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$350,000

1513 N 4TH Street, Chillicothe IL, 61523

Price per sqftN/A
Property typeCommercial
Courtesy of Keller Williams Premier Realty, Listing Contact:

Overview

Active

Listed Oct 12, 2026

Updated 4 days ago

Existing income. Established footprint. Room to grow. Offered at $350,000, St. James Mobile Home Park presents a compelling investment opportunity in Chillicothe. Situated on approximately 1.02 acres, the community features 14 licensed sites, with eight income-producing residences generating $4,400 in scheduled monthly rent. Seven park-owned rentals and one lease-to-own home provide an operating foundation and flexibility for future ownership strategies. Six unoccupied sites offer potential to increase occupancy within the existing footprint, subject to verification of infrastructure, licensing, and applicable approvals. Public utilities serve the property, with water/sewer sub-metering and resident-paid electric and natural gas. Located on North Fourth Street with access to local services and the greater Peoria area, this compact community offers investors existing rental revenue and identifiable opportunities to strengthen performance and pursue growth.

Additional information

MLS® ID
PA1270977

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.02 Acres

Other Property Details

Taxes
$2,479
Tax Frequency
Annually
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Listings courtesy of RMLS Alliance as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:50 AM UTC on 10/17/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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