2102 Rainbow Ave, Bloomington, IL 61704 Property Records

McLean County property record for 2102 Rainbow Ave, Bloomington, IL 61704

Property Summary

Property Type	Commercial Vacant Land
Details	2 bd · 13,535 sqft · built 1980
Lot Size	0.414 acres (18,038 sqft)
Owner	2 Company Names on Record
Last Sale	$1,438,000 (Sep 2007)
Tax Bill	$13,500 (2024)
Deeds & Mortgages	Feb 2019 Sale Feb 2019 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14-35-227-008`

Property Details

APN / Parcel Number

Primary APN	`14-35-227-008`

Interior

Bedrooms	2 Beds
Units	24 Units
Stories	2 Stories
Building Area	13,535 sqft Gross Area
1st Floor Area	3,375 sqft
Basement Area	3,410 sqft
Finished Basement	3,410 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1980
Effective Year Built	Effective 1980
Exterior Material	Brick Veneer
Construction Type	Wood
Roof Material	Composition Shingle
Lot Area	18,038 sqft (0.414 acres)
Lot Dimensions	150 ft deep x 120 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

Street Address	2102 RAINBOW AVE
City	BLOOMINGTON
State	IL
Zip	61704-2351
Property Category	Commercial
Property Type	Vacant Land > Commercial
Legal Description	LAKEWOOD ESTATES 2ND ADD LOT 316
Legal Range	02E
Legal Township	24N
Legal Section	35
Legal Subdivision	LAKEWOOD ESTATES
Legal Lot Number	316
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1003
Census Tract	1106

Owner

Source: McLean County records, as of April 8, 2026

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

Owner of Record	2 Company Names on Record
Mailing Address	402 KINGSLEY ST, NORMAL, IL 61761-2943
Owner Type	Company
Vesting	Borrower in Default

Deeds, Mortgages & Sale History

Date	Document
Feb 1, 2019	Deed, Transfer ATTORNEY ONLY, ATTORNEY
Feb 1, 2019	Deed, Transfer ATTORNEY ONLY, ATTORNEY
Sep 24, 2007	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 24, 2007 · Amount on Record
Deed Sale	Sep 24, 2007 · Amount on Record
Deed Document Number	200726345
Record Updated	Jun 8, 2026

February 2019: Deed, Transfer

Document Type	Deed
Jurisdiction	MCLEAN IL
Recording Date	Feb 1, 2019
Property Address	2102 RAINBOW AVE, BLOOMINGTON, IL 61704-2351
Document Number	201900001572
Map Reference	DOC 78-10291
Instrument Date	Jan 22, 2019
Instrument	2019-00001572
Transaction Type	Transfer
Record Updated	Apr 13, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5693 BRAMBLEWOOD RD, LA CANADA FLINTRIDGE, CA 91011-1822

February 2019: Deed, Transfer

Document Type	Deed
Jurisdiction	MCLEAN IL
Recording Date	Feb 1, 2019
Property Address	2102 RAINBOW AVE, BLOOMINGTON, IL 61704-2351
Document Number	201900001571
Map Reference	DOC 78-10291
Instrument Date	Dec 30, 2018
Instrument	2019-00001571
Transaction Type	Transfer
Record Updated	Apr 13, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5693 BRAMBLEWOOD RD, LA CANADA FLINTRIDGE, CA 91011-1822

September 2007: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Sep 24, 2007
Property Address	2102 RAINBOW AVE, BLOOMINGTON, IL 61704-2351
Document Number	200700026345
Map Reference	DOC78-10291
Instrument Date	Sep 21, 2005
Instrument	2007-00026345
Transaction Type	Transfer
Record Updated	Apr 13, 2026

Transaction

Amount	Amount Recorded
Tax	$2,157.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Family Trust
Address	PO BOX 1588, BLOOMINGTON, IL 61702-1588

Tax Assessment & Valuation

Source: McLean County assessment roll, as of April 8, 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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$175,377 (+8.85%) Land $38,497 Building $136,880	$526,131 (+8.85%) Land $115,491 Building $410,640
2024	$13,500.00 (+0.25%)
2023	$13,466.00 (+26.15%)	$161,125 (+28.28%) Land $35,369 Building $125,756	$483,375 (+28.28%) Land $106,107 Building $377,268
2022	$10,675.00	$125,609 Land $27,573 Building $98,036	$376,827 Land $82,719 Building $294,108

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

Flood

Source: FEMA National Flood Hazard Layer, effective June 27, 2019 · 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	1 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 96% of the US · lower than 74% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	BLOOMINGTON serves 79,000 people · EPA ID IL1130200
Water Source	Surface water
Last State Inspection	Aug 2023
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 150 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Pavlov Media, Watch TV.

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