27717 W Grass Lake DR, Spring Grove, IL 60081
27717 W Grass Lake DR, Spring Grove, IL 60081
27717 W Grass Lake DR, Spring Grove, IL 60081
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$749,900
Est. payment /mo
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4 Beds
4 Baths
1.13 Acres Lot
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27717 W Grass Lake DR Spring Grove, IL 60081

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12685454

Bedrooms 4

Year Built 1961

Annual Tax Amount $12,918

Tax Year 2024

Lot Size 1.130 Acres

Lot Dimensions 25X645X131X623

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Lake

Area Spring Grove

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Boat Slip, Fire Pit

Utilities Available Cable Available

Waterfront Description Beach Access,Lake Front

View Water

Building

Lot Description Wooded, Rear of Lot

Dwelling Type Two to Four Units

Building Description Aluminum Siding, No

Sewer Public Sewer

Water Well

Structure Type Aluminum Siding

New Construction false

Schools

Elementary Schools Lotus

High Schools Grant Community High School

School District 114 , 114, 124

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jason Bitton of  RE/MAX Suburban 

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Park Place Realty Group LLC

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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