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397 Yankee Lane, Chillicothe, IL 61523

$147,000

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4 bed | 2 full bath | 1,322 sq ft
MLS# 1265964
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Coming Soon- No Showings...Rural investment opportunity on nearly 2 acres with strong upside potential.

Estimated ARV between $250K to $280K+, depending upon finishes. This 3–4 bedroom, 2-bath ranch offers a solid main-level layout with some hardwood floors and carpet, a functional kitchen with ample cabinetry, and a standout stone fireplace in the living area. The lower level has been opened up and is ready for renovation, providing a blank slate for added living space and value creation. Situated on approximately 1.8 acres, the property features open rural views, a private setting, and two different garage/outbuilding spaces (one attached, one detached) ideal for storage, workshop use, or future improvement. Property is being sold strictly as-is, where-is. Cash buyers only. Significant deferred maintenance and cleanup required — priced accordingly. All appliances, fireplace, hot tub, generator sold as-is. Strong opportunity for buyers seeking acreage with value-add potential.

Property Details

City
Chillicothe
County
Marshall
Schools
  • Il Valley Central High District #321
Type
Residential
Style
Ranch
Fireplaces
1
Garage
  • Attached
  • Detached
  • Guest
Cars
3
New Construction
No
Bedrooms
4
Full Baths
2
Square Ft.
1,322
Livable Square Ft.
2,523
Tot Basement Square Ft.
1,322
Acres
1.83
Apx Lot Size
265 x 300
Year Built
1980

Room Levels & Sizes

BsmtLowMainUppAddlTot
Full Baths002002
Half Baths000000
BsmtLowMainUppAddl
Bedroom 114x11
Bedroom 212x11
Bedroom 312x10
Bedroom 411x11
Living Room17x11
Family Room22x19
Dining Room10x11
Kitchen14x11
Office11x6
Recreation Room22x19
Laundry11x11
Third Floor

Features

Roofing
  • Shingle
Garage/Parking
  • Attached
  • Detached
  • Guest
Basement
  • Full
  • Partially Finished
  • Walk-Out Access
  • Sump Pump
Heating/Cooling
  • Natural Gas
  • Propane Rented
Water/Sewer
  • Private
  • Septic System
Kitchen/Dining
  • Dining Formal
  • Eat-In Kitchen
Appliances
  • Dishwasher
  • Dryer
  • Range Hood
  • Range
  • Refrigerator
  • Washer
Fireplace
  • Living Room
Road/Access
  • Gravel
  • Paved

Financials

2024 Taxes
4248.38
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of eXp Realty, Shannan Werckle, as of 04/27/2026 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.