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    Spring Grove, IL
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    Spring Grove, IL Waterfront Land for Sale

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    Fox Lake, IL Richmond, IL Mchenry, IL Johnsburg, IL Ringwood, IL Antioch, IL Twin Lakes, WI Genoa City, WI
    Waterfront Short-Term Rental Compound
    Updated: Jun 22
    Waterfront Short-Term Rental Compound

    27717 W Grass Lake Drive, Spring Grove, IL 60081

    $749,900
    1.13 AC lot
    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
    Four full baths, bonus room, and up to 5 BR / 4 BA configuration
    Grass Lake waterfront near Blarney Island and Chain O’Lakes State Park
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    Waterfront Lot on Nippersink Channel
    Updated: May 8
    Waterfront Lot on Nippersink Channel

    38581 N Hillandale Drive, Spring Grove, IL 60081

    $46,000
    0.18 AC lot
    Waterfront lot with 50 feet of frontage on the Nippersink Channel, providing direct access to Nippersink Lake and Chain O' Lakes.
    7,800 sq. ft. lot offers a blank canvas** to design and build a custom home.
    Opportunity to add a dock for immediate enjoyment of lake activities like boating and fishing.
    Ideally located minutes from Fox Lake and a short drive to Wilmot Mountain.
    Perfect for a weekend retreat or year‑round residence.
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    Land, Multifamily
    Land, Multifamily

    38581 N Hillandale Drive, Spring Grove, IL 60081

    Contact for pricing

    Waterfront Land

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Spring Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Land Homesite in Community
    Residential Land Homesite in Community

    1182 Deerpath Court lot: 40, Fox Lake, IL 60020

    $99,000
    0.68 AC lot

    Partially cleared wooded homesite with utilities on site and access to community boat docks.

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    Waterfront Land with Steel Seawall
    Waterfront Land with Steel Seawall

    609 Monterrey Terrace lot: 32, Mchenry, IL 60050

    $99,900
    0.18 AC lot

    Cleared waterfront parcel with private water service, a steel seawall, and direct access to a navigable channel.

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    Waterfront Land Near Chain O'Lakes
    Waterfront Land Near Chain O'Lakes

    1023 Hooks Lane, Fox Lake, IL 60050

    Contact for pricing
    0.74 AC lot

    Two lots including waterfront access to Chain O'Lakes.

    View details
    Waterfront Lot With Steel Seawall
    Waterfront Lot With Steel Seawall

    609 Monterrey Terrace, Mchenry, IL 60050

    $99,900

    Cleared waterfront parcel with a newer steel seawall and private water service.

    View details

    Spring Grove, IL Waterfront Land Market Trends and Statistics

    Explore 3 waterfront land for sale in Spring Grove, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 57,064 square feet of properties for sale, with an estimated market value of $795,900.

    Sale prices for water rights properties in Spring Grove, IL start at $46,000, averaging $397,950, and reaching up to $749,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 70
    Waterfront Land 3
    Agricultural land / Farmland 2
    Commercial land 2
    Industrial land 1

    Demographics Overview

    Population 9,117
    Population Growth (5Y) -5.6%
    Median Household Income $116,278
    College Educated 43.6%

    High-Yield Neighborhoods for Investment

    Identify Spring Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60081 $398K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

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