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Putnam
8 Arrowhead Court
Photo of 8 Arrowhead Court

3

Map

Photo of 8 Arrowhead Court
Photo of 8 Arrowhead Court
$6,000
↓ $2K (25%)
● Land - For Sale

8 Arrowhead Court

Putnam, IL 61560
bedrooms
Studio
bathrooms
0 Bath
$44
Est. Monthly

About This Property

Build your dream getaway or year-round home on this beautiful wooded building lot near Lake Thunderbird in the heart of Central Illinois. With lot dimensions of approximately 57.8 x 75.5 x 207 x 88.1 x 172, this property offers a peaceful setting surrounded by nature and endless outdoor recreation. Enjoy the many Lake Thunderbird amenities, including a lake, swimming pool, boating, fishing, camping, beaches, and parks. Conveniently located near the Illinois River and Starved Rock State Park, you'll have even more opportunities to explore the great outdoors. Just two hours west of downtown Chicago via I-80, this is the perfect place to build your own private retreat and enjoy everything this recreational community has to offer.
Unit Size
-
Days on Market
-
Land Size
0.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$14
HOA Dues
-
Year Built
-

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Interior Details
Laundry Features: None
Basement: None
Exterior Details
Lot Size Area: 19602
Lot Size Units: Square Feet
Lot Size Acres: 0.45
Lot Size Square Feet: 19602
Lot Size Dimensions: 57.8 X 75.5 X 207 X 88.1 X 172
Financial Details
Tax Annual Amount: $172

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: 19,567
  • 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: LAKE THUNDERBIRD HLS
  • Land Acres: 0000000450
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LAKE THUNDERBIRD HLS LOT 143

Neighborhood

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

Geography

  • District: 3
  • Parcel: 03-00-034-150
  • Lot: 143
  • Municipality: SENACHWINE
  • Latitude: 41.2115
  • Longitude: -89.438

    Address

  • Full Address: 8 Arrowhead Ct
  • Address - House Number: 8
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Putnam
  • Carrier Code: R004
  • 4-Digit Zip Code: 9562
  • Zip Code: 61560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,862
  • Tax Rate Code Area: 03004

    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

Unit for rent at 55 Fair Oaks Drive, Putnam, IL, 61560

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,685 ft²
55 Fair Oaks Drive, Putnam, IL, 61560 Listing by Jason Floyd

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kamila Jurasik, RE/MAX 10
Data Source: MRED, MLS# MRD12724018
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 8 Arrowhead Court built and last sold?
The property at 8 Arrowhead Court 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 8 Arrowhead Court is $6,060.
What are some comparable homes to 8 Arrowhead Court?
There are currently no comparable homes to 8 Arrowhead Court.
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