Rent to own Homes in West Chicago, IL
Located in Northern Illinois' DuPage county, the city of West Chicago is home to 27,086 people. Known as "Where History and Progress Meet," West Chicago was founded in 1855 by railroad president John B. Turner. Turner established the town, originally called Junction, to accommodate the first railroads that passed through Illinois. Today, West Chicago is a favorite of businesses and residents. The city has a rich history and welcoming sense of community,
West Chicago, IL is a great place for affordable rent-to-own homes! With a median household income of over $77,098 and a median rent of $1,130, the West Chicago, 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 West Chicago, 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.
More West Chicago, IL Property Resources
Rent to own Homes in Cities Near West Chicago, IL
- Addison
- Barrington
- Barrington Hills
- Batavia
- Bensenville
- Berkeley
- Boulder Hill
- Bull Valley
- Campton Hills
- Carpentersville
- Clarendon Hills
- Deer Park
- Des Plaines
- Downers Grove
- Dundee
- East Dundee
- Elgin
- Elk Grove Village
- Elmhurst
- Fox Lake
- Fox River Grove
- Glendale Heights
- Grayslake
- Hainesville
- Hampshire
- Hawthorn Woods
- Holiday Hills
- Indian Creek
- Kildeer
- Lake Barrington
- Lake in the Hills
- Lakemoor
- Lincolnshire
- McCullom Lake
- Mettawa
- Mundelein
- North Barrington
- Northbrook
- Palatine
- Pingree Grove
- Port Barrington
- Riverwoods
- Round Lake
- St. Charles
- Trout Valley
- Volo
- Wauconda
- West Chicago
- West Dundee
- Woodridge
Neighborhoods in West Chicago, IL
Woodland rent to own homes West Chicago Library District rent to own homes East Washington Historic District rent to own homes Bolle's East rent to own homes Dupage Highlands rent to own homes Cornerstone Lakes rent to own homes Turner Junction Historic District rent to own homes West Grove rent to own homes Hillside rent to own homes West Chicago rent to own homesBuying a Home in West Chicago, IL
West Chicago, IL is seeing rapid growth and West Chicago, IL's' housing market remains not optimal with an average home price that is 14% above the 2024 national average. West Chicago, IL is part of DuPage 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 DuPage is 1.71% which is above the national average, which is 0.99%.
Median Home Price in West Chicago, IL
Median Rent in West Chicago, IL
Top 5 Reasons to Live in West Chicago
Rising home values! The real estate market in West Chicago is on the rise. House values have increase 10 percent over the past year, and analysts expect to see continued growth, though at a slower pace. Now would be a good time to search for rent to own opportunities before prices go up. Townhouses are especially popular in West Chicago, with a number on the market located near Pheasant Trail and Orchard Court.
Lots and lots of golf! Anyone who likes to take to the greens will love living here. Prairie Landing Golf Club, at the south end of DuPage County Airport, is a Robert Trent Jones Jr. course. St. Andrews Golf and Country Club and Old Wayne Golf Club welcome players to the north part of town. Yes, there are plenty of places to challenge your skill level around West Chicago.
Affordable rental housing! With 33 percent of the city living in rental units, and given its proximity to the city, it's no wonder the rates here are more affordable than busier areas in Chicagoland. The median rent runs under $900 and includes properties with nice amenities like Timber Lakes Apartments on Kings Circle or Riverwoods Apartments on Lorlyn Drive.
Acres and acres of green space! The community is peppered with local parks and open green space that give it an open feel not experienced in more fully-developed towns. West Chicago Prairie Forest Reserve is a huge green area right in the middle of town. Nearby Reed-Keppler Park has multiple ball fields and other recreation opportunities. Next door, find Turtle Splash, the park district's fantastic water park.
Great local restaurants! John and Tony's on North Ave. is known for exceptional fare, most notably their brunch menu. Changarro Restaurant on South Neltnor is known for tasty Mexican food and a fantastic drink menu. For a hearty breakfast, visit Eggyolk Cafe, also on South Neltnor. Scooby's Red Hots III on East North Ave. is a great choice for a Chicago-style hot dog.