Residential Income

Spring Grove, IL Residential Income Properties 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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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spring Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Lakefront Tavern and Rental Units
Lakefront Tavern and Rental Units

139 Arthur Avenue, Fox Lake, IL 60020

Contact for pricing
4,400 sqft

Lakefront property combining a former tavern space with seven rental units in Fox Lake.

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Lakefront Apartment Building
Lakefront Apartment Building

26198 W Spring Grove Road, Antioch, IL 60002

$865,000
0.45 AC lot

Eight-unit multifamily property with varied layouts, a detached brick cottage, and direct shoreline access.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

21 S US Highway 12, Fox Lake, IL 60020

$399,900
0.34 AC lot

Two commercial suites and two apartments are arranged across the main and second floors.

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Marina with Mobile Home Community
Marina with Mobile Home Community

26222 W Oak Ave, Antioch, IL 60002

Contact for pricing

Gated waterfront property with wet slips, residential sites, and enclosed seasonal storage facilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lots in Spring Grove
Residential Lots in Spring Grove

Ravine Drive lot: 8 & 9, Spring Grove, IL 60081

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0.24 AC lot

Two residential lots in a desirable Spring Grove location.

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Spring Grove Land Opportunity
Spring Grove Land Opportunity

Ravine Drive lot: 11 & 12, Spring Grove, IL 60081

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0.23 AC lot

Two lots in Spring Grove, ideal for building a home.

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Vacant Lots with Development Potential
Vacant Lots with Development Potential

1107 Main St, Spring Grove, IL 60081

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Two wooded lots zoned residential and business near downtown.

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Residential Lot in Pistakee Highlands
Residential Lot in Pistakee Highlands

Acorn Lane lot: 11, Mchenry, IL 60051

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0.18 AC lot

Available residential lot with mature trees and city utilities.

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Spring Grove, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Spring Grove, IL on our real estate platform.

Sale prices for residential income properties in Spring Grove, IL average $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

Multifamily properties 1
Short term rental properties 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 $749.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McHenry County

New Delisted

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