$749,900

27717 W Grass Lake Drive, Spring Grove, IL 60081

Active Under Contract
4 beds 0 baths Built 1961 Residential Income MLS #MRD12685454 52 days on market
Listing courtesy of RE/MAX Suburban · 847-367-8686 · MLS #MRD12685454 · Status: Active Under Contract
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

Interior

Basement
None
Total rooms
7

Building & exterior

Age
61-70 Years
Exterior
Aluminum Siding
Exterior features
Boat Slip, Fire Pit
Patio & porch
Deck, Patio
Other structures
Shed(s), Boat Dock, Cabana

Parking

Total spaces
12
Parking details
Yes

Lot & location

Lot dimensions
25X645X131X623
Lot description
Wooded, Rear of Lot
Township
Antioch
County
Lake
Waterfront
Yes
Water body
GRASS LAKE

Utilities

Heating
Natural Gas
Water
Well
Sewer
Septic Tank

Schools

Elementary
Lotus (114)
Junior high
(114)
High school
Grant Community High School (124)

Taxes & terms

Annual taxes
$12,918 (2024)
Parcel number (PIN)
01273000240000
PIN
01273000240000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
6/22/2026

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

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Recently sold nearby

AddressBeds / BathsSoldPrice
39132 N Mound Avenue 3 bd / 1.5 ba Nov 2025 $325,000
39071 N Jackson Drive 3 bd / 3.5 ba Oct 2025 $619,000
6962 Brightwater Drive 3 bd / 3.5 ba May 2026 $322,500
7215 Viscaya Drive 3 bd / 3.5 ba Feb 2026 $600,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

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Want to see this home?

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-08-27 18:00:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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