27717 W Grass Lake Drive, Spring Grove, IL 60081

Spring Grove
Local realty services provided by:ERA Naper Realty
27717 W Grass Lake Drive,Spring Grove, IL 60081
$749,900
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jason bitton
Office: re/max suburban
MLS#:12685454
Source:MLSNI

Price summary

  • Price:$749,900

About this home

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.

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Home facts

  • Year built:1961
  • Listing ID #:12685454
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:7

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1961
  • Lot area:1.13 Acres
  • Lot Features:Rear Of Lot, Wooded
  • Exterior Features:Boat Slip, Fire Pit

Schools

  • High school:Grant Community High School
  • Elementary school:Lotus

Finances and disclosures

  • Price:$749,900
  • Tax amount:$12,918 (2024)

Parking

  • Total parking spaces:12
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