24366 Payne Road, Shannon, IL 61078
24366 Payne Road, Shannon, IL 61078
24366 Payne Road, Shannon, IL 61078
24366 Payne Road, Shannon, IL 61078
24366 Payne Road, Shannon, IL 61078
24366 Payne Road, Shannon, IL 61078
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Listed by Kayden Schubert • JIM SULLIVAN REALTY
$ 1,200,000
Est. payment | /mo

2,720 SqFt


Save
$ 1,200,000
Est. payment | /mo
Save

2,720 SqFt

Key Details

Property Type Commercial

Sub Type Business w/ Real Estate

Listing Status Pending

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $441

Subdivision Il

MLS Listing ID 202605449

Annual Tax Amount $5,925

Tax Year 2025

Lot Size 10.000 Acres

Property Sub-Type Business w/ Real Estate

Property Description

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.

Location

State IL

Rooms

Basement Crawl Space

Interior

Hot Water Electric, LP Gas, Other

Heating Electric Baseboard, Gas Forced Air

Flooring Carpet, Vinyl, Tile

Exterior

Exterior Feature Log, Vinyl

Roof Type Shingle

Building

Sewer Septic

Water Private

Schools

School District Eastland

Nearby Locations

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24366 Payne Road

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