2405 Rainbow Ave, Bloomington, IL 61704
Property image
Property image
OFF MARKET

$186,600

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 989 sqft

2405 Rainbow Ave, Bloomington, IL 61704

Est. Refi. Payment $1,372/mo*
Refinance Your Home
Currently Off Market - Sold Aug 12, 2021 for $127,000

Home Value

Trulia Estimate
$187K
Since last month
Decreased$1K (-0.7%)
Since last year
Increased$2K (+1.1%)
Since last sale
Increased$60K (+46.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +63% in the last 10 years
MonthEstimated value
2026
August 2026$187K
August 2026$186K
July 2026$188K
June 2026$188K
May 2026$185K
April 2026$182K
March 2026$179K
February 2026$173K
January 2026$177K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2403 Rainbow Ave, Bloomington, IL
0.01
Single-Family Home
$176,000
10/22/25
2
1
989
14 Moonstone Ct, Bloomington, IL
0.28
Single-Family Home
$160,000
09/23/25
3
1.5
1,102
1526 N Hershey Rd, Bloomington, IL
0.11
Single-Family Home
$194,625
01/09/26
3
2
2,280
1408 Ridgeport Ave, Bloomington, IL
0.22
Single-Family Home
$229,900
06/22/26
4
2
1,067
14 Carraway Ct, Bloomington, IL
0.22
Single-Family Home
$205,000
08/28/26
3
1.5
1,556
1528 N Hershey Rd, Bloomington, IL
0.11
Single-Family Home
$185,000
07/31/26
4
2
2,330
1402 N Hershey Rd, Bloomington, IL
0.21
Single-Family Home
$197,600
08/21/26
3
2
1,774
2606 Kapok Dr, Bloomington, IL
0.18
Single-Family Home
$260,000
06/30/26
3
2
1,662
4 Siesta Ct, Bloomington, IL
0.15
Single-Family Home
$220,000
01/12/26
4
2
1,580
1516 N Hershey Rd, Bloomington, IL
0.09
Single-Family Home
$158,500
12/23/25
3
1
1,844

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2410 Anchor Dr, Bloomington, IL 61704
0.04
$273,300
4
2
2,120
Off Market
2319 Anchor Dr, Bloomington, IL 61704
0.07
$225,000
3
2
1,620
For Sale
2313 Rainbow Ave, Bloomington, IL 61704
0.05
$187,500
3
1
989
Off Market
2417 Anchor Dr, Bloomington, IL 61704
0.09
$231,500
3
2
1,535
Off Market
1516 N Hershey Rd, Bloomington, IL 61704
0.09
$158,500
3
1
1,844
Recently Sold
1518 N Hershey Rd, Bloomington, IL 61704
0.09
$260,300
4
2
2,318
Off Market
1526 N Hershey Rd, Bloomington, IL 61704
0.11
$194,625
3
2
2,280
Recently Sold
1528 N Hershey Rd, Bloomington, IL 61704
0.11
$185,000
4
2
2,330
Recently Sold
1536 N Hershey Rd, Bloomington, IL 61704
0.12
$181,300
3
2
1,434
Off Market
2305 Rainbow Ave, Bloomington, IL 61704
0.10
$241,600
4
1.5
2,160
Off Market
1523 N Hershey Rd, Bloomington, IL 61704
0.13
$228,800
4
2
1,430
Off Market
1527 N Hershey Rd, Bloomington, IL 61704
0.14
$234,500
5
2
2,151
Off Market

Local Information

  • Map ViewExplore the area around 2405 Rainbow Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1978
989 sqft
$189/sqft
Garage

About this House

Very nice Neat and clean 2 Bedrooms 2 Bathrooms, one car garage. fenced in yard. New luxury Vinyl floor, new paint. Both bedrooms with walking closets. Close to shopping, and grade school.

Please Note: Tenants pay all the utilities, also responsible for maintaining back and front yard and removing the snow in winter.
2405 Rainbow Ave, Bloomington, IL 61704 is a 2 bedroom, 2 bathroom, 989 sqft single-family home built in 1978. It last sold for $127,000 on Aug 12, 2021. More recently, it was listed as a rental in February 2026 with an asking price of $1,700 per month. That rental listing was removed on February 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $186,600, with a rent estimate of $1,438/month.

