Rent to own Homes in Mundelein, IL

There are many reasons to love Mundelein, IL. The open spaces and outdoor activities draw many people out of Chicago and into this suburb. However, this quiet village is still close enough to the big city that you can partake of those entertainment options, museums, and nightlife venues with a drive that will take less than an hour. Better still, if you choose to live in the Ivanhoe neighborhood or the Sylvan Lake and Diamond Lake communities you can almost walk to the golf course.

Mundelein, IL is a great place for affordable rent-to-own homes! With a median household income of over $91,535 and a median rent of $1,396, the Mundelein, IL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Mundelein, IL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Mundelein, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1200 WESTFIELD WAY
Rent To Own
Town And Country
Single Family Home
Mundelein, IL 60060
4
3
3379 ft2
1997
1408 KENMORE AVE
Rent To Own
Round Lake Beach Ridgewood
Single Family Home
Round Lake Beach, IL 60073
3
1
968 ft2
1955
Hot
2015 ROLLING RIDGE LN
Rent To Own
Lindenhurst
Single Family Home
Lindenhurst, IL 60046
2
2
1475 ft2
1961
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
Hot
2008 TYLER TRL
Rent To Own
Mchenry
Single Family Home
Mchenry, IL 60051
3
3
1981 ft2
2006
1 of 14 8809 West Golf Road
Rent To Own
 
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
5913 MONROE ST
Rent To Own
Morton Grove
Single Family Home
Morton Grove, IL 60053
3
2
1830 ft2
1960
1609 EDINBURGH DR #117-5
Rent To Own
Tri Village
Townhouse/Condo
Bartlett, IL 60103
3
3
1826 ft2
2005
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
8609 LAKESHORE DR
Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
6328 49TH AVE
Rent To Own
Forest Park
Single Family Home
Kenosha, WI 53142
3
1
1025 ft2
1953
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
7350 N RIDGE BLVD #22C
Rent To Own
West Rogers Park
Townhouse/Condo
Chicago, IL 60645
3
2
0 ft2
1930
7403 N HOYNE AVE #1
Rent To Own
Rogers Park
Townhouse/Condo
Chicago, IL 60645
2
2
800 ft2
1930
260 GREGORY M SEARS DR
Rent To Own
 
Single Family Home
Gilberts, IL 60136
4
3
1801 ft2
2003
1 of 5 1517 W Jonquil Ter
Rent To Own
 
Multifamily (2 - 4 Units)
Chicago, IL 60626
2
1
1100 ft2
2000
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
6334 N SHERIDAN RD #3C
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60660
1
1
800 ft2
1928
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
1 of 2 7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
12001 120TH CT
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
2
1500 ft2
1948
New
22316 121ST ST
Rent to Own Eligible
Lake Shangri La
Single Family Home
Bristol, WI 53104
4
2
1238 ft2
1988
3620 122ND ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
1741 ft2
1998
11325 274TH AVE
Rent to Own Eligible
Camp Lake
Single Family Home
Trevor, WI 53179
1
1
400 ft2
1938
11126 270TH AVE
Rent to Own Eligible
Camp Lake
Single Family Home
Trevor, WI 53179
3
1
1250 ft2
1936
6846 102ND ST #1-6
Rent to Own Eligible
 
Townhouse/Condo
Pleasant Prairie, WI 53158
2
2
1267 ft2
2003
Hot New
10840 39TH AVE
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
1
1380 ft2
1976
5007 104TH ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
3
2002 ft2
2000
26217 100TH ST
Rent to Own Eligible
Camp Lake
Single Family Home
Salem, WI 53168
4
3
2702 ft2
1974
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Buying a Home in Mundelein, IL

Mundelein, IL is seeing rapid growth and Mundelein, IL's' housing market remains not optimal with an average home price that is 9% above the 2024 national average. Mundelein, IL is part of Lake county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Lake is 2.19% which is above the national average, which is 0.99%.

Median Home Price in Mundelein, IL

Median Rent in Mundelein, IL

Rent to own homes offer low monthly payments and flexible terms.

Top 4 Reasons You Should Move To Mundelein, IL

Country club neighborhoods! In the northwest corner of town, you'll find the Ivanhoe Country Club and one of the most desirable communities in Mundelein. You'll also find the best salon in town, O Salon & Spa, and one of the best Italian restaurants, Lino's Ristorante & Pizzeria. With median home values right around $200,000, you can count on your investment to grow.

Close to Chicago! Within Ivanhoe, you'll find places like Cambridge Country Park and Sandburg Park. However, just a short drive south from here you'll find the city life of Chicago. When you want to take advantage of the many attractions a major city has to offer, Chicago is only a short drive way. Field Museum of Natural History, Adler Planetarium, and Navy Pier can all be reached in under an hour. When you want to relax in nature, it's good to come home to Ivanhoe.

The great outdoors! Nestled around Saint Marys Lake, Loch Lomond, and Diamond Lake, Mundelein offers plenty of outdoor spaces. Far from the hustle and bustle of Chicago, you'll find a quiet and relaxed lifestyle here. This is a great place to go when you want to get out of the city and explore what nature and your own community has to offer.

Lakeside communities! Southwest of the Mundelein town center, you'll find another community built around two lakes and the Countryside Golf Club - with median rents around $1,000. This is the Sylvan Lake and Diamond Lake community areas. Looking around this neighborhood could yield a rent to own house or two. You will also find the other top Italian restaurant in Mundelein, Carmen's Pizza. When you visit, be sure to compare them with Lino's and share your favorite.