4 Rainbow Ct, Urbana, IL 61802
Bedroom 3
Property image
OFF MARKET

$183,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,307 sqft

4 Rainbow Ct, Urbana, IL 61802

Est. Refi. Payment $1,351/mo*
Refinance Your Home
Currently Off Market - Sold Jul 9, 2021 for $117,500

Home Value

Trulia Estimate
$183K
Since last month
Increased$800 (+0.4%)
Since last year
Increased$8K (+4.6%)
Since last sale
Increased$66K (+55.7%)
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 +113% in the last 10 years
MonthEstimated value
2026
August 2026$183K
July 2026$182K
June 2026$182K
May 2026$181K
April 2026$178K
March 2026$175K
February 2026$170K
January 2026$169K
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
903 S Rainbow Vw, Urbana, IL
0.13
Single-Family Home
$152,500
12/10/25
4
1.5
1,440
2006 E Michigan Ave, Urbana, IL
0.12
Single-Family Home
$165,000
02/10/26
4
1.5
1,193
1616 Hunter St, Urbana, IL
0.19
Single-Family Home
$127,000
08/07/26
4
2
1,585
2002 E Country Squire Dr, Urbana, IL
0.07
Single-Family Home
$82,500
02/25/26
3
2
1,665
1005 S Country Squire Dr, Urbana, IL
0.13
Single-Family Home
$172,000
05/11/26
3
2
1,158
1510 Rutledge Dr, Urbana, IL
0.24
Single-Family Home
$195,000
09/02/25
4
2
1,695
2301 E Rainbow Vw, Urbana, IL
0.29
Single-Family Home
$125,000
06/09/26
3
1.5
960
1105 S Kinch St, Urbana, IL
0.09
Single-Family Home
$210,000
03/10/26
3
2.5
1,470
1107 S Country Squire Dr, Urbana, IL
0.13
Single-Family Home
$69,900
07/17/26
3
2
1,611
1514 Lincolnwood Dr, Urbana, IL
0.28
Single-Family Home
$110,000
10/02/25
4
1
1,421

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
1907 Weaver St, Urbana, IL 61802
0.02
$182,000
4
1.5
1,321
Recently Sold
1108 Rainbow Vw, Urbana, IL 61802
0.04
$155,800
3
1
1,128
Off Market
S, Urbana, IL 61802
0.04
$158,000
3
1
963
Off Market
1905 Easy St, Urbana, IL 61802
0.07
$213,900
4
2
1,334
Off Market
#1, Urbana, IL 61802
0.07
$218,200
3
2
1,426
Off Market
1903 E Easy St, Urbana, IL 61802
0.08
$183,100
3
1
1,160
Off Market
1007 Rainbow Vw, Urbana, IL 61802
0.08
$140,000
3
1
1,133
Recently Sold
1002 S Rainbow Vw, Urbana, IL 61802
0.09
$160,700
3
1
1,142
Off Market
1803 E Hunter St, Urbana, IL 61802
0.08
$205,600
3
1.5
1,520
Off Market
1905 Rainbow Vw, Urbana, IL 61802
0.06
$100,000
3
1
961
Recently Sold
2001 Easy St, Urbana, IL 61802
0.08
$162,300
3
1
1,050
Off Market
Address Not Disclosed, Urbana, IL 61802
0.11
$173,600
3
2
1,075
Off Market

Local Information

  • Map ViewExplore the area around 4 Rainbow Ct.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1968
Living Area
1,307 sqft
Price/Sqft
$140
Parking
Garage

About this House

Brand new carpet, house has been deep cleaned and yard has been cleaned up, super cute and ready to move right into, 4BR/2BA/1Car Ranch on cul-de-sac. Completely remodeled in 2009: kitchen, both full bathrooms, windows, furnace, a/c, water heater and roof! Kitchen has a nice window overlooking the backyard. Full Master Suite offers full bathroom and 2 closets, with private access to oversized back patio. Conveniently located near shopping, bus lines and schools.
4 Rainbow Ct, Urbana, IL 61802 is a 4 bedroom, 2 bathroom, 1,307 sqft single-family home built in 1968. It last sold for $117,500 on Jul 9, 2021. More recently, it was listed as a rental in February 2018 with an asking price of $1,200 per month. That rental listing was removed on February 22, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $183,000, with a rent estimate of $1,898/month.

Home Details for 4 Rainbow Ct

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Laundry Room
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6969 sqft

Price and Tax history

DateEventPrice
Jul 9, 2021
Source: N/A
Sold
$117,500
Jul 7, 2018
Source: Agent Provided
ListingRemoved
$104,900
Jun 21, 2018
Source: Agent Provided
PriceChange
$104,900
Price decreased by 3%
May 24, 2018
Source: Agent Provided
PriceChange
$108,000
Price increased by 8,900%
Feb 22, 2018
Source: Agent Provided
ListingRemoved
$1,200

Market trends in Urbana

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$205K
$3.33KMoM
Sale-to-List Price
99.3%
0.8%MoM
Price per sq ft
$152
$5MoM
Available listings
110
13MoM

Around this home

What Locals Say about Urbana

At least 220 Trulia users voted on each feature.

