Active

$749,900

27717 W Grass Lake Dr, Spring Grove, IL 60081

5beds

--sqft

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Multi Family

Built in 1961

-- sqft lot

$728,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Private pierBonus roomFirepit patio

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.

21 days

2,310

144

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 4

Heating

Natural Gas

Features

Basement: None

Property

Parking

Total spaces: 12
Parking features: Yes

Features

Patio & porch: Deck, Patio
Exterior features: Boat Slip, Fire Pit
Has view: Yes
View description: Water, Back of Property
Has water view: Yes
Water view: Water,Back of Property
Waterfront features: Beach Access, Lake Front
Body of water: GRASS LAKE

Lot

Size: 1.13 Acres
Dimensions: 25X645X131X623
Features: Wooded, Rear of Lot

Details

Additional structures: Shed(s), Boat Dock, Cabana
Parcel number: 01273000240000
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1961
Major remodel year: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Well
Utilities for property: Cable Available

Community & HOA

Location

Region: Spring Grove

Financial & listing details

Annual tax amount: $12,918
Date on market: 6/23/2026
Ownership: Fee Simple

Estimated market value

$728,900

$692,000 - $765,000

$3,646/mo

Price history

Date	Event	Price
6/23/2026	Listed for sale	$749,900+33.9%
Source: MRED as distributed by MLS GRID #12685454 Report a problem
7/28/2023	Sold	$560,000-9.7%
Source: MRED as distributed by MLS GRID #11801957 Report a problem
6/24/2023	Contingent	$620,000
Source: MRED as distributed by MLS GRID #11801957 Report a problem
6/7/2023	Listed for sale	$620,000+63.2%
Source: MRED as distributed by MLS GRID #11801957 Report a problem
10/16/2021	Listing removed	--
Source: MRED as distributed by MLS GRID #11028305 Report a problem
9/8/2021	Price change	$380,000-0.8%
Source: MRED as distributed by MLS GRID #11028305 Report a problem
8/19/2021	Price change	$383,000-0.5%
Source: MRED as distributed by MLS GRID #11028305 Report a problem
7/27/2021	Price change	$385,000-0.5%
Source: MRED as distributed by MLS GRID #11028305 Report a problem
6/2/2021	Price change	$387,000-0.8%
Source: MRED as distributed by MLS GRID #11028305 Report a problem
4/8/2021	Price change	$390,000-2.5%
Source: MRED as distributed by MLS GRID #11028305 Report a problem
3/22/2021	Listed for sale	$400,000
Source: MRED as distributed by MLS GRID #11028305 Report a problem
1/1/2021	Listing removed	$400,000
Source: Chicagoland Brokers Inc. #10847134 Report a problem
9/4/2020	Listed for sale	$400,000
Source: Chicagoland Brokers Inc. #10847134 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 60081

Getting around

5 / 100

Car-Dependent

28 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Lotus School
Grades: PK-4Distance: 0.6 mi
4/10
Stanton School
Grades: 5-8Distance: 2.8 mi
3/10
Grant Community High School
Grades: 9-12Distance: 2.7 mi

Schools provided by the listing agent

Elementary: Lotus
High: Grant Community High School
District: 114

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.