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24366 Payne Road
SHANNON IL 61078 US

$1,200,000

Active Listing ID 202605597
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2 bed
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1,200 square feet
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1.00 Bath (1 Full)
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Lot: 10.00 Acres
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Other

$1,200,000

Active Listing ID 202605597
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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: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Cooling System: Central Air
  • Roof Type: Metal
  • Heating Fuels: Natural Gas, Forced Air

School Information

  • School
  • Eastland(Elementary)
  • Eastland(MiddleSchool)
  • Eastland(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 24366 Payne Road
  • postalcity: SHANNON
  • stateorprovince: IL
  • country: US
  • postalcode: 61078
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 10
  • lotsizeunits: Acres
  • lotsizearea: 10
  • livingarea: 1200
  • 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: 2026-09-03
  • listagenturl: https://www.sullivanrealty.com/
  • parcelnumber: 010517200005
  • elementaryschool: Eastland
  • highschool: Eastland
  • elementaryschooldistrict: Eastland
  • middleorjuniorschooldistrict: Eastland
  • highschooldistrict: Eastland
  • appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • cooling: Central Air
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Ceiling Fan(s), Window Treatments
  • rooms: Bedroom 1, Bathroom 1, Bedroom 2
  • 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":"HOUSE, SHANNON, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/24366-Payne-Rd_Shannon_IL_61078_M84947-64318?f=listhub&s=RAARIL&m=202605597&c=rexren", "MLSModificationTimestamp":"2026-09-03 19:11:26", "Neighborhoods":[{"Description":null, "Name":"Carroll County"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5925, "TaxDescription":"PT NW 1/4 NE 1/4 SEC 17 T25 R6 01-000-093-40", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/6/2026 7:32:13 PM GMT
Source Updated Date: 9/12/2026 6:44:18 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.