5 Arrowhead Ct
Putnam, IL 61560
(on 0.38 acres)
Local Information
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Description
5 Arrowhead Ct. W, Putnam, IL 61560 Lake Thunderbird | 0.38 Acre Buildable lot, Owner Financing Available.
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.
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.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
68 days ago
Home Details for 5 Arrowhead Ct
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Days on Market: 68 days on Trulia |
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Property Type / Style Property Type: Lot Land |
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Lot Area: 0.38 acres |
Price History for 5 Arrowhead Ct
| Date | Price | Event | Source |
|---|---|---|---|
| 03/13/2026 | $5,500 | Listed For Sale | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $156 |
| Assessment | $5,748 |
Home facts updated by county records
Comparable Sales for 5 Arrowhead Ct
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.15 | Lot/Land | $2,800 | 02/12/26 | - | - | ||
1.20 | Lot/Land | $2,800 | 02/12/26 | - | - | ||
0.63 | Lot/Land | $40,000 | 08/22/25 | - | - |
Assigned Schools
These are the assigned schools for 5 Arrowhead Ct.
- Henry-Senachwine High School
- 9-12
- Public
- 141 Students
6/10GreatSchools RatingParent Rating AverageNot a bad school just doesn't have a high sense of communityOther Review1y ago - Henry-Senachwine Grade School
- PK-8
- Public
- 383 Students
5/10GreatSchools RatingParent Rating AverageMe and my 2 friends get called fat they. Don't do anything at all so me my friends will stand up .know matter what happens.Student Review3mo ago 
Check out schools near 5 Arrowhead Ct.
What Locals Say about Putnam
At least 2 Trulia users voted on each feature.
100 % Say car is needed
100 % Say it's dog friendly
100 % Say yards are well-kept
100 % Say there's wildlife
100 % Say parking is easy
75 % Say kids play outside
67 % Say they plan to stay for at least 5 years
67 % Say it's quiet
57 % Say neighbors are friendly
50 % Say people would walk alone at night
50 % Say it's walkable to restaurants
33 % Say there's holiday spirit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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.
5 Arrowhead Ct, Putnam, IL 61560 is a lot/land. This property is currently available for sale and was listed on Mar 13, 2026.