O'Neil Property Group

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$749,900
134 Days On Site

27717 W Grass Lake Drive
Spring Grove, IL 60081

For Sale|Multi Family|Active
4
Beds
4
Total Baths
1961
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Suburban
27717 W Grass Lake Drive27717 W Grass Lake Drive27717 W Grass Lake Drive27717 W Grass Lake Drive
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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.

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Listing Snapshot
PriceΒ 
$749,900
Days On SiteΒ 
134 Days
BedroomsΒ 
4
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
4
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
1.13 Acres
Year BuiltΒ 
1961
MLS NumberΒ 
12685454
StatusΒ 
Active
Property TaxΒ 
$12,918
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
AcresΒ 
1.13
Parking SpacesΒ 
12
Property Sub TypeΒ 
Multi Family
SewerΒ 
Septic Tank
UtilitiesΒ 
Cable Available
Water SourceΒ 
Well
Interior Features
BasementΒ 
None
HeatingΒ 
Natural Gas
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Exterior Features
Construction DetailsΒ 
Aluminum Siding
ExteriorΒ 
Boat SlipFire Pit
Lot FeaturesΒ 
Wooded
Other StructuresΒ 
Shed(s)Cabana
Patio And PorchΒ 
DeckPatio
ViewΒ 
Water
WaterfrontΒ 
Yes
Waterfront FeaturesΒ 
Beach AccessLake Front
WaterviewΒ 
Water
Community Features
MLS AreaΒ 
Spring Grove
School DistrictΒ 
Grant Community High School
TownshipΒ 
Antioch
Schools
School District
Grant Community High School
Elementary School
Lotus
Middle School
Unknown
High School
Grant Community High School
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Suburban



Based on information submitted to the MLS GRID as of 2026-11-04 01:28 PM UTC. 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.
Last checked: 2026-11-04 01:28 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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