Search all the latest Rent to Own Homes in Elmwood Park, IL. There are more than 109 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 Elmwood Park, IL will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 109 rent to own homes currently on the market, below.
Elmwood Park is a village in Cook County, Illinois, United States. The population was 24,883 at the 2010 census. The community has long maintained a large Italian-American population, with a more recent influx of Polish-American and Hispanic residents.
According to the 2010 census, Elmwood Park has a total area of 1.91 square miles (4.95 km2), all land. Current population is around 24,380.
Elmwood Park was incorporated as a village in early April 1914 in order to prevent annexation by the greater city of Chicago. Today one can still see evidence of a minority of landowners, or share farmers who voted for annexation to the city in 1915 by the odd chunk taken out of Elmwood Park's northeast corner, which kept the community from achieving a full square rectangular border.
At the turn of the Century, urban dwellers would take the train westward out of the harsh concrete city for family picnics at the "Elm-Wood-Park," which was an ancient "Grove of majestic 180 year old Elms" found near 72nd Ave/Harlem and Irving Park Road. Taking advantage of the park's provenance, a new cemetery was named Elmwood, while the closest train stop to both cemetery and park in unincorporated Marwood/Ellsworth became identified with the official name of "Elmwood Park." During the pressure era of incorporation a decade later, the village's founding representatives thought it most ideal to legally title the community after the stop, and after the namesake elm, which is a native, locally evolved, riparian prairie "bottomland" tree species.
As of the 2000 United States Census, there were 25,405 people, 9,858 households, and 6,525 families residing in the village. The population density was 13,328.4 people per square mile (5,135.6/km²). There were 10,150 housing units at an average density of 5,325.1 per square mile (2,051.8/km²).
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