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38 Magnolia Drive

Putnam, IL 61560

6 beds
3 baths
2,400 sqft
~1 acre lot
$152 per sqft
1991 build
– on site

218 FEET OF PRIVATE LAKEFRONT! Don't miss this rare opportunity to own a WATERFRONT home situated on beautiful Lake Thunderbird, just 2 hours southwest of Chicago! This 6 bedroom, 3 bath home with walkout basement is located on a quiet cul-de-sac on a highly sought after lot. THE WATERFRONT OF THIS PROPERTY IS SO VAST IT PROVIDES A PRIVATE SWIMMING COVE. Enter the home 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 to 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 loads of parking. A newer roof and siding, updated kitchen, tankless water heater and more add to the value of this home. Enjoy 112 ACRES OF LAKE, GUARDED 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 are 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 courtesy of MRED / Platinum Partners Realtors as distributed by MLS GRID

Last checked: Checking… • Last updated May 15, 2025 •

MLS# 12360306 —

The Building

Year Built:

1991
Rebuilt:

No
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Ranch
Roof:

Asphalt
Basement:

Finished, Full, Walk-Out Access
Foundation Details:

Concrete Perimeter
Patio And Porch Features:

Deck, Patio
Disability Access:

No
Total SqFt:

1200
Total SqFt:

2400
Below Grade Finished Area:

1200
Main SqFt:

1200
Basement SqFt:

1200
Living Area Source:

Builder
Window Features:

Screens, Skylight(s), Drapes

Interior

Room Type:

Bedroom 5, Bedroom 6, Eating Area, Pantry, Deck, Walk In Closet, Recreation Room
Rooms Total:

11
Interior Features:

Cathedral Ceiling(s), Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Pantry
Fireplaces Total:

2
Fireplace Features:

Wood Burning, Gas Log, Gas Starter
Fireplace Location:

Family Room,Basement
Laundry Features:

Electric Dryer Hookup, Sink
Flooring:

Carpet, Wood

Room Dimensions

Living Area:

2400

Location

Directions:

LAKE THUNDERBIRD DR TO MAGNOLIA DR FOLLOW TO CUL DE SAC
Location:

27944

The Property

Parcel Number:

0300070040
Property Type:

Residential
Location:

O
Lot Features:

Cul-De-Sac, Wooded, Mature Trees
Lot Size Dimensions:

198 X 151 X 278 X 273
Rural:

Y
Waterfront:

true
View:

Water
Waterfront Features:

Lake Front

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

9212

Beds

Bedrooms Total:

6
Bedrooms Possible:

6

Baths

Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Propane
Cooling:

Central Air

Utilities

Sewer:

Septic Tank
Water Source:

Public, Shared Well

Appliances

Appliances:

Range, Microwave, Dishwasher, Refrigerator, Freezer, Stainless Steel Appliance(s)

Schools

Elementary School District:

5
Middle Or Junior School District:

5
High School District:

5

The Community

Subdivision Name:

Lake Thunderbird
Community Features:

Clubhouse, Park, Pool, Tennis Court(s), Lake, Dock, Water Rights, Street Paved
Association Fee:

726
Association Fee Includes:

Clubhouse, Pool, Lake Rights, Other
Association Fee Frequency:

Annually
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

3
Parking Features:

Gravel, Off Street, Off Site, Owned

Extra Units

Other Structures:

Shed(s)

Monthly cost estimate

Asking price

$365,000

Expense	Monthly cost
Mortgage	$1,954
Taxes	$767
Insurance	$100
HOA fees	$61
Utilities	$166 See report
Total	$3,048/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price
5/9/25 May 9, 2025	Listed / Active	MRED	$365,000
10/10/24 Oct 10, 2024	Price Changed	MRED
5/30/24 May 30, 2024	Price Changed	MRED

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This house located in IL 61560 is currently for sale for $365,000. 38 Magnolia Drive is a 2,400 square foot house with 6 beds and 3 baths that has been on Estately for 39 days. This house is in the attendance area of Henry-Senachwine High School and Henry-Senachwine Jr. High And Grade School.

Listing courtesy of MRED, Platinum Partners Realtors, and Stephanie Pellegrino as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of May 15, 2025, 06:36 pm. 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.