, 
Grafton, IL 62037

$239,900


2

Beds


1

Bath


1,000

Sq Ft


Single Family

Active

Listed by

Jonathan Prehn

, 

Lauren Prehn

Prehn Land Company

Last updated:

November 5, 2026, 04:54 PM

MLS#

26067340

Source:

MO MARIS

About This Home

508 N Market Street

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!

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1920

Subdivision & Development:

Clinton Cope

Price Summary

239,900

$239 per Sq. Ft.

MLS #:

26067340

Last Updated:

November 5, 2026, 04:54 PM

Added:

22 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,000 Sq. Ft.


Structure

Structure

Architectural Style:

Cabin

Year Built:

1920


Lot

Lot Size (Sq. Ft):

62,469


Finances & Disclosures

Finances

Price:

$239,900

Price per Sq. Ft:

$239 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.