27717 W Grass Lake Drive, Spring Grove, IL 60081
- $749,900
Description
Rare turnkey waterfront compound on Grass Lake (Fox Chain O’Lakes) – three fully furnished, income-producing short-term-rental units that sleep up to 12, two of them Airbnb “Guest Favorites.” About 131′ of private walk-in sand beach (uncommon on the Chain) on ~1.1 acres, with a private pier, gazebo, firepit patio, RV/boat storage and canoe/kayak access. Seller-provided 2025 Airbnb total ~$60,423 (+25 YoY) with clear room to grow. Four full baths plus a bonus room take it to up to 5 BR / 4 BA, and a former legal, conforming 4th-cottage site offers rebuild potential (verify). Live in one unit and rent the others, run it as an STR, hold as a family compound, or expand. About 50-60 miles NW of Chicago near Blarney Island and Chain O’Lakes State Park. Offering memorandum available. All information seller-provided and deemed reliable but not guaranteed; buyer to verify.
- Listing Courtesy of: RE/MAX Suburban
Details
Updated on June 26, 2026 at 8:35 pm-
Property ID MRD12685454
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Price $749,900
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Land Area 1.13 Acres
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Bedrooms 4
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Year Built 1961
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Property Type Multi Family
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Property Status Active
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Parking Total 12
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Parcel Number 01273000240000
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Water Source Well
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Sewer Public Sewer
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MLS Status New
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Days On Market 1
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Living Area 1.13
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Cumulative Days On Market 4
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Tax Annual Amount 12918
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Heating Natural Gas
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Parking Features Yes
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Directions Grass Lake Road, turn north onto Lakeshore Dr. When you pass Riva Bay condos, name of road changes to W Grass Lake Drive. Road will turn to the left but don't turn, instead go straight onto driveway of property.
Address
Open on Google Maps- Address 27717 W Grass Lake Drive
- City Spring Grove
- State/county IL
- Zip/Postal Code 60081
- Country United States
Overview
- Multi Family
- 4
- 1961
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