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2309 Rainbow Vw

Urbana, IL 61802

3 bd 2 ba 1,176 sqft Built 1965 Lot 7,705 sqft single_family
Most recent sale
$95,000
Dec 13, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Listing removed MRED
Mar 4, 2024 Price changed $148,500 MRED
Feb 25, 2024 Listed $198,500 MRED
Dec 13, 2023 Sold $95,000 MRED
Oct 20, 2023 Listed $99,900 MRED
Sep 15, 2015 Sold $80,000 Public Record
Jul 31, 2015 Listing removed $79,900 ChampaignArea
Jul 28, 2015 Price changed $79,900 ChampaignArea
Jul 16, 2015 Price changed $89,900 ChampaignArea
Feb 12, 2015 Listed $94,900 ChampaignArea
Sep 19, 2013 Listing removed $94,900 ChampaignArea
Jun 18, 2013 Price changed $94,900 ChampaignArea
Jun 11, 2013 Price changed $98,900 ChampaignArea
Apr 3, 2013 Price changed $99,900 ChampaignArea
Jan 8, 2013 Listed $104,900 ChampaignArea
Jan 1, 2013 Listing removed $105,000 ChampaignArea
Aug 24, 2012 Price changed $105,000 ChampaignArea
Jun 19, 2012 Listed $110,000 ChampaignArea
Aug 31, 2009 Sold $105,000 Public Record
Aug 26, 2009 Listing removed $110,900 ChampaignArea
Aug 8, 2009 Price changed $110,900 ChampaignArea
May 5, 2009 Listed $113,900 ChampaignArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $24,490 $14,010 $38,500 $3,893
2024 $24,490 $14,010 $38,500 $3,753
2023 $23,150 $13,240 $36,390 $2,893
2022 $19,450 $11,120 $30,570 $2,659
2021 $18,130 $10,360 $28,490 $2,427
2020 $16,600 $9,490 $26,090 $2,161
2019 $16,600 $9,490 $26,090 $2,099
2018 $16,720 $9,560 $26,280 $2,095
2017 $16,360 $9,360 $25,720 $2,107
2016 $17,220 $9,850 $27,070 $2,239
2015 $17,220 $9,850 $27,070 $2,264
2014 $18,130 $10,370 $28,500 $2,385
2013 $19,080 $10,920 $30,000 $2,510
2012 $22,600 $10,180 $32,780 $2,509
2011 $22,600 $10,180 $32,780 $2,483
2010 $25,280 $10,780 $36,060 $2,552
2009 $25,280 $10,780 $36,060 $3,007
2008 $24,460 $10,650 $35,110 $2,887
2006 $23,410 $10,190 $33,600 $1,098
2005 $25,770 $6,550 $32,320 $1,148

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,176 sqft
Lot size
7,705 sqft
ZIP code
61802
City
Urbana
Street
Rainbow Vw
Coordinates
40.10376, -88.17716

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
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2309 Rainbow Vw last sell?
2309 Rainbow Vw most recently sold on Dec 13, 2023 for $95,000.
What is the current tax assessment for 2309 Rainbow Vw?
The most recent total assessment for 2309 Rainbow Vw (year 2025) is $38,500 with $3,893 in property tax.
How does 2309 Rainbow Vw's assessment compare to its last sale price?
The current assessment is 59.5% below the last sale price of $95,000.
When was 2309 Rainbow Vw built?
2309 Rainbow Vw was built in 1965.
How does 2309 Rainbow Vw compare to others on Rainbow Vw?
We track 8 other properties on Rainbow Vw. Browse the list under "Other properties on Rainbow Vw" to compare beds, baths, and sale history.
What are the property facts for 2309 Rainbow Vw?
2309 Rainbow Vw is a 3 bed, 2 bath, 1,176 sqft, 7,705 sqft lot single_family.
Is 2309 Rainbow Vw a flip candidate?
No — 2309 Rainbow Vw does not appear in our flips dataset.
Is 2309 Rainbow Vw a tax-appeal candidate?
No — 2309 Rainbow Vw 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
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast

Explore nearby