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Lakefront Residential Land Lot
For Sale
$74,900

36 Magnolia Drive, Putnam, IL 61560

LAND - Putnam, IL

Lot Size0.39 Acres
Days on Market60

Property Features for 36 Magnolia Drive

General Information

Property type Land
Property subtype Other
Zoning SINGL
Subdivision Lake Thunderbird
Elementary school district 5
Middle school district 5
High school district 5
Directions Lake Thunderbird Drive to Magnolia Drive follow to cul-de-sac.
Standard status Active
APN 0300070030
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 810

Utilities

Sewer type Septic Needed
Water source Well
Water front 1
Listing Agency: Platinum Partners Realtors
Listed By: Stephanie Pellegrino · License #475141667
Added: Jun 1 Last Checked: Jul 30 at 11:06PM
MLS# 12663898

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This is an elevated waterfront land lot on Lake Thunderbird. The property is described as sitting at a higher elevation than neighboring lots and extending past neighboring properties, designed to support lake views. The lot is located on a quiet cul-de-sac and among well-manicured houses. Utilities are reported as running to the property, with a community well available and a private septic system required.

The community offers amenities listed as a guarded pool, private beach, renovated clubhouse, parks, nature trails, and recreation including volleyball, basketball, tennis, mini golf, disc golf, fishing, and special events. Access to these amenities is stated as included in the low annual assessment.

This offering is for vacant land and is suited to the construction of a single residential property, subject to applicable requirements and approvals.

Key Highlights

  • Elevated lakefront lot on Lake Thunderbird with views; property sits at a higher elevation than neighboring lots
  • Quiet cul‑de‑sac setting among well‑manicured houses
  • Water options: private well and community well available

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Electrical Service Real Estate Agency Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 61560, IL

654
Population
636
Households
1
Avg Household Size
59
Median Age
49%
College-Educated
90%
High-School Grad
34.6 sq mi
ZIP Area
19
Density / Sq Mi
$74,643
Median Household Income
$25,000
Median Earnings
$229,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Elevated waterfront lot on Lake Thunderbird with utilities available and access to community amenities.
Where is this waterfront land located?
The property is located at 36 Magnolia Drive 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 lakefront lot on Lake Thunderbird with views; property sits at a higher elevation than neighboring lots; Quiet cul‑de‑sac setting among well‑manicured houses; Water options: private well and community well available
More about this property
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