168 Rainbow Lane
Trout Valley, IL 60013
Map
- 3 beds
- 3 baths
- 2,271 sqft
- ~3/4 acre lot
- $248 per sqft
- 1964 build
- – on site
Fully Renovated Gem in Sought-After Trout Valley! Welcome to this stunning turnkey home in the heart of the incredible Trout Valley subdivision-a rare opportunity to own a completely rehabbed property (2021-2022) that offers both luxury and lifestyle. 3 Bedrooms 2.5 Bathrooms Backs to a peaceful creek with a spacious deck perfect for entertaining or relaxing in nature This beautifully redesigned 4-level home features: New flooring throughout Updated kitchen with solid surface counters, stainless steel appliances, and tile backsplash Fully renovated bathrooms with modern finishes New lighting fixtures and custom window coverings for added style and comfort New furnace & AC (2021) New roof & gutters (2022) Exterior painted (2021) New sump pump and drainage system New windows in the heated enclosed porch New power lines to the home & upgraded electrical panel Reverse osmosis and water softener systems But the home is only part of what makes this property exceptional. Located in the highly desirable Trout Valley community, you'll enjoy: Horse and walking trails Horse barn & paddocks Trout ponds & scenic streams Tennis and pickleball courts A private, amenity-rich lifestyle surrounded by nature If you're looking for move-in ready luxury in one of the most unique and picturesque neighborhoods in the area, this home is a must-see.
Last checked:
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Last updated May 31, 2025
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MLS# 12370847 —
The Building
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Year Built:1964
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Rebuilt:No
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New Construction:false
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Construction Materials:Cedar
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Roof:Asphalt
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Basement:Unfinished, Daylight
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Foundation Details:Concrete Perimeter
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Disability Access:No
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Living Area Source:Assessor
Interior
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Room Type:Enclosed Porch Heated, Enclosed Porch
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Rooms Total:8
Room Dimensions
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Living Area:2271
Location
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Directions:Cary-Algonquin Road to Country Commons Road, Left on Turkey Run Road to Rainbow house on the corner
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Location:61153
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Location:6026
The Property
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Parcel Number:1913304003
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Property Type:Residential
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Location:A
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Lot Features:Wooded, Rear of Lot
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Lot Size Dimensions:34921
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Lot Size Acres:0.8
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Waterfront:false
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Additional Parcels:false
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Fencing:Invisible
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Waterfront Features:Stream
Listing Agent
- Contact info:
- Agent phone:
- (630) 488-0992
- Office phone:
- (815) 469-7449
Taxes
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Tax Year:2023
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Tax Annual Amount:9490.38
Beds
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Bedrooms Total:3
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Bedrooms Possible:3
Baths
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Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
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Cooling:Central Air
Utilities
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Sewer:Septic Tank
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Water Source:Well
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator
Schools
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Elementary School District:26
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Middle Or Junior School District:26
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High School District:155
The Community
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Community Features:Clubhouse, Park, Pool, Tennis Court(s), Stable(s), Horse-Riding Area, Horse-Riding Trails, Lake, Dock, Water Rights
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Association Fee:198
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Association Fee Includes:Insurance, Clubhouse, Pool, Other
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Parking Features:Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
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Garage Spaces:2
Monthly cost estimate
Asking price
$565,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,025
|
| Taxes | $790 |
| Insurance | $155 |
| HOA fees | $198 |
| Utilities | $190 See report |
| Total | $4,358/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/30/25
May 30, 2025
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Pending | MRED | $565,000 | |
|
5/22/25
May 22, 2025
|
Listed / Active | MRED | $565,000 | 169.0% (13.3% / YR) |
|
9/21/12
Sep 21, 2012
|
MRED | $210,000 |
