$280,000
$30K PRICE DROP

223 W Rainbow Dr Glenwood, IL 60425

Estimated payment $1,983/month

Total Views 9,306
3 Beds
2 Baths
1,500 Sq Ft
$187 Price per Sq Ft

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Laundry Room
  • Homewood-Flossmoor High School Rated A-
  • Living Room
  • Forced Air Heating System

About This Home

This 3 bedroom and 2 baths is absolutely everything! Spacious and move in ready. Gorgeous kitchen has stainless steel appliances, granite counter tops! A great layout for entertaining. Also has a huge family room with a full bathroom in lower level. Just pack up because this is move in ready for you! Sale As-is. Giving $3000 towards closing cost.

Listing Agent

Airreca Weaver

Coldwell Banker Real Estate Group License #475201772 Listed on: 05/06/2025

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,405

Year Built

  • Built in 1962

Lot Details

  • 6,991 Sq Ft Lot
  • Lot Dimensions are 60 x 123

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,405

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher
  • Basement: Finished, Partial, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1321
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 280000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 153

Lot Info

  • Lot Size Acres: 0.1605
  • Lot Dimensions: 60 X 123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5405
  • Tax Year: 2022
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,309 $22,000 $3,846 $18,154
2023 $5,405 $22,000 $3,846 $18,154
2022 $5,405 $12,555 $3,322 $9,233
2021 $5,445 $12,554 $3,321 $9,233
2020 $5,568 $12,554 $3,321 $9,233
2019 $6,248 $13,580 $2,972 $10,608
2018 $5,959 $13,580 $2,972 $10,608
2017 $7,965 $13,580 $2,972 $10,608
2016 $6,748 $11,446 $2,622 $8,824
2015 $6,506 $11,446 $2,622 $8,824
2014 $4,767 $12,971 $2,622 $10,349
2013 $4,243 $12,975 $2,622 $10,353
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $280,000 -1.8% $187 / Sq Ft
08/01/2025 08/01/25 For Sale $285,000 0.0% $190 / Sq Ft
07/20/2025 07/20/25 Pending -- -- --
07/03/2025 07/03/25 Price Changed $285,000 -1.7% $190 / Sq Ft
06/11/2025 06/11/25 Price Changed $290,000 -1.7% $193 / Sq Ft
06/06/2025 06/06/25 Price Changed $295,000 -1.7% $197 / Sq Ft
05/27/2025 05/27/25 Price Changed $299,999 -1.6% $200 / Sq Ft
05/12/2025 05/12/25 Price Changed $304,999 -1.7% $203 / Sq Ft
05/06/2025 05/06/25 For Sale $310,400 +152.4% $207 / Sq Ft
03/01/2016 03/01/16 Sold $123,000 -0.7% $82 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $123,900 0.0% $83 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $123,900 +0.7% $83 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/27/2015 09/27/15 Off Market $123,000 -- --
09/23/2015 09/23/15 For Sale $123,900 0.0% $83 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $123,900 -- $83 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $123,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,772 FHA
Source: Public Records

Similar Homes in the area

  • 251 N Pleasant Dr, Glenwood, IL 60425

    $331,000

    • 3 Beds
    • 1.5 Baths
    • 1,400 Sq Ft
    • 251 N Pleasant Dr
    • Glenwood, IL

    High-end multi level home featuring futuristic total remodel to include open walls & flowing living space! new kitchen with Upscale appliances! Newly done hardwood floors! New baths! Quality Executive style home incorporating living designed for modern style activities! Gorgeous curb appeal! A must see for your discerning & picky buyers! Spacious rms compatable with the unique floor plan!

    Jan Searcy Jan J. Searcy

    Section Image
  • 240 N Park Dr, Glenwood, IL 60425

    $214,900

    • 3 Beds
    • 2 Baths
    • 1,088 Sq Ft
    • 240 N Park Dr
    • Glenwood, IL

    Welcome home to this Glenwood gem featuring an island, granite countertops, stainless steel appliances, and hardwood floors throughout. Enjoy a full finished basement perfect for relaxing or entertaining. The exterior offers a generous yard, and 2.5-car garage. Excellent location near parks, shopping, and expressways and in the highly coveted Homewood Flossmoor High School district. Schedule your

    Jennifer Simmons Coldwell Banker Realty

    Section Image
  • 817 W Strieff Ln, Glenwood, IL 60425

    $210,000

    • 3 Beds
    • 1.5 Baths
    • 1,118 Sq Ft
    • 817 W Strieff Ln
    • Glenwood, IL

    This clean and beautifully cared-for 3-bedroom, 1.5-bath ranch home is perfectly nestled in the desirable Homewood-Flossmoor High School District. A welcoming covered front porch invites you inside, where you'll find a sun-filled living room with hardwood floors and track lighting. The kitchen comes fully equipped with all appliances and flows into the dining room featuring wood laminate

    Kimberly Wirtz Wirtz Real Estate Group Inc.

