401 Rainbow Dr, Dundee, IL 60118
Property image
Property image
OFF MARKET

401 Rainbow Dr
Dundee, IL 60118

  • 3 Beds
  • 3 Baths
  • 2,800 sqft

$542,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,831/mo*
Refinance Your Home

$542,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,831/mo*
Refinance Your Home
3 Beds
3 Baths
2,800 sqft

Home Value

Trulia Estimate
$543K
Since last month
Increased$31K (+6.1%)
Since last year
Increased$49K (+9.9%)
Since last sale
Increased$143K (+35.7%)
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 +93% in the last 10 years
MonthEstimated value
2026
August 2026$543K
July 2026$511K
June 2026$540K
May 2026$531K
April 2026$530K
March 2026$485K
February 2026$517K
January 2026$497K
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
937 Willow Ln, Dundee, IL
0.21
Single-Family Home
$515,000
11/05/25
4
3
2,535
412 Rainbow Dr, Dundee, IL
0.08
Single-Family Home
$470,000
05/08/26
3
2
2,166
1715 W Main St, Dundee, IL
0.33
Single-Family Home
$335,000
03/14/26
4
2.5
2,398
104 Thorobred Ln, Sleepy Hollow, IL
0.04
Single-Family Home
$210,000
01/30/26
3
2
1,605
1040 Beau Brummel Dr, Sleepy Hollow, IL
0.59
Single-Family Home
$400,000
06/18/26
3
3
3,376
900 Holly Ct, Sleepy Hollow, IL
0.41
Single-Family Home
$475,000
10/27/25
4
2.5
2,610
929 Willow Ln, Dundee, IL
0.28
Single-Family Home
$350,000
11/24/25
4
2
2,200
915 Willow Ln, Dundee, IL
0.43
Single-Family Home
$420,000
05/08/26
3
2
1,808
1214 Carol Crest Dr, Dundee, IL
0.51
Single-Family Home
$450,000
10/30/25
4
2.5
2,234
1214 Jill Peak Dr, Dundee, IL
0.55
Single-Family Home
$440,000
06/12/26
4
2.5
2,004

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
104 Thorobred Ln, Sleepy Hollow, IL 60118
0.04
$210,000
3
2
1,605
Recently Sold
412 Rainbow Dr, Dundee, IL 60118
0.08
$470,000
3
2
2,166
Recently Sold
708 Hillcrest Dr, Dundee, IL 60118
0.13
$498,100
4
2.5
2,501
Off Market
233 Sharon Dr, Dundee, IL 60118
0.19
$616,500
4
3
3,209
Off Market
1714 Myrna Ct, Dundee, IL 60118
0.19
$415,000
4
2
1,705
Off Market
937 Willow Ln, Dundee, IL 60118
0.21
$515,000
4
3
2,535
Recently Sold
222 Sharon Dr, Dundee, IL 60118
0.25
$411,100
3
2
1,932
Off Market
932 Willow Ln, Dundee, IL 60118
0.23
$474,300
3
3
2,252
Off Market
205 Sharon Dr, Dundee, IL 60118
0.27
$439,000
4
2
2,013
For Sale
1707 Hickory Dr, Dundee, IL 60118
0.27
$462,000
3
3
1,768
Off Market
Address Not Disclosed, Dundee, IL 60118
0.28
$350,000
4
2
2,200
Recently Sold
400 Jaclay Ct, Sleepy Hollow, IL 60118
0.32
$489,900
5
4
3,052
Off Market

Local Information

  • Map ViewExplore the area around 401 Rainbow Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Living Area
2,800 sqft
Price/Sqft
$194

About this House

Nestled on a gorgeous 1/2 acre corner lot this custom-built ALL BRICK ranch home is stunning! Dramatic marble entry with pillars to the huge Great Rm w/cath. ceil., elegant hardwd flrs, & FP. Gourmet kit w/island, doub-oven, BI cooktp, & eating area. Breathtaking formal din rm w/cath. ceil. & lighted crown. Lrg Mstr & lux ba w/sep lrg shower, jacuzzi, sep. sink/vanities. Main-fl utility rm, fam rm & bath in upper lev
401 Rainbow Dr, Dundee, IL 60118 is a 3 bedroom, 3 bathroom, 2,800 sqft single-family home built in 1996. It last sold for $400,000 on Dec 27, 2022. It is currently off market. The Trulia Estimate is $542,600, with a rent estimate of $3,065/month.

