Corcoran Urban Real Estate
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5 Properties Within 0.5 miles of: 27717 W Grass Lake, Spring Grove

27717 W Grass Lake
Spring Grove, IL 60081

  • 4 Beds
  • Built In 1961
Price

$749,900

Est Payment
$4,952 / month (details)  
Taxes
$12,918  
Beds
4  
Rooms
7  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25X645X131X623  
Built
1961  
Neighborhood
Spring Grove  
MLS
#12685454
Status
Active (79 days)

Property 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.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Well
  • Sewer Septic Tank

Additional Information

Exterior Features
Boat Slip, Fire Pit
Parking
12 Parking Spaces, Yes, Parking included in price
Schools
Grant Community High School (124), District 114, Lotus (114)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-23-2026 Listed at $749,900
08-12-2026 Status changed to Under Contract
08-28-2026 Status changed to Active
Last Modified 9/3/26 12:05 AM
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