Google street view image for 23 Rainbow Rd, Springfield, IL 62712

Off market

$175,867

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sq ft

23 Rainbow Rd, Springfield, IL 62712

About this home

23 Rainbow Rd is a house on a 0.43 acre lot. Based on Redfin's Springfield data, we estimate the home's value is $175,867.

Single-familyProperty Type

0.43 acresLot Size

Source:Public Records

Redfin Estimate

$175,867

$12K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 39.9% lower than the average sale price ($293K) of 6 comparable homes.

SOLD OCT 2, 2026
$255,000
A
3 beds2 baths1,672 sq ft
37 Marquette Rd, Springfield, IL 62712
SOLD JUL 17, 2026
$240,100
B
3 beds2 baths1,594 sq ft
31 Twilight Ln, Springfield, IL 62712
SOLD JUL 6, 2026
$305,000
C
4 beds2.5 baths2,780 sq ft
4 Parkway Rd, Springfield, IL 62712
SOLD SEP 24, 2026
$375,000
D
3 beds3 baths3,219 sq ft
6800 Ironwood Dr, Springfield, IL 62712
SOLD JUL 14, 2026
$229,900
E
3 beds1.5 baths1,327 sq ft
1848 E Lake Shore Dr, Springfield, IL 62712
SOLD SEP 18, 2026
$350,000
F
4 beds3 baths2,387 sq ft
1405 Hosta St, Springfield, IL 62712

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Market trends in 62712, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.8%

0.3% MoM

Median sale price

$295K

$487 MoM

Avg. days on market

1 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 7 HRS AGO
$245,000
3 beds2 baths1,585 sq ft
1117 Dani Ln, Springfield, IL 62712
$269,900
3 beds2 baths1,639 sq ft
2821 Blackwater Blvd, Springfield, IL 62712
$355,000
4 beds2.5 baths2,816 sq ft
125 Basswood Rd, Springfield, IL 62712
$224,900
2 beds2 baths1,586 sq ft
3607 Teakwood Dr, Springfield, IL 62712-0000
See all

Provided by Redfin

Sale history for 23 Rainbow Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$4,262 (−5.7%)

$11,065 + $63,067

$74,132

2024

$4,518 (+1.9%)

$10,701 + $60,993

$71,694

2023

$4,434 (+4.3%)

$10,164 + $57,934

$68,098

2022

$4,252 (+4.3%)

$9,624 + $54,857

$64,481

2021

$4,078 (+1.6%)

$9,240 + $52,666

$61,906

2020

$4,013 (+1.2%)

$9,121 + $51,990

$61,111

2019

$3,967 (+0.9%)

$9,181 + $52,330

$61,511

2018

$3,932 (+1.6%)

$9,034 + $51,491

$60,525

2017

$3,870 (+3.5%)

$8,938 + $50,946

$59,884

2016

$3,738 (+5.0%)

$8,646 + $49,280

$57,926

2013

$3,561

$8,407 + $47,921

$56,328

Tax history for 23 Rainbow Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,262 (−5.7%)

$11,065 + $63,067

$74,132

2024

$4,518 (+1.9%)

$10,701 + $60,993

$71,694

2023

$4,434 (+4.3%)

$10,164 + $57,934

$68,098

2022

$4,252 (+4.3%)

$9,624 + $54,857

$64,481

2021

$4,078 (+1.6%)

$9,240 + $52,666

$61,906

2020

$4,013 (+1.2%)

$9,121 + $51,990

$61,111

2019

$3,967 (+0.9%)

$9,181 + $52,330

$61,511

2018

$3,932 (+1.6%)

$9,034 + $51,491

$60,525

2017

$3,870 (+3.5%)

$8,938 + $50,946

$59,884

2016

$3,738 (+5.0%)

$8,646 + $49,280

$57,926

2013

$3,561

$8,407 + $47,921

$56,328

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-1(A)

Single-Family Residence Districts

The R-1(A) single-family residence district provides for residential development of an intermediate density where both public sewer and public water are available.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Educational/school
Golf related
Park & open space

Property details

Exterior

Property Information
Subdivision Name: SUNSET ACRES ADD
Legal Description: SUNSET ACRES ADDN L43

Lot Information
Land Sq. Ft: 18,532
Legal Lot Number: 43
Municipality Name: ROCHESTER
Acres: 0.4254
County Use Description: IMPROVED URBAN RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.43 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 23310353012

