24205 Payne Rd
Shannon, IL 61078
3 bd 3 ba 2,758 sqft Built 1878 Lot 217,800 sqft single_family
Most recent sale
$235,001
Sep 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 23, 2025 | Sold | $305,000 | NorthWestILAlliance |
| Mar 16, 2025 | Price changed | $320,000 | MRED |
| Feb 24, 2025 | Price changed | $330,000 | MRED |
| Feb 16, 2025 | Price changed | $340,000 | MRED |
| Jan 20, 2025 | Listed | $345,000 | MRED |
| Sep 20, 2022 | Sold | $235,001 | Public Record |
| Jul 5, 2022 | Relisted | $240,000 | MLS #202202441 |
| Apr 26, 2022 | Listed | $259,000 | MLS #202202441 |
| Sep 29, 2015 | Sold | $140,000 | Public Record |
| Jan 23, 1998 | Sold | $125,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $47,185 | $15,552 | $62,737 | $3,615 |
| 2022 | $40,853 | $13,465 | $54,318 | $3,570 |
| 2021 | $36,153 | $11,916 | $48,069 | $3,340 |
| 2020 | $34,930 | $11,513 | $46,443 | $3,197 |
| 2019 | $33,171 | $12,183 | $45,354 | $3,124 |
| 2018 | $33,171 | $12,183 | $45,354 | $3,173 |
| 2017 | $33,170 | $12,183 | $45,353 | $3,169 |
| 2016 | $32,507 | $11,939 | $44,446 | $3,160 |
| 2015 | $26,062 | $12,194 | $38,256 | $2,713 |
| 2014 | $27,148 | $12,702 | $39,850 | $2,641 |
| 2013 | $26,357 | $12,332 | $38,689 | $2,644 |
| 2012 | $26,357 | $12,332 | $38,689 | $2,625 |
| 2011 | $28,254 | $11,138 | $39,392 | $2,594 |
| 2010 | $30,711 | $12,106 | $42,817 | $2,631 |
| 2009 | $33,473 | $13,195 | $46,668 | $2,664 |
| 2008 | $33,473 | $13,195 | $46,668 | $2,575 |
Property facts
Year built
1878
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,758 sqft
Lot size
217,800 sqft
ZIP code
61078
City
Shannon
Street
Payne Rd
Coordinates
42.17032, -89.83451
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 24205 Payne Rd last sell?
24205 Payne Rd most recently sold on Sep 20, 2022 for $235,001.
What is the current tax assessment for 24205 Payne Rd?
The most recent total assessment for 24205 Payne Rd (year 2023) is $62,737 with $3,615 in property tax.
How does 24205 Payne Rd's assessment compare to its last sale price?
The current assessment is 73.3% below the last sale price of $235,001.
When was 24205 Payne Rd built?
24205 Payne Rd was built in 1878.
How does 24205 Payne Rd compare to others on Payne Rd?
We track 3 other properties on Payne Rd. Browse the list under "Other properties on Payne Rd" to compare beds, baths, and sale history.
What are the property facts for 24205 Payne Rd?
24205 Payne Rd is a 3 bed, 3 bath, 2,758 sqft, 217,800 sqft lot single_family.
Is 24205 Payne Rd a flip candidate?
No — 24205 Payne Rd does not appear in our flips dataset.
Is 24205 Payne Rd a tax-appeal candidate?
No — 24205 Payne Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.5%
2026 Q2
$94.4K
2026 Q3
$90.7K
ZIP 61078 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Payne Rd