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.
Closed
$560,000
27717 W Grass Lake Dr, Spring Grove, IL 60081
4beds
1,700sqft
Single Family Residence
Built in 1961
1.13 Acres Lot
$625,800 Zestimate®
$329/sqft
$3,290 Estimated rent
Home value
$625,800
$582,000 - $676,000
$3,290/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 02, 2023 at 01:03am
Listing courtesy of:
Sarah Leonard, E-PRO 224-239-3966,
Legacy Properties, A Sarah Leonard Company, LLC,
Bradley Fox 847-363-9273,
Legacy Properties, A Sarah Leonard Company
Bought with:
Cory Green
Compass
Source: MRED as distributed by MLS GRID,MLS#: 11801957
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Bedroom 3
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 4
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12X15
Kitchen
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13X15
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6X8
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16X15
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Gas Dryer Hookup, In Unit
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 12
- Parking features: Gravel, Driveway, On Site, Owned
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Boat Slip, Fire Pit
Lot
- Size: 1.13 Acres
- Dimensions: 25X645X131X623
Details
- Parcel number: 01273000240000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1961
- Major remodel year: 2022
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Community
- Community features: Lake, Water Rights
Location
- Region: Spring Grove
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2023 | Sold | $560,000-9.7%$329/sqft |
Source:  MRED as distributed by MLS GRID #11801957 | ||
| 6/24/2023 | Contingent | $620,000$365/sqft |
Source: MRED as distributed by MLS GRID #11801957 | ||
| 6/7/2023 | Listed for sale | $620,000+63.2%$365/sqft |
Source: MRED as distributed by MLS GRID #11801957 | ||
| 10/16/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11028305 | ||
| 9/8/2021 | Price change | $380,000-0.8%$224/sqft |
Source: MRED as distributed by MLS GRID #11028305 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 60081
Nearby schools
GreatSchools rating
- 6/10Lotus SchoolGrades: PK-4Distance: 0.6 mi
- 3/10Stanton SchoolGrades: 5-8Distance: 2.8 mi
- 5/10Grant Community High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Lotus School
- High: Grant Community High School
- District: 114
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$625,800
2% more+ $12,516
With Zillow Showcase(estimated)
$638,316