Home Details for 401 Rainbow Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Price and Tax history

DateEventPrice
Dec 27, 2022
Source: MRED as distributed by MLS GRID #11663456
Sold
$400,000
Nov 2, 2022
Source: MRED as distributed by MLS GRID #11663456
Contingent
$400,000
Oct 30, 2022
Source: MRED as distributed by MLS GRID #11663456
Listed For Sale
$400,000
Jun 29, 2010
Source: MRED as distributed by MLS GRID #07500309
Sold
$300,000
Apr 17, 2010
Source: Agent Provided
Listed For Sale
$335,000

Market trends in Sleepy Hollow

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
1MoM

Around this home

What Locals Say about Sleepy Hollow

At least 16 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say it's dog friendly

  • 95 % Say yards are well-kept

  • 89 % Say people would walk alone at night

  • 82 % Say parking is easy

  • 78 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 71 % Say there's wildlife

  • 71 % Say it's quiet

  • 53 % Say they plan to stay for at least 5 years

  • 53 % Say there are community events

  • 50 % Say it's walkable to restaurants

  • 50 % Say neighbors are friendly

  • 40 % Say streets are well-lit

  • 33 % Say it's walkable to grocery stores

  • 31 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • long time residents
    "The community has great parks and open land for children and families to play. It’s a safe and friendly neighborhood. There are several organized annual community events throughout the year that are lots of fun for all. "
    2
    Flag
  • WDUNDEEGOLD
    "Well built and well maintained homes. Very friendly neighbors. Lots of churches. Excellent local government and diverse tax base to keep local taxes lower. Excellent AP teachers and classes at the high school."
    0
    Flag
  • Kathy Combs
    "Lived in West Dundee for a few years. Nice quiet town. Lots of restaurants and activities. Close to Shopping on Randall Rd."
    0
    Flag
  • Maryjoegymnastics
    "Lots of good walking roads and big yards Big yards and a dog park in the neighborhood Big park down by village hall to run your dogs"
    0
    Flag
  • Artichokechick70
    "Wonderful, quiet neighborhood. Full of mature trees and established homes. Great place to raise a family and be a part of a true community. Short distance to I-90, downtown Dundee, downtown Elgin, post-office, bank and shopping. Close walking distance to community pool and Sabatino Park. Enjoy community events with the whole family brought to you by the Village of Sleepy Hollow."
    0
    Flag
  • Runner22
    "Sleepy Hollow is an amazing community. Great reasons to live here: Neighborhood Pool and Parks with walking paths. Nature everywhere you turn (it is common to see deer in your backyard), Friendly neighbors. Community Fun. Santa visits on his sleigh, Oct. Bonfire - yes, the Headless Horseman still rides (even a rib cook-off), July brings a Fishing derby, parade, pie-eating contest, and the Fox Valley's best FireWorks display. Great Schools with a safe neighborhood. Not enough can be said! Did I mention the snowplowing ..attention to detail is amazing!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 401 Rainbow Dr

  • What is 401 Rainbow Dr estimated to be worth?
    Trulia's estimated value for 401 Rainbow Dr in Dundee, IL is $542,600.
  • What is the price history for 401 Rainbow Dr?
    401 Rainbow Dr in Dundee, IL last sold for $400,000 in December 2022.
  • Is Dundee a buyer's or seller's market?
    Dundee is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Dundee?
    Residents describe Dundee, IL as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Dundee, IL.
  • How big is the lot at 401 Rainbow Dr?
    The lot at 401 Rainbow Dr in Dundee, IL is about 0.54 acres (23,522 sq ft).

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Off Market Homes Near 401 Rainbow Dr

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