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Rent To Own Homes in Chicago Heights, IL

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Chicago Heights, IL Foreclosures

How much do homes sell for in Chicago Heights, IL?
The average home price is currently $195,069.
In Chicago Heights, IL, how many homes are available?
There are currently 280 active home listings available in Chicago Heights.
What’s the average rental cost in Chicago Heights, IL?
The average rental price in Chicago Heights is $1,282.
What is the most expensive home in Chicago Heights?
The most expensive home sold in Chicago Heights had a price of $25,170,450.
What is currently the cheapest priced home in Chicago Heights, IL?
The cheapest home for sale in Chicago Heights is priced at $10,646.

Living in Chicago Heights, IL

Chicago Heights is a bustling community with a rich history located just south of Chicago. The city features diverse amenities, from educational institutions to recreational parks and dining options. With its convenient transportation access, residents enjoy an urban lifestyle while maintaining a close-knit community feel.

Current Market Conditions in Chicago Heights, IL

The real estate market in Chicago Heights has shown steady growth over the past few years, with an increasing demand for affordable housing options attracting new residents and investors alike. As the city continues to develop, property values are expected to rise, making it an attractive area for real estate investments.

Current trends indicate a balance between buyers and sellers in the market, leading to competitive prices for homes. Investors are particularly interested in multi-family properties, as rental demand remains strong due to the suburb's proximity to Chicago.

Home Value Estimator For Chicago Heights, IL

There are currently 10,809 real estate properties in Chicago Heights, IL, with a median automated valuation model (AVM) price of $177,240.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chicago Heights, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chicago Heights, IL, is $195,069.00, with the most expensive house in Chicago Heights, IL, topping out at $25,170,450.00 and the cheapest home in Chicago Heights, IL, clocking in at $10,646.00. In other words, there’s something for every potential homebuyer or savvy investor in Chicago Heights, IL!

Rent Prices In Chicago Heights, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chicago Heights, IL, is on a rollercoaster ride. The average rent price in Chicago Heights, IL, is $1,282.00. Indeed, when looking to rent in Chicago Heights, IL, you can expect to pay as little as $670.00 or as much as $4,320.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Chicago Heights, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chicago Heights, IL Rent To Own Homes

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