27717 W Grass Lake Drive
Spring Grove, IL 60081
4
Bed
4
Bath
1.13Acres(Lot)
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 informat
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 4Room Information
Rooms Total: 7 -
Flooring Information
Construction Materials: Aluminum Siding -
Heating & Cooling
Heating: Natural Gas Water front: 1 WaterSource: Well
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Building Information
Year Built: 1961 -
Exterior Features
Boat Slip, Fire Pit Construction Materials: Aluminum Siding
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Lot Information
Lot Dimensions: 25X645X131X623 Lot Description: Wooded, Rear of Lot Lot Acres: 1.13 Lot Size: 1.0-1.99 AcresProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$749900
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Tax Information
Annual Tax: $12918 Tax Year: 2024 Parcel Number: 01273000240000
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Parking Information
Total Parking: 12 Yes Is Parking Included in Price: Yes
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School Information
Elementary School: Lotus Senior High School: Grant Community High School -
Utility Information
Cable Available Sewer: Public Sewer Water Source: Well -
Location Information
City: Spring Grove Direction: 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.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6911 Prairie Drive, Spring Grove, IL, 60081 | $600,000 | 4 | 4 | 3,532 | 3,532 SqFt |
| 28616 W Benjamin Avenue, Spring Grove, IL, 60081 | $189,000 | 3 | 1 | 1,220 | 1,220 SqFt |
| 7830 N Pillow Hill Road, Spring Grove, IL, 60081 | $1,599,900 | 5 | 8 | 9,000 | 9,000 SqFt |
| 4220 Northgate Drive, Spring Grove, IL, 60081 | $899,900 | 4 | 5 | 3,712 | 3,712 SqFt |
| 9909 Winn Road, Spring Grove, IL, 60081 | $775,000 | 4 | 3 | 2,850 | 2,850 SqFt |
| 1717 Spruce Street, Spring Grove, IL, 60081 | $499,900 | 3 | 4 | 2,372 | 2,372 SqFt |
| 10605 Red Hawk Lane, Spring Grove, IL, 60081 | $725,000 | 3 | 4 | 4,954 | 4,954 SqFt |
| 10907 Red Hawk Lane, Spring Grove, IL, 60081 | $624,000 | 3 | 3 | 2,563 | 2,563 SqFt |
| 3313 Ridge Road, Spring Grove, IL, 60081 | $589,900 | 5 | 4 | 3,900 | 3,900 SqFt |
| 37486 N Terrace Lane, Spring Grove, IL, 60081 | $475,000 | 3 | 2 | 1,272 | 1,272 SqFt |
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ByOwner last updated this listing 06/28/2026 @ 06:20
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