2602 Rainbow Ave, Unit 4, Bloomington, IL 61704 Property Records

McLean County property record for 2602 Rainbow Ave, Unit 4, Bloomington, IL 61704

Property Summary

Property Type	Condominium
Details	3 bd · 2 ba · 1,920 sqft · built 1992
Lot Size	0.146 acres (6,367 sqft)
Owner	Individual Name on File
Last Sale	$135,000 (Jun 2014)
Tax Bill	$4,812 (2024)
Deeds & Mortgages	Dec 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-36-127-004`

Property Details

APN / Parcel Number

Primary APN	`14-36-127-004`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	6 Rooms
Units	8 Units
Stories	1 Story
Building Area	1,920 sqft Living Area
Gross Area	2,340 sqft
1st Floor Area	1,514 sqft
Basement Area	406 sqft
Finished Basement	406 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1992
Effective Year Built	Effective 1992
Architectural Style	Condo/Apartment
Exterior Material	Aluminum/Vinyl
Foundation Type	Concrete
Roof Material	Asphalt
Lot Area	6,367 sqft (0.146 acres)
Lot Dimensions	214 ft deep x 660 ft wide
View / Lot	Lake Front
Garage Type	Attached
Garage Area	420 sqft
Parking Spaces	2 Parking Spaces
Deck Area	144 sqft
Greenhouse	Greenhouse

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	2602 RAINBOW AVE, 4
City	BLOOMINGTON
State	IL
Zip	61704-8575
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	R3A
Legal Description	MILL CREEK ESTATES CONDO UNIT 4 BLDG 2602
Legal Range	02E
Legal Township	24N
Legal Section	36
Legal Subdivision	MILL CREEK ESTATES CONDO
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1002
Census Tract	1106

Owner

2602 Rainbow Ave, Unit 4 is owned and occupied by an individual who bought it in June 2014.

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

Owner of Record	Individual Name on File
Mailing Address	2602 RAINBOW AVE, 4, BLOOMINGTON, IL 61704-8575
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 19, 2014 · Amount on File
Deed Sale	Jun 19, 2014 · Amount on File
Prior Sale	Nov 10, 2011 · Amount on File
Deed Document Number	20149964
Prior Transfer Date	Jun 23, 2011
Prior Transfer Doc	0000014438
Record Updated	Oct 29, 2026

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	2602 RAINBOW AVE UNIT 4, 4, BLOOMINGTON, IL 61704-8575
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202000027763
Date	Dec 18, 2020
Instrument	2020-00027763

Lender

Name	MARINE BANK SPRINGFIELD
Type	Bank
Address	SPRINGFIELD, IL 62704

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	181 Months
Due	Jan 1, 2036

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		$71,583 Land $14,692 Building $56,891	$214,749 Land $44,076 Building $170,673
2024	$4,812.00 (-1.17%)
2023	$4,869.00	$63,473 Land $13,027 Building $50,446	$190,419 Land $39,081 Building $151,338

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

FEMA maps place 2602 Rainbow Ave, Unit 4 in Zone X, an area of minimal flood risk.

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

Wildfire risk around 2602 Rainbow Ave, Unit 4 is low, with less than a 0.01% annual chance of 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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