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It has the same meaning as the word 'chido' but 'chilo' is used in the northern parts of Mexico. It's meaning is 'cool'
'Tus zapatos estan chilos' will be like 'Hey, your shoes are cool'
by Jose Luis Gonzalez March 28, 2006
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(Spanish. Colloquial; also feminine form "chila") From english "chill", something that is cool.
—Oye, vato, qué chilo tu sombrero.
—Oh, gracias.

—Hey, dude, cool hat.
—Oh, thanks.
by hectormgerardo November 26, 2018
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Pronounced: che low
A massive dump. Large crap. Butt explosion
A chilo is a dump so strong that it splashes the bottom of the toilet rim.
by Hilltop Terrace June 26, 2007
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