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$125,000

  • For Sale
  • Active
  • Lots/Land
  • 2.12 Acres
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With nothing on the market and lumber prices on the decline, the time is right to build your next home! Here's your opportunity for a 2+/- acre homesite in the Village of North Barrington. This gorgeous setting offers the privacy you'd expect from your own 2 acre homesite with the benefit and convenience of shopping, dining and highways just minutes away. This partially wooded parcel has a subtle rolling terrain perfect for a look-out or possibly walk out basement depending on where you decide to situate your new home. The owner has a Full set of plans for the home pictured, topography plan, and a septic design.

Full Property Details for 120 N Rainbow Rd

General

  • Price: $125,000
  • Taxes: $4,428 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12690426

Location

  • Area: Barrington Area
  • County: Lake
  • Township: Cuba
  • Driving Directions: Rt 22 east of Rt 59 to Rainbow Rd. and South to property

School Information

  • School District: 220
  • Elem School District: 220
  • Midd School District: 220
  • High School District: 220
  • High School: Barrington High School
  • Private School: Barrington High School

Utilities

  • Sewer: Septic Needed
  • Water: Well Required
  • Onsite: Electricity to Site, Natural Gas Available

Structural Information

  • Square Feet: 2.12
  • Current Bldg. Use: Single Family

Lot Features

  • Lot Size (Acres): 2.12
  • Lot Size Range: 2.0 to 2.99 Acres
  • Lot Dimensions: 248 x 413 x 206 x 410
  • Frontage: Public Road
  • Frontage Feet: 248
  • Street/Road Desc.: Asphalt
  • Zoning: SINGL
  • Lot Description: Wooded

Financial Considerations

  • Tax Amount: $4,428.34
  • Tax Year: 2024
  • Pays Sewer: Septic Needed

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 13244010150000

Listed by RE/MAX Properties Northwest

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Listing agent

— 120 N Rainbow Rd —

  • RE/MAX Properties Northwest

(847) 815-9902

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 120 N Rainbow Rd

School District:Barrington Community Unit School District 220
NameGradesDistance
Roslyn Road Elementary School
224 West Roslyn Road, Barrington, IL 60010
K-51.8 mi
Barrington Middle School- Prairie Campus
40 East Dundee Road, Barrington, IL 60010
6-84.1 mi
Barrington High School
616 West Main Street, Barrington, IL 60010
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 120 N Rainbow Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,355
7%
$63,393
6%
2024
$4,071
-12%
$59,782
6%
2023
$4,605
1%
$56,665
-12%
2022
$4,552
3%
$64,106
2%
2021
$4,428
4%
$63,016
—
2020
$4,247
—
$62,821
3%
2019
$4,247
-22%
$61,163
-24%
2018
$5,465
3%
$80,113
2%
2017
$5,326
1%
$78,504
4%
2016
$5,291
6%
$75,543
7%
2015
$4,984
-8%
$70,853
—
2014
$5,425
—
$70,853
-2%
2013
$5,403
3%
$72,128
-3%
2012
$5,229
—
$74,470
—
View All
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 for 120 N Rainbow Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by RE/MAX Properties Northwest

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120 N Rainbow Road, North Barrington, IL 60010 (MLS# 12690426) is a Lots/Land property with a lot size of 2.12 acres. 120 N Rainbow Road is currently listed for $125,000 and was received on June 28, 2026. Want to learn more about 120 N Rainbow Road? Do you have questions about finding other Lots/Land real estate for sale in North Barrington? You can browse all North Barrington real estate or contact a Coldwell Banker agent to request more information.

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