38

Investment - Homes for Sale in Springfield, IL

Section Image Section Image
  • /30

    $849,900

    • 8 Beds
    • 10,800 Sq Ft

    2309 W Lawrence Ave, Springfield, IL 62704

    Well-Maintained 12-Unit Apartment Complex – Excellent Westside Location!This all-brick, 12-unit apartment complex features two buildings, each with 6 spacious units, close to restaurants, offices, and shopping.The property has been well cared for and thoughtfully updated over the years. Recent improvements include:Several new HVAC systems.New flooring and fresh paint in turnover units.Updated

    Agent Photo

    Julie Davis

    The Real Estate Group, Inc.

    (217) 627-6905

    2309 W Lawrence Ave, Springfield, IL 62704
  • /25

    $799,800

    • 8 Beds
    • 6,180 Sq Ft

    2510 & 2518 W Jefferson St, Springfield, IL 62702

    Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5

    Debra Sarsany The Real Estate Group, Inc.

    2510 & 2518 W Jefferson St, Springfield, IL 62702
  • /18

    $74,900

    • 3 Beds
    • 1 Bath
    • 950 Sq Ft

    2800 E Keys Ave, Springfield, IL 62702

    Currently rented for $875, this north end home would make a great addition to your investment portfolio. Please allow 24 hours notice for tenant.

    TRACIE TAYLOR RE/MAX Professionals

    2800 E Keys Ave, Springfield, IL 62702
  • /2

    $5,000

    • Land
    • 0.09 Acre
    • $55,556 per Acre

    1401 Enterprise St, Springfield, IL 62702

    Build your next home or investment property on this residential lot located at 1401 Enterprise St in the heart of Springfield. Conveniently situated with easy access to local shopping, schools, dining, and major roadways, this parcel offers a great opportunity for builders, investors, or buyers looking to construct a custom home. Utilities nearby (buyer to verify all connections, zoning, and

    Tatiane De-Souza Coldwell Banker Brown Realtors

    1401 Enterprise St, Springfield, IL 62702
  • /18

    $72,000

    • Land
    • 0.29 Acre
    • $248,276 per Acre

    4615 Tess Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4615 Tess Dr, Springfield, IL 62711
  • /9

    $19,900

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft

    2428 N 15th St Unit 1, Springfield, IL 62702

    Fixer Upper with great investment potential in a good neighbourhood. Ideał as a first time home or rental property

    Henry Torn List With Freedom.com

    2428 N 15th St Unit 1, Springfield, IL 62702
  • /14

    $50,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    2216 S 13th St, Springfield, IL 62703

    Great opportunity in Springfield! This 2-bedroom, 1-bath home is conveniently located near local hospitals, downtown, shopping, and dining, offering easy access to many of the city’s key amenities. The property features a functional layout with spacious living areas, three comfortable bedrooms, and two full bathrooms. Whether you’re looking for an investment property to add to your portfolio or a

    Rick Wiese Wiese Properties Powered By Keller Williams

    2216 S 13th St, Springfield, IL 62703
  • /18

    $72,000

    • Land
    • 0.3 Acre
    • $240,000 per Acre

    4611 Boone Dr, Springfield, IL 62711

    This completely build-ready, duplex corner lot is in the exciting Sloan Crossing on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient access to west-end amenities while maintaining a quiet, residential setting on the outskirts of town. Zoned for attached single-family use, this lot presents a

    Kyle Killebrew The Real Estate Group, Inc.

    4611 Boone Dr, Springfield, IL 62711
  • /18

    $74,000

    • Land
    • 0.31 Acre
    • $238,710 per Acre

    4627 Boone Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4627 Boone Dr, Springfield, IL 62711
  • /32

    $98,900

    • 2 Beds
    • 1 Bath
    • 729 Sq Ft

    3416 S Lincoln Ave Unit 1, Springfield, IL 62704

    Charming 2-bedroom home situated on a quiet cul-de-sac on a large fenced lot, just minutes from all the West side conveniences. New Roof and Garage Door 2025. Inside, you'll find a bright eat-in kitchen, complete with stove and refrigerator, along with a convenient laundry/mud room. Washer and dryer are included. Enjoy the privacy of the expansive fenced yard while being close to shopping,

