Investment - Homes for Sale in Springfield, IL

• 

  

  

  /37

  $207,000

  Pending

  • 3 Beds
  • 2 Baths
  • 1,448 Sq Ft

  2340 Grinnell Dr, Springfield, IL 62704

  Located in the desirable Westchester Subdivision, this 3-bedroom, 2-bath home is full of opportunity! Featuring a detached 2-car garage and a full basement with endless possibilities, there's plenty of room to expand your living space by creating the family room, home office, workout area, or recreation room you've always wanted. While the home is ready for your personal updates, its solid layout

  

  KIM SILTMAN

  RE/MAX Professionals

  

  2340 Grinnell Dr, Springfield, IL 62704
• Explore Springfield

• 

  

  

  /19

  $94,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 956 Sq Ft

  2229 S 6th St, Springfield, IL 62703

  Welcome home to this charming 3-bedroom, 1.5-bath bungalow in Springfield, IL! This inviting home offers a functional layout with comfortable living spaces, making it perfect for first-time buyers, downsizers, or anyone looking for a cozy place to call home. Inside, you'll find carpet flooring throughout, creating a warm and comfortable atmosphere in the bedrooms and living areas. The spacious

  

  Jessica Shaffer

  Land & Home Real Estate

  

  2229 S 6th St, Springfield, IL 62703
• 

  

  

  /24

  $94,000

  • 3 Beds
  • 2 Baths
  • 1,123 Sq Ft

  521 N Grand Ave W, Springfield, IL 62702

  Welcome to 521 W North Grand Ave! This bright and spacious home is packed with valuable updates, offering outstanding comfort and utility in a central location. The main level features stylish flooring installed downstairs (2022) creating a fresh, cohesive look throughout the comfortable living space and functional kitchen. Major big-ticket improvements provide total peace of mind, including a

  JAMI WINCHESTER The Real Estate Group, Inc.

  

  521 N Grand Ave W, Springfield, IL 62702
• 

  

  

  /19

  $259,900

  • 7 Beds
  • 3,102 Sq Ft

  4001 & 4003 Hazelcrest Rd, Springfield, IL 62703

  Great opportunity for both owner-occupants and investors! This side-by-side duplex offers two spacious units with a combined rental income of approximately $2,650 per month. Live in one side and collect rent from the other, or add both units to your investment portfolio. The left unit features 3 bedrooms, 2 full bathrooms, and a 2-car garage. Recent updates include a beautifully remodeled

  Xuna Hu The Real Estate Group, Inc.

  

  4001 & 4003 Hazelcrest Rd, Springfield, IL 62703
• 

  

  

  /18

  $215,000

  • 4 Beds
  • 1,899 Sq Ft

  206 N State St, Springfield, IL 62702

  This 3 unit building would be a great addition to anyones investment portfolio! With two units currently leased to happy residents, the largest of the bunch is vacant and open for you to strategically place your own tenant. With total incoming rents reaching $2,400/mo between the three units, this income producing investment will surely treat you right. One 2 unit with a large open living room,

  Joshua Kruse The Real Estate Group, Inc.

  

  206 N State St, Springfield, IL 62702
• 

  

  /5

  $8,000

  • Land
  • 0 Sq Ft

  001 Dirksen Pkwy, Springfield, IL 62701

  Located just off S. Dirksen Parkway, this lot offers a convenient location with potential for future investment or development opportunities. Whether you're looking to add to your investment portfolio or secure land for future possibilities, this property presents a great opportunity in a growing area.

  Jason Mueller EXIT REALTY NEW BEGINNINGZ

  001 Dirksen Pkwy, Springfield, IL 62701
• 

  /2

  $4,000

  $1K PRICE DROP

  • Land
  • 3,920 Sq Ft
  • $44,444 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
• 

  

  /29

  $90,000

  Pending

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft

  1008 N Bruns Ln, Springfield, IL 62702

  Looking for a home with great potential? This 3 bedroom, 1 bath home offers solid bones and a great opportunity to make it your own. The home is ready for some cosmetic updates, including new flooring, but could be lived in now and provides a great starting point for a buyer looking to add their own style and finishing touches. Outside, you’ll find a fenced backyard with plenty of room to enjoy,

  JAMI WINCHESTER The Real Estate Group, Inc.

