2731 Rainbow Ave, Bloomington, IL 61704
Property image
Property image
OFF MARKET

$205,300

Trulia Estimate
as of Sep 3, 2026
  • 3 Beds
  • 3.5 Baths
  • 1,750 sqft
  • 3 Beds
  • 3.5 Baths
  • 1,750 sqft

2731 Rainbow Ave, Bloomington, IL 61704

Home Highlights

Property Type
Single-Family Home
Living Area
1,750 sqft
Price/Sqft
$117
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 2731 Rainbow Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This townhome unit has three bedrooms, 3.5 bathrooms, kitchen with a dishwasher, living room with a fireplace, two-car attached garage, and patio. The townhome unit has central air conditioning and washer-dryer hook-ups in the unit. The property overlooks Clearwater Park and is within the Unit 5 School District and conveniently located near shopping and dining on the east side of Bloomington. The townhome unit is pet friendly and allows cats and dogs for an additional fee.

* Photos and floorplans shown may not represent all units within the building. * Additionally, any furnishings shown may not represent the specific furnishings included with the unit, if any.
2731 Rainbow Ave, Bloomington, IL 61704 is a 3 bedroom, 4 bathroom, 1,750 sqft single-family home. It last sold for $682,500 on May 1, 2001 (35,355% above the $1,925 asking price). More recently, it was listed as a rental in February 2026 with an asking price of $1,925 per month. That rental listing was removed on April 10, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $205,300, with a rent estimate of $1,998/month.

Home Details for 2731 Rainbow Ave

Interior Features

Heating & Cooling
Heating: FireplaceAir ConditioningCooling System: Central AirHeating Fuel: Fireplace
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Exterior Features

Parking & Garage
Parking: Attached, On Site

Media

Comparable Sales for 2731 Rainbow Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3 Tatiana Ct, Bloomington, IL
0.15
Single-Family Home
$340,000
08/26/26
3
2.5
2,938 sqft
1708 Royal Pointe Dr, Bloomington, IL
0.12
Single-Family Home
$289,000
01/23/26
3
3
2,890 sqft
19 Bandecon Way, Bloomington, IL
0.10
Single-Family Home
$425,000
08/28/26
4
3.5
3,756 sqft
59 Bandecon Way, Bloomington, IL
0.21
Single-Family Home
$340,000
03/30/26
4
3.5
2,092 sqft
1418 Mill Creek Rd, Bloomington, IL
0.13
Single-Family Home
$328,000
04/30/26
4
2.5
2,948 sqft
26 Bandecon Way, Bloomington, IL
0.05
Single-Family Home
$385,000
07/30/26
5
3.5
4,024 sqft
35 Aberdeen Way, Bloomington, IL
0.16
Single-Family Home
$300,000
05/29/26
4
2.5
2,709 sqft
1324 Kenneth Dr, Bloomington, IL
0.29
Single-Family Home
$329,000
07/31/26
4
2.5
2,008 sqft
2818 Polo Rd, Bloomington, IL
0.29
Single-Family Home
$328,000
09/25/25
3
2.5
2,802 sqft
38 Bandecon Way, Bloomington, IL
0.14
Single-Family Home
$352,000
07/08/26
4
3
3,966 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Bloomington

Last updated Sep 2026
Trulia Rent Estimate$1,998/mo
Average rent
$1.15K
$150MoM
Available listings
167
View rental market trends in Bloomington, IL

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

Price and Tax history

DateEventPrice
Apr 10, 2026
Source: Zillow Rentals
ListingRemoved
$1,925
Feb 27, 2026
Source: Zillow Rentals
Listed For Rent
$1,925
Apr 8, 2014
Source: Agent Provided
ListingRemoved
$1,195
Oct 8, 2013
Source: Agent Provided
Listed For Rent
$1,195
May 1, 2001
Source: N/A
Sold
$682,500

Frequently asked questions about 2731 Rainbow Ave

  • What is 2731 Rainbow Ave estimated to be worth?
    Trulia's estimated value for 2731 Rainbow Ave in Bloomington, IL is $205,300.
  • What is the price history for 2731 Rainbow Ave?
    2731 Rainbow Ave in Bloomington, IL last sold for $682,500 in May 2001.
  • 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 2731 Rainbow Ave have air conditioning?
    Yes, 2731 Rainbow Ave in Bloomington, IL has air conditioning.
  • Does 2731 Rainbow Ave have parking?
    Yes, 2731 Rainbow Ave in Bloomington, IL has on-site parking.

Homes for rent near 2731 Rainbow Ave

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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