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.
Property Details
Price:
$749,900
MLS #:
MRD12685454
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Neighborhood:
springgrove
Listed Date:
Jun 22, 2026
Year Built:
1961
See this Listing
Schools
School District:
124
Elementary School:
Lotus
High School:
Grant Community High School
Interior
Heating
Natural Gas
Exterior
Construction Materials
Aluminum Siding
Exterior Features
Boat Slip, Fire Pit
Lot Features
Wooded, Rear of Lot
Other Structures
Shed(s), Boat Dock, Cabana
Parking Features
Yes
Parking Spots
12
Parking Total
12
Patio And Porch Features
Deck, Patio
View
Water
Waterfront Features
Beach Access, Lake Front
Financial
Tax Year
2024
Taxes
$12,918
Map
Community
- Address27717 W Grass Lake Drive Spring Grove IL
- CitySpring Grove
- CountyLake
- Zip Code60081
Market Summary
Current real estate data for Multi Family in Spring Grove as of Oct 12, 2026
1
Multi Family Listed
112
Avg DOM
$749,900
Avg List Price
Property Summary
- 27717 W Grass Lake Drive Spring Grove IL is a Multi Family for sale in Spring Grove, IL, 60081. It is listed for $749,900
Similar Listings Nearby

Copyright 2026. All rights reserved.
27717 W Grass Lake Drive
Spring Grove, IL


