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665 W Wilmot Street, Chillicothe, IL 61523

$110,000

900 sq ft
CLS# 1262390
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Unique investment opportunity to add to your portfolio! Commercial lot with current cash flow and future upside.

This C-2 zoned property on over half an acre includes an updated single-family rental home plus additional income from existing mobile home lot rentals. While no additional mobile homes may be added, the property offers strong potential as a long-term commercial investment with interim income already in place. Ideal opportunity for an investor looking to offset holding costs while planning for future redevelopment, commercial use, or repositioning. All tenants have their own Ameren meters and water lines have a submeter system installed for easy billback of water and sewer usage. Single Family home is a 2 bed, 1 bath with recent updates: roof, flooring, tile shower, drain line, water lines, furnace, water heater and a light kitchen remodel within the last 3 years. House rents for $975 and the 3 lots rent for $250 each.

Property Details

City
Chillicothe
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
C2
Square Ft.
900
Avail Square Ft.
900
Acres
0.57
Apx Lot Size
175 x 142

Features

Roofing
  • Composition Shingle
Heating/Cooling
  • Natural Gas
  • Wall Furnace
Water/Sewer
  • Municipal/City

Financials

2024 Taxes
2617.18
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Jessica Ball, as of 05/15/2026 15:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.