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$157,500

  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,728 Sq. Ft.
  • 1 Car Garage
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Such a clean and bright condo in East Bloomington! Three finished floors provide ample living space. The first floor had new LVP flooring in 2024. The living room window, replaced in 2025, provides a view of the green common space. The patio door, replaced in 2025, leads to a deck. Upstairs you will find 3 bedrooms with new carpet in 2025 and a hall bath. Primary bedroom has a large walk-in closet. The basement is finished with a family room and laundry. New flooring and ceiling tiles were installed in 2023. Fireplace is being conveyed "as is" as it was not used by the seller. Water heater was replaced in 2025. There is an attached one car garage and one designated parking space. Additional parking spaces are available on the south end of the parking lot. The HOA covers roof and exterior work (excluding windows and doors), mowing, and snow removal. There is a lot to love about this convenient condo.

Full Property Details for 2322 Rainbow Ave #B

General

  • Sold For: $157,500
  • HOA FEE: $150/month
  • Taxes: $3,379 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12333916
  • Added to Site: 263 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Other Features: School Bus Service, Commuter Bus

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • Parking On-Site: Yes

Location

  • Area: Bloomington
  • County: McLean
  • Subdivision: Lakewood
  • Driving Directions: From Empire, N on Hershey, W on Rainbow to Lakewood Condos

School Information

  • School District: 87
  • Midd School District: 87
  • Elementary School: Stevenson Elementary
  • Middle School: Bloomington Jr High School
  • High School: Bloomington High School
  • Private School: Bloomington High School

Community

  • Assoc. Fees Include: Lawn Care, Snow Removal
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, / 50lbs.
  • Mgmt. Company: Lakewood Estates Condo Association

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Water: Public

Structural Information

  • Structure Type: Condo
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Partially Finished, Full
  • Entry Floor Number: 1
  • Stories/Levels: 3
  • Square Feet: 1,728
  • Sq. Ft. Source: Other
  • Year Built: 1980

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Dimensions: CONDO

Financial Considerations

  • Association Fee: $150
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1980
  • Tax Amount: $3,379
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 1436103017

Listed by BHHS Central Illinois, REALTORS
Sold by Freedom Realty

Listing agent

— 2322 Rainbow Ave #B —

  • BHHS Central Illinois, REALTORS

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2322 Rainbow Ave #B

School District:Bloomington School District 87
NameGradesDistance
Stevenson Elementary School, Bloomington, IL
2106 Arrowhead Drive, Bloomington, IL 61704
K-50.4 mi
Bloomington Jr High School
901 Colton Avenue, Bloomington, IL 61701
6-82 mi
Bloomington High School
1202 East Locust Street, Bloomington, IL 61701
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2322 Rainbow Ave #B

Date
Details
Price
Change
Source
8/07/2025
Sold
$157,500
5%
MLS
4/29/2025
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by BHHS Central Illinois, REALTORS
Sold by Freedom Realty

2322 Rainbow Avenue #B, Bloomington, IL 61704 (MLS# 12333916) is a Condo property that was sold at $157,500 on August 07, 2025. Want to learn more about 2322 Rainbow Avenue #B? Do you have questions about finding other Condo real estate for sale in Bloomington? You can browse all Bloomington real estate or contact a Coldwell Banker agent to request more information.