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$560,000
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Property Description
Have you ever dreamed of owning a waterfront property for yourself, have a working short-term rental (Air BnB, VRBO) property, or use it as a full/part time residence with rental options for the other units.... NOW is your chance!! Welcome to the Lotus Cottages nestled on the shores of Grass Lake on the Chain of Lakes. The property sits on 1.13 acres with 131 feet of waterfront. There are 3 separate income generated cottages that all have been recently updated. Unit 1 consists of 2 bedrooms, full kitchen, full bathroom, and a water view!!! Units 2 and 3 have 1 bedroom, kitchen, and full bathroom. There is also space to build a 4th cottage. A NEW brick paved patio with a large pergola and firepit are perfect for barbeques and million-dollar sunsets!!! Come see what this awesome property has to offer.
Full Property Details
Full Property Details for 27717 W Grass Lake Dr
General
- Sold For: $560,000
- Taxes: $6,313 (2021)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 11801957
- Added to Site: 1, 031 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Flood Zone
Exterior
- Exterior Features: Brick Paver Patio, Boat Slip, Fire Pit
Parking
- Number of Cars: 12
- Total Spaces: 12
- Parking Features: Driveway
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: Spring Grove
- County: Lake
- Driving Directions: From 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.
School Information
- School District: 114
- Midd School District: 114
- Elementary School: Lotus School
- High School: Grant Community High School
- Private School: Grant Community High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Private Well
Structural Information
- Architectural Style: Cottage
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,700
- Sq. Ft. Source: Estimated
- Year Built: 1961
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Lot Features
- Lot Size (Acres): 1.13
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 25 x 645 x 131 x 623
- Driveway/Sidewalk: Gravel
Water Features
- Water Front: Yes
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1961
- Tax Amount: $6,313
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1273000240000
Listed by Legacy Properties, A Sarah Leonard Company, LLC
Sold by Compass
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Schools
Schools serving 27717 W Grass Lake Dr
School Districts:Fox Lake Grade School District 114, Grant Community High School District 124
| Name | Grades | Distance |
|---|---|---|
Lotus School 29067 W Grass Lake Rd, Spring Grove, IL 60081 | PK-4 | 0.6 mi |
Stanton School 101 Hawthorne Lane, Fox Lake, IL 60020 | 5-8 | 2.8 mi |
Grant Community High School 285 East Grand Avenue, Fox Lake, IL 60020 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27717 W Grass Lake Dr
Date
Details
Price
Change
Source
7/28/2023
Sold
$560,000
-9.68%
MLS
6/07/2023
Listed
$620,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
27717 W Grass Lake Drive, Spring Grove, IL 60081 (MLS# 11801957) is a Single Family property that was sold at $560,000 on July 28, 2023. Want to learn more about 27717 W Grass Lake Drive? Do you have questions about finding other Single Family real estate for sale in Spring Grove? You can browse all Spring Grove real estate or contact a Coldwell Banker agent to request more information.

