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4 Beds
4 Baths

$749,900

27717 W Grass Lake Drive, Spring Grove IL, 60081

Built in1961
Property typeMulti-family
Listed by Jason Bitton with RE/MAX Suburban 847-858-2909

Overview

Active

Listed Jun 22, 2026

Updated 3 weeks ago

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.

$4,989/mo

Est. mortgage payment based on a $749,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12685454

Interior Features

Bedrooms
4
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.13 Acres

Other Property Details

Taxes
$12,918
Tax Frequency
Annually
View
Yes
Waterfront
Yes
MLS provider logo

Listed by Jason Bitton with RE/MAX Suburban 847-858-2909

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Bradley Fox are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 7:16 AM UTC on 9/4/2026. 

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