  

  1008 N Bruns Ln, Springfield, IL 62702
• 

  

  /38

  $239,000

  $11K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,684 Sq Ft

  3212 Clarendon Dr, Springfield, IL 62704

  Located in the highly desirable Westchester neighborhood, this duplex presents an excellent investment opportunity. The property features an attached garage, along with access to a separate detached garage, providing added convenience and privacy for tenants. Both units also offer full basements, ideal for storage or additional functional space. Situated on Springfield’s west side, the property

  Logan Frazier The Real Estate Group, Inc.

  

  3212 Clarendon Dr, Springfield, IL 62704
• 

  

  /32

  $40,000

  • 5 Beds
  • 4 Baths
  • 2,503 Sq Ft

  1631 S College St, Springfield, IL 62704

  ATTENTION INVESTORS: Opportunity awaits in this spacious 2-story home featuring a unique floor plan with 4–5 bedrooms, 1 full bath, and 3 half baths. Offers an enclosed front porch, unfinished basement, lots of original woodwork and the vintage fireplace is still intact. New roof in 2025. The home requires significant repairs and updates but offers excellent potential for renovation, investment

  Crystal Commean RE/MAX Professionals

  

  1631 S College St, Springfield, IL 62704
• 

  

  /24

  $89,900

  • 3 Beds
  • 1 Bath
  • 977 Sq Ft

  2132 S Martin Luther King jr Dr, Springfield, IL 62703

  Turnkey, move-in ready, and full of opportunity! This beautifully updated home offers all-new flooring, lighting, a remodeled bathroom, and a new roof. All furniture shown in the photos is included, making it an effortless primary residence or potential short-term rental investment. The current owner reports averaging approximately $100 per booked night on Airbnb, offering excellent cash-flow

  Caden Clauson Keller Williams Realty - Danville

  2132 S Martin Luther King jr Dr, Springfield, IL 62703
• 

  

  /7

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,122 Sq Ft

  926 N 3rd St, Springfield, IL 62702

  Investor package opportunity in the heart of the medical district! This 3-bedroom, 2-bath bungalow offers renovation potential for an investor ready to take on a substantial project. Must be purchased together with 1518 S Spring Street, an up-down duplex, for a total of three units across two addresses. Both properties are in rough condition and require extensive renovation. Investment buyers

  JAMI WINCHESTER The Real Estate Group, Inc.

  

  926 N 3rd St, Springfield, IL 62702
• 

  

  /47

  $359,900

  Pending

  • 5 Beds
  • 3 Baths
  • 3,670 Sq Ft

  3220 Red Bud Ln, Springfield, IL 62712

  Beautifully updated & Move-In Ready! This exceptional 5-bdrm, 3 bath 2-story offers an abundance of updates, spacious living & wonderful indoor-outdoor entertaining space. From the moment you step inside you'll appreciate the care & investment that has gone into making this home truly move-in ready for YOU! Main floor offers a bedroom & full bath, perfect for guests, an office, or flex living

  Kathy Badger The Real Estate Group, Inc.

  

  3220 Red Bud Ln, Springfield, IL 62712
• 

  

  /27

  $209,000

  $10K PRICE DROP

  • 5 Beds
  • 2,665 Sq Ft

  913 S 8th St, Springfield, IL 62703

  4 unit apartment building in excellent location near hospitals and Lincoln sites. All four units have been remodeled with 1 being an efficiency, 2 units are 1 bedroom, and the final unit is a 2 bedroom. New flooring, tile, cabinets, light fixtures, freshly painted, new stove and refrigerator in each unit are just some of the many updates in this terrific investment opportunity. Off street and

  LORI SKERSTON Keller Williams Capital

  

  913 S 8th St, Springfield, IL 62703
• 

  

  /24

  $148,000

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  1936 N 21st St, Springfield, IL 62702

  1936 N 21st Street, is a newly renovated home in 2024 featuring an open floor plan with new flooring and modern trim. The kitchen shines with new finishes and fixtures. An updated bathroom rounds out this 2 bedroom home. Enjoy the privacy of a fenced backyard and a multifunctional renovated garage with an attached patio perfect for outdoor entertainment. This turn key home is not only beautiful

  Andrew Kinney The Real Estate Group, Inc.

