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Multi family home for sale at 27717 W Grass Lake Dr, Spring Grove, IL 60081 | MLS# 12685454 | Listing updated on 2026-09-03
Photo 1 of Multi family home for sale at 27717 W Grass Lake Dr, Spring Grove, IL 60081 | MLS# 12685454 | Listing updated on 2026-09-03
Photo 2 of Multi family home for sale at 27717 W Grass Lake Dr, Spring Grove, IL 60081 | MLS# 12685454 | Listing updated on 2026-09-03
Photo 3 of Multi family home for sale at 27717 W Grass Lake Dr, Spring Grove, IL 60081 | MLS# 12685454 | Listing updated on 2026-09-03
Photo 4 of Multi family home for sale at 27717 W Grass Lake Dr, Spring Grove, IL 60081 | MLS# 12685454 | Listing updated on 2026-09-03
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Street View

$749,900

Monthly Est:$3,733

  • Beds Icon5 Beds
  • Beds Icon
    4 Baths
  • Beds Icon--sqft

27717 W Grass Lake Dr, Spring Grove, IL 60081

$3,733/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1961

  • $-- HOA

  • 1.13 acres lot

  • --/sqft

Description

Rare turnkey waterfront compound on Grass Lake (Fox Chain O'Lakes) - three fully furnished, income-producing short-term-rental units that sleep up to 12, two of them Airbnb "Guest Favorites." About 131' of private walk-in sand beach (uncommon on the Chain) on ~1.1 acres, with a private pier, gazebo, firepit patio, RV/boat storage and canoe/kayak access. Seller-provided 2025 Airbnb total ~$60,423 (+25 YoY) with clear room to grow. Four full baths plus a bonus room take it to up to 5 BR / 4 BA, and a former legal, conforming 4th-cottage site offers rebuild potential (verify). Live in one unit and rent the others, run it as an STR, hold as a family compound, or expand. About 50-60 miles NW of Chicago near Blarney Island and Chain O'Lakes State Park. Offering memorandum available. All information seller-provided and deemed reliable but not guaranteed; buyer to verify.

  • Houzeo last checked: 0 minutes ago
  • Listing updated: September 3, 2026 at 5:06 am
  • Listing Provided by: Jason Bitton (847) 858-2909 | RE/MAX Suburban (847) 367-8686
  • Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12685454 MRED MLS-IL as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Lake County

  • City

    Spring Grove

  • Neighborhood

    --

  • Year Built

    1961

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    1.13 acres lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12685454

  • MLS Status

    Active

  • Days on Market

    142

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 5

    Bathrooms: 4

Interior

  • Exterior Features

    Boat Slip, Fire Pit

  • Sewer

    Septic Tank

  • Heating

    Natural Gas

Construction

  • Year Built

    Year Built: 1961

  • Home type

    Multi Family

  • Construction Materials

    Aluminum Siding

Utilities & Energy

  • Water Source

    Well

  • Parking Features

    Yes

  • Basement

    None

  • Utilities

    Cable Available

Other Features

  • Lot Features

    Wooded, Rear Of Lot

  • Patio And Porch Features

    Deck, Patio

Price History

DateEventPrice

08/29/2026

Source: mls_logoMRED MLS-IL #MRD12685454

Listed for Sale

$749,900

$0/sqft

08/12/2026

Source: mls_logoMRED MLS-IL #MRD12685454

Contingent (Active Under Contract)

$749,900 +33.91%

$0/sqft

07/28/2023

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD11801957

Sold

$560,000 -9.68%

$0/sqft

05/30/2023

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD11772117

Price Increased

$620,000 +63.16%

$0/sqft

10/16/2021

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD11028305

Listing Removed

$380,000 +104.30%

$0/sqft

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 12, 2026, 02:15PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Nov 12, 2026, 02:15PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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