5 Rainbow Ct, Urbana, IL 61802
Property image
Property image
OFF MARKET

5 Rainbow Ct
Urbana, IL 61802

  • 3 Beds
  • 2 Baths
  • 1,840 sqft

$207,500

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $1,493/mo*
Refinance Your Home

$207,500

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $1,493/mo*
Refinance Your Home
3 Beds
2 Baths
1,840 sqft

Local Information

  • Map ViewExplore the area around 5 Rainbow Ct.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 5 Rainbow Ct, Urbana, IL. 5 Rainbow Ct is in Urbana, IL and in ZIP code 61802. This property has 3 bedrooms, 2 bathrooms and approximately 1,840 sqft of floor space. This property has a lot size of 7841 sqft and was built in 1962.
5 Rainbow Ct, Urbana, IL 61802 is a 3 bedroom, 2 bathroom, 1,840 sqft single-family home built in 1962. It last sold for $130,000 on Jul 23, 2020. It is currently off market. The Trulia Estimate is $207,500, with a rent estimate of $1,845/month.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 5 Rainbow Ct

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
DishwasherDryerMicrowaveWasher
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood, Laminate

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherDeckExterior: VinylPatioPorch
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7840 sqft

Price History for 5 Rainbow Ct

DatePriceEventSource
07/23/2020$130,000Sold
MRED as distributed by MLS GRID #10739375
06/14/2020$124,000PendingAgent Provided
06/08/2020$124,000Listed For SaleAgent Provided
12/07/2017$115,500Sold
MRED as distributed by MLS GRID #09728949
11/01/2017$128,400PendingAgent Provided
10/23/2017$128,400PriceChange
Agent Provided
09/28/2017$128,900PriceChange
Agent Provided
08/22/2017$129,900Listed For SaleAgent Provided
03/25/2011$110,000Sold
N/A
04/24/2010$127,900Listed For SaleAgent Provided

Market trends in Urbana

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$201K
$12.17KMoM
Sale-to-List Price
98.2%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
123
19MoM
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Property Tax and Assessment

Year2024
Tax$3,957
Assessment$133,080
Home facts updated by county records

Comparable Sales for 5 Rainbow Ct

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2002 E Country Squire Dr, Urbana, IL
0.06
Single-Family Home
$82,500
02/25/26
3
2
1,665
903 S Rainbow Vw, Urbana, IL
0.14
Single-Family Home
$152,500
12/10/25
4
1.5
1,440
1005 S Country Squire Dr, Urbana, IL
0.14
Single-Family Home
$172,000
05/11/26
3
2
1,158
1905 Easy St, Urbana, IL
0.08
Single-Family Home
$210,000
07/11/25
4
2
1,334
1105 S Kinch St, Urbana, IL
0.09
Single-Family Home
$210,000
03/10/26
3
2.5
1,470
2006 E Michigan Ave, Urbana, IL
0.11
Single-Family Home
$165,000
02/10/26
4
1.5
1,193
2210 E Michigan Ave, Urbana, IL
0.27
Single-Family Home
$210,000
09/10/25
3
2
1,560
2301 E Rainbow Vw, Urbana, IL
0.28
Single-Family Home
$125,000
06/09/26
3
1.5
960
1510 Rutledge Dr, Urbana, IL
0.23
Single-Family Home
$195,000
09/02/25
4
2
1,695
2105 E Pennsylvania Ave, Urbana, IL
0.24
Single-Family Home
$229,000
12/12/25
3
2
1,244

Nearby homes

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Assigned Schools

These are the assigned schools for 5 Rainbow Ct.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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
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  • 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

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 5 Rainbow Ct

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Off Market Homes Near 5 Rainbow Ct

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