5 Arrowhead Ct. W, Putnam, IL 61560 Lake Thunderbird | 0.38 Acre Buildable lot, Owner Financing Available. Taxes for 2026 are paid, HOA waived until 2027. Build your dream home or secure an affordable recreational or investment property on this 0.38-acre zoned R-2 (one or two family residential) lot located on a quiet cul-de-sac within the Lake Thunderbird Association in Putnam, Illinois. Enjoy a peaceful, low-traffic setting with access to Lake Thunderbird community amenities, including multiple lakes, beaches, boating, fishing, swimming, picnic areas, playgrounds, and year-round outdoor recreation (per association rules). Property Details: Lot size: 0.38 Acre/16553 sq ft Parcel ID:05-11-331-005 (Tax parcel ID: 03-00-034-090) Legal Description: LAKE THUNDERBIRD HLS LOT 137 Quiet cul-de-sac location Located in Lake Thunderbird Association Residential build potential (buyer to verify zoning & association rules) No builder tie-ins For Sale By Owner – no agent fees Price: $5,500 Owner Financing Available Financing Terms: $2,000.00 down, $110.49/month for 3 years at 8.5% interest $3,500 financed Simple approval No bank required Fast, easy closing Clear title Direct transaction with the owner Enjoy small-town charm while being: • Approx. 2 hours from Chicago • Close to Princeton, IL • Easy access to I-80 Buyer to verify utilities, zoning, HOA/association dues ($55 monthly), and intended use. Contact the owner directly for details, financing questions, or to walk the property. There will be a $295 documentation fee for this lot. We will prepare all documentation and record the deed for you. This land is being sold in "as is" condition. Seller makes no representations, warranties of any kind whatsoever, expressed or implied. All prospective buyers are urged to do their own due diligence to their own satisfaction prior to the purchase of this property. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. There will be no delinquent back-year taxes at the time of conveyance. Current year taxes are the buyer's responsibility. As Seller, we guarantee we will provide the buyer with a Quit Claim Deed upon payment in full.
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