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Backup Offers

21660 N Rainbow Rd, Deer Park, IL, 60010

$1,575,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 2 Partial
9,240 SqFt
$170/SqFt
House

Location

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21660 N Rainbow Rd, Deer Park$1,575,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage4 spaces
Year Built1998
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned, Electric
BasementYes
WaterfrontFencing
FireplaceDouble Sided, Wood Burning, Gas Starter
MLS #12166052
Lot Size2.95 Acres
StatusAccepting Backup Offers
(Contingent)

About 21660 N Rainbow Rd

Stunning, artistic estate that seamlessly integrates modern and contemporary architecture with timeless elegance, sprawling across nearly 3 acres. Indulge your desire for luxurious living in this updated home where every detail has been meticulously curated to blend style and sophistication, in an architectural masterpiece. The impressive foyer sets the tone for the breathtaking display of sophistication, featuring a graceful, curved staircase, exquisite glass block details, and lofty 22-foot ceilings that create a dramatic first impression. Abundant natural light pours in through the expansive floor-to-ceiling windows, framing sweeping views of the lush grounds and serene pool, providing inspiration and tranquility. This home transcends the notion of mere living; it embodies an exceptional lifestyle of both zen and opulence. The striking architectural details harmoniously complement the dramatic design, offering a seamless flow between indoor and outdoor spaces, perfect for lavish entertaining or peaceful retreats. The great room is a showstopper, boasts an expansive layout, a floor to ceiling two-sided fireplace and flows into the atrium and formal living room. The gourmet kitchen is a culinary haven featuring Italian cabinetry, complemented by top-of-the-line commercial-grade appliances, including a built-in Miele coffee machine, Wolf range with griddle, Wolf double ovens, warming drawer, a full Sub-Zero refrigerator and freezer, and spacious quartz waterfall countertops. Creative storage solutions ensure a clutter-free environment, allowing you to entertain with ease and elegance. The large dining room, illuminated by natural light, is ideal for intimate soirees or grand celebrations, making every meal an experience to remember. The main floor also offers a private bedroom suite, perfect for accommodating guests or in-laws, along with a beautifully appointed full bath. There's a vaulted ceiling library that provides ideal work at home space. The stately front staircase leads to the second floor, which is equally as impressive. There are four spacious suites, each offering hardwood floors and high-end finishes. The opulent master suite is a true retreat, featuring a gracious bedroom with a spa-like hotel-chic bathroom that promises an indulgent experience. Enjoy the amenities of a walk-in steam shower complete with full-body shower jets, towel warmers, and a sumptuous soaking tub that beckons relaxation. Two separate expansive dressing rooms provide lots of space for your wardrobe and jewelry, while a private balcony offers inspiring views of the colorful manicured grounds and pool. The two additional generously sized bedrooms each boast walk-in closets and share a beautiful Jack-and-Jill bathroom. An additional secondary primary suite, located in its own wing, offers the ultimate in privacy and comfort, complete with convenient access to a back staircase. The lower level is designed as an entertainer's paradise, featuring a separate exterior entrance to the terraced patios, and expansive spaces for leisure and recreation. Enjoy pool or poker in the large game room, indulge in cinematic experiences in the private theater, or use the open concept room as a dance floor. This level also boasts a second full kitchen, perfect for hosting gatherings or additional preparation space for larger celebrations. Step outside to enjoy the stunning outdoor living space, designed for the ultimate 'staycation'. The focal point is a lavish custom pool, complete with a built-in spa, surrounded by extensive decking and patios, plus an outdoor kitchen with a built in grill and countertop firepit. An expansive lawn offers endless possibilities for recreation, featuring a fire pit and space for a private pickleball or sport court. The finished, heated four-car garage can accommodate car lifts and showcase your automotive collection. For the discerning buyer, who appreciates artistic flair, your home awaits you.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1998
  • Living Area: 9,240 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Heidi Seagren

Interior Features

Interior Information:

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Indoor Grill, Stainless Steel Appliance(s), Wine Cooler, Cooktop, Oven, Range Hood, Water Softener, Gas Cooktop
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Open Floorplan, Separate Dining Room
  • Fireplace: Double Sided, Wood Burning, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Balcony, Patio, Hot Tub, In Ground Pool, Storms/Screens, Outdoor Grill, Fire Pit

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Fencing, Landscaped, Trees, Wooded Back, Outdoor Lighting
  • Lot Size: 2.95 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • Cooling: Central Air, Zoned, Electric

Other

Directions Information:

  • Directions: Route 59 North of US 14, East on Cuba, North on Rainbow Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,575,000
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $18,929
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12166052

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Heidi Seagren

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Property Sales & Tax

Listing History

Aug 24, 2021Home Sold
$1,500,000
Nov 02, 2016Home Sold
$475,000
Mar 25, 2014Home Sold
$475,000
Aug 10, 2007Home Sold
$1,417,810

Tax History

YEARPROP. TAXASSESSMENT
2020$18,929$277,535
2019$18,929$275,114
2018$19,552$292,907
2017$19,552$289,377

History based on county public records data.

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$7,928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,788

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1090521
8
/10

  • Roslyn Road Elementary School

  • 224 Roslyn Rd

  • 1.47 miles

  • Public District Grades KG-5

school-card-donut-1090522
8
/10

  • Isaac Fox Elementary School

  • 395 W Cuba Rd

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-1090523
9
/10

  • Arnett C. Lines Elementary School

  • 217 Eastern Ave

  • 1.88 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $149,485. Typical income of Lake County, IL residents is between $100k-200k annually. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 21660 N Rainbow Rd

What is the listing price of this property?

The listing price of 21660 N Rainbow Rd property is $1,575,000.

What type of property is this?

The property 21660 N Rainbow Rd is a house located in Deer Park, Illinois, 60010.

Is this property for sale now?

Accepting Backup Offers: 21660 N Rainbow Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,929 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 24, 2021 for $1,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 21660 N Rainbow Rd has 5 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 21660 N Rainbow Rd is 9,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 21660 N Rainbow Rd is 1998.

Rocket Homes›Illinois›Lake County›Deer Park›60010›21660 N Rainbow Rd

This home is located at 21660 N Rainbow Rd in Deer Park, IL and zip code 60010. This 9,240 square foot home, which was built in 1998, sits on a 2.95 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $1,575,000.

In November 2024 more than 206 listings in Lake County, IL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 269 were sold below. Between October 2024 and November 2024, Lake County, IL real estate market has seen decrease in the number of listings by 3.4%. While the average time on the market in November 2024 was 24 days, the median list price was $368,237.

From Rocket Homes Real Estate and based on county public records data.

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