1940 E Rainbow Ln, Crete, IL 60417 Property Records

Will County property record for 1940 E Rainbow Ln, Crete, IL 60417

Property Summary

Property Type	Residential Vacant Land
Lot Size	2.03 acres (88,427 sqft)
Owner	Individual Name on Record
Last Sale	$19,750 (Apr 2021)
Tax Bill	$1,440 (2025)
Deeds & Mortgages	Apr 2021 Sale Apr 2020 Sale
Flood Zone	Zone X (minimal risk)
APN	`23-15-24-101-007`

Property Details

APN / Parcel Number

Primary APN	`23-15-24-101-007`
Alternative APN	`15241010070000`

Exterior

Lot Area	88,427 sqft (2.03 acres)

Location & Zoning

Street Address	1940 E RAINBOW LN
City	CRETE
State	IL
Zip	60417-4111
Property Category	Residential
Property Type	Vacant Land > Residential
Legal Description	LOT 1 IN KIMBERLY ESTATES, A SUB IN THE E1/2 OF THE NW1/4 OF SEC 24, T34N-R14E.
Legal Range	14E
Legal Township	34N
Legal Section	24
Legal Subdivision	KIMBERLY ESTATE
Legal Lot Number	1
Jurisdiction	WILL IL
Township / Civil Division	CRETE
Census Block Group	2
Census Block	2003
Census Tract	883808

Owner

Source: Will County records, as of August 24, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	1914 E RAINBOW LN, CRETE, IL 60417-4111
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Apr 7, 2021	Quit Claim Deed, Transfer Quitclaim
Apr 14, 2020	Quit Claim Deed, Transfer MILLENNIUM TITLE GROUP, MILLENNIUM TITLE GRP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 7, 2021 · Amount on Record
Deed Sale	Apr 7, 2021 · Amount on Record
Prior Sale	Apr 14, 2020 · Amount on Record
Deed Document Number	202139346
Prior Transfer Date	Feb 12, 2021
Prior Transfer Doc	0000039346
Record Updated	Oct 29, 2026

April 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	WILL IL
Recording Date	Apr 7, 2021
Property Address	1940 E RAINBOW LN, CRETE, IL 60417-4111
Document Number	0000039346
Map Reference	DOC R68-002271
Instrument Date	Feb 12, 2021
Instrument	R2021039346
Transaction Type	Transfer
Record Updated	Nov 4, 2021

Transaction

Amount	Amount Recorded
Tax	$20.00
Amount Accuracy	Rounded by County
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1914 E RAINBOW LN, CRETE, IL 60417-4111

April 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	WILL IL
Recording Date	Apr 14, 2020
Property Address	1940 E RAINBOW LN, CRETE, IL 60417-4111
Document Number	0000027531
Instrument Date	Mar 19, 2020
Instrument	27531
Transaction Type	Transfer
Record Updated	May 7, 2020
Title Company	MILLENNIUM TITLE GROUP, MILLENNIUM TITLE GRP

Transaction

Amount	Amount Recorded
Tax	$29.00
Amount Accuracy	Confirmed
Additional	Quitclaim Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	8348 HERON LAKE RD ST JOHN IN 463739772, ST JOHN, IN 46373-9772

Tax Assessment & Valuation

Source: Will County assessment roll, as of August 24, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Will County
County Subdivision	Crete Township
Unified School District	Crete-Monee Community Unit School District 201-U (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,440.00 (+70.41%)	$15,435 (+5.5%) Land $15,435	$46,305 (+5.5%) Land $46,305
2024		$14,630 (+86.32%) Land $14,630	$43,890 (+86.32%) Land $43,890
2022	$845.00	$7,852 Land $7,852	$23,556 Land $23,556

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 62% of the US · above 99.5% of Illinois
Wildfire Likelihood	0.05% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 21 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Bertram Communications.

Nearby Properties on E Rainbow Ln

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures