Search all the latest Rent to Own Homes in Braceville, IL. There are more than 5 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 Braceville, IL will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 5 rent to own homes currently on the market, below.
Braceville is a village in Will County, Illinois, United States, with a portion in Grundy County. The population was 793 at the 2010 census.
Braceville was founded under the name "Sulphur Springs" by Reverend L. S. Robbins in 1834. In 1848, after Robbin's death, the town elected its first official supervisor, B. R. Dowd, who changed the name to Braceville after his home town of Braceville, Ohio. When coal was discovered in the region, residents became interested in the mining industry. However, no mines have ever been opened, and gradually, the town shifted its focus on other industries. The population has fluctuated over time, but is now growing at a steady rate.
Braceville is located at 41°13′35″N 88°15′55″W (41.226340, -88.265141). According to the 2010 census, Braceville has a total area of 2.874 square miles (7.44 km2), of which 2.81 square miles (7.28 km2) (or 97.77%) is land and 0.064 square miles (0.17 km2) (or 2.23%) is water.
As of the census of 2000, there were 792 people, 284 households, and 220 families residing in the village. The population density was 601.8 people per square mile (231.7/km²). There were 300 housing units at an average density of 228.0 per square mile (87.8/km²).
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