Veterans United Realty
38 Photos

38 Magnolia Drive, Putnam, IL 61560

$399,999 Asking Price

3 beds
3 baths
2,400  sqft
Built in 1991

RARELY AVAILABLE ... 6 Bedroom, 3 Bath home with 278 FEET of PRIVATE WATER FRONTAGE on a DOUBLE LOT. This vacation oasis is located on beautiful Lake Thunderbird, just 2 hours Southwest of Chicago. The lake frontage of this property is so vast, it creates a private swimming cove for homeowners to utilize. Use the adjacent lot to create a private beach, build a garage or construct a gazebo on the highest point of the land for spectacular views of the lake. The possibilities are endless! Enter the home on the property and your eyes will soon discover NEW engineered hardwood flooring, vaulted ceilings and loads of windows with amazing lake views throughout. The living room greets you and opens directly into the updated kitchen. The kitchen boasts white cabinetry, stainless steel appliances, a breakfast bar and walk-in pantry. An eating area also complements the space. The kitchen flows directly into the family room with wood burning fireplace, built-in shelving, and new French doors. Off the family room you will find two large bedrooms and a hall bath. The master suite is located on the opposite end of the home and is comprised of a large walk-in closet and master bath with double sinks, separate shower, and whirlpool tub. Head downstairs to another level of living. The walkout basement consists of a large bar, game area and a recreation room with a gas burning fireplace. Three sizable bedrooms and a bath are also located on the lower level, along with a laundry room and loads of storage. Head outside to the expansive deck that provides beautiful views of the lake. A few steps down and you are at the waterfront. The private driveway allows for ample parking. A newer roof and siding, updated kitchen, tankless water heater, new septic motor with warranty and more add to the value of this home. Enjoy all the amenities that Lake Thunderbird has to offer including 112 ACRES OF LAKE, SWIMMING POOL, PRIVATE BEACH, RENOVATED CLUBHOUSE, PARKS, NATURE TRAILS, VOLLEYBALL, BASKETBALL, TENNIS, MINI GOLF, DISC GOLF, FISHING, SPECIAL EVENTS AND MORE! Access to all the amenities is included in the low annual assessment. This is an estate sale. Home is clean and well-maintained and being sold As-Is. PLEASE NOTE: THE ADDRESS ON THE HOME IS 36 MAGNOLIA DRIVE, BUT THE HOMES CORRECT ADDRESS IS 38 MAGNOLIA DRIVE.


Listing Status:
Active
Date Added:
March 6, 2024 — 87 days ago
Listing Office:
Platinum Partners Realtors, Stephanie Pellegrino (708-369-6119)
Office Phone:
708-369-6119
MLS ID:
11997407

Features & Amenities

Interior

General:
Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Some Carpeting, Some Wood Floors, Drapes/Blinds, Pantry
Rooms:
Bedroom 5, Bedroom 6, Eating Area, Pantry, Deck, Walk In Closet, Recreation Room
Master Bath:
Whirlpool,Separate Shower,Double Sink
Appliances:
Range, Microwave, Dishwasher, Refrigerator, Freezer, Stainless Steel Appliance(s)
Dining:
Kitchen/Dining Combo
Laundry:
Electric Dryer Hookup, Sink
Basement:
Full
A/C:
Central Air
Heating:
Propane
Fireplace:
Wood Burning, Gas Log, Gas Starter, Fireplaces: 2
Disability Feature:
None

Exterior

General:
Vinyl Siding, Deck, Patio, Storms/Screens, Shed(s)
Style:
Ranch
Parking:
Off Street, Parking spaces: 3

Construction

Roofing:
Asphalt
General:
1 Story, Concrete Perimeter

Location

HOA Amenities:
Clubhouse, Pool, Lake Rights, Other, 1153.0, Annually
Originating MLS:
mred
School District:
5
County:
Putnam

Lot

Zoning:
0300070040

Utilities

Water:
Public,Community Well
Sewer:
Septic-Private

Financial

Source:
mred
Ownership:
Fee Simple w/ HO Assn.
Buyers Agent Compensation:
2.5%-$450

This listing courtesy of:
Platinum Partners Realtors, Stephanie Pellegrino

About Putnam, IL

Housing

Number of Units
577
Median Home Value
$168,418
Median Rent
$387

13.11% of housing units are renter occupied.

48.51% are vacant.

Commute

Car
74.45%
Public Transportation
0.00%
Walk to Work
0.04%
Work from Home
16.48%
Other
0.00%

The median travel time to work is 23 minutes.

People

Population
570
Median Age
49.20
Median Household Size
2.41

Education

High School
29.38%
Associate’s Degree
6.25%
Bachelor’s Degree
25.19%
Graduate Degree
14.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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