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27717 W Grass Lake Drive Spring Grove, IL 60081 • Multi Unit - Multiple • Active

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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 Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 4
County: Lake
High School: Grant Community High School
Listed By:
RE/MAX Suburban 847-367-8686
MRED MLS
$749,900
Est. $4,908/mo
4beds
4baths
Active
BEDS4 BATHS4 full MLS#12685454
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 124
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Jason Anderson
 (309) 207-0907

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27717 W Grass Lake Drive, Spring Grove, IL 60081.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $749,900$749,900$749,900
Down Payment $149,980$26,247$187,475
Monthly Mortgage Amount $3,645$4,474$4,633
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $4,908$6,067$5,896

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/07/2026. The listing information on this page last changed on 07/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/07/2026 2:51:46 AM EST) or MRED MLS (last updated Tue 07/07/2026 2:04:27 AM EST) or SCWMLS (last updated Mon 07/06/2026 11:54:37 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 07/06/2026 10:16:46 PM EST) or Cedar Rapids MLS (last updated Mon 07/06/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Tue 07/07/2026 1:18:41 AM EST) or ICAAR MLS (last updated Mon 07/06/2026 11:37:32 PM EST) or ECIMLS (last updated Mon 07/06/2026 11:44:32 PM EST) or RMLSA (last updated Tue 07/07/2026 1:10:56 AM EST) or Muscatine MLS (last updated Tue 07/07/2026 2:00:08 AM EST) or No Coast MLS (last updated Tue 07/07/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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