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2313 Rainbow Ave

Bloomington, IL 61704

3 bd 1 ba 989 sqft Built 1977 single_family
Most recent sale
$149,900
Jan 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 29, 2024 Sold $149,900 MRED
Dec 20, 2023 Listed $149,900 MRED
Jun 1, 2018 Sold $111,000 BloomingtonNormal
Mar 1, 2018 Listed $114,900 BloomingtonNormal

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $34,340 $10,463 $44,803 $3,243
2022 $31,324 $9,544 $40,868 $2,963
2021 $29,393 $8,956 $38,349 $2,749
2020 $29,393 $8,956 $38,349 $2,741
2019 $29,393 $8,956 $38,349 $2,733
2018 $28,817 $8,780 $37,597 $2,659
2017 $28,817 $8,780 $37,597 $2,660
2016 $28,817 $8,780 $37,597 $2,655
2015 $29,164 $8,886 $38,050 $2,685
2014 $29,164 $8,886 $38,050 $2,600
2013 $29,164 $8,886 $38,050 $2,559
2012 $29,485 $8,984 $38,469 $2,554
2010 $29,066 $9,698 $38,764 $2,553
2009 $29,066 $9,698 $38,764 $2,536
2008 $26,954 $8,994 $35,948 $2,358

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
989 sqft
Lot size
ZIP code
61704
City
Bloomington
Street
Rainbow Ave
Coordinates
40.49895, -88.94228

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,780
Gross rental yield
14.25%
Implied cap rate
9.26%
Trend-extrapolated value

Frequently asked questions

When did 2313 Rainbow Ave last sell?
2313 Rainbow Ave most recently sold on Jan 29, 2024 for $149,900.
What is the current tax assessment for 2313 Rainbow Ave?
The most recent total assessment for 2313 Rainbow Ave (year 2023) is $44,803 with $3,243 in property tax.
How does 2313 Rainbow Ave's assessment compare to its last sale price?
The current assessment is 70.1% below the last sale price of $149,900.
When was 2313 Rainbow Ave built?
2313 Rainbow Ave was built in 1977.
How does 2313 Rainbow Ave compare to others on Rainbow Ave?
We track 8 other properties on Rainbow Ave. Browse the list under "Other properties on Rainbow Ave" to compare beds, baths, and sale history.
What are the property facts for 2313 Rainbow Ave?
2313 Rainbow Ave is a 3 bed, 1 bath, 989 sqft single_family.
Is 2313 Rainbow Ave a flip candidate?
No — 2313 Rainbow Ave does not appear in our flips dataset.
Is 2313 Rainbow Ave a tax-appeal candidate?
No — 2313 Rainbow Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$387.1K
2026 Q4
$393.5K
ZIP 61704 — Median Price History + Forecast

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