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$275,000 Just Listed
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Property Description
Discover this meticulously maintained and quality built split level home, ideally located in the heart of Glenwood! A welcoming entry opens to an open concept living and dining spaces with hardwood flooring and abundant natural light, the perfect place to entertain. The updated kitchen features classic shaker cabinetry, granite countertops, stainless steel appliances, and space for a cozy breakfast table. The upper level offers three generously sized bedrooms, all with hardwood flooring, along with a refreshed full bath. The walkout lower level provides additional living and storage space with a comfortable family room centered around a timeless stone fireplace, a second full bath, and a dedicated laundry room with access to the attached 2 car garage. Step outside to a relaxing patio with gazebo, overlooking the private and fully fenced backyard. Conveniently located near Glenwoodie Golf Club, the Forest Preserves of Cook County, neighborhood parks, shopping, dining, Metra access, and easy connections to major interstates. This is a wonderful opportunity to make this well-cared for home your own. Just move in and start making memories!
Full Property Details
Full Property Details for 223 W Rainbow Dr
General
- Price: $275,000
- Taxes: $8,309 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12547705
- Updated: 1/29/2026
- Added to Site: 6 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, W
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Dish Antenna, Ceiling Fan(s)
- Other Features: School Bus Service, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Glenwood
- County: Cook
- Township: Bloom
- Driving Directions: When heading south on S Halsted St, turn left onto W 187th St, turn left onto W Rainbow Dr and the home will be on the right.
School Information
- School District: 167
- Elem School District: 167
- Midd School District: 167
- High School District: 233
- Elementary School: Longwood Elementary School
- Middle School: Brookwood Junior High School
- High School: Homewood-Flossmoor High School
- Private School: Homewood-Flossmoor High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Walk-Up Access, Partial, Walk-Out Access
- Roof: Asphalt
- Windows: Aluminum Frames, Double Pane Windows, Screens
- Doors: Sliding Doors
- Sub-Flooring: Hardwood
- Square Feet: 1,803
- Sq. Ft. Source: Estimated
- Year Built: 1962
- Built Before 1978: Yes
Additional Structures
- Other Structures: Gazebo
Lot Features
- Lot Size (Acres): 0.16
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6991
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1962
- Tax Amount: $8,309
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 32041020390000
Listed by Redfin Corporation
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Schools
Schools serving 223 W Rainbow Dr
School Districts:Brookwood School District 167, Homewood-Flossmoor Community High School District 233
| Name | Grades | Distance |
|---|---|---|
Longwood Elementary School, Glenwood, IL 441 Longwood Drive, Glenwood, IL 60425 | PK-4 | 0.3 mi |
Brookwood Jr High School 201 East Glenwood Lansing Road, Glenwood, IL 60425 | 7-8 | 1.4 mi |
Homewood-Flossmoor High School 999 Kedzie Avenue, Flossmoor, IL 60422 | 9-12 | 3.2 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 223 W Rainbow Dr
Date
Details
Price
Change
Source
1/23/2026
Listed
$275,000
123.58%
MLS
2/22/2016
Sold
$123,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 223 W Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,309
54%
$21,999
75%
2022
$5,405
-1%
$12,554
—
2021
$5,445
-2%
$12,554
—
2020
$5,568
-11%
$12,554
-8%
2019
$6,248
5%
$13,580
—
2018
$5,959
-25%
$13,580
—
2017
$7,965
18%
$13,580
19%
2016
$6,748
4%
$11,446
—
2015
$6,506
36%
$11,446
-12%
2014
$4,767
12%
$12,971
—
2013
$4,243
—
$12,975
—
2012
$4,228
—
$12,975
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 223 W Rainbow Dr
223 W Rainbow Drive, Glenwood, IL 60425 (MLS# 12547705) is a Single Family property with 3 bedrooms and 2 full bathrooms. 223 W Rainbow Drive is currently listed for $275,000 and was received on January 23, 2026. Want to learn more about 223 W Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Glenwood? You can browse all Glenwood real estate or contact a Coldwell Banker agent to request more information.

