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

1435 W Main Street, Grafton, IL 62037

Riverfront lodging property with covered decks, outdoor gathering space, and access to a nearby bike path.

Property Size2,865 SF
Days on Market30

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
backyard
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: Nesterrealty
Added: Aug 1 Changed: Aug 29 Last Checked: Aug 29 at 2:51PM

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 is positioned along the riverfront in Grafton, Illinois. Each suite has river views, while the covered decks extend the usable guest area outdoors and provide space to enjoy the surrounding setting.

The property includes a level backyard arranged for outdoor gatherings, with picnic tables, barbecue grills, and a fire pit. Access to a nearby bike path adds a recreational feature for guests. Located at 1435 W Main Street in Grafton, the property offers a defined short-term rental configuration with multiple suites and outdoor amenities.

Key Highlights

  • Six‑unit nightly rental property built in 2018
  • Riverfront setting with views from each suite
  • Large covered decks provide additional outdoor space

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
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Riverfront lodging property with covered decks, outdoor gathering space, and access to a nearby bike path.
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: Six‑unit nightly rental property built in 2018; Riverfront setting with views from each suite; Large covered decks provide additional outdoor space
More about this property
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