Home Details for 2405 Rainbow Ave

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 4
Appliances & Utilities
DishwasherDryerWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Slab
Parking & Garage
GarageParking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6621 sqft

Price and Tax history

DateEventPrice
Feb 24, 2026
Source: Zillow Rentals
ListingRemoved
$1,700
Feb 20, 2026
Source: Zillow Rentals
Listed For Rent
$1,700
Dec 20, 2025
Source: Zillow Rentals
ListingRemoved
$1,750
Nov 28, 2025
Source: Zillow Rentals
Listed For Rent
$1,750
Nov 16, 2025
Source: Zillow Rentals
ListingRemoved
$1,800

Market trends in Bloomington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$260K
$3.42KMoM
Sale-to-List Price
99.8%
0.5%MoM
Price per sq ft
$123
$0MoM
Available listings
201
12MoM

Around this home

What Locals Say about Bloomington

At least 522 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 91 % Say it's dog friendly

  • 88 % Say parking is easy

  • 84 % Say there are sidewalks

  • 79 % Say yards are well-kept

  • 77 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 68 % Say streets are well-lit

  • 68 % Say it's quiet

  • 57 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 36 % Say it's walkable to restaurants

  • 36 % Say it's walkable to grocery stores

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Halloween and icecream social"
    0
    Flag
  • Trulia User
    "I live by Washington Grade School which is a great school. 3 generations of my fam went there. Family neighborhood with lots of kids and aging neighbors. Not enough diversity but otherwise happy here. Been in my home 20 years. "
    0
    Flag
  • Lauren
    "Sweet corn circus, farmers markets, tailgate and tall boys music festival, and all of the other local events around town. "
    0
    Flag
  • Conwayjm
    " Nice neighborhood to take walks in and not too much traffic. Lots of parks and sidewalks, as well as dog parks make it family and dog friendly. "
    0
    Flag
  • Srinivas.ramasetti
    "By car driving approximately 15 mins oneway Return also same way and same route same amount of journey"
    0
    Flag
  • Srinivas.ramasetti
    "Dog owners around this are very much like it since it has dig friendly neighbour wood with lot of dog owners. They enjoy walking with across street."
    0
    Flag
  • Gonzalesjessie379
    "It’s a safe neighborhood with large trees and beautiful homes. Not only do I live here but I grew up in this neighborhood. Downtown is just a few blocks away with shops night life and parades. "
    5
    Flag
  • Melinda Turner
    "People who walk their dogs clean up behind them and they are very respectful of your yard. I like the keep the on leash never see any wondering around the neighborhood."
    1
    Flag
  • Romi Rudzinski
    "Halloween trick or treating is the highlight, there are not other events that take place on our neighbourhood."
    0
    Flag
  • Tess B.
    "unit 5 is a great school district. lots to do in the ways of trails and parks. heartland community College also offers a lot of fun classes for kids in the summer time. "
    0
    Flag
  • Kellysully248
    "the area has two dogs parks. they are both nice parks. one is maxwell, the other is called Shepard. excelente area for dogs to play and socialize. safe neighborhood for walking your dog. plenty of parks too "
    13
    Flag
  • Emily M.
    "great public transport access, & pretty central to most places in town. grocery & pharmacy & restaurants nearby too! love our neighborhood."
    0
    Flag
  • Matthew
    "Calm neighborhood with a little street traffic off of busier roads. Close to downtown, older buildings, and near Wesleyan. Never had a problem in 5 years "
    1
    Flag
  • Rtwebb1978
    "Quiet and nice area. I have some good neighbors and they are helpful. It’s private and enjoyable to live in this area. "
    1
    Flag
  • Peg F.
    "Dogs are welcome and I have never seen one loose. Some people do not pick up their animals waste, which I think is very rude.. the “Dog Run” is not what is perceived on the pamphlets, it is very small fenced in area..so everyone just lets their dogs go on any grassy area"
    5
    Flag
  • Anyuan
    "A good and quite neighborhood, most of people are friendly, lawn is well-kept, many children playing outside."
    0
    Flag
