2406 Rainbow Ave, Bloomington, IL 61704
Property image
Property image
OFF MARKET

$523,400

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,050 sqft (on 0.42 acres)

2406 Rainbow Ave, Bloomington, IL 61704

Refinance Your Home

Home Value

Trulia Estimate
$523K
Since last month
Increased$4K (+0.8%)
Since last year
Increased$4K (+0.8%)
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 decreased by -13% in the last 10 years
MonthEstimated value
2026
August 2026$523K
August 2026$519K
2023
2022
2020

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
8 Rounds Rd, Bloomington, IL
0.48
Apartment
$230,000
07/31/26
3
2
1,536
203 S Regency Dr, Bloomington, IL
1.82
Apartment
$640,000
01/13/26
2
2
1,200
604 1/2 Douglas St, Bloomington, IL
2.67
Apartment
$150,000
01/13/26
1
1
2,432
106 E Kelsey St, Bloomington, IL
2.79
Apartment
$105,000
12/22/25
2
1
800
1112 S Fell Ave, Normal, IL
2.41
Apartment
$215,000
04/30/26
2
1
800
1103 E Olive St, Bloomington, IL
2.50
Apartment
$232,000
01/16/26
2
1
1,200
1001 E Olive St, Bloomington, IL
2.59
Apartment
$125,000
06/30/26
2
1
875
503 E Locust St, Normal, IL
2.18
Apartment
$200,000
02/12/26
4
3,600
508 E Chestnut St, Bloomington, IL
2.57
Apartment
$120,000
08/13/26
1
1
-
109 Urban St #19, Bloomington, IL
4.06
Apartment
$80,000
09/09/25
3
1
911
Home facts updated by county records

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
0.06
$273,300
4
2
2,120
Off Market
2313 Rainbow Ave, Bloomington, IL 61704
0.10
$187,500
3
1
989
Off Market
2417 Anchor Dr, Bloomington, IL 61704
0.09
$231,500
3
2
1,535
Off Market
1536 N Hershey Rd, Bloomington, IL 61704
0.10
$181,300
3
2
1,434
Off Market
2319 Anchor Dr, Bloomington, IL 61704
0.11
$225,000
3
2
1,620
For Sale
1528 N Hershey Rd, Bloomington, IL 61704
0.11
$185,000
4
2
2,330
Recently Sold
1526 N Hershey Rd, Bloomington, IL 61704
0.11
$194,625
3
2
2,280
Recently Sold
1516 N Hershey Rd, Bloomington, IL 61704
0.11
$158,500
3
1
1,844
Recently Sold
1518 N Hershey Rd, Bloomington, IL 61704
0.11
$260,300
4
2
2,318
Off Market
2305 Rainbow Ave, Bloomington, IL 61704
0.14
$241,600
4
1.5
2,160
Off Market
2608 Rainbow Ave #3, Bloomington, IL 61704
0.17
$240,600
3
2
2,701
Off Market
2604 Rainbow Ave #2, Bloomington, IL 61704
0.17
$253,400
2
2.5
2,460
Off Market

Local Information

  • Map ViewExplore the area around 2406 Rainbow Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Apartment
Built in 1985
0.42 acre lot
1,050 sqft
$498/sqft

About this House

This freshly-painted two-bedroom apartment has plush carpet, a washer/dryer and dishwasher and is ready to move in! It is in a neighborhood that is close to parks, grocery shopping and more. We are landlords who self-manage and live nearby (don't be fooled by the area code!) and we want you to enjoy your new home.

Absolutely no smoking inside the building, please.
2406 Rainbow Ave, Bloomington, IL 61704 is a 2 bedroom, 1 bathroom, 1,050 sqft apartment built in 1985. More recently, it was listed as a rental in January 2023 with an asking price of $820 per month. That rental listing was removed on January 30, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $523,400, with a rent estimate of $1,269/month.

Home Details for 2406 Rainbow Ave

Interior Features

Interior Details
BasementTypes of Rooms: Dining RoomCeiling Fan
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Appliances & Utilities
DryerWasher

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Apartment

Exterior Features

Parking & Garage
Parking: Off Street

Community

Units in Building: 12

Lot Information

Lot Area: 0.42 acres

Price and Tax history

DateEventPrice
Jan 30, 2023
Source: Zillow Rentals
ListingRemoved
Jan 26, 2023
Source: Zillow Rentals
Listed For Rent
$820
Oct 24, 2022
Source: Zillow Rental Manager
ListingRemoved
Oct 13, 2022
Source: Zillow Rental Manager
Listed For Rent
$820
Sep 24, 2022
Source: Zillow Rental Manager
ListingRemoved

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 2406 Rainbow Ave

  • What is 2406 Rainbow Ave estimated to be worth?
    Trulia's estimated value for 2406 Rainbow Ave in Bloomington, IL is $523,400.
  • 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.
  • What do residents say about Bloomington?
    Residents describe Bloomington, IL as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Bloomington, IL.
  • Does 2406 Rainbow Ave have laundry facilities?
    Yes, 2406 Rainbow Ave in Bloomington, IL has in-unit laundry.
  • Does 2406 Rainbow Ave have parking?
    Yes, 2406 Rainbow Ave in Bloomington, IL has on-site parking.

Explore by feature - Pet Friendly

79 pet-friendly rentals in Bloomington, IL

Explore by feature - Garage

42 rentals with a garage in Bloomington, IL

Explore by feature - Air Conditioning

93 rentals with air conditioning in Bloomington, IL

Explore by feature - Pool

8 rentals with a pool in Bloomington, IL

Explore by feature - Washer/dryer

69 rentals with a washer/dryer in Bloomington, IL

Explore by feature - Outdoor Space

14 rentals with an outdoor space in Bloomington, IL

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 2406 Rainbow Ave

Skip to last item
Skip to first item

Homes for sale near 2406 Rainbow Ave

Skip to last item
  • Results are loading
Skip to first item
Skip to last item
  • Results are loading
Skip to first item