About This Home

This 4-bedroom, 4-bathroom residential multi family at 27717 W Grass Lake Drive in Spring Grove, IL is listed for $749,900. Built in 1961, on a 1.13 acres lot.

Key Features

  • Built in 1961
  • 1.13 acre lot
  • 12 parking spaces
  • Waterfront

Property Details

4 full
12 spaces
1961

Amenities

WaterfrontView
Listing 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.

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

27717 W Grass Lake Drive

Spring Grove, IL 60081

Features & Amenities

Exterior Features

Boat SlipFire Pit

Property Details

Construction

Aluminum Siding

Views

Water

Outdoor Features

DeckPatio

Heating

Natural Gas

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 27717 W Grass Lake Drive is listed at $749,900. The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1961, 1.13 acre lot, 12 parking spaces, Waterfront. Exterior Features: Boat Slip, Fire Pit.

This property is listed by Jason Bitton.

JB

Jason Bitton

Agent at REMAX Suburban

Listed by REMAX Suburban · Broker phone: (847) 259-0202 · View on Broker Site · Broker website

MLS# 12685454· Source: Midwest Real Estate Data, LLC· 127 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

27717 W Grass Lake Drive, Spring Grove, IL 60081

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