1027 S Chicago Ave · Apartment for Rent

Property Status: Active Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Updated 2-story home with 3-bedroom and 2-bathrooms with main floor laundry! Features include new vinyl plank flooring, updated bathroom, vinyl windows on main floor, and 100-amp electrical service. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $175,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity. Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.