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Overview
The Willis Tower of Chicago is the largest building in the United States. This city in the NE of Illinois draws most newcomers relocating to the state. Other cities like Springfield and Peoria also have a lot to offer and are increasing in popularity each year.
Known as “The Prairie State” Illinois has a few rivers and water streams but consists mostly of prairie lands. This leaves residents with their choice of things to do, as long as a boat or swimsuit is not involved! Over 12.7 million people live in the state, with nearly three million located in Chicago.
Outdoor enthusiasts thrive in Illinois. The Shawnee National Forest and Cape Gireadue are located in the state, each drawing thousands of visitors each year. Illinois has four very distinct seasons, giving residents sun, snow, rain, and a dose of cool spring weather.
Foodies also have plenty to appreciate about the state. The Chicago-style hot dog is known across America, but the state is home to tons of local spots and chains sure to hit the spot with their menu items no matter what you crave.
Buying a Home in Illinois
Foreclosures are popular throughout Illinois. Tons of foreclosures can be found at any given time, giving buyers access to an affordable home almost anywhere in the state. Many homebuyers assistance programs also provide buyers a financial advantage when they are in the market.
The Illinois Housing Development Agency offers help with down payments and closing costs for low-income households as well. Check out the programs available through the agency for more options in your dreams to own a home.
No matter what your budget, the available real estate in Illinois offers something to accommodate your needs. You’ll enjoy low-cost housing prices in a state with enormous outdoor charm and a host of additional amenities.
Popular Neighborhoods in Illinois
Northbrook is a small community that families often find accommodating when relocating to Illinois. While the amenities and things to do list are tiny, families appreciate the above-average education system, low cost of living, and friendly neighbors. If you’re searching for a great small town, check out Northbrook first.
Glenview is a great neighborhood, although more expensive than Northbrook. The two areas share the same above-average education system, although you will find more opportunities in Glenview. Outdoor recreation and kid-friendly activities in Glenview entertain residents all the time.
People searching for a big-city lifestyle get what they need in Chicago. While the city has some negative points, there are many safe areas. Chicago has tons of things to see and do, great schools, and homes for every budget. Lincoln Park and Highland Park are two safe neighborhoods popular with Chicagoans.
Buying vs. Rent to Own Homes
Build credit, save money for a down payment, and better prepare to become a homeowner under a rent to own home contract. Homes offering the rent-to-own option throughout Illinois give buyers an easier option than traditional buying options that require large down payments, good credit, and closing costs.
Rent-to-own gives buyers the chance to move into the home today and buy later. Up to three years later in most cases, although this varies from contract to contract. Sign the contract, pay an option fee and a small extra fee with your monthly rent. Soon, your homeownership dreams may very well be a reality.
Cost of Living in Illinois
The cost of living in Illinois averages 5% lower rates than the national average. Housing, food, and transportation are among the cheaper amenities available in the state. This includes Illinois rent prices and home prices for buyers. Modest housing prices attract most new residents to Illinois. You can easily find an affordable home anywhere in Illinois.
Summary
Illinois has ample housing for anyone on a budget, but there are also exclusive high-income neighborhoods sprawled about the state. The state offers exceptional outdoor recreation, a low cost of living, and the option to rent-to-own a home if you are in the market to buy.
Reported Annual Crime In Illinois
| Statistic | Illinois | National |
|---|---|---|
| Violent crime | 16959 | 370388 |
| Murder | 952 | 19131 |
| Rape | 3139 | 86726 |
| Robbery | 4209 | 152431 |
| Assault | 10427 | 277038 |
| Property crime | 73401 | 1216038 |
| Burglary | 17964 | 468957 |
| Theft | 61569 | 1063593 |
| Motor vehicle | 9090 | 301970 |