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24366 Payne Road

SHANNON, IL 61078
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Bed 2

Bed

Bath 1

Bath

SqFt1,200

Sqft

Acres10

Acres(Lot)

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 approx imately 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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Detail Ic Property Details

Property Type : Residential

Price : $1,200,000

AD Id : 91006343

MLS Id : 202605597

Beds : 2

Lot Size : 10 Acres

Living Area Size : 1,200

Tax Amount : 5925.00

Year Built : 1997

Garage : 2

County : Carroll

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Full Baths: 1
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener, Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1997 Private Pool: No

  • Lot Information

    Lot Size Acres: 10 Lot Description: Wooded

  • Listing Price Information

    Listing Price: $1200000

  • Tax Information

    Parcel Number: 010517200005 Tax Year: 2025 Annual Tax: $5925 Tax Legal Desc: PT NW 1/4 NE 1/4 SEC 17 T25 R6 01-000-093-40

  • Parking Information

    Attached

    Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Eastland
    Junior High School: Eastland
    Senior High School: Eastland
  • Location Information

    WaterSource: Well, Private
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
13491 Shannon Route, Shannon, IL, 61078 $249,900 2 2 1,504 3 Acres

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 09/06/2026 @ 12:50

MLS: 202605597 LISTED BY: Kayden Schubert, JIM SULLIVAN REALTY 815-947-9040 SOURCE: NorthWest Illinois Alliance of REALTORS

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