27717 W Grass Lake Drive,Spring Grove, IL 60081
Spring Grove, IL 60081
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.
Details
| MLS # | 12685454 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 100 |
| Listing Provided By | RE/MAX Suburban | Jason Bitton |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Acreage | 1.13 |
| Water Front | Yes |
| Property View | Water |
Interior
| Rooms Total | 7 |
|---|---|
| Heating | Natural Gas |
Exterior
| Exterior Features | Boat Slip, Fire Pit |
|---|---|
| Lot Features | Wooded, Rear of Lot |
| Construction Materials | Aluminum Siding |
| Patio And Porch Features | Deck, Patio |
Parking
| Parking Features | Yes |
|---|
Utilities
| Utilities | Cable Available |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 12918 |
Area Information
| State | IL |
|---|---|
| County | Lake |
| City | Spring Grove |
| Zip Code | 60081 |
| Area | Spring Grove |
| School District | Grant Community High School |
| Elementary School | Lotus |
| High School | Grant Community High School |
| Listing VS Median (in 60081) | |
Price: $749,900 low | high Med: $430,500 On site: 100 low | high Med: 35.5 | |
Market Activity 60081
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Spring Grove |
| Zip Code | 60081 |
| Area | Spring Grove |
| School District | Grant Community High School |
| Elementary School | Lotus |
| High School | Grant Community High School |
| Listing VS Median (in 60081) | |
Price: $749,900 low | high Med: $430,500 On site: 100 low | high Med: 35.5 | |