    Section Image
  • 900 W Strieff Ln, Glenwood, IL 60425

    $267,000

    • 3 Beds
    • 1.5 Baths
    • 1,269 Sq Ft
    • 900 W Strieff Ln
    • Glenwood, IL

    Welcome to this 3-bedroom, 1.5-bathrooms split-level home in the Glenwood neighborhood. Step inside to a cozy living room featuring plush carpet, neutral walls, and natural light streaming through multiple windows with blinds. The open-concept layout flows into a tile-floored kitchen with dark wood cabinetry and a full suite of black appliances, including a stove, refrigerator, microwave, and

    Michael Scanlon eXp Realty

    Section Image
  • 412 N Longwood Dr, Glenwood, IL 60425

    $330,000

    • 3 Beds
    • 2 Baths
    • 1,534 Sq Ft
    • 412 N Longwood Dr
    • Glenwood, IL

    This beautifully updated and meticulously maintained 3-bedroom, 2-bath ranch is truly move-in ready. From the moment you arrive, the new concrete driveway and sidewalk, fresh landscaping, and inviting covered front porch set the tone for the care and quality throughout the home. Step inside to discover gleaming hardwood floors and a stunning, modern kitchen featuring a new sink, garbage disposal,

    Michelle Kurtz eXp Realty

    Section Image
  • 214 N Gay Ct, Glenwood, IL 60425

    $294,700

    • 3 Beds
    • 2 Baths
    • 1,088 Sq Ft
    • 214 N Gay Ct
    • Glenwood, IL

    This beautifully updated home is ready for its new owners and is situated in the highly sought-after Homewood-Flossmoor school district! The gorgeous new kitchen features quartz countertops, white shaker cabinets, and stainless steel appliances. Enjoy all-new flooring, with warm refinished hardwood, luxury vinyl plank, and fresh carpet throughout. The interior boasts new paint, fixtures, and

    Neil Gates Chase Real Estate LLC

    Section Image
  • 436 N Pleasant Dr, Glenwood, IL 60425

    $222,000

    • 4 Beds
    • 2 Baths
    • 1,690 Sq Ft
    • 436 N Pleasant Dr
    • Glenwood, IL

    Welcome to this beautifully maintained ranch-style home offering 1,700 sq ft on the main floor alone-a rare find in Glenwood! With 4 spacious bedrooms all on the main level, this home delivers an ideal floorplan for comfortable everyday living and effortless entertaining. Step into an expansive open-concept layout featuring a seamless flow between the kitchen, dining area, and family room. Then,

    Michael Scanlon eXp Realty

    Section Image
  • 1022 W Ohio St, Glenwood, IL 60425

    $289,000

    • 4 Beds
    • 2.5 Baths
    • 2,122 Sq Ft
    • 1022 W Ohio St
    • Glenwood, IL

    GLENWOOD ESTATES - HOMEWOOD/FLOSSMOOR SCHOOLS - SCREEN PORCH - FENCED IN YARD - First time to market, original owners lovingly maintained this 4 bedroom 2.5 bath split level (plus sub basement), in the highly rated H/F school district. There's plenty of room to entertain both inside & out, on this spacious corner lot with a beautiful FENCED IN YARD & huge screen porch. Open concept living

    Cara Dulaitis Re/Max 10

    Section Image
  • 851 187th St, Homewood, IL 60430

    $340,000

    • 4 Beds
    • 2.5 Baths
    • 2,379 Sq Ft
    • 851 187th St
    • Homewood, IL

    Welcome to your dream home! From the moment you step inside this beautifully maintained 4-bedroom, 2.5-bath residence, you'll be captivated by its charm, warmth, and thoughtful design. A cozy living room just off the foyer features a fireplace, perfect for quiet evenings. The spacious kitchen offers abundant cabinetry, a casual dining area, and flows seamlessly into the formal dining room-ideal

    Michelle Kurtz eXp Realty

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12276037

Midwest Real Estate Data (MRED)

APN: 32-04-102-039-0000