2 Rainbow Cir, Bloomington, IL 61704 Property Records

McLean County property record for 2 Rainbow Cir, Bloomington, IL 61704 · Last verified April 2026

Property Summary

Property Type	Commercial Vacant Land
Details	2 bd · 29,056 sqft · built 1995
Lot Size	0.703 acres (30,616 sqft)
Owner	Company Name on File
Last Sale	$3,838,000 (Jan 2015)
Tax Bill	$28,138 (2024)
Flood Zone	Zone X (minimal risk)
APN	`14-35-251-021`

Property Details

APN / Parcel Number

Primary APN	`14-35-251-021`
Alternative APN	`14-35-251-029`

Interior

Bedrooms	2 Beds
Units	36 Units
Stories	3 Stories
Building Area	29,056 sqft Gross Area
1st Floor Area	7,264 sqft
Basement Area	7,264 sqft
Finished Basement	7,264 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1995
Effective Year Built	Effective 1995
Exterior Material	Aluminum/Vinyl
Construction Type	Wood
Roof Material	Composition Shingle
Lot Area	30,616 sqft (0.703 acres)
Lot Dimensions	159 ft deep x 99 ft wide
View / Lot	Lake Front
Garage Type	Basement

Utilities, Heating & Cooling

Cooling System	A/C Chilled Water
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Old Parcel Number	1435251021
Street Address	2 RAINBOW CIR
City	BLOOMINGTON
State	IL
Zip	61704-6403
Property Category	Commercial
Property Type	Vacant Land > Commercial
Legal Description	LAKEWOOD ESTATES 7TH ADD LOT 11
Legal Range	02E
Legal Township	24N
Legal Section	35
Legal Subdivision	LAKEWOOD ESTATES
Legal Lot Number	11
Jurisdiction	MCLEAN IL

Owner

Source: McLean County records · APN 14-35-251-021

Assessment roll updated April 8, 2026 · Last verified April 2026

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

Owner of Record	Company Name on File
Mailing Address	311 S MAIN ST, NORMAL, IL 61761-2968
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 08, 2015 · Amount on Record
Deed Sale	Jan 08, 2015 · Amount on Record
Deed Document Number	2015379
Record Updated	Jun 08, 2026

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 2026

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Bloomington City
County	McLean County
County Subdivision	Bloomington City Township
Unified School District	Bloomington School District 87 (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$365,533 (+39.62%) Land $55,122 Building $310,411	$1,096,599 (+39.62%) Land $165,366 Building $931,233
2024	$28,138.00 (+30.44%)
2022		$261,804 Land $39,480 Building $222,324	$785,412 Land $118,440 Building $666,972
2019	$21,571.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, McLean County (17113C), updated June 27, 2019 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 150 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Metronet Holdings	Fiber	5,120 / 5,120
Xfinity	Cable	2,000 / 250
Verizon	Fixed Wireless	300 / 20
T-Mobile USA	Fixed Wireless	100 / 20
AT&T	Fixed Wireless	100 / 20

May also be available at this address: Benton Ridge Telephone Company, Pavlov Media. Availability varies by address; speeds are provider-advertised maximums, not measured.