2803 Rainbow Ave
Bloomington, IL 61704
3 bd 3 ba 1,657 sqft Built 2001 Lot 8,625 sqft single_family
Most recent sale
$263,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $263,000 | MLS #11366701 |
| Apr 13, 2022 | Listed | $238,000 | MLS #11366701 |
| Apr 19, 2018 | Sold | $180,000 | MLS #2171191 |
| Jul 12, 2017 | Sold | $180,000 | Public Record |
| Apr 5, 2017 | Listed | $184,900 | MLS #2171191 |
| Jan 1, 2002 | Sold | $159,000 | Public Record |
| Jan 1, 2001 | Sold | $27,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $64,219 | $20,871 | $85,090 | $6,038 |
| 2022 | $47,710 | $13,931 | $61,641 | $5,446 |
| 2021 | $46,515 | $13,582 | $60,097 | $4,836 |
| 2020 | $46,515 | $13,582 | $60,097 | $4,843 |
| 2019 | $46,515 | $13,582 | $60,097 | $4,686 |
| 2018 | $46,515 | $13,582 | $60,097 | $4,681 |
| 2017 | $46,515 | $13,582 | $60,097 | $4,491 |
| 2016 | $47,032 | $13,733 | $60,765 | $4,534 |
| 2015 | $45,499 | $13,285 | $58,784 | $4,370 |
| 2014 | $45,499 | $13,285 | $58,784 | $4,322 |
| 2013 | $46,428 | $13,556 | $59,984 | $4,403 |
| 2012 | $46,940 | $13,705 | $60,645 | $4,387 |
| 2010 | $47,368 | $14,358 | $61,726 | $4,403 |
| 2009 | $47,368 | $14,358 | $61,726 | $4,359 |
| 2008 | $45,832 | $13,893 | $59,725 | $4,151 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,657 sqft
Lot size
8,625 sqft
ZIP code
61704
City
Bloomington
Street
Rainbow Ave
Coordinates
40.49869, -88.93313
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,983
Gross rental yield
13.61%
Implied cap rate
8.85%
Trend-extrapolated value
—
Frequently asked questions
When did 2803 Rainbow Ave last sell?
2803 Rainbow Ave most recently sold on Jun 3, 2022 for $263,000.
What is the current tax assessment for 2803 Rainbow Ave?
The most recent total assessment for 2803 Rainbow Ave (year 2024) is $85,090 with $6,038 in property tax.
How does 2803 Rainbow Ave's assessment compare to its last sale price?
The current assessment is 67.6% below the last sale price of $263,000.
When was 2803 Rainbow Ave built?
2803 Rainbow Ave was built in 2001.
How does 2803 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 2803 Rainbow Ave?
2803 Rainbow Ave is a 3 bed, 3 bath, 1,657 sqft, 8,625 sqft lot single_family.
Is 2803 Rainbow Ave a flip candidate?
No — 2803 Rainbow Ave does not appear in our flips dataset.
Is 2803 Rainbow Ave a tax-appeal candidate?
No — 2803 Rainbow Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$387.1K
2026 Q4
$393.5K
ZIP 61704 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Ave