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
| Office | RE/MAX Suburban |
|---|