    Lori Smith RE/MAX Professionals

    3416 S Lincoln Ave Unit 1, Springfield, IL 62704
  • /2

    $67,000

    • 2 Beds
    • 1 Bath
    • 1,116 Sq Ft

    1104 N 13th St, Springfield, IL 62702

    Great opportunity in Springfield! This 2-bedroom, 1-bath home is conveniently located near local hospitals, downtown, shopping, and dining, offering easy access to many of the city’s key amenities. The property features a functional layout with spacious living areas, three comfortable bedrooms, and two full bathrooms. Whether you’re looking for an investment property to add to your portfolio or a

    Rick Wiese Wiese Properties Powered By Keller Williams

    1104 N 13th St, Springfield, IL 62702
  • /40

    $250,000

    • 5 Beds
    • 2,660 Sq Ft

    910 S 2nd St, Springfield, IL 62704

    Excellent investment opportunity with this fully updated two-story property featuring two separate units—ideal for rental income or multi-generational living. Each unit offers its own private living space with open-concept layouts connecting the living and dining areas, creating a functional and inviting flow. The main floor unit includes two bedrooms and two full bathrooms, while the upper unit

    Ketki Arya The Real Estate Group, Inc.

    910 S 2nd St, Springfield, IL 62704
  • /2

    $75,000

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    820 N 8th St, Springfield, IL 62702

    Great opportunity in Springfield! This 3-bedroom, 2-bath home is conveniently located near local hospitals, downtown, shopping, and dining, offering easy access to many of the city’s key amenities. The property features a functional layout with spacious living areas, three comfortable bedrooms, and two full bathrooms. Whether you’re looking for an investment property to add to your portfolio or a

    Rick Wiese Wiese Properties Powered By Keller Williams

    820 N 8th St, Springfield, IL 62702
  • /18

    $72,000

    • Land

    4610 Tess Dr, Springfield, IL 62711

    This awesome corner duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached

    Kyle Killebrew The Real Estate Group, Inc.

    4610 Tess Dr, Springfield, IL 62711
  • /18

    $72,000

    • Land
    • 0.29 Acre
    • $248,276 per Acre

    4619 Boone Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4619 Boone Dr, Springfield, IL 62711
  • /18

    $72,000

    • Land

    4614 Tess Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4614 Tess Dr, Springfield, IL 62711
  • /18

    $72,000

    • Land
    • 0.29 Acre
    • $248,276 per Acre

    4618 Tess Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4618 Tess Dr, Springfield, IL 62711
  • /2

    $4,500

    • Land

    1521 E Matheny Ave, Springfield, IL 62702

    Build your future home or investment property on this 6,800 sq ft residential vacant lot located in Springfield, Illinois. This parcel is conveniently situated within city limits and is ideal for a single-family residence or long-term hold. Utilities are available nearby. Affordable land like this is becoming harder to find-especially at this price point. Whether you're a builder, investor, or

    Henry Torn List With Freedom.com

    1521 E Matheny Ave, Springfield, IL 62702
  • /18

    $72,000

    • Land
    • 0.32 Acre
    • $225,000 per Acre

    4611 Tess Dr, Springfield, IL 62711

    This awesome corner duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached

    Kyle Killebrew The Real Estate Group, Inc.

    4611 Tess Dr, Springfield, IL 62711
  • /18

    $72,000

    • Land
    • 0.29 Acre
    • $248,276 per Acre

    4622 Boone Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4622 Boone Dr, Springfield, IL 62711
  • /21

    $120,000

    • 3 Beds
    • 1.5 Baths
    • 1,456 Sq Ft

    1529 E Edwards St, Springfield, IL 62703

    Affordable Homeownership Opportunity in Springfield offered by Growth International with the use of HOME Investment Partnership funds provided by the City of Springfield through the U.S Department of Housing and Urban Development! This beautifully remodeled 3-bedroom, 1.5-bathroom home is move-in ready. Featuring updated finishes with new windows, new HVAC, new flooring, new appliances, new

    LaDonna Wilson Keller Williams Capital

    1529 E Edwards St, Springfield, IL 62703
  • /11

    $70,000

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    905 N Wesley St Unit 1, Springfield, IL 62702

    Great opportunity in Springfield! This property is perfect for investors or buyers looking to add value. Featuring a solid layout and strong potential, this home is ready for your finishing touches. Whether you're looking for your next flip, rental, or a project to make your own, this property offers plenty of upside. Conveniently located near local amenities, schools, and major roadways. Sold

