This recreational and hunting property offers a combination of water features, functional improvements, and outdoor opportunities. The property includes an approximately 1,100-square-foot cabin with 2 bedrooms and 1 full bathroom, along with multiple outbuildings designed to support extended stays, equipment storage, and recreational use. The cabin is equipped with a pellet stove for heat and a mini-split system for additional climate control. Utilities are supported by a solar energy system with battery storage located in the garage. In the event supplemental power is needed, a propane generator is in place to provide backup power to the cabin and outbuildings. Water is supplied through a buried 2,000-gallon tank located near the cabin. Additional improvements include a 40'x60' pole barn and a 24'x40' garage featuring a full bathroom and laundry area. These structures provide storage space for vehicles, recreational equipment, tools, and other property needs. A roughly 6-acre stocked pond serves as a central feature of the property and offers opportunities for fishing and water recreation. The Little Muddy River also flows through the property, creating an additional year-round water source and adding to the recreational appeal. The combination of pond and river frontage provides diverse terrain and habitat characteristics that may support wildlife activity throughout the property. Established trails run through the property, allowing access for hiking, ATV riding, wildlife observation, and navigating different portions of the land. The layout and natural features create opportunities for outdoor recreation and hunting use. This property may appeal to buyers seeking a weekend retreat, hunting property, recreational acreage, or a location suited for outdoor activities with existing infrastructure already in place. The combination of water resources, solar-powered improvements, storage buildings, and trail access offers a functional setup for a variety of recreational uses. The property’s improvements and utility systems have been designed to support rural living and extended stays while maintaining access to modern conveniences. The existing outbuildings, backup power system, and water storage add flexibility for property management, equipment storage, and recreational enjoyment. Whether used seasonally or more frequently throughout the year, this property offers a blend of recreational features and practical improvements in a rural setting with access to fishing, hunting, trail riding, and outdoor activities.
Active
Listed by: Whitetail Properties Real Estate, LLC • Tyler T Blum • 573-535-4664
$585,000
2040 Schlager Rd, Elkville, IL 62932
2beds
1,100sqft
Farm, Single Family Residence
Built in 1994
40.5 Acres Lot
$-- Zestimate®
$532/sqft
$-- HOA
What's special
Existing outbuildingsWater resourcesPellet stove for heat
- 15 days
- 196
- 10
Zillow last checked:
Listing updated:
Listed by:
Tyler T Blum 573-535-4664,
Whitetail Properties Real Estate, LLC
Source: MARIS,MLS#: 26029290
Originating MLS: Franklin County Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Electric, Other, Solar
Cooling
- Electric
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Pellet Stove
Interior area
- Total interior livable area: 1,100 sqft
- Finished area above ground: 1,100
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- On waterfront: Yes
- Waterfront features: Lake
Lot
- Size: 40.5 Acres
Details
- Parcel number: 0515200003
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Farm, Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- Year built: 1994
Utilities & green energy
- Electric: Other
- Sewer: Lagoon, Septic Tank
Community & HOA
Location
- Region: Elkville
Financial & listing details
- Price per square foot: $532/sqft
- Tax assessed value: $114,807
- Annual tax amount: $1,861
- Date on market: 5/11/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $585,000$532/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,861 +26.1% | $38,269 +9.7% |
| 2024 | $1,476 +13.1% | $34,894 +12.4% |
| 2023 | $1,305 +6.8% | $31,041 +10.3% |
| 2022 | $1,222 +22.1% | $28,135 +45.7% |
| 2021 | $1,000 -2.1% | $19,308 -1.7% |
| 2020 | $1,022 +2.9% | $19,649 +1.8% |
| 2019 | $993 +9.6% | $19,308 +6.4% |
| 2017 | $906 | $18,146 |
| 2016 | -- | $18,146 |
| 2015 | -- | $18,146 |
| 2014 | -- | $18,146 +9.4% |
| 2012 | -- | $16,582 |
| 2011 | -- | $16,582 -1% |
| 2010 | -- | $16,749 |
| 2009 | $1,191 | $16,749 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 62932
Nearby schools
Schools provided by the listing agent
- Elementary: Elverado Dist 196
- Middle: Elverado Dist 196
- High: Elverado High School
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





