Rent to own Homes in Cornell, IL

Cornell, IL is a great place for affordable rent-to-own homes! With a median household income of over $50,625 and a median rent of $917, the Cornell, 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 Cornell, 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 Cornell, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 17 106 Champion Dr
Rent To Own
 
Multifamily (2 - 4 Units)
Chenoa, IL 61726
3
2
2016 ft2
2001
1628 N 2510TH RD
Rent To Own
 
Single Family Home
Ottawa, IL 61350
3
3
1734 ft2
1978
Hot
1 of 19 439 S MAIN ST
Rent To Own
 
Single Family Home
Seneca, IL 61360
4
2
2100 ft2
1993
1 of 14 180 S MAIN ST
Rent To Own
 
Single Family Home
Seneca, IL 61360
3
1
1076 ft2
1940
1 of 24 108 N SEIGEL ST
Rent To Own
 
Single Family Home
Lostant, IL 61334
3
2
1910 ft2
1982
Hot
1 of 46 2800 TURNBERRY DR
Rent To Own
 
Single Family Home
Ottawa, IL 61350
4
2
1704 ft2
2002
1 of 20 309 W 2ND ST
Rent To Own
 
Single Family Home
Oglesby, IL 61348
2
2
1169 ft2
1956
1 of 43 112 MALLARD WAY
Rent To Own
 
Single Family Home
Hudson, IL 61748
4
4
4524 ft2
2019
Hot
1 of 12 1198 LISBON ST
Rent To Own
 
Single Family Home
Morris, IL 60450
3
2
1847 ft2
1977
1 of 10 1512 JODI CT
Rent To Own
 
Single Family Home
Morris, IL 60450
3
2
1510 ft2
2002
Hot
1 of 38 3193 MARIMARSH LN
Rent To Own
 
Single Family Home
Normal, IL 61761
4
4
3111 ft2
2005
Hot
1 of 31 3432 E 8TH RD
Rent To Own
 
Single Family Home
Utica, IL 61373
3
2
1859 ft2
1968
1 of 108 4500 E. Shady Lane
Rent To Own
 
Multifamily (2 - 4 Units)
Morris, IL 60450
5
5
3400 ft2
1990
1 of 18 304 BELVIEW AVE
Rent To Own
 
Single Family Home
Normal, IL 61761
3
2
1580 ft2
1961
Hot
1 of 47 115 N ADELAIDE ST
Rent To Own
 
Single Family Home
Normal, IL 61761
4
2
2800 ft2
1955
Hot
1 of 14 120 N TERRY ST
Rent To Own
 
Single Family Home
Spring Valley, IL 61362
4
2
1200 ft2
1942
1 of 12 26006 W MARLIN DR
Rent To Own
 
Townhouse/Condo
Wilmington, IL 60481
3
1
1200 ft2
1978
1448 PLANTAIN DR
Rent To Own
 
Single Family Home
Minooka, IL 60447
3
3
1700 ft2
2004
200 W 1ST ST
Rent To Own
 
Single Family Home
Coal City, IL 60416
3
2
2000 ft2
1956
8945 E TEAL LN
Rent To Own
 
Single Family Home
Wilmington, IL 60481
3
2
1107 ft2
1979
26523 N 1100 EAST RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cornell, IL 61319
3
2
2709 ft2
1994
1 of 9 7277 E 3000 NORTH RD
Auction
 
Single Family Home
Cornell, IL 61319
2
2
1241 ft2
1966
1 of 20 6257 E 3000 NORTH RD BLDG 25
Auction
 
Single Family Home
Streator, IL 61364
2
1
1568 ft2
1953
1 of 29 1405 N MOTOROLA DR
REO Foreclosure
 
Single Family Home
Pontiac, IL 61764
3
1
1640 ft2
1996
1206 N MOTOROLA DR
Auction
 
Single Family Home
Pontiac, IL 61764
3
1
1036 ft2
1969
1204 4H PARK RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
3
1
1252 ft2
1959
1501 BETHANY LN
Auction
 
Single Family Home
Pontiac, IL 61764
3
2
1738 ft2
1998
617 W CLEARY ST
REO Foreclosure
 
Single Family Home
Pontiac, IL 61764
2
1
891 ft2
1948
New
1323 E 12TH ST
Auction
 
Single Family Home
Streator, IL 61364
3
1
1321 ft2
1957
1 of 18 203 W SHERMAN AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
3
2
1904 ft2
1895
920 N MAIN ST
Auction
 
Single Family Home
Pontiac, IL 61764
3
3
2339 ft2
1940
1202 N WALNUT ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
3
1
1188 ft2
1890
422 W PRAIRIE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
2
1
1581 ft2
1932
740 N MILL ST
REO Foreclosure
 
Single Family Home
Pontiac, IL 61764
2
1
1627 ft2
1934
New
417 E ELMWOOD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
2
1
1000 ft2
1910
New
425 E ELMWOOD ST
Auction
 
Single Family Home
Pontiac, IL 61764
3
1
1285 ft2
1895
918 N HAZEL ST
Auction
 
Single Family Home
Pontiac, IL 61764
3
1
1480 ft2
1875
New
615 N CHICAGO ST
Auction
 
Single Family Home
Pontiac, IL 61764
4
2
2042 ft2
1900
New
308 E NORTH ST
Auction
 
Single Family Home
Pontiac, IL 61764
4
2
1878 ft2
1910
New
1 of 6 514 S VERMILLION ST
REO Foreclosure
 
Single Family Home
Pontiac, IL 61764
3
2
1581 ft2
1890
New
701 S VERMILLION ST
Auction
 
Single Family Home
Pontiac, IL 61764
2
1
792 ft2
1960
317 W LIVINGSTON RD
Auction
 
Single Family Home
Streator, IL 61364
2
1
957 ft2
1928
New
609 E HOWARD ST
Auction
 
Single Family Home
Pontiac, IL 61764
2
1
768 ft2
1951
613 E HOWARD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
3
1
1133 ft2
1880
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Buying a Home in Cornell, IL

Cornell, IL is seeing rapid growth and Cornell, IL's' housing market remains optimal with an average home price that is -66% below the 2024 national average. Cornell, IL is part of Livingston 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 Livingston is 2.24% which is above the national average, which is 0.99%.

Median Home Price in Cornell, IL

Median Rent in Cornell, IL

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