    Keri Hir Keri Hir

    905 N Wesley St Unit 1, Springfield, IL 62702
  • /18

    $72,000

    • Land
    • 0.29 Acre
    • $248,276 per Acre

    4618 Boone Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4618 Boone Dr, Springfield, IL 62711
  • /30

    $680,000

    • 2 Beds
    • 7,692 Sq Ft

    520 E South Grand Ave, Springfield, IL 62704

    Listed under appraised value! This well-maintained 3-story historic brick apartment building is an amazing investment opportunity, featuring 12 fully furnished 1-bedroom units. Each apartment comes move-in ready with a complete furniture package including living room and bedroom sets, kitchen essentials, and flat-screen TVs—making it ideal for both long-term tenants and short-term rental

    Debra Sarsany The Real Estate Group, Inc.

    520 E South Grand Ave, Springfield, IL 62704
  • /11

    $67,000

    • 2 Beds
    • 1 Bath
    • 831 Sq Ft

    1617 E Matheny Ave, Springfield, IL 62702

    Investment Opportunity Near Lanphier High School! Great opportunity to own an affordable investment property on Springfield’s north side, just steps from Lanphier High School and minutes from downtown, shopping, and medical facilities. This residential property is well-suited for an investor looking to build rental income or a homeowner wanting to put in a little TLC and add value. Featuring

    Rick Wiese Wiese Properties Powered By Keller Williams

    1617 E Matheny Ave, Springfield, IL 62702
  • /8

    $44,000

    • 2 Beds
    • 1 Bath
    • 856 Sq Ft

    1838 S 19th St, Springfield, IL 62703

    Check out this 2 bedroom home with plenty of potential to make this your own or watch the money flow from your new investment.

    Andrew Kinney The Real Estate Group, Inc.

    1838 S 19th St, Springfield, IL 62703
  • /21

    $160,000

    • 3 Beds
    • 2,000 Sq Ft

    817 E Stanford Ave, Springfield, IL 62703

    This awesome, affordable investment is the perfect three unit package to add to your rental portfolio! With three units on the same parcel, you can reduce your property tax implications while maximizing rent profits! The single family home saw a complete remodel from the studs out, in the last 4 years. Roof, siding, windows, HVAC, drywall, fixtures, flooring, Kitchen, Bath, THE WORKS! Long term

    Joshua Kruse The Real Estate Group, Inc.

    817 E Stanford Ave, Springfield, IL 62703
  • /2

    $8,000

    • Land
    • 0 Acre

    1132 N 3rd St, Springfield, IL 62702

    Explore the possibilities with this buildable land property located in Springfield, IL. Situated in a convenient location, this parcel offers ample potential for development or investment. With easy access to local amenities and major routes, seize the opportunity to create something special in this area. Don't miss out on this chance to score this deal that wont last long.

    Misael Chacon Beycome brokerage realty LLC

    1132 N 3rd St, Springfield, IL 62702
  • /19

    $119,900

    • 5 Beds
    • 2,070 Sq Ft

    2339 S 10th St, Springfield, IL 62703

    Attention all investors, come check out this great triplex investment opportunity. Electric paid by tenants, has separate meters. Landlord pays for gas, water, & trash. This has great potential of generating income. Located in Harvard Park.

    Jerry George The Real Estate Group, Inc.

    2339 S 10th St, Springfield, IL 62703
  • /3

    $64,900

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    2238 E Stuart St, Springfield, IL 62703

    Adorable starter home or great investment! Same wonderful renter for the last 20 years and would love to stay! Two bedroom, one bathroom - very solid home and well cared for! Updates: 2025- refrigerator, range/oven. 2022- Furnace. Vinyl siding, concrete walkway, driveway and roof all under 9 years old! A very large fenced in back yard and 2 car detached garage. Don't miss out! Being sold AS-IS.

    Jerry George The Real Estate Group, Inc.