  • 88 % Say parking is easy

  • 83 % Say it's dog friendly

  • 75 % Say there are sidewalks

  • 72 % Say car is needed

  • 69 % Say yards are well-kept

  • 65 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 58 % Say it's walkable to grocery stores

  • 55 % Say it's walkable to restaurants

  • 54 % Say people would walk alone at night

  • 51 % Say there's wildlife

  • 51 % Say it's quiet

  • 49 % Say neighbors are friendly

  • 48 % Say streets are well-lit

  • 43 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mrsec46
    "Everyone is pretty much good people in my neighborhood and we have a good mix of all nationalities "
    0
    Flag
  • Brianna wells
    "Block party’s for the community at the local park. Neighbor will go around and cut long time living home owners yards for them."
    0
    Flag
  • Mrsec46
    "I’ve lived here in this area about 35 years with 5 being here presently in Urbana. This area has predominantly home owners and families. The neighbors are very nice and friendly "
    0
    Flag
  • Jl.jackson1005
    "My commute is often comprised of use of I74. My proximity to the highway makes for ease of use and access to all amenities."
    0
    Flag
  • Keriana Robinson
    "I don’t know what they would want get them something fun for them add some treats in the dog park or anything "
    1
    Flag
  • Laurj
    "We have Occasional block parties, neighborhood holiday party, and we participate in the neighborhood watch group for our city. Each year the police send out a representative to meet with us and give us relevant tips for safety."
    2
    Flag
  • Laurj
    "Our little area is a mix of retirees, empty nesters and young families. People are friendly. We have a neighborhood watch group in place. Children could walk to schools."
    3
    Flag
  • Laurj
    "Neighborhood has easy access to bus services and is within walking distances for schools. Most people do rely on their cars for transportation though."
    0
    Flag
  • Laurj
    "Neighborhood has been changing from older families to younger families with children. Safe area for children to play outside."
    0
    Flag
  • Kristinakblack
    "Nice sidewalks for walking dogs. Nice streetlamps for walking at night. fairly quiet neighborhood. Park nearby with nice trees."
    4
    Flag
  • Mack
    "Very simple. I walk and bike most places. The city needs an upgrade. Some areas have had attention. It feels like the city government should give incentive to people to clean up yards and refurbish houses. Painting programs and community garbage hauling days would be a good start. "
    0
    Flag
  • Kristen
    "There is easy access to public transportation. I drive a vehicle but am also within walkable distance to nearby shops. "
    0
    Flag
  • Cgaddis70
    "Greta! An quiet community . Friendly neighborhood and very little crime . I enjoy living in Urbana !"
    5
    Flag
  • Grhues
    "The email list serve is full of helpful neighborly advice, free plants and good discussions about neighborhood issues. The area trends liberal which I love. "
    0
    Flag
  • Kristinakblack
    "Fairly Quiet area. Lots of people walking their dogs or walking with children riding bikes or pulled in wagons. Park with playground equipment only 3 or 4 blocks away. "
    4
    Flag
  • Dominick W.
    "I drive but Urbana has a great bus system there are the new bikes you pay to ride everywhere in the community Lyft and Uber is Pretty safe here that’s taken over the cab companies out of business because their considered safer and quicker "
    0
    Flag
  • Pamela H.
    "It’s great!!! It’s quiet and there aren’t a lot of people that hang around outside. I can go outside at any time and walk my dog. "
    2
    Flag
  • Kimberly C.
    "there are some wonderful parks here and lots of big beautiful tress that shade the streets, a wonderful library, and a community pool"
    1
    Flag
  • Leekzulu
    "I live less than a mile from my job. I chose to walk however the bus stop is less than 100ft from my front door. "
    0
    Flag
  • Cubschick39
    "It's a quiet neighborhood, great for walking, running, riding bikes. People wave at you when they see you out even if they dont know you. Families and retired people mostly in the community."
    3
    Flag
  • Kdixon1391@yahoo.com
    "Close to a big box store, drug stores, gas stations, but relatively quiet, our street is not busy. Also, well established neighborhood. Not very transient."
    0
    Flag
  • Roseanna B.
    "Lots of parks and nice pathways for dog walking. Very dog active community. "
    0
    Flag
  • K.a3e.garris
    "Dogs and or any pets are not welcome in my direct community unless they are service animals. But there is a dog park less than a mile away for those living in neighborhoods in surrounding areas."
    1
    Flag
  • Jordanducey1129
    "Pretty quiet for the most part. I like all the mature trees and the dog park is just down the road. The park and pool are also within Walking distance."
    0
    Flag
  • Jordanducey1129
    "There is a dog park down the road from where I live and there are very friendly dog owners. It seems like everyone has a dog! This is a very dog-friendly community."
    1
    Flag
  • Renewahl20
    "Good neighborhood for riding bikes. Lots of trees. Buses pick up children to go to school. Neighborhood watch. "
    0
    Flag
  • Jl j.
    "I have lived here for five years and the neighborhood is above average. There are some contingencies I could do without but it’s ok"
    0
    Flag
  • Candace P.
    "There is nothing unique about this neighborhood. I don't really like it. my neighbors are too loud. "
    1
    Flag
  • Jenny F.
    "It’s large mature trees, parks, schools and a laid back vibe, I feel safe walking during the day or night. "
    0
    Flag
  • Jenny F.
    "I’ve lived in Urbana for 40 years and this neighborhood is safe and very kid friendly. Close to stores and gas stations."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4 Rainbow Ct

  • What is 4 Rainbow Ct estimated to be worth?
    Trulia's estimated value for 4 Rainbow Ct in Urbana, IL is $183,000.
  • What is the price history for 4 Rainbow Ct?
    4 Rainbow Ct in Urbana, IL last sold for $117,500 in July 2021.
  • Is Urbana a buyer's or seller's market?
    Urbana is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Urbana?
    The median sale price in Urbana is $205K. That is up $3.33K from the prior month.
  • Does 4 Rainbow Ct have air conditioning?
    Yes, 4 Rainbow Ct in Urbana, IL has air conditioning.
  • Does 4 Rainbow Ct have laundry facilities?
    Yes, 4 Rainbow Ct in Urbana, IL has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Pool

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