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    1 Tara Pt Dr Grafton, IL 62037

    For Sale
    $2,700,000

    Unimproved Land - Grafton, IL

    Type:Unimproved Land
    Property size:
    4,800 SF
    Lot size:
    19.85 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for 1 Tara Pt Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    08-079-044-00
    Parking features
    Driveway, Paved or Surfaced
    Size
    4,800 SF
    Lot size
    19.85 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1990
    Building materials
    Brick, Wood Siding
    Roof type
    Shingle
    Architectural style
    Other

    Tarrant & Harman Real Estate and Auction Co. (618) 433-9436 [email protected]

    Listing agent Mark Harman (618) 433-9436 License #471015081

    Listing date Jul 14, 2025

    MLS# 23055336 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grafton Bed & Breakfast Opportunity

    This bed & breakfast opportunity overlooks the confluence of the Mississippi and Illinois Rivers, nestled amongst lush greenery and limestone bluffs above the river town of Grafton, Illinois. The property offers views and a tranquil atmosphere with potential for growth and development. Tara Point has been a destination since 1991, known for providing guests with service and attention to detail, ensuring a relaxing and memorable stay. Guests can enjoy amenities while staying in one of the Riverside rooms or the Delta Queen suite. Additionally, there are eight guest cottage suites. Tara Point has been recognized for having the “Best Sunset View” of over 8,500 B & B’s in North America. The accommodation provides views. The property has a living area of 4800 square feet and a lot size of 19.85 acres.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    River View Guest House, Riverport Guest House, The Stone Cottage, Grafton Beach House, Grafton Getaway Guesthouses @ Riverhouse

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Jersey
    State
    Illinois
    Longitude
    -90.442482
    Latitude
    38.971126

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    FAQs

    What type of property is this?
    Bed & breakfast - Bed & breakfast opportunity overlooking the confluence of the Mississippi and Illinois Rivers.
    Where is this bed & breakfast located?
    The property is located at 1 Tara Pt Dr Grafton, IL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Stunning views overlooking the confluence of the Mississippi and Illinois Rivers.; - Established and reputable bed & breakfast business since 1991 with repeat customers.; - Recognized as having the "Best Sunset View" of over 8,500 B&Bs in North America.
    (618) 433-9436
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Tara Pt Dr Grafton, IL 62037
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