Turnkey Short-Term Rental Waterfront
For Sale
$749,900
27717 W Grass Lake Drive, Spring Grove, IL 60081
MULTI_FAMILY - Spring Grove, IL
Property SizeContact for details
Lot Size1.13 Acres
Days on Market51
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 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
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 pier
gazebo
firepit patio
RV/boat storage
canoe/kayak access
private walk-in sand beach
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 2
Last Checked: Aug 11 at 7:06PM
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.
Turnkey waterfront compound featuring three fully furnished, income-producing short-term-rental units on Grass Lake (Fox Chain O’Lakes). The units are configured to sleep up to 12 guests total and include multiple bedrooms and baths, with four full baths plus a bonus room providing flexibility up to 5 BR / 4 BA. Built in 1961, the property has aluminum siding and operates with natural gas heat. Water is supplied by a well and wastewater is handled by a septic tank, with cable available.
Outside amenities support a true on-the-water stay. Enjoy about 131’ of private walk-in sand beach, private pier access, gazebo, and a firepit patio. There is also RV/boat storage, plus canoe and kayak access, along with boat-slip amenities.
Set on approximately 1.13 acres, this property offers several ways to use the space, including living on-site while renting the additional unit(s). The remarks also note a former legal, conforming 4th-cottage site that may offer rebuild potential, which should be verified by the buyer.
Outside amenities support a true on-the-water stay. Enjoy about 131’ of private walk-in sand beach, private pier access, gazebo, and a firepit patio. There is also RV/boat storage, plus canoe and kayak access, along with boat-slip amenities.
Set on approximately 1.13 acres, this property offers several ways to use the space, including living on-site while renting the additional unit(s). The remarks also note a former legal, conforming 4th-cottage site that may offer rebuild potential, which should be verified by the buyer.
Key Highlights
- Three fully furnished short‑term‑rental units designed to sleep up to 12
- About 131' of private walk‑in sand beach with pier and lake access
- Private pier, gazebo, and firepit patio plus canoe and kayak access
Property Analytics
Property Profile
Current Use
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 fully furnished short-term-rental units with private sand beach, pier access, and on-lake RV and watercraft storage.
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 designed to sleep up to 12; About 131' of private walk‑in sand beach with pier and lake access; Private pier, gazebo, and firepit patio plus canoe and kayak access
