Rent to Own Homes near Park Forest, IL

  • Located about an hour's drive south from downtown Chicago, Park Forest, Illinois, is a thriving community of around 22,000 residents. The city was immortalized as the ideal post-war (WWII) suburban community in 1954 by author Studs Terkel. Today, the tree-lined streets and easygoing atmosphere, within an easy commute of Chicago, make this a very attractive place to live. The City of Park Forest is also known for its annual "Scenic 5" 5K race.

Check out Park Forest, IL homes for sale that may include: rent to own, foreclosure, HUD, for sale by owner and more

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Top 6 Reasons to Live in Park Forest, IL

  • Small-town feeling, big-city amenities! Park Forest combines the friendly accessibility of a small town with proximity to big-city cultural activities, such as the Chicago Art Institute, major league sports teams like the Chicago Cubs and the Chicago Bears, diverse shopping areas like North Michigan Avenue and River North and hospitals like Northwestern Memorial Hospital and Rush University Medical Center.
  • It's affordable to live there! Homes in Park Forest are surprisingly affordable, given the town's proximity to some of Chicago's pricey south suburbs. The median home value in Park Forest is $76,200, which is quite a bit lower than the national average of $223,600. A couple of the most desirable neighborhoods in Park Forest are the Lincoln Highway and Western Avenue neighborhoods. Both of these have a good selection of homes for rent.
  • Good public transportation! Given its compact size, it's pretty easy to get around Park Forest. In addition, Metra commuter rail trains connect the city with points throughout Cook County and Chicago via the 211th Street and Matteson Stations.
  • Support the Arts! For a town of its relatively small size, Park Forest offers a wide variety of cultural activities. The city is home to the Illinois Philharmonic Orchestra, the Na'ama Rose Dance Center and the Illinois Theatre Company.
  • Your choice of new developments! New single-family houses and condos are springing up all over Park Forest and offer some good opportunities for those looking for rent to own homes. Two of the more popular property developments are Hunters Ridge and Kearney Glen.
  • Parks galore! As the name implies, Park Forest contains a diverse collection of parks and green spaces. The City of Park Forest owns and manages more than 400 acres of green space, as well as an aquatic center and the Tennis and Health Center. Some of the most popular parks include Central Park Wetlands and Logan Park.