Search all the latest Rent to Own Homes in Crystal Lake, IL. There are more than 86 rent to own homes currently on the market. Try out homes and neighborhoods without the buying commitment by choosing a rent to own property. It’s a simple process with the homeowner, you start out as a renter, and then purchase the property when you're financially ready to apply for a home loan with a local bank. The rent-to-own process allows new home buyers with poor credit scores, or who lacks the down-payment required by the bank, the opportunity to live in their home while working on improving their credit and saving funds.
Remember, not all sellers in Crystal Lake, IL will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 86 rent to own homes currently on the market, below.
Crystal Lake is a city in McHenry County in the U.S. state of Illinois. Named after a lake 1.6 miles (2.6 km) southwest of the city's downtown, Crystal Lake is 45 miles northwest of Chicago. The population was estimated at 39,829 in July 2019, a 2.3% decrease from 2010. Crystal Lake is the largest city in McHenry County, part of the Chicago metropolitan area.
The City of Crystal Lake traces its origin to two separate communities which were established in the 1800s. Those communities were generally known as Nunda and Crystal Lake. In 1835, Ziba S. Beardsley had come to the shores of the lake and commented that the "waters were as clear as crystal", thereby giving the lake its name. Ziba Beardsley continued south to Naperville. In February 1836, the first white settlers, Beman and Polly Crandall and six of their ten children, came from New York State traveling to Crystal Lake in a covered wagon. Their original cabin was built in the vicinity of today's intersection of Virginia Street and Van Buren Street. Four of the Crandall children were born there.
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