38 Rainbow Dr, Pekin, IL 61554
Property image
Property image
OFF MARKET

$198,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,856 sqft

38 Rainbow Dr, Pekin, IL 61554

Est. Refi. Payment $1,454/mo*
Refinance Your Home
Currently Off Market - Sold Jan 10, 2025 for $175,000

Home Value

Trulia Estimate
$199K
Since last month
Increased$4K (+2.2%)
Since last year
Increased$16K (+8.8%)
Since last sale
Increased$24K (+13.4%)
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 +82% in the last 10 years
MonthEstimated value
2026
August 2026$199K
August 2026$197K
July 2026$194K
June 2026$191K
May 2026$194K
April 2026$191K
March 2026$190K
February 2026$191K
January 2026$191K
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
1338 Georgeanne Dr, Pekin, IL
0.41
Single-Family Home
$182,500
05/01/26
3
1.5
1,675
1320 Veerman St, Pekin, IL
0.34
Single-Family Home
$196,500
07/13/26
3
1.5
1,515
20 Ashwood Ln, Pekin, IL
0.25
Single-Family Home
$310,000
06/15/26
3
2
1,539
1617 Holiday Dr, Pekin, IL
0.49
Single-Family Home
$164,900
03/31/26
4
1.5
1,899
1702 Florence Ave, Pekin, IL
0.55
Single-Family Home
$170,000
11/13/25
4
1.5
1,766
2233 Autumn Dr, Pekin, IL
0.18
Single-Family Home
$225,000
05/21/26
5
2.5
2,379
4 Pioneer Ct, Pekin, IL
0.49
Single-Family Home
$205,000
06/12/26
4
2
1,850

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
37 Rainbow Dr, Pekin, IL 61554
0.03
$221,500
4
3
2,342
Off Market
10 Oak Hill Ct, Pekin, IL 61554
0.13
$231,000
4
2.5
2,362
Off Market
25 Rainbow Dr, Pekin, IL 61554
0.12
$183,700
3
1
1,560
Off Market
27 Circle Dr, Pekin, IL 61554
0.14
$278,500
4
3
2,666
Off Market
24 Oak Hill Ct, Pekin, IL 61554
0.15
$262,700
3
3
2,448
Off Market
23 Oakhill Ct, Pekin, IL 61554
0.15
$225,000
4
2
2,271
Recently Sold
2400 Locust St, Pekin, IL 61554
0.12
$239,300
3
1.5
2,256
Off Market
39 Circle Dr, Pekin, IL 61554
0.15
$199,000
3
2
2,430
Recently Sold
2233 Autumn Dr, Pekin, IL 61554
0.18
$225,000
5
2.5
2,379
Recently Sold
2241 Autumn Dr, Pekin, IL 61554
0.19
$254,200
3
2.5
1,794
Off Market
1212 Hawthorne Ave, Pekin, IL 61554
0.21
$320,500
4
2.5
2,560
Off Market

Local Information

  • Map ViewExplore the area around 38 Rainbow Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1968
1,856 sqft
$107/sqft
1 Car Garage

