$749,900

27717 W Grass Lake Drive, Spring Grove, IL 60081

  • 4 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon1.13acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 13 days ago

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.

Listing Status:
Active
Data Last Updated:
July 6, 2026 at 3:18AM
Listing Office:
RE/MAX Suburban : 847-367-8686
Listing Agent:
Jason Bitton : 847-858-2909
MLS ID:
12685454
  • Basement: None
  • Heating: Natural Gas
  • General: Boat SlipFire Pit
  • Other Structures: Shed(s)Boat DockCabana
  • Parking: YesParking spaces: 12
  • Originating MLS: mred
  • School District: 114
  • County: Lake
  • Zoning: 01273000240000
  • View: Water
  • Utilities: Cable Available
  • Water: Well
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Jason Bitton , RE/MAX Suburban

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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