Waterfront Short-Term Rental
For Sale
$749,900
27717 W Grass Lake Drive, Spring Grove, IL 60081
Residential Income, Spring Grove, IL
Property SizeContact for details
Lot Size1.13 Acres
Days on Market70
Property Features for 27717 W Grass Lake Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 3
Parking
12
Patio and Porch features
Patio, Deck
Exterior features
Boat Slip, Fire Pit
Lot features
Wooded, Rear of Lot
View
Water
Elementary school
Lotus
High school
Grant Community High School
Elementary school district
114
Middle school district
114
High school district
124
Directions
Grass Lake Road, turn north onto Lakeshore Dr. When you pass Riva Bay condos, name of road changes to W Grass Lake Drive. Road will turn to the left but don't turn, instead go straight onto driveway of property.
Subdivision
Spring Grove
Standard status
Active
APN
01273000240000
Lot size
1.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
12918
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Natural Gas
Water source
Well
Water front features
Lake Front, Beach Access
Water front
1
Amenities
private walk-in sand beach
private pier
gazebo
firepit patio
RV/boat storage
canoe/kayak access
Building Details
Year built
1961
Building materials
Aluminum Siding
Additional Structures
Cabana
Listing Agency:
RE/MAX Suburban · RE/MAX International
(847) 367-8686
Listed By:
Jason Bitton · License #475170841
(847) 259-0202
Added: Jun 22
Changed: Aug 28
Last Checked: Aug 30 at 3:06AM
MLS# 12685454
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront property includes three fully furnished short-term-rental units on approximately 1.13 acres along Grass Lake. The improvements provide four full bathrooms, a bonus room, and sleeping capacity for up to 12 people. Outdoor amenities include roughly 131 linear feet of private walk-in sand beach, a private pier, gazebo, firepit patio, deck, and space for RV or boat storage. Canoe and kayak access is also available.
Located in Spring Grove near Blarney Island and Chain O’Lakes State Park, the property is approximately 50–60 miles northwest of Chicago. The site is served by a well and septic system, with cable available. Additional property features include lake frontage, beach access, natural gas heating, and aluminum siding. A former fourth-cottage site is identified in the property information as legal and conforming, with rebuild potential subject to verification.
Located in Spring Grove near Blarney Island and Chain O’Lakes State Park, the property is approximately 50–60 miles northwest of Chicago. The site is served by a well and septic system, with cable available. Additional property features include lake frontage, beach access, natural gas heating, and aluminum siding. A former fourth-cottage site is identified in the property information as legal and conforming, with rebuild potential subject to verification.
Key Highlights
- Three fully furnished short‑term‑rental units with sleeping capacity for up to 12
- Approximately 1.13 acres with about 131' of private walk‑in sand beach
- Private pier, gazebo, firepit patio, deck, and RV/boat storage
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 60081, IL
9,396
Population
3,436
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
94%
High-School Grad
19.7 sq mi
ZIP Area
477
Density / Sq Mi
$116,278
Median Household Income
$52,404
Median Earnings
$1,204
Median Rent
$332,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Three furnished units support short-term rental operations, personal use, or a combined ownership arrangement.
Where is this short term rental property located?
The property is located at 27717 W Grass Lake Drive Spring Grove, IL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Three fully furnished short‑term‑rental units with sleeping capacity for up to 12; Approximately 1.13 acres with about 131' of private walk‑in sand beach; Private pier, gazebo, firepit patio, deck, and RV/boat storage
