rent to own home - Chicago, IL - a commercial property

Commercial for sale by owner in Chicago, IL 60622. Unusual 2 building configuration (4,000SF main bldg & two level "coach house") on 27x125 lot with a side-street fenced & gated ct. yard (with automatic overhead rolling gate). Our block is now changing rapidly. The several new ($1M+) mixed-use condominium buildings across the street that were built & foreclosed empty in 2009-2011 are coming back online, selling or renting units and leasing storefronts. We've been fully leased-up since the acquisition and rehab of our histo...This Chicago, IL rent to own home is a commercial property with , beds and 8 baths. To learn more about this rent to own home or other rent to own homes, make sure to click on the tabs above.

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID225686539
Living Area (sqft)5,500
Property TypeCommercial

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