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Preforeclosure Homes in Chillicothe, IL

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Living in Chillicothe, IL

Chillicothe, IL is a delightful small town along the Illinois River that boasts a close-knit community and a tranquil lifestyle. With ample recreational parks and local amenities, residents enjoy a rich historical charm and accessibility to larger urban areas. It is an excellent place for families and individuals looking for a peaceful yet engaging environment.

Current Market Conditions in Chillicothe, IL

The real estate market in Chillicothe is currently stable, with an increasing interest from homebuyers looking for affordable housing options. Prices remain reasonable compared to larger nearby cities, attracting first-time buyers and investors keen to tap into the potential of this growing community.

Recent trends show an uptick in renovation projects and new construction, signaling a positive outlook for future investment in the area. The demand for housing is expected to rise as more people discover the charm of Chillicothe and seek to invest in this friendly and inviting town.

Home Value Estimator For Chillicothe, IL

There are currently 4,542 real estate properties in Chillicothe, IL, with a median automated valuation model (AVM) price of $164,425.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chillicothe, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chillicothe, IL, is $197,075.00, with the most expensive house in Chillicothe, IL, topping out at $6,200,965.00 and the cheapest home in Chillicothe, IL, clocking in at $13,435.00. In other words, there’s something for every potential homebuyer or savvy investor in Chillicothe, IL!

Rent Prices In Chillicothe, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chillicothe, IL, is on a rollercoaster ride. The average rent price in Chillicothe, IL, is $1,262.00. Indeed, when looking to rent in Chillicothe, IL, you can expect to pay as little as $450.00 or as much as $2,410.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Chillicothe, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chillicothe, IL Preforeclosure Homes


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