    2238 E Stuart St, Springfield, IL 62703
  • /2

    $13,000

    • Land
    • 0 Acre

    1119 N 11th St, Springfield, IL 62702

    Rare opportunity in Springfield! two lots included for the price of one! This property offers exceptional potential for homeowners, builders, or investors looking for extra space, future development options, or expanded yard area. Conveniently located near downtown, shopping, schools, and major roadways, the location provides easy access to everyday amenities while offering added flexibility not

    Tatiane De-Souza Coldwell Banker Brown Realtors

    1119 N 11th St, Springfield, IL 62702
  • /26

    $125,000

    • 2 Beds
    • 1 Bath
    • 1,332 Sq Ft

    236 N English Ave, Springfield, IL 62702

    Welcome to 236 N English Ave, a charming home located in the heart of Springfield. This property offers a functional layout with comfortable living spaces and plenty of natural light throughout. Conveniently situated near local amenities, schools, shopping, and dining, this home provides easy access to everything Springfield has to offer. Whether you’re looking for a primary residence or an

    Matt Garrison The Real Estate Group, Inc.

    236 N English Ave, Springfield, IL 62702
  • /2

    $49,500

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    2517 S 10th St, Springfield, IL 62703

    This darling 2br 1ba property in the Harvard Park neighborhood is currently an investment with steady rental history & convenient access to interstates, schools & every side of town. Updates since its full 2016 renovation include newer flooring & continued mechanical upkeep, keeping this one in rentable, reliable & loveable condition. You'll find both plumbing & electrical components that have

    Kyle Killebrew The Real Estate Group, Inc.

    2517 S 10th St, Springfield, IL 62703
  • /25

    $49,900

    • 2 Beds
    • 1 Bath
    • 729 Sq Ft

    2160 S 14th St, Springfield, IL 62703

    Great opportunity to own this 2 bedroom home! Whether you are looking for affordable living or an investment property, this will fit your needs. New roof in 2024. The large backyard adds plenty of space for enjoying the Spring weather around the corner! Don't wait to check this one out!

    KC SULLIVAN The Real Estate Group, Inc.

    2160 S 14th St, Springfield, IL 62703
  • /18

    $72,000

    • Land
    • 0.29 Acre
    • $248,276 per Acre

    4623 Boone Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4623 Boone Dr, Springfield, IL 62711
  • /24

    $95,000

    • 2 Beds
    • 1 Bath
    • 828 Sq Ft

    2277 E Converse St Unit 1, Springfield, IL 62702

    Welcome to 2277 E Converse Ave...an effortless, turn-key addition to your investment portfolio! This charming 2 bed, 1 bath home has been thoughtfully updated and is ready to generate income from day one. Recent improvements in 2022 include fresh paint, updated flooring, modern fixtures, and new hardware. Even more impressive, the property was completely gutted to the studs in 2004, offering

    Matt Garrison The Real Estate Group, Inc.

    2277 E Converse St Unit 1, Springfield, IL 62702
  • /4

    $85,000

    • Land
    • 0 Acre

    4623 August Ct, Springfield, IL 62711

    If you're looking for the best possible build site in a super desirable subdivision, you've found it! Whether you're ready to build tomorrow or in 5 years this is a solid investment opportunity for a custom build home or a spec home. This lot is one of the larger lots in Sloan Estates, sits at the end of a cul-de-sac and offers beautiful sunset views. Located less than 15 minutes from nearly

    Jim Fulgenzi RE/MAX Professionals

    4623 August Ct, Springfield, IL 62711
  • /18

    $74,000

    • Land
    • 0.31 Acre
    • $238,710 per Acre

    4626 Boone Dr, Springfield, IL 62711

    This awesome duplex lot in the exciting Sloan Crossing is completely build-ready on the west side of Springfield! Located near Salem Estates & Olde Bradfordton Place, this growing community is in Pleasant Plains Schools & offers convenient, cost-effective Springfield utilities & amenities while maintaining a quiet, country-view setting on the outskirts of town. Zoned for attached single-family

    Kyle Killebrew The Real Estate Group, Inc.

    4626 Boone Dr, Springfield, IL 62711

Home Trends in Springfield, IL

Housing Trends

Median Sale Price
$185,000
Median Single Family Sale Price
$183,500
Median 2 Bedroom Sale Price
$95,000
Median 1 Bedroom Sale Price
$62,000
Average Price Per Sq Ft
$106
Number of Homes for Sale
57
Last 12 months Home Sales
810
Months of Supply
0.80
Median List Price
$180,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%
How to Buy a Home How to Finance a Home How to Sell a Home