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$749,900

27717 Grass Lake Dr

Spring Grove, IL
Active
4
Bedrooms
1.13
Lot Size (acres)
1961
Year Built
132
Days On Market

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.

Listing Information

Listing Updated
09/03/2026
Listed By
Jason Bitton · RE/MAX Suburban, 8473678686
MLS#
12685454
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
27717 W Grass Lake Dr, Spring Grove, IL 60081
City
Spring Grove
County
Lake
Zip Code
60081

Architecture

Bedrooms
4
Year Built
1961
Construction Materials
Aluminum Siding
Garage Spaces
0

Features & Amenities

Exterior Features
Fire Pit, Boat Slip
Patio and Porch
Patio, Deck
Heating
Natural Gas

Property Features

Lot Size
1.13 Acres
Lot Features
Wooded
View
Water
Water
Well
Sewer
Septic Tank
Utilities
Cable Available

Tax & Financial Information

List Price
$749,900
Annual Taxes
$12,918

Schools

51/100
Lotus School
Elementary · Grades PK–04 · 0.6 mi
Assigned school for this home
City
Spring Grove
Students
345
Student body
57% White · 35% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
57%
Phone
(847) 973-4105
52/100
Grant Community High School
High · Grades 09–12 · 2.6 mi
Assigned school for this home
City
Fox Lake
Students
1,836
Student body
63% White · 24% Hispanic / Latino · 4% Black
Free/reduced lunch
34%
Phone
(847) 587-2561
99/100
William L Thompson School
Elementary · Grades PK–05 · 4.3 mi
City
Lake Villa
Students
654
Student body
70% White · 19% Hispanic / Latino · 5% Asian
Free/reduced lunch
20%
Phone
(847) 245-8301
62/100
Emmons Grade School
Elementary · Grades KG–08 · 3.9 mi
City
Antioch
Students
302
Parent reviews
3.5★ avg · 8 reviews
Student body
85% White · 8% Hispanic / Latino · 3% Two or More Races
Free/reduced lunch
14%
Phone
(847) 395-1105
56/100
Olive C Martin School
Elementary · Grades PK–05 · 2.9 mi
City
Lake Villa
Students
539
Student body
45% White · 43% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
36%
Phone
(847) 245-3400
54/100
Stanton School
Middle · Grades 05–08 · 2.8 mi
City
Fox Lake
Students
298
Student body
69% White · 22% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
56%
Phone
(847) 973-4205
53/100
Gavin Central Elementary School
Elementary · Grades PK–04 · 2.9 mi
City
Ingleside
Students
487
Student body
71% White · 20% Hispanic / Latino · 6% Black
Free/reduced lunch
63%
Phone
(847) 973-3280
53/100
Indian Hill Elementary School
Elementary · Grades 03–05 · 4.7 mi
City
Round Lake Heights
Students
518
Parent reviews
2.0★ avg · 4 reviews
Student body
61% Hispanic / Latino · 21% White · 12% Black
Free/reduced lunch
61%
Phone
(847) 270-9970

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/23/2026Listed for sale$749,900

Listed by Jason Bitton · RE/MAX Suburban · 8473678686

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: September 3, 2026 at 5:07 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12685454

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