Listing Agency: Coldwell Banker Brown Realtors

Listed By: Devin Brown · License #IL

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:40PM

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Investment Insights

Based on property information with market context.

This storefront property in downtown Grafton is currently configured for retail use and can also accommodate a residence or business location. Improvements include central air conditioning and a furnace installed in 2019, newer flooring, 18 replacement windows, added insulation, updated plumbing and water lines, and six new gutters.

The electrical system has been updated with removal of knob-and-tube wiring, a new service entry, and 200 AMP service. The rear roof shingles were replaced in 2019. Located at 307 East Main, the property is positioned in a walkable downtown setting with retail activity nearby.

Key Highlights

• Retail storefront at 307 East Main in downtown Grafton, IL 62037
• Central air and furnace installed in 2019
• 18 new windows and added insulation

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

170

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Downtown commercial space with central air, furnace, and upgraded electrical service supporting retail or business use.

Where is this storefront property located?

The property is located at 307 East Main Grafton, IL.

What are key features of this property?

This property features: Retail storefront at 307 East Main in downtown Grafton, IL 62037; Central air and furnace installed in 2019; 18 new windows and added insulation