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For sale by owner
  • $5,500

    5 Arrowhead Ct, Putnam, IL 61560

    --beds
    0baths
    0.38Acres
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    VacantLand
    Built in ----
    0.38 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Quiet cul-de-sac location
    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.
    116 days
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    Listed by:

    Property Owner (302) 439-0949

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 0.38 Acres
      Details
      • Parcel number: 0300034090

      Community & HOA

      Location
      • Region: Putnam

      Financial & listing details

      • Tax assessed value: $5,748
      • Annual tax amount: $156
      • Date on market: 3/13/2026
      Property Owner

      Property Owner

      (302) 439-0949

      By pressing Contact owner, you agree that the property owner identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $931/mo

        Price history

        DateEventPrice
        3/13/2026Listed for sale$5,500
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$156 +122.3%$1,916 +109.2%
        2023$70 +2.5%$916 +8.1%
        2022$69 +3%$847 +4.4%
        2021$67 -28.3%$811 -28.1%
        2020$93 +1.6%$1,128 +2.3%
        2019$91 +2.9%$1,103 +5%
        2018$89 +0.7%$1,050
        2017$88 -39.5%$1,050 -37.6%
        2016$146 +10.7%$1,683
        2015$132 +7%$1,683 +3.6%
        2014$123 -4.8%$1,625 -5.1%
        2013$129 +0%$1,712
        2012$129 -11.7%$1,712 -16.6%
        2011$146 -53.8%$2,053 -55.2%
        2010$317 -9.7%$4,584 -19.5%
        2009$351 $5,695

        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 61560

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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