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27717 W Grass Lake Drive, Spring Grove, IL 60081

$749,900
  • 27717 W Grass Lake Drive, Spring Grove, IL 60081 Main Photo

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Active
BEDS4 BATHS4 full MLS#12685454
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 124

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.

27717 W Grass Lake Drive | MLS# 12685454

This multi-family property located at 27717 W Grass Lake Drive, Spring Grove, IL 60081 is currently listed for sale with an asking price of $749,900. W Grass Lake Drive is located within the District 124 school district. Search Spring Grove real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas
Lot Size: 1.13 Acres
Taxes: $12,918
Year Built: 1961

Feature Descriptions

Additional Structures: Shed(s), Boat Dock, Cabana
Exterior: Aluminum Siding
Lot: Wooded, Rear of Lot
Lot Dimensions: 25X645X131X623
Parcel#: 01273000240000
Parking: Yes
Sewer: Septic Tank
Total Rooms: 7
Township: Antioch
Water: Well

Local Schools

High School: Grant Community High School
Elementary School: Lotus
School District: District 124

Listed By / Shown By

Listed By

Agency Name: RE/MAX Suburban
Agency Phone: 847-367-8686

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Estimated Payment

$ 2,964.17 per month $1,668.95 Principal & Interest $1,076.50 Property Tax $218.72 Homeowner's Insurance

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