121 N Cedar St, Grafton, IL, 62037
About This Home
Turnkey Short-Term Rental Opportunity! Nestled on a scenic hilltop, this spacious 5-bedroom, 2-bath home is currently operating as a successful short-term rental and is being offered fully furnished, with all furnishings and décor included. The upper level features 4 bedrooms and a full bath. The main level offers a comfortable living room, dining room, kitchen, sunroom with laundry, a second full bath, and a bonus room with a closet that provides additional flexibility for guests, a home office, or recreation space. Recent improvements include bridge and driveway work, new stairs leading to the creek, a new retaining wall, and a new gravel fire pit area, creating inviting outdoor spaces to relax and enjoy the natural surroundings. Whether you're looking for an income-producing investment, vacation getaway, or primary residence, this turnkey property offers plenty of space, charm, and opportunity. Don't miss your chance to own this fully furnished hilltop retreat!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Construction materials: Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Main Level
Bathroom
- Features: Floor Covering: Ceramic Tile
- Level: Main
- Area: 72
- Dimensions: 9x8
Bathroom
- Features: Floor Covering: Ceramic Tile
- Level: Upper
- Area: 56
- Dimensions: 8x7
Bedroom
- Features: Floor Covering: Wood
- Level: Upper
- Area: 180
- Dimensions: 15x12
Bedroom
- Features: Floor Covering: Carpeting
- Level: Upper
- Area: 144
- Dimensions: 12x12
Bedroom
- Features: Floor Covering: Wood
- Level: Upper
- Area: 156
- Dimensions: 13x12
Bedroom
- Features: Floor Covering: Wood
- Level: Upper
- Area: 144
- Dimensions: 12x12
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Features: Floor Covering: Laminate
- Level: Main
- Area: 132
- Dimensions: 12x11
Features
- Flooring: Carpet,Hardwood,Luxury Vinyl
- Finished area above ground: 2,340
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 2,340 sqft
Kitchen
- Features: Floor Covering: Laminate
- Level: Main
- Area: 120
- Dimensions: 12x10
Living Room
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 247
- Dimensions: 19x13
Office
- Features: Floor Covering: Laminate
- Level: Main
- Area: 108
- Dimensions: 12x9
Sunroom
- Features: Floor Covering: Ceramic Tile
- Level: Main
- Area: 225
- Dimensions: 15x15
Property
Details
- Parcel number: 0823600100
- Special condition: Standard
Features
- Levels: Two
- Exterior features: Fire Pit
Lot
- Lot size: 0.43 Acres
- Features: Adjoins Wooded Area
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Landslide
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,364 | $16,368 |
| Home Insurance * | $157 | $1,884 |
| Property Taxes | $355 | $4,260 |
| Electricity | $179 | $2,159 |
| Total | $2,055 | $24,660 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-12 | Listed for sale | $269,900 |
| 2023-11-16 | Sold | $151,000 |
| 2023-10-31 | Pending sale | $179,000 |
| 2023-10-12 | Contingent | $179,000 |
| 2023-08-01 | Price change | $179,000 |
| 2023-07-03 | Listed for sale | $189,000 |
| 2023-06-01 | Contingent | $185,000 |
| 2023-05-25 | Listed for sale | $185,000 |
| 2020-11-05 | Listing removed | $199,500 |
| 2020-09-20 | Price change | $199,500 |
| 2020-09-14 | Listed for sale | $215,000 |
| 2019-03-15 | Sold | $45,000 |
| 2019-01-31 | Pending sale | $52,900 |
| 2019-01-29 | Listed for sale | $52,900 |
| 2018-12-22 | Listing removed | $94,000 |
| 2018-09-14 | Price change | $94,000 |
| 2018-07-16 | Listed for sale | $99,000 |
| 2017-05-24 | Listing removed | $100,000 |
| 2017-01-21 | Price change | $100,000 |
| 2017-01-08 | Price change | $110,000 |
| 2016-11-15 | Price change | $120,000 |
| 2016-09-27 | Listed for sale | $170,000 |
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