Cheap Homes in Chillicothe, IL

Foreclosure Homes in Chillicothe, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Chillicothe, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Chillicothe, IL and much more. Save thousands at closing with home foreclosure listings in Chillicothe, IL — up to 75% off market value!

Top Reasons To Live In Chillicothe, IL In 2023

Chillicothe is located in Peoria, Illinois, with an estimated municipal population of 6,012 residents. All of the best foreclosed homes for sale in Chillicothe are located in the following zip code areas on Foreclosure.com: 61523. The estimated population per square kilometer (.62 miles) in Chillicothe is 440.

Cost Of Living In Chillicothe, IL

So, about how much do homes cost in Chillicothe? The most recent median value of resident-owned homes in Chillicothe is 124,430. An estimated 71.7 percent of households in Chillicothe own their homes, with an average family size of 3.16. The median household income in Chillicothe is 48,731, with21.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chillicothe, the median commute time of resident workers (in minutes) is 20.5. And last, but certainly not least, are you looking for homes to rent in Chillicothe? If so, the average rent price paid by renters in Chillicothe is 724, according to recent statistics.

Diversity And Demographics In Chillicothe, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chillicothe, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chillicothe is 40, split between 47.5 percent male versus 52.5 female. The percentage of residents who report being married in Chillicothe is 50.5, with an average family size of 3.16.

The percentage of residents who report their race in Chillicothe is as follows:

Looking for family-friendly neighborhoods in and/or near Chillicothe? Or maybe you are searching for 55+ active adult communities in and/or near Chillicothe?

The percentage of residents who report their age in Chillicothe is as follows:

Best Schools In Chillicothe, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chillicothe with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chillicothe.

Pros And Cons Of Living In Chillicothe, Illinois

How do you know that living in -- or moving to -- Chillicothe is right where you need to be? Perhaps you grew up in Chillicothe or already live nearby; therefore, the decision to buy a home in Chillicothe is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chillicothe for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chillicothe:

• What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
• What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
• What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
• What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chillicothe.

Reasons To Move To Chillicothe, Illinois, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chillicothe can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chillicothe, meanwhile, can field multiple offers from more qualified buyers.