1645 E Rainbow Bay Ln, Palatine, IL 60074
OFF MARKET

1645 E Rainbow Bay Ln
Palatine, IL 60074

  • 3 Beds
  • 2 Baths

$285,800

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $2,018/mo*
Refinance Your Home

$285,800

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $2,018/mo*
Refinance Your Home
3 Beds
2 Baths

Local Information

  • Map ViewExplore the area around 1645 E Rainbow Bay Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1979
Parking
Garage

About this House

Fantastic updated 3 Bed/2 Full Bath 2 story townhouse with attached garage. Beautiful home features newer bathrooms, large kitchen, fireplace, in-unit laundry and on demand H20 water heater. Spacious 1st floor Master Bedroom with ample closets and attached bathroom. Complex has pool and party room. SHORT SALE. AS-IS.
1645 E Rainbow Bay Ln, Palatine, IL 60074 is a 3 bedroom, 2 bathroom townhouse built in 1979. It is currently off market. The Trulia Estimate is $285,800, with a rent estimate of $2,224/month.

Home Details for 1645 E Rainbow Bay Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: Other
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: TownhouseArchitecture: Other

Community

Units in Building: 4

Price History for 1645 E Rainbow Bay Ln

DatePriceEventSource
02/02/2014$95,000ListingRemovedAgent Provided
07/02/2013$95,000PendingAgent Provided
06/28/2013$95,000Listed For SaleAgent Provided

Market trends in Palatine

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$341K
$40.5KMoM
Sale-to-List Price
100.3%
0.9%MoM
Price per sq ft
$237
$7MoM
Available listings
221
41MoM
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Comparable Sales for 1645 E Rainbow Bay Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1731 E Hudson Bay, Palatine, IL
0.00
Townhouse
$310,000
12/29/25
3
2
1,600
1711 E Shannon Ln, Palatine, IL
0.00
Townhouse
$245,000
08/19/25
4
1.5
-
1991 N Williamsburg Dr, Palatine, IL
0.24
Townhouse
$282,500
10/14/25
3
1.5
1,700
2171 N Heather Ln, Palatine, IL
0.24
Townhouse
$260,000
07/24/26
3
1.5
1,308
1974 N Jamestown Dr, Palatine, IL
0.24
Townhouse
$273,000
08/15/25
3
2
-
1956 N Jamestown Dr, Palatine, IL
0.24
Townhouse
$291,000
04/22/26
3
1.5
1,680
2179 N Queensburg Ln, Palatine, IL
0.24
Townhouse
$288,000
06/04/26
3
1.5
1,680
1967 N Jamestown Dr, Palatine, IL
0.24
Townhouse
$340,000
01/20/26
3
1.5
1,799
2044 N Ginger Creek Dr, Palatine, IL
0.14
Townhouse
$264,500
12/30/25
2
1.5
1,452
2019 N Ginger Creek Dr #34C, Palatine, IL
0.14
Townhouse
$245,000
02/20/26
2
1.5
1,200

Nearby homes

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Assigned Schools

These are the assigned schools for 1645 E Rainbow Bay Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palatine

At least 542 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 84 % Say car is needed

