The current scale of plastics production and the attendant waste disposal issues represent an underexplored opportunity for chemically recyclable polymers. Typical recyclable polymers are subject to the trade-off between the monomer's polymerizability and the polymer's depolymerizability as well as insufficient performance for practical applications. Herein, we demonstrate that a single atom oxygen-by-sulfur substitution of relatively highly strained dilactone is an effective and robust strategy for converting the "non-recyclable" polyester into a chemically recyclable polymer by lowering the ring strain energy in the monomer (from 16.0 kcal mol-1 in dilactone to 9.1 kcal mol-1 in monothiodilactone). These monothio-modification monomers enable both high/selective polymerizability and recyclability, otherwise conflicting features in a typical monomer, as evidenced by regioselective ring-opening, minimal transthioesterifications, and quantitative recovery of the pristine monomer. Computational and experimental studies demonstrate that an n→π* interaction between the adjacent ester and thioester in the polymer backbone has been implicated in the high selectivity for propagation over transthioesterification. The resulting polymer demonstrates high performance with its mechanical properties being comparable to some commodity polyolefins. Thio-modification is a powerful strategy for enabling conversion of six-membered dilactones into chemically recyclable and tough thermoplastics that exhibit promise as next-generation sustainable polymers.