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1580 Rainbow Bnd

Bourbonnais, IL 60914

3 bd 2 ba 2,024 sqft Built 1997 Lot 14,820 sqft single_family
Most recent sale
$250,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $250,000 MLS #11402024
Jun 14, 2022 Listed $249,900 MLS #11402024

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $96,896 $9,276 $106,172 $7,459
2024 $86,237 $8,751 $94,988 $6,747
2022 $69,966 $7,810 $77,776 $5,604
2021 $63,950 $7,638 $71,588 $5,208
2020 $63,511 $7,434 $70,945 $5,060
2019 $61,661 $7,217 $68,878 $5,183
2018 $60,750 $7,110 $67,860 $5,127
2017 $59,268 $6,937 $66,205 $5,080
2016 $58,392 $6,834 $65,226 $4,964
2015 $58,792 $6,766 $65,558 $5,028
2014 $59,439 $6,766 $66,205 $4,930
2013 $60,636 $6,766 $67,402 $4,865
2012 $64,343 $6,766 $71,109 $4,787
2010 $64,464 $12,729 $77,193 $2,966
2009 $64,464 $12,729 $77,193 $2,855
2008 $63,200 $12,479 $75,679 $2,922
2007 $61,402 $11,999 $73,401 $4,507
2005 $52,644 $12,119 $64,763 $4,262

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,024 sqft
Lot size
14,820 sqft
ZIP code
60914
City
Bourbonnais
Street
Rainbow Bnd
Coordinates
41.16563, -87.83354

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1580 Rainbow Bnd last sell?
1580 Rainbow Bnd most recently sold on Jul 22, 2022 for $250,000.
What is the current tax assessment for 1580 Rainbow Bnd?
The most recent total assessment for 1580 Rainbow Bnd (year 2025) is $106,172 with $7,459 in property tax.
How does 1580 Rainbow Bnd's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $250,000.
When was 1580 Rainbow Bnd built?
1580 Rainbow Bnd was built in 1997.
How does 1580 Rainbow Bnd compare to others on Rainbow Bnd?
We track 1 other property on Rainbow Bnd. Browse the list under "Other properties on Rainbow Bnd" to compare beds, baths, and sale history.
What are the property facts for 1580 Rainbow Bnd?
1580 Rainbow Bnd is a 3 bed, 2 bath, 2,024 sqft, 14,820 sqft lot single_family.
Is 1580 Rainbow Bnd a flip candidate?
No — 1580 Rainbow Bnd does not appear in our flips dataset.
Is 1580 Rainbow Bnd a tax-appeal candidate?
No — 1580 Rainbow Bnd 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
+2.4%
Implied 1-yr
+9.4%
2026 Q3
$313.2K
2026 Q4
$319.6K
ZIP 60914 — Median Price History + Forecast

Explore nearby

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