8719 S Honore St, Chicago, IL 60620

Beautifully rehabbed Cape Cod featuring 4 bedrooms, 2 bathrooms, and a finished basement. We are offering this home primarily as a Lease Option (Rent-to-Own) or Land Contract (Installment Sale). This stunning home includes 3 bedrooms above grade and 1 bedroom below grade, along with 3 fully updated bathrooms. The living and dining areas feature brand-new vinyl plank flooring, and the finished basement includes a spacious family room with new flooring as well. The kitchen has been completely renovated with: Top-of-the-line stainless steel appliances New 42-inch cabinets Elegant quartz countertops Additional updates include all new light fixtures, windows, and a beautifully finished basement. The property also comes with a 2-car garage and extra storage space. We Offer TWO Options: Lease Option (Rent to Own) or Land Contract 1) Lease Option (Rent to Own / Lease with Option to Purchase) 2-year Lease with a 2-year Option Period (1-year extension possible) Option Price: $345,000 Monthly Rent: $2,900 Lease Option Fee: 3.5% 5% of the Option Price (applied as part of your down payment at closing when the option is exercised) $200 monthly rent credit applied toward the purchase price No Security Deposit and No Move-in/Move-out Fee Tenant/Buyer responsible for all minor repairs (owner handles structural issues) No Smoking, No Pets Tenant/Buyer pays all utilities, including water Tenant/Buyer maintains front and back yard 2) Land Contract (Installment Sale) Purchase Price: $345,000 Minimum Down Payment: 5% ($17,250) Interest Rate: 8.5% Estimated Monthly P&I: ~$2,653 Buyer also pays property taxes and homeowner's insurance. 3) Regular Lease (Only available if we do not find a Lease Option Tenant/Buyer) Monthly Rent: $2,800 Security Deposit: $1,400 Move-in Fee: $1,400 Tenant responsible for front/back yard maintenance & snow removal No Smoking, No Pets Tenant pays all utilities, including water