27717 W Grass Lake Drive, Spring Grove, IL
  • $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
  • Price $749,900
  • Land Area 1.13 Acres
  • Bedrooms 4
  • Year Built 1961
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 12
  • Parcel Number 01273000240000
  • Water Source Well
  • Sewer Public Sewer
  • MLS Status New
  • Days On Market 1
  • Living Area 1.13
  • Cumulative Days On Market 4
  • Tax Annual Amount 12918
  • Heating Natural Gas
  • Parking Features Yes
  • 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 27717 W Grass Lake Drive
  • City Spring Grove
  • State/county IL
  • Zip/Postal Code 60081
  • Country United States

Overview

Property ID: MRD12685454
  • Multi Family
  • Property Type
  • 4
  • Bedrooms
  • 1961
  • Year Built

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