406 E  Water St, Grafton, IL 62037
Property image
Property image
FOR SALE
Listed by Jonathan Prehn, Prehn Land Company, (618) 225-0568

$274,900

  • 3 Beds
  • 1 Bath
  • 936 sqft

406 E Water St, Grafton, IL 62037

Est. Mortgage $1,933/mo*
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Home Highlights

Single-Family Home
Built in 1971
$294/sqft

Local Information

  • Map ViewExplore the area around 406 E Water St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This single-family home is located at 406 E Water St, Grafton, IL. 406 E Water St is in Grafton, IL and in ZIP code 62037. It is currently for sale and has been listed on Trulia for 13 days. This property is listed for $274,900. This property has 3 bedrooms, 1 bathroom and approximately 936 sqft of floor space. This property was built in 1971.

Home Details for 406 E Water St

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 6
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 936 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Propane, Sewer ConnectedAppliances: Electric Oven, Electric Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 220 VoltsHas Electric on Property
Levels, Entrance, & Accessibility
Levels: One

Exterior Features

Parking & Garage
No CarportNo Garage
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 936 Square Feet

Days on Market

Days on Market: 13

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Building Name: Rafton Inn 2Construction Materials: Vinyl SidingDoes Not Include Home Warranty
Property Information
Included in Sale: Personal PropertyParcel Number: 0821000800

Price & Status

Price
List Price: $274,900Price Per Sqft: $294

Location

Direction & Address
City: Grafton
School Information
Elementary School: Jersey Dist 100Jr High / Middle School: Jersey Dist 100High School: JerseyvilleHigh School District: Jersey DIST 100

Agent Information

Listing Agent
Listing ID: 26055335

HOA

Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA

Listing Info

Special Conditions: Listing As Is

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 26055335Above Grade Unfinished Area: 936Showing Requirements: Appointment Only, Call Listing Agent

Around this home

What Locals Say about Grafton

At least 1 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say it's walkable to grocery stores

  • 100 % Say people would walk alone at night

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's dog friendly

  • 100 % Say there's wildlife

  • 83 % Say parking is easy

  • 67 % Say there are community events

  • 50 % Say it's walkable to restaurants

  • 50 % Say streets are well-lit

  • 44 % Say neighbors are friendly

  • 33 % Say it's quiet

  • 33 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.

Market trends in Grafton

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
18
3
MoM

Home Value

Trulia Estimate
$258K
Since last month
Increased$123K (+90.7%)
Since last year
Increased$130K (+100.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +387% in the last 10 years
MonthEstimated value
2026
September 2026$258K
August 2026$138K
July 2026$136K
June 2026$136K
May 2026$135K
April 2026$135K
March 2026$129K
February 2026$127K
January 2026$125K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$212,000
04/03/26
2
1
1,440
0.26
Single-Family Home
$215,000
10/15/25
3
2
1,503
0.24
Single-Family Home
$160,000
11/21/25
2
2
724
0.10
Single-Family Home
$230,000
04/30/26
4
2
2,199
0.30
Single-Family Home
$275,000
05/12/26
5
2
2,375
0.99
Single-Family Home
$275,000
11/21/25
3
1.5
1,624
0.01
Single-Family Home
$45,000
04/21/26
-
2,098

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$174,900
1
1
300
For Sale
0.01
$59,900
Studio
-
2,098
For Sale
0.05
$255,000
3
3
3,000
Off Market
0.10
$230,000
4
2
2,199
Recently Sold
0.11
$574,900
5
2
2,679
For Sale
0.11
$212,000
2
1
1,440
Recently Sold
0.15
-
-
-
-
Off Market
0.15
$233,900
5
2
1,920
Off Market
0.17
-
-
-
-
Off Market
0.17
$605,625
3
2
2,252
Recently Sold
0.17
$269,900
5
2
2,340
For Sale

Price and Tax history

DateEventPrice
Sep 1, 2026
Source: MARIS #26055335
Listed For Sale
$274,900
Oct 8, 2014
Source: Agent Provided
ListingRemoved
$89,900
Jul 10, 2014
Source: Agent Provided
PriceChange
$89,900
Price decreased by 5%
Jun 1, 2014
Source: Agent Provided
Listed For Sale
$94,900

LGBTQ Local Legal Protections

Jonathan Prehn, Prehn Land Company
Agent Phone: (618) 225-0568
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 406 E Water St

  • What is the estimated monthly payment for 406 E Water St?
    Based on a $274,900 list price with 20% down at today's rates, the estimated monthly payment for 406 E Water St in Grafton, IL is approximately $1,970 (about $1,494 principal & interest, $401 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 406 E Water St?
    The closest schools to 406 E Water St in Grafton, IL are Grafton Elementary School (Pre-K, rated 7/10), Illini Middle School (Elementary, rated 7/10), Jersey Community High School (Middle, rated 6/10).
  • What is 406 E Water St estimated to be worth?
    Trulia's estimated value for 406 E Water St in Grafton, IL is $258,400.
  • Does 406 E Water St have air conditioning?
    Yes, 406 E Water St in Grafton, IL has air conditioning.
406 E Water St, Grafton, IL 62037 is a 3 bedroom, 1 bathroom, 936 sqft single-family home built in 1971. This property is currently available for sale and was listed by MARIS on Aug 31, 2026. The MLS # for this home is MLS# 26055335.