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Putnam
113 Lake Thunderbird Drive
$4,500
● Land - Off Market

113 Lake Thunderbird Drive

Putnam, IL 61560
bedrooms
Studio
bathrooms
0 Bath
$28
Est. Monthly

About This Property

Flat, wooded building lot on main drag, just a block away from the dam  where there is fishing boating, skiing, swimming, in a beautiful 300 plus Lake Thunderbird. We are just 2 hours away from Downtown Chicago  in the heart of Illinois, just miles away from the Illinois River and close to Starved Rock State Park, Come enjoy the serenity and beauty of nature, see the changing colors of the seasons, and the animals and birds the land has to offer. Build a year round home or a week-end get away and may the rest of your life be the best of your life, while you sip coffee or refreshment on your porch.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11920391)

Price History

Date / Event Date Event Price
Feb 20, 2024 Sold
Premium
Sold
Oct 31, 2023 Listed by Nowak Real Estate LLC $4,500
Listed by Nowak Real Estate LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,045
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LK THUNDERBIRD WS 2
  • Land Acres: 0000000345
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LK THUNDERBIRD WS 2 LOT 416

Neighborhood

  • School District Name: Henry-Senachwine Consolidated Unit School District 5
  • Census Tract: 954600

Geography

  • District: 3
  • Parcel: 03-00-067-030
  • Lot: 416
  • Municipality: SENACHWINE
  • Latitude: 41.2039
  • Longitude: -89.4342

    Address

  • Full Address: 113 Lake Thunderbird Dr
  • Address - House Number: 113
  • Address - Street Name: Lake Thunderbird
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Putnam
  • Carrier Code: R004
  • 4-Digit Zip Code: 9778
  • Zip Code: 61560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,636
  • Tax Rate Code Area: 03003

    Market Valuation

  • Market Total Value: $2,541
  • Market Land Value: $2,541

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $847
  • Assessed Land Value: $847
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam

Stats & Trends

Median Asking:

$215,750

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1524 ft²

Average Home Age

38.9 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Lucia Nowak, Nowak Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11920391
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 113 Lake Thunderbird Drive built and last sold?
The property at 113 Lake Thunderbird Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 113 Lake Thunderbird Drive is $0.
What are some comparable homes to 113 Lake Thunderbird Drive?
There are currently no comparable homes to 113 Lake Thunderbird Drive.
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