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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Chillicothe, IL
Fix & Flip
Listed for sale 1 day ago
$ 125,000
ROI
23.6
Cash Flow/m
135- 4 Bed
- 1 Bath
- 2172 sft
22305 N Blue Ridge Rd, Chillicothe, IL, 61523
Listed for sale 4 days ago
$ 140,000
ROI
22.9Cash Flow/m
123- 3 Bed
- 1 Bath
- 1104 sft
1506 N 4th St, Chillicothe, IL, 61523
Currently Rented
$ 289,900
ROI
28.4Cash Flow/m
698- 3 Bed
- 2 Bath
- 1344 sft
15220 N Von Achen Dr, Chillicothe, IL, 61523
$ 145,000
ROI
23.0Cash Flow/m
132- 3 Bed
- 1 Bath
- 1136 sft
14812 N Richland Ln, Chillicothe, IL, 61523
Why Invest in Chillicothe, Illinois?
Investing in Chillicothe, IL presents an exciting opportunity, especially for properties under $300k. The area boasts a favorable average rental yield of 7.5% and a steady appreciation rate of 4% annually, making it attractive for both new and seasoned investors. The city's rental market is strong, with high renter-occupied rates at 65%, ensuring a steady cash flow for property owners.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home prices in Chillicothe tend to fall significantly under $300k, providing a range of options for first-time homebuyers and investors alike.
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