Is there a method, combination of tools or a tool which can achieve the same as the Feature to Polygon tool?
I want to get the same result just like I would use that tool.
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If you don't have an Advanced license then ET GeoWizards is the next best thing to use. The conversion tools are free
You can use QGIS - free! Somewhere in the toolbox there's be a tool for it - just do a search for "polygon" - I think it's called "line to polygon".
QGIS has a very large number of advanced tools that are only available in the super-expensive ArcGIS (or with addons). In fact it's useful to keep around even if you have an ArcGIS Advanced license.
You may want to check out Spatial Ecology tools as well at http://www.spatialecology.com/htools/tooldesc.php