  • 79 % Say parking is easy

  • 78 % Say there are sidewalks

  • 74 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 68 % Say it's quiet

  • 67 % Say people would walk alone at night

  • 63 % Say there's wildlife

  • 63 % Say streets are well-lit

  • 61 % Say yards are well-kept

  • 57 % Say it's walkable to restaurants

  • 57 % Say it's walkable to grocery stores

  • 52 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kasey Egle
    "You definitely need a car to get around to most places. Some places are walkable but it is much easier to get around with a car. My commute to the city Chicago is always great and convenient using the local Palatine Metra Station."
    1
    Flag
  • Luke Fischer
    "Soccer games and walking in the park. Pickle ball under the lights. Green lawns and flowers. Downtown festivals and parades. "
    0
    Flag
  • Schaedig5
    "Lots of dogs in the neighborhood. People keep them on leashes and are always walking the sidewalks. "
    0
    Flag
  • 4h8zhsv4r2
    "Friendly neighbors and easy access to so many outdoor activities and walking paths. Golf restaurants and bars all around "
    0
    Flag
  • June Holmstrom
    "Block party, outdoor concerts, holiday parades, friendly neighbors, close to everything, excellent walkability."
    0
    Flag
  • Michael Anzalone
    "Like the forest preserve trails to walk their dog . There are a few places Togo . Also there is a mini dog Park "
    0
    Flag
  • Maryjean79
    "Lots of dog owners here and many walking paths. Most dog owners are thoughtful of other neighbors when walking their dogs "
    0
    Flag
  • Elizabeth Strong
    "Palatine has a great mix of affordable housing, including apartments, townhouses, and single-family homes. With plenty of stores, access to the highway, and multiple large forest preserves, it’s a great mix of green space and accessibility. I think our library is top-tier and there are plenty of free community activities for kids and adults. "
    0
    Flag
  • Susan S.
    "Winding streets, friendly neighbors, great schools, neighborhood Easter egg hunts , sleigh rides, and block parties! We have lived here for 25 years "
    0
    Flag
  • Everferreyra
    "Friendly family community makes it a great living place. Trails and forest preserves around the area make it a plus"
    0
    Flag
  • Kaseyegle
    "The Palatine Jaycees Festival during the 4th of July Weekend, Palatine Oktoberfest, and Town Square events. Downtown Palatine also has so many restaurants and things to enjoy."
    1
    Flag
  • Elizabeth Strong
    "Lots of people are out walking their dogs. I see people using leashes and the dogs look well-behaved"
    0
    Flag
  • Schaedig5
    "We’ve been living here for over 10 years and love that everything is so close. Safe community with great neighbors. "
    0
    Flag
  • Julia Eltringham
    "Very drivable and public transportation is available, if needed. I drive about twenty minutes to get to work"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for 7 months and it's quite peaceful and quiet out here and it's got good proximity to marketplaces like Walmart, gas stations, schools. "
    0
    Flag
  • Jairo M.
    "Depending on where you live you may be limited to the dog. But Dog’s are welcomed and you must look after them. And The city requires you to register your dogs with a small fee. "
    8
    Flag
  • Robards3314
    "There are a lot of parks. Many people have dogs, and you se dogs around everywhere. Our neighborhood is definitely dog friendly."
    5
    Flag
  • Unjomm
    "Fireworks! Carnival! Bike show! Fresh food farm market! Easter Egg Hunting at local churches!!! Petting zoo at churches is fun! Flea market is fun too!!!!!! "
    2
    Flag
  • Unjomm
    "4th of july fireworks at the palatine park district! Carnivals for children!!! Farmer market! Bike show"
    1
    Flag
  • Haley H.
    "Everyone has dogs and everyone is friendly and says hi to each other when passing. Sjshshdjdksb sjskcksjah "
    0
    Flag
  • Laismamao
    "I see people walking their dogs all the time and dogs seem welcome in the neighborhood. There are parks around too "
    0
    Flag
  • Agjames
    "I lived here for two years. No problems at all. Decent people and Very diverse. I always felt safe no matter what time of the day. "
    0
    Flag
  • Haley H.
    "There is a farmers market on Saturday mornings and street fest in August with bands and Oktoberfest in September"
    1
    Flag
  • Jacob P.
    "Very safe, friendly families, close to main transportation and excellent schools. Highly recommend this community "
    0
    Flag
  • Patrycefenty
    "I drive my car, there are no buses around. the train station is about 15 minutes from me. There are Also no sidewalks to walk along, but there is a forest preserve near by. "
    1
    Flag
  • Rita D.
    "Everyone is friendly. Great place to raise children. There are a lot things to do in Palatine. Great parks for children and downtown Palatine is beautiful."
    0
    Flag
  • Rita D.
    "I’ve lived in Palatine for 20 years and feel safe. The neighbors are friendly and helpful and an all in all great neighborhood and great area to raise your children."
    0
    Flag
  • Tattoonams
    "I love palatine. It’s a great place to live close to train stations buses and most major stores and banks. As well as easy access to highways "
    0
    Flag
  • Rosaura8
    "Friendly and convenient and have lived here 20 years. Close proximity to major highways and stores. Close to my employer office."
    0
    Flag
  • Bacik_20
    "Taxes are outrageous, people aren’t friendly, weather is garbage, hopefully moving soon! Too many people live here as well. "
    9
    Flag
  • Rita C.
    "I think Palatine is unique in a way because it has a nice neighborhood feel to it. even walking down the street people say hi when they walk by. its cozy and comfortable and everyone is friendly. I love living here."
    0
    Flag
  • Kavita
    "This is very peaceful neighborhood with all easy approach stores parks restaurants and well maintained surroundings "
    0
    Flag
  • Gypsylee B.
    "There are plenty of things. There are neighborhood festivals. There are plenty of family owned restaurants too."
    0
    Flag
  • Kat S.
    "Don’t know public transport. Traffic sucks because of all the IL and US major roads which means they’re terribly plowed because they’re controlled my IDOT. Couple of intersections have frequent accidents. "
    2
    Flag
  • Vinodan_4
    "Schools are decent. I work nearby so commute is easy. traffic does not get too congested. In all good quiet place. "
    0
    Flag
  • Matthew H.
    "Great area to raise a family. It has always feels like Hometown, USA. I would recommend to anyone moving in the area."
    0
    Flag
  • Rupali M.
    "No interaction with neighbors and no social interaction within the society, specially the Parkside where we live."
    0
    Flag
  • Anthony P.
    "There are many families that live in the surrounding condominiuns. There are always people walking their dogs and going to the nearby "dog park" (converted tennis court)."
    0
    Flag
  • Michael K. C.
    "I drive to Waukegan every day and it’s pretty congested most days, I get stuck in traffic almost every day "
    0
    Flag
  • Maryjean79
    "I commute to another suburb. 20 minute drive. Close to major highways. You can take commuter train to downtown Chicago. "
    1
    Flag

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Explore by feature - Pet Friendly

28 pet-friendly rentals in Palatine, IL

Explore by feature - Garage

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Homes for sale near 1645 E Rainbow Bay Ln

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Off Market Homes Near 1645 E Rainbow Bay Ln

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