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24366 Payne Road
SHANNON IL 61078 US

$1,200,000

Active Listing ID 202605449
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2,720 square feet
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Lot: 10.00 Acres
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Other

$1,200,000

Active Listing ID 202605449
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24366 Payne Road A generational opportunity to own an established income-producing rental operation just minutes outside of Lake Carroll! Hickory Hideaway has been successfully operated for more than 20 years and features 12 individual rental units thoughtfully situated across 10 acres. The accommodations are spread among four duplex-style buildings and four individual "Luxury Cabins." Two of the duplexes are home to the "Country Cottages, " while the remaining two feature the "Rustic Whirlpool Cabins, " creating a unique mix of accommodations throughout the property. The site is nicely laid out with interconnected driveways, designated parking areas, walking paths, and a centrally located communal shelter/pavilion for guests to gather. Also included is a large mixed-use office/shop building featuring approximately 1, 520 sq. ft. of shop space and 1, 200 sq. ft. of living space, offering flexibility for on-site operations, management, storage, or additional use. Approximately 3.5+/- acres along the south side of the property provide open space for potential expansion or additional investment opportunities. With year-round rental use, more than two decades of successful operation, a location just minutes from Lake Carroll, and no HOA covenants, Hickory Hideaway presents a rare opportunity to acquire an established hospitality property with existing infrastructure, multiple income-producing units, and room for its next owner to continue building upon an established operation while taking this property into its next chapter.

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Property Features

  • Facts
  • Lot Size: 10.00 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Wall Unit(s)
  • Floor Covering: Carpet, Vinyl, Tile
  • Roof Type: Shingle
  • Heating Fuels: Forced Air, Electric (Heating), Natural Gas, Baseboard

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 24366 Payne Road
  • postalcity: SHANNON
  • stateorprovince: IL
  • country: US
  • postalcode: 61078
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 10
  • lotsizeunits: Acres
  • lotsizearea: 10
  • livingarea: 2720
  • livingareaunits: Square Feet
  • latitude: 42.167959
  • longitude: -89.831101
  • listagentfullname: Kayden Schubert
  • listagentemail: kayden@sullivanrealty.com
  • listagentkey: 3yd-RAARIL-111219
  • listagentmlsid: 111219
  • listagentpreferredphone: 8152913943
  • listofficekey: 3yd-RAARIL-11675
  • listofficemlsid: 11675
  • disclaimer: Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RAARIL
  • yearbuilt: 1997
  • listingcontractdate: 2026-08-28
  • listagenturl: https://www.sullivanrealty.com/
  • parcelnumber: 010517200005
  • elementaryschooldistrict: Eastland
  • middleorjuniorschooldistrict: Eastland
  • highschooldistrict: Eastland
  • cooling: Central Air, Wall Unit(s)
  • flooring: Carpet, Vinyl, Tile
  • heating: Forced Air, Electric (Heating), Natural Gas, Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.8311, 42.167957
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Jim Sullivan Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kayden@sullivanrealty.com", "ListBrokerageCity":"Stockton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jim@jimsullivan-realty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Jim Sullivan Realty", "ListBrokeragePhone":"(815) 947-9040", "ListBrokeragePostalCode":"61085", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"11875 US 20 E", "ListBrokerageWebsiteUrl":"https://www.sullivanrealty.com/", "ListOfficeAddress1":"725 N Pearl St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"11675", "ListOfficeCity":"Stockton", "ListOfficeCountry":"US", "ListOfficeEmail":"jim@jimsullivan-realty.com", "ListOfficePostalCode":"61085", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL/INDUSTRIAL, SHANNON, IL", "ListingURL":"https://listings.listhub.net/pages/RAARIL/202605449/?channel=rexren", "MLSModificationTimestamp":"2026-08-28 19:52:58", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5925, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/28/2026 8:30:59 PM GMT
Source Updated Date: 9/5/2026 12:48:41 PM GMT

Courtesy of: Kayden Schubert, JIM SULLIVAN REALTY, kayden@sullivanrealty.com

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.