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

K - 12
Preschool & daycare

Rochester Elementary Ec-1 School

Public PreK-1 • Assigned • 4.0mi

Rochester Junior High School

Public 7-8 • Assigned • 4.3mi

7/10

Rochester High School

Public 9-12 • Assigned • 4.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 105° expected this year, 20 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Springfield, IL • 62712

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$168,000 – $203,000

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Nearby similar homes

NEW 7 HRS AGO

$245,000

3 beds2 baths1,585 sq ft

1117 Dani Ln, Springfield, IL 62712

Open floor plan • Vaulted ceilings • Gas fireplace

$379,900

3 beds3 baths2,578 sq ft

1620 Hoechester Rd, Springfield, IL 62712

Cul-de-sac • Vaulted living room • Finished basement

$399,900

4 beds3.5 baths3,018 sq ft

6517 Winterberry Ln, Springfield, IL 62712

Large deck • Fenced backyard • Community pond

$174,900

5 beds2 baths1,876 sq ft

63 Villanova Dr, Springfield, IL 62703

New siding • New windows • New roof

$309,900

3 beds2.5 baths2,441 sq ft

118 White Pine Dr, Springfield, IL 62712

Large deck • Fenced-in yard • Replaced shed roof

$134,900

4 beds1.5 baths1,920 sq ft

2507 Huntington Dr, Springfield, IL 62703

Updated kitchen • Bright living room • Spacious rec room

New listings for sale in 62712

NEW 7 HRS AGO

$245,000

3 beds2 baths1,585 sq ft

1117 Dani Ln, Springfield, IL 62712

Open floor plan • Vaulted ceilings • Gas fireplace

$269,900

3 beds2 baths1,639 sq ft

2821 Blackwater Blvd, Springfield, IL 62712

Covered deck • Fenced backyard • Overlooking a field

$355,000

4 beds2.5 baths2,816 sq ft

125 Basswood Rd, Springfield, IL 62712

Lake springfield • Walking bike trails • Dishwasher 2023

$224,900

2 beds2 baths1,586 sq ft

3607 Teakwood Dr, Springfield, IL 62712-0000

Abundance of closets • Storage space • Office cut out

Home values near 23 Rainbow Rd

Data from public records.

Address	Redfin Estimate
19 Rainbow Rd, Springfield, IL 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$245,983
16 Rainbow Rd, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$260,726
39 Twilight Ln, Springfield, IL 4 Beds \| 2 Baths \| 1913 Sq. Ft.	$275,768
26 Twilight Ln, Springfield, IL 3 Beds \| 2 Baths \| 1645 Sq. Ft.	$247,095
38 Twilight Ln, Springfield, IL 3 Beds \| 2 Baths \| 1540 Sq. Ft.	$219,525
34 Twilight Ln, Springfield, IL 3 Beds \| 2 Baths \| 1966 Sq. Ft.	$232,198

Address	Redfin Estimate
24 Rainbow Rd, Springfield, IL 3 Beds \| 2 Baths \| 1520 Sq. Ft.	$234,636
28 Rainbow Rd, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$280,558
27 Twilight Ln, Springfield, IL 3 Beds \| 2 Baths \| 2189 Sq. Ft.	$274,163
30 Twilight Ln, Springfield, IL 3 Beds \| 2 Baths \| 1800 Sq. Ft.	$220,325
3231 Brunk Dr, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$266,143
3249 Brunk Dr, Springfield, IL 3 Beds \| 2.5 Baths \| 2000 Sq. Ft.	$248,015

Address	Redfin Estimate
36 Rainbow Rd, Springfield, IL 4 Beds \| 2.5 Baths \| 3600 Sq. Ft.	$255,171
12 Rainbow Rd, Springfield, IL 4 Beds \| 2 Baths \| 1945 Sq. Ft.	$290,966
40 Twilight Ln, Springfield, IL - Beds \| - Baths \| - Sq. Ft.	$266,235
42 Twilight Ln, Springfield, IL 3 Beds \| 3 Baths \| 2486 Sq. Ft.	$295,804
31 Twilight Ln, Springfield, IL 3 Beds \| 2 Baths \| 1594 Sq. Ft.	$271,993
6848 Lake Service Rd, Rochester, IL 3 Beds \| 2 Baths \| 2036 Sq. Ft.	$257,784

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