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6-Unit Riverfront Short-Term Rental
For Sale
$750,000

1435 W Main Street, Grafton, IL 62037

Covered decks and nearby bike-path access add outdoor use options for guests.

Property Size2,865 SF
Days on Market477

Property Features for 1435 W Main Street

General Information

Standard status Active
Size 2,865 SF
Property subtype Commercial

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $8,788

Amenities

covered decks
picnic tables
barbecue grills
fire pit

Building Details

Building Size 2,865 SF
Year Built 2018
Buildings 1
Stories 1
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Travis Tarrant · License #471016673
Source: Exit2newbeginningz
Added: May 2, 2025 Changed: Aug 13 Last Checked: Aug 20 at 2:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tarrant and Harman Real Estate and Auction Co

Investment Insights

Based on property information with market context.

Built in 2018, this six-unit nightly rental property occupies a riverfront setting in Grafton, Illinois. Each suite features river views, while large covered decks provide additional outdoor space for guests.

The level backyard includes picnic tables, barbecue grills, and a fire pit for outdoor gatherings. The property also offers easy access to a nearby bike path along the riverfront, adding a recreational amenity to the guest experience. Located at 1435 W Main Street, the property is positioned within the city of Grafton.

Key Highlights

  • 6‑unit nightly rental property built in 2018
  • Riverfront setting with views from every suite
  • Large covered decks serving each suite

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods Kitchen & Bath Showroom Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 62037, IL

1,779
Population
1,096
Households
1.6
Avg Household Size
52
Median Age
27%
College-Educated
95%
High-School Grad
57.4 sq mi
ZIP Area
31
Density / Sq Mi
$71,838
Median Household Income
$47,813
Median Earnings
$222,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Covered decks and nearby bike-path access add outdoor use options for guests.
Where is this short term rental property located?
The property is located at 1435 W Main Street Grafton, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 6‑unit nightly rental property built in 2018; Riverfront setting with views from every suite; Large covered decks serving each suite
More about this property
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