Back to Search Results

508 N Market Street, Grafton, IL, 62037

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!

Status: Active · MLS# 26067340 · Listing Courtesy of Prehn Land Company, [email protected]

Talk to a real agent about this home

MORE, REALTORS® is a licensed brokerage that lists and sells homes across the two state St. Louis metro, and the agent who answers is one of ours, looking at this listing with you. The national sites are lead generation businesses: they refer your question to an agent at some other firm in exchange for a referral fee, commonly 30% to 40% of that agent's commission. Why that matters to what you pay

Call now
Calls may be recorded.*

Subdivision: Clinton Cope

List Price

$ 239,900

Status

Active

Days on market

0

MLS#

26067340

Bedrooms

2

Full baths

1

Subdivision

Clinton Cope

School District

Jersey DIST 100

County

Jersey-IL

Property Type

Residential

Style

Cabin

Type

Residential

Additional Information

Property Tax (2025)

$3,061

Recent Nearby Sales in 62037

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
16901 Otterville Road, Grafton, IL 62037 0/0 -- $199,000 $189,000
95% of ask
Oct 29, 2026
309 N Market Street, Grafton, IL 62037 0/0 -- $230,000 $222,500
96.7% of ask
Oct 26, 2026
301 E Main Street, Grafton, IL 62037 0/0 -- $399,900 $300,000
75% of ask
Oct 26, 2026
14489 Springfield Street, Grafton, IL 62037 3/2 2,680 $795,000 $795,000
100% of ask
Oct 23, 2026
14808 Sycamore Street, Grafton, IL 62037 3/3 1,060 $225,500 $122,000
54.1% of ask
Oct 22, 2026
15394 Wildwood Lane, Grafton, IL 62037 3/2 1,680 $336,000 $331,500
98.7% of ask
Oct 9, 2026

Price & Listing History

Listed for sale
Oct 20, 2026 at $249,900
Price reduced by $10,000 (4%)
From $249,900 to $239,900
Current status: Active
As of Nov 1, 2026 · $239,900

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A MORE, REALTORS® agent will connect you with a trusted local lender.

Prefilled with the national 30 year fixed average, 7.24% as of Oct 29, 2026 (Freddie Mac). Your rate will differ. Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.

Approximate location. Get directions