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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
Listed for sale 7 days ago
$ 149,900
ROI
24.8
Cash Flow/m
211- 3 Bed
- 1 Bath
- 1620 sft
1017 W Sunnyside St, Chillicothe, IL, 61523
Listed for sale 7 days ago
$ 195,000
ROI
22.7Cash Flow/m
158- 3 Bed
- 2 Bath
- 1310 sft
105 N Louise St, Chillicothe, IL, 61523
Listed for sale 7 days ago
$ 195,000
ROI
29.8Cash Flow/m
542- 3 Bed
- 2 Bath
- 1752 sft
12202 N Riverview Rd, Chillicothe, IL, 61523
$ 174,900
ROI
25.3Cash Flow/m
270- 3 Bed
- 2 Bath
- 1356 sft
300 N Stanley Dr, 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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