About this House

This beautifully maintained 3 bedroom, 2 full bath, ranch in desirable Sheridan Hills subdivision is perfection! Step in to the lovely living room, with its inviting bay window, letting in so much light & warmth to the already comfortable space! The three bedrooms all have generous sized closets (one with built ins) & a primary bedroom with updated full bath! The main bath is also updated & has beautiful ship lap. On to the large eat in kitchen, with two toned cabinetry, updated LVP flooring, RO water filtration, pantry, & sliders out to the fully fenced back yard. Speaking of the back yard, WOW!! Invite all of your friends and family over to celebrate, or just to relax! There's more than enough room for everyone on the poured concrete patio, large poured concrete fire pit area, or in the showcase of the back yard the very large above ground pool! Or, just walk on over to Lick Creek Golf Course, if that's your thing! If the weather doesn't cooperate, no worries! The lower level has a comfy family room where you'll chill and watch a movie, play games, or spend your time relaxing! The wainscot paneling and LVP flooring are just the right touch for this room! The lower level is also home to the office/craft room which has darling vinyl tile that matches the flooring in the laundry room! There's an attached one car garage w/extra storage space. This home offers a 14 month home warranty. Updates include, LVP flooring, paint, CTO of the roof in 2017, poured driveway & water heater.
38 Rainbow Dr, Pekin, IL 61554 is a 3 bedroom, 2 bathroom, 1,856 sqft single-family home built in 1968. It last sold for $175,000 on Jan 10, 2025 (1% above the $173,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $198,500, with a rent estimate of $1,674/month.
Last check for updates: about 7 hours ago
Listed by Dorothy Greene, (309) 251-4358
Gallery Homes Real Estate
Bought with: Jennifer Miller, The Royal Realty Company Illin
Originating MLS: Peoria Area Association of Realtors
Source: RMLS Alliance as distributed by MLS GRID, MLS#PA1254909
Based on information submitted to the MLS GRID as of 2026-09-10 02:22:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Home Details for 38 Rainbow Dr

Interior Features

Interior Details
Basement: Crawl Space,Daylight,Finished,PartialNumber of Rooms: 14Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Additional Level, Family Room, Kitchen, Laundry, Living Room, Lower Level, Main Level, Third Floor, Upper Level
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1856 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Dishwasher, Microwave, Range, Refrigerator, Water Purifier, Gas Water HeaterDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Window Treatments, Blinds

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Patio, PorchFoundation: Block
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Number Of Garage Remotes: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Attached,On Street,Paved
Pool
Pool: Above Ground
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Ranch
Building
Construction Materials: Frame, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 040436204005

Price & Status

Price
List Price: $173,000

Active Status

MLS Status: Sold

Location

Direction & Address
City: PekinCommunity: Sheridan Hills
School Information
High School: Pekin Community

Building

Building Area
Building Area: 1189 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Peoria Area Association of Realtors

Lot Information

Lot Area: 8712 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: PA1254909Attic: StorageAttribution Contact: Mobl: 309-251-4358

Price and Tax history

DateEventPrice
Jan 10, 2025
Source: RMLS Alliance as distributed by MLS GRID #PA1254909
Sold
$175,000
Dec 6, 2024
Source: RMLS Alliance as distributed by MLS GRID #PA1254909
Pending
$173,000
Dec 5, 2024
Source: RMLS Alliance as distributed by MLS GRID #PA1254909
Listed For Sale
$173,000
Nov 7, 2012
Source: RMLS Alliance as distributed by MLS GRID #PA1134996
Sold
$120,000

Market trends in Pekin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$141K
$12.67KMoM
Sale-to-List Price
101.4%
0.8%MoM
Price per sq ft
$95
$0MoM
Available listings
107
10MoM

Around this home

What Locals Say about Pekin

At least 188 Trulia users voted on each feature.

