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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 1 day ago
$ 274,900
ROI
30.3
Cash Flow/m
809- 4 Bed
- 3 Bath
- 2238 sft
1603 W Holland Ct, Chillicothe, IL, 61523

Listed for sale 1 day ago
$ 144,900
ROI
22.6
Cash Flow/m
114- 4 Bed
- 2 Bath
- 1652 sft
1206 N Santa Fe Ave, Chillicothe, IL, 61523

$ 259,000
ROI
19.8
Cash Flow/m
6- 3 Bed
- 3 Bath
- 3344 sft
3302 E Cedar Hills Dr, Chillicothe, IL, 61523

Fix & Flip
$ 179,900
ROI
23.0
Cash Flow/m
160- 4 Bed
- 3 Bath
- 2319 sft
1219 N 4th St, 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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