Rent to Own Homes near Homewood, IL

Top 6 Reasons to Live in Homewood, IL

  • Located in Cook County, Illinois, Homewood is a growing town with a population of 19,323. In recent years, Homewood has seen a rapid growth in population due to the city being named one of Forbes' "three most livable cities" in the Chicago Metropolitan Area. With a booming economy paired with a stable housing market, Homewood is a great place to call home.

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  • A regional hub for shopping! An agricultural and manufacturing community prior to World War II, the last fifty years have brought substantial change to Homewood. Today, the city is home to numerous shopping centers like Westgate, Ridgemar, Southgate, Cherry Creek and Washington Plaza. As a result, residents are never more than a few minutes drive to stores like Target and Best Buy.
  • Delicious local cuisine! Whether you are a craving a delicious pizza with homemade crust or a hearty steak dinner, Homewood has a restaurant for you. For great food that is affordable and quick, make a stop at Pop's Italian Beef & Sausage or head to Grady's Grille for classic American fare.
  • Great annual events! Bring your sweet tooth to the annual Chocolate Fest in February to sample delicious desserts and homemade baked goods from local vendors. Head to Main Street on the first Saturday of December for Holiday Lights in Homewood, where a musical trolley will take you from store to store to view great holiday decorations, visit with Santa and listen to carolers.
  • Perfect for the outdoor enthusiast! Perfect your swing at the award-winning Ravisloe County Club or embrace your inner Tony Hawk at the Extreme Scene Skate Park on Harwood Avenue.
  • Rising home values! In less than one year, the median home value in Homewood has risen 6 percent to a near record high of $132,400. Best of all, Zillow predicts that this figure will increase by 1.6 percent in 2015. For great deals on single-family homes look in a desirable neighborhood like Coach Road or Poplar Court.
  • Affordable homes! In 2008, the median sale price of a three-bedroom home in Homewood peaked at nearly $165,000 and have since dropped to $126,000. As a result homes here are less expensive, and many properties can be purchased with instant equity because the median home value is $132,400. Look for a deal on a rent to own home in a community like Anthony Avenue or Heather Road.