ClosedPrice Reduced

$384,500

$398,500
169 Rainbow Lane, Trout Valley, IL 60013
3 Beds2 Baths0 sqft45 days
169 Rainbow Lane·Trout Valley, IL 60013
3Bedrooms
2Bathrooms
0Sq Ft
1969Year Built
About This Home

NOT YOUR COOKIE CUTTER HOME OR NEIGHBORHOOD! HOME IS SITUATED ON ALMOST AN ACRE OF LUSH BEAUTY. Trout Valley is resemblance the east coast! Think of it as a nature preserve; heavily wooded, hilly terrain, hiking paths, rare plants and flowers along the paths, winding roads, every season change brings on a new beauty that makes you say wow, I live here. It is a lifestyle community that has all the amenities you can ever want. Equestrians, you can board your horse at the Trout Valley barn! You have a birds eye view of the barn from the back of the home. Boaters, drop your boat at the Trout Valley launch for FREE! Marina and launch were newly refurbished. Tennis enthusiast, private courts await you. Golfers, hop in the golf cart and cruise over to the Cary Country Club for a round of golf and lovely views of the course off the clubs deck. Fisherman, fly fish in several private ponds or drop a line in Tom Sawyer Pond. Socialize with the neighbors at the Riverfront Lodge or Barn where you not only know your neighbors but they become lifelong friends. Where else can you have all this? Here!... and it looks like your driving through a wooded narnia, yet your only 10 min to the Metra train and 60 min to downtown Chicago! Situated between Fox Bluff Conservation Area, Fox River and Cary Country Club 18-hole public golf course. 169 Rainbow Ln backs up to a wooded lot with running stream & small waterfall. New oak sliders & large windows. The elevated views of surrounding woods is spectacular. Enjoy the panorama view from kitchen, dining area & living room with an open floor plan, solid oak flooring throughout main floor and lower level. Newly resurfaced multi-tiered backyard deck with sliders from the kitchen, dining area & primary bedroom. Lower level is complete to entertain with wet bar, cozy up next to the wood-burning fireplace with gas starter. Need to melt your stress away? Relax in the attached tropical, atrium sunroom complete with Jacuzzi hot tub. Walkout lower level is the perfect entertaining space with guest room, large bonus area that can be used for crafting, exercise, kids playroom or accommodate multi generation with the split footplate. 2.5 car attached garage has a staircase accommodating second-level storage. 2 new furnaces and 2 central AC units 2019 (3 year warranty left) Come make this golf community your home that feels a world away from the hustle bustle yet close to everything (10-minute walk to historic downtown Cary and the UPNW Metra station). Only 35 minutes to O'Hare airport. Highly-rated schools include Briargate Elementary (walking distance), Cary Junior High and Cary-Grove High School. *** HOME WARRANTY INCLUDED***

MLS# 11668323Listed November 7, 2022ResidentialStep RanchSubdivision: Trout Valley
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms8

Size & Structure

Living Area0 sqft
Garage Spaces3
Fireplaces1
Year Built1969
Lot Size0.850 acres

Location

CountyMc Henry
TownshipAlgonquin
SubdivisionTrout Valley
Zip Code60013

Financial

List Price$384,500
Original Price$398,500
Annual Taxes (2021)$11,342
Monthly Tax Est.$945
Parcel #1913304004
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

FinishedWalk-Out Access

Laundry

Gas Dryer Hookup

Fireplace

Wood BurningGas Starter
Exterior & Lot

Construction

BrickCedar

Roof

Asphalt

Lot Features

Water RightsWoodedMature TreesBacks to Trees/WoodsGarden
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Electric

100 Amp Service

Parking

AsphaltGarage Door OpenerOn SiteGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$1,600
Annually

HOA Includes

InsuranceSecurityClubhouseLake Rights

Community Features

ClubhouseParkPoolTennis Court(s)Stable(s)Horse-Riding AreaHorse-Riding TrailsLakeDockWater RightsStreet Paved
Schools
Elementary
Briargate Elementary School
District: 26
Middle School
Cary Junior High School
District: 26
High School
Cary-Grove Community High School
District: 155
Tax & Financial
Annual Taxes
$11,342
Tax Year 2021
Monthly Tax Est.
$945
per month
Price Reduced by $14,000
Original list price: $398,500
Property Location

169 Rainbow Lane, Trout Valley, IL 60013Mc Henry County

$384,500
169 Rainbow Lane
3 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
45 days on market
3-car garage
1 fireplace
0.850 acres
$11,342/yr taxes
$1,600 HOA (annually)
Price reduced $14,000
$3,099
estimated monthly payment
Principal & Interest
$2,021/mo
Property Tax
$945/mo
HOA
$133/mo
$384,500
20% — $76,900
3%50%
6.875%
3%12%
Loan Amount
$307,600
Down Payment
$76,900

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Baird & Warner
Agent: Michelle Mackey
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Trout Valley and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.