  • 89 % Say yards are well-kept

  • 88 % Say parking is easy

  • 86 % Say it's dog friendly

  • 85 % Say car is needed

  • 77 % Say kids play outside

  • 70 % Say there's holiday spirit

  • 64 % Say there are sidewalks

  • 62 % Say people would walk alone at night

  • 59 % Say it's quiet

  • 57 % Say neighbors are friendly

  • 57 % Say there's wildlife

  • 50 % Say they plan to stay for at least 5 years

  • 46 % Say streets are well-lit

  • 45 % Say it's walkable to grocery stores

  • 40 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tyler Hinspeter
    "Very nice Area, friendly neighbors, and easy to access local area. Easy access to Peoria and much safer"
    0
    Flag
  • Jaymie G.
    "Pekin is a nice town with some really nice neighborhoods to raise children in. neighbors know each other and look out for one another for the most part. The high school is unbelievable with programs like no other and I grew up in a big city. "
    4
    Flag
  • Benja.white
    "Sat night happy hours and community cleanups of the lake where everyone pitches in to pick out garbage and litter."
    3
    Flag
  • Tylerhitesman
    "the police department is a block away from the library and near the daycares. the streets are well maintained and crime is very minimum. "
    3
    Flag
  • Jaymie G.
    "friendly smaller town, an easy drive to Chicago or St Louis. a little closer to neighbors than I'd like but I love Pekin "
    1
    Flag
  • Rowanp10
    "good not far 1 mile to every thing stores parks pool and restaurants fast food gyms hotels bowling and the movies"
    3
    Flag
  • Mikedpruitt00
    "There are a lot of places to walk and lots of dogs in the area. Also there is a dog park where there are lots of dogs and there are a lot of vets and pet stores in town and most of the population has dogs or some kind of animals. Great place to live and walk and own dogs "
    2
    Flag
  • K-m
    "I have lived here most of my life and purchased a home on the same street I was raised on. Good neighborhood to raise my kid."
    0
    Flag
  • Ryanhanson0822
    "Safe environment for children, well maintained area, very quiet, clean, neighbors are nice, best of all near by grocery store "
    1
    Flag
  • Dawn L.
    "My neighborhood is a combination of people who rent and home owners. I don’t know many of my neighbors. We all keep to ourselves pretty much. "
    0
    Flag
  • Brandonsgirl81
    "I use my own truck and the roads are not kept up very well here in town. Other than that I think the commute is fine "
    1
    Flag
  • Brandonsgirl81
    "I drive myself. The roads are not maintained. There has been many complaints to the city but yet nothing has been done about it."
    1
    Flag
  • Dmemmons1
    "Children run loose and don’t watch for cars and one of these days somebody is going to get seriously hurt. "
    1
    Flag
  • Drupc09
    "the dog park, but there still needs to be more places for dogs. also, some festivals are not seemingly dog friendly."
    1
    Flag
  • Emmycooper880
    "I’ve lived around here all of my life, it’s so friendly and very quiet. I highly recommend this neighborhood."
    0
    Flag
  • JMA
    "the street is way too busy. too dangerous in case your pet gets out of your yard. neighborhood is not one that has a lot of people out and about during the daytime. "
    2
    Flag
  • Tracy Heine
    "We have lived on this street for over 20 years and raised our family here. We have experienced awesome neighbors that take care of each other, quiet cul-de-sac street, great views and park-like setting right from our deck with wildlife."
    0
    Flag
  • Josh B.
    "Neighbors are great, and there's a sense of community and safety. Everyone looks out for another. Quiet area and good for walking around. "
    3
    Flag
  • Tj.al.follis
    "It’s a very friendly and peaceful neighborhood and the elementary school and junior high are only a block away. Never had any problems with crime. "
    1
    Flag
  • Thatfisherguy0305
    "ita a great community as long as you are cllose with your kids. there is alot of drugs around here but if you and your children are good then you got nothong to worry about"
    1
    Flag
  • Lisa
    "Not a lot of people. I've been here forever so I know the people that are here. I haven't any neighbors around me at the moment."
    0
    Flag
  • Kwaremburg
    "It's quiet and respectful neighbors. I've lived here for about 3 years and I love the neighborhood. everyone is friendly and says hello when they see you"
    0
    Flag
  • Kim
    "Grew up here. Raised my kid here. Good neighborhood. Well built homes. Kids I grew up with also bought homes here. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 38 Rainbow Dr

  • What is 38 Rainbow Dr estimated to be worth?
    Trulia's estimated value for 38 Rainbow Dr in Pekin, IL is $198,500.
  • What is the price history for 38 Rainbow Dr?
    38 Rainbow Dr in Pekin, IL last sold for $175,000 in January 2025.
  • Is Pekin a buyer's or seller's market?
    Pekin is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Pekin?
    The median sale price in Pekin is $141K. That is up $12.67K from the prior month.
  • Does 38 Rainbow Dr have air conditioning?
    Yes, 38 Rainbow Dr in Pekin, IL has air conditioning.
  • Does 38 Rainbow Dr have a pool?
    Yes, 38 Rainbow Dr in Pekin, IL has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Air Conditioning

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