27717 W Grass Lake Drive, Spring Grove, IL

$749,900

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4

Beds

1.13

Acres

About 27717 W Grass Lake Drive

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.

Features of 27717 W Grass Lake Drive

MLS® # 12685454
Price $749,900
Bedrooms 4
Bathrooms 0.00
Acres 1.13
Year Built 1961
Type Residential Income
Sub-Type Two to Four Units
Status Active
Taxes $12,918

Community Information

Address 27717 W Grass Lake Drive
Area Spring Grove
City Spring Grove
County Lake
State IL
Zip Code 60081

Amenities

Parking Spaces 12
Parking Yes
Is Waterfront Yes
New Construction No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Aluminum Siding
Exterior Features Boat Slip, Fire Pit
Lot Description Wooded, Rear of Lot

School Information

District 124
Elementary Lotus
High Grant Community High School

Additional Information

Days on Market 74
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Suburban

Listing Map

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