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    36 Magnolia Dr Putnam, IL 61560

    Sponsored
    For Sale
    $74,900

    Land - Putnam, IL

    Lot size:
    0.39 Acres
    Days on Market:
    182
    Last Refresh:
    Jan 7 at 10:06 pm

    Property Features for 36 Magnolia Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    0300070030
    Lot size
    0.39 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Platinum Partners Realtors (630) 435-3500 [email protected]

    Listing agent Stephanie Pellegrino (630) 376-4401 License #475141667

    Listing date Jul 10, 2025

    MLS# 12321132 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot on Lake Thunderbird

    This 0.39-acre waterfront lot is located on Lake Thunderbird, approximately two hours southwest of Chicago. The elevated lot offers views of the lake and is situated on a quiet cul-de-sac among well-maintained homes. Gas and electricity are available to the property. A community well is available, and a private septic system is required. Residents have access to amenities including a guarded pool, private beach, renovated clubhouse, parks, nature trails, volleyball, basketball, tennis, mini golf, disc golf, fishing, and special events. The lake spans 112 acres. The property is zoned for single-family residential use, making it suitable for building a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Grocery Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Putnam
    County
    Putnam
    State
    Illinois
    Longitude
    -89.448441
    Latitude
    41.207613

    FAQs

    What type of property is this?
    Land - Elevated waterfront lot with lake views and community amenities.
    Where is this land located?
    The property is located at 36 Magnolia Dr Putnam, IL.
    What is the asking price?
    The asking price for this property is $74,900.
    What are key features of this property?
    This property features: - Elevated waterfront lot on Lake Thunderbird with EXCEPTIONAL lake views.; - Access to 112-acre lake, guarded pool, private beach, renovated clubhouse, and numerous recreational amenities.; - Located on a quiet cul-de-sac among well-manicured houses.
    (708) 369-6119
    Request Owner's contact information
    36 Magnolia Dr Putnam, IL 61560
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    Putnam, IL 61560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 Magnolia Dr Putnam, IL 61560
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