Spring Grove, IL Waterfront Land for sale

$749,900

1.13 Acres

Waterfront Short-Term Rental Compound

27717 W Grass Lake Drive, Spring Grove, IL 60081

Turnkey furnished rental setup on Grass Lake with private sand beach, pier, and guest-ready amenities for flexible use.

Three fully furnished short‑term‑rental units that sleep up to 12 people
About 131' of private walk‑in sand beach on Grass Lake (Fox Chain O'Lakes) plus private pier
Approximately 1.1 acres with gazebo, firepit patio, RV/boat storage, and canoe/kayak access
Seller‑provided 2025 Airbnb total of about $60,423 (+25% YoY) for income‑producing STR use
Home offers four full baths plus a bonus room, with an arrangement for up to 5 BR / 4 BA

Updated: Jun 22

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$46,000

0.18 Acres

Waterfront Lot on Nippersink Channel

38581 N Hillandale Drive, Spring Grove, IL 60081

7,800 sq ft waterfront lot with 50' frontage.

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.

Updated: May 8

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

$149,999

4.24 Acres

Gated Waterfront Land Parcel

Waterfront land within a gated community, featuring Dunn Lake frontage and a previously approved multi-unit development concept.

6800 State Park Road, Fox Lake, IL 60020

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Contact for pricing

0.74 Acres

Waterfront Land Near Chain O'Lakes

Two lots including waterfront access to Chain O'Lakes.

1023 Hooks Lane, Fox Lake, IL 60050

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$99,900

0.18 Acres

Waterfront Lot on Chain O'Lakes

Waterfront lot with 60 feet of frontage on Chain O'Lakes.

609 Monterrey Terrace lot: 32, Mchenry, IL 60050

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$149,000

Chain O'Lakes Waterfront Lot

Waterfront lot with 60 feet of frontage on Chain O'Lakes.

609 Monterrey Terrace, Mchenry, IL 60050

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Spring Grove, IL Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Spring Grove, IL on our real estate platform. These investment opportunities span a total of 0 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.

Neighborhood	Average Price
60081	$398K

Neighborhood

Average Price

60081

$398K

Spring Grove, IL Waterfront Land for Sale

27717 W Grass Lake Drive, Spring Grove, IL 60081

38581 N Hillandale Drive, Spring Grove, IL 60081