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Rent To Own Homes in Crescent City, IL

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5 View this home at S Grant St Crescent City IL 60928
Preforeclosure
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$105,244 EMV
S Grant St
Crescent City, IL 60928
Single-Family
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3 |
3
|
1,636
EST. RENT: $2,890
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AUCTION: 04-10-2024
Single-Family
|
3 |
3
|
1,636
Displaying 1 - 1 of 1
 
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Home Value Estimator For Crescent City, IL

There are currently 272 real estate properties in Crescent City, IL, with a median automated valuation model (AVM) price of $116,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Crescent City, 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 Crescent City, IL, is $129,016.00, with the most expensive house in Crescent City, IL, topping out at $780,200.00 and the cheapest home in Crescent City, IL, clocking in at $14,402.00. In other words, there’s something for every potential homebuyer or savvy investor in Crescent City, IL!


Rent Prices In Crescent City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Crescent City, IL, is on a rollercoaster ride. The average rent price in Crescent City, IL, is $2,080.00. Indeed, when looking to rent in Crescent City, IL, you can expect to pay as little as $950.00 or as much as $2,710.00, with the average rent median estimated to be $2,220.00. The good news is that finding an affordable and desirable property to rent in Crescent City, 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.


Top Reasons To Live In Crescent City, IL In 2024

Crescent City is located in Iroquois, Illinois, with an estimated municipal population of 556 residents. All of the best foreclosed homes for sale in Crescent City are located in the following zip code areas on Foreclosure.com: 60928. The estimated population per square kilometer (.62 miles) in Crescent City is 471.


Cost Of Living In Crescent City, IL

So, about how much do homes cost in Crescent City? The most recent median value of resident-owned homes in Crescent City is 90,831. An estimated 81.8 percent of households in Crescent City own their homes, with an average family size of 2.72. The median household income in Crescent City is 59,792, with14.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Crescent City, the median commute time of resident workers (in minutes) is 23.6. And last, but certainly not least, are you looking for homes to rent in Crescent City? If so, the average rent price paid by renters in Crescent City is 813, according to recent statistics.


Diversity And Demographics In Crescent City, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Crescent City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Crescent City is 45.8, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Crescent City is 53.8, with an average family size of 2.72.

The percentage of residents who report their race in Crescent City is as follows:

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Crescent City? Or maybe you are searching for 55+ active adult communities in and/or near Crescent City?

The percentage of residents who report their age in Crescent City is as follows:

Under 10 7.9%
Aged 10-19 9.9%
20s 14.5%
30s 12.4%
40s 13.7%
50s 13.3%
60s 9.3%
70s 11%
80+ 7.8%

Best Schools In Crescent City, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Crescent City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Crescent City.


Pros And Cons Of Living In Crescent City, Illinois

How do you know that living in -- or moving to -- Crescent City is right where you need to be? Perhaps you grew up in Crescent City or already live nearby; therefore, the decision to buy a home in Crescent City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Crescent City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Crescent City:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Crescent City.


Reasons To Move To Crescent City, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Crescent City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Crescent City, meanwhile, can field multiple offers from more qualified buyers.

Crescent City, IL Rent To Own Homes


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