  • Rakesh.pisces
    "That neighborhood is kids friendly and good school is available. Diverse culture is also an important factor."
    0
    Flag
  • Bauerb6
    "Great community and helpful neighbors. Low crime rate. Many restaurants to choose from. Clean cities"
    0
    Flag
  • Laverne T.
    "They would love this area. Dogs are welcomed here. There are times when you need to keep an eye out for stray dogs "
    4
    Flag
  • Bauerb6
    "Beautiful well kept community. Safe atmosphere and great schools. Good neighborhood with plenty of restaurants "
    0
    Flag
  • Kelli F. .
    "My commute can be long for a smaller city like Bloomington.. 15 to 20 minutes everywhere you go. I like around 5 minutes is long enough. "
    0
    Flag
  • Kelli F. .
    "There’s a lot of places to walk the dogs as well as ponds to play in. Very welcoming neighborhood! Would recommend for people with pets"
    0
    Flag
  • Jennifer B.
    "great place to raise children. neighbors are friendly, clean city and neighborhoods. schools are also great! excellent teachers."
    0
    Flag
  • Denise
    "My commute is fine...takes 15 minuets to get to most places in town. Traffic is fine most of the time "
    2
    Flag
  • Reliant61
    "I am retired, so no commute. You can be anywhere in town in 20 minutes or less. Public transportation is available but I have never used it. Most amenities are close enough to walk to if needed."
    6
    Flag
  • Faye
    "I have lived in this area for 20+ years. It is very family friendly and has a strong flow of young professionals from the universities near by. "
    0
    Flag
  • Tammy H.
    "This is a nice area with a lot of professionals and families. there are things to do and nice homes."
    0
    Flag
  • Faye
    "As a neighborhood resident for 20 years, I can safely say this place is a steady family area perfect for raising a family. "
    0
    Flag
  • MO
    "I am retired so I don’t have a commute. I have 3 grocery stores within walking distance too. I can get anywhere in town in less than 20 minutes "
    5
    Flag
  • Mark O
    "Just a lot of stopping and chatting going on in the neighborhood during walks. The downtown and uptown communities sponsor a lot of entertainment and events to attend."
    0
    Flag
  • Reliant61
    "The commute anywhere is negligible since this is a fairly small community and it has a good transpusystem"
    0
    Flag
  • Bcfishe
    "There are many families with children in the neighborhood plenty of parks schools nearby great location. Seven minutes to work I work in normal"
    0
    Flag
  • Will Buckem
    "it takes a village to do anything now-a-days. Real talk. Our neighborhood is blended and mostly we all lookout for each other."
    0
    Flag
  • Dakota B.
    "Many great places in town. Lots of places to eat. Also, many awesome schools ranging from Pre-K / College Graduate. Taxes are a bit high in some areas, but are mostly alright."
    0
    Flag
  • Rianna S.
    "There is access to a bus system but most places must be traveled via car. There are not many restaurants or shops close by. "
    1
    Flag
  • Jodimacewan
    "It’s quiet safe, easier to park than larger places. Close to trail parking and restaurants. Close to work. "
    0
    Flag
  • Dkkdcarter
    "Lived here for 20 years. Easy, safe living with great schools and minimal crime. Strong economic base."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2405 Rainbow Ave

  • What is 2405 Rainbow Ave estimated to be worth?
    Trulia's estimated value for 2405 Rainbow Ave in Bloomington, IL is $186,600.
  • What is the price history for 2405 Rainbow Ave?
    2405 Rainbow Ave in Bloomington, IL last sold for $127,000 in August 2021.
  • Is Bloomington a buyer's or seller's market?
    Bloomington is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Bloomington?
    The median sale price in Bloomington is $260K. That is down $3.42K from the prior month.
  • Does 2405 Rainbow Ave have laundry facilities?
    Yes, 2405 Rainbow Ave in Bloomington, IL has in-unit laundry.
  • How big is the lot at 2405 Rainbow Ave?
    The lot at 2405 Rainbow Ave in Bloomington, IL is about 0.15 acres (6,621 sq ft).

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Off Market Homes Near 2405 Rainbow Ave

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