  

  1936 N 21st St, Springfield, IL 62702
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  /32

  $190,000

  $13K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 2,031 Sq Ft

  2400 Cahokia Dr, Springfield, IL 62702

  Welcome to a home full of opportunity in the highly desirable Indian Hills neighborhood! This spacious property offers three finished levels, a walk-up attic with exceptional storage, and a flexible floor plan ready for your personal updates. The upper level has already been refreshed with new vinyl plank flooring and fresh paint, while the kitchen features stainless steel appliances. Outside,

  Andrew Kinney The Real Estate Group, Inc.

  

  2400 Cahokia Dr, Springfield, IL 62702
• 

  

  /6

  $10,000

  • Land
  • 0 Sq Ft

  2005 E Cedar St, Springfield, IL 62703

  Build your future here! This level residential lot offers an affordable opportunity for new construction, investment, or future development in an established Springfield neighborhood. Enjoy convenient access to downtown Springfield, schools, parks, shopping, dining, and major roadways. Utilities are nearby, with buyer to verify availability and connection requirements. An adjoining parcel owned

  Toynoia Briggity eXp Realty - Chicago North Ave

  2005 E Cedar St, Springfield, IL 62703
• 

  

  /31

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  2523 Ridge Ave, Springfield, IL 62702

  Welcome to 2523 Ridge Ave! This inviting 3-bedroom, 1-bath home offers approximately 1,000 square feet of living space and sits on a spacious 7,600-square-foot lot. With a practical layout and plenty of room to make it your own, this home is a great opportunity for a first-time buyer, growing household, or investor. The three bedrooms provide comfortable living space, while the full remodeled

  KEVIN CHRANS RE/MAX Professionals

  

  2523 Ridge Ave, Springfield, IL 62702
• 

  

  /38

  $174,500

  $10K PRICE DROP

  • 4 Beds
  • 1,232 Sq Ft

  1515 Maryland Ave, Springfield, IL 62702

  Move-in ready duplex offering an excellent opportunity for both investors and owner -occupants! Each side features 2 bedroom and 1 full bath, with fresh paint, newer flooring and updated kitchen finishes. All appliances are included, including the refrigerator, stove, washer and dryer. Roof on North side is new and 1 hot water new + 2 new toilets and updated bathroom finishes! Located in a quiet

  LISA HAGGERTY Keller Williams Capital

  

  1515 Maryland Ave, Springfield, IL 62702
• 

  

  /13

  $369,900

  $30K PRICE DROP Pending

  • 8 Beds
  • 2,752 Sq Ft

  824 E Ridgely Ave, Springfield, IL 62702

  This 4,500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with

  Kyle Killebrew The Real Estate Group, Inc.

  

  824 E Ridgely Ave, Springfield, IL 62702
• 

  

  /7

  $94,900

  $25K PRICE DROP

  • 6 Beds
  • 2 Baths
  • 2,338 Sq Ft

  215 N State St, Springfield, IL 62702

  There is plenty of room for everyone in this spacious two story house or add it to your investment portfolio. Don't miss this 5 or 6 bedroom, 2 bath in the heart of Springfield boasts 2338sqf home. Close to schools, shopping and downtown. The main level offers a living room, formal dining room, large kitchen, 3 bedrooms or one can be used as an office, 1 full bathroom. The upstairs has 3 bedrooms

  Jerry George The Real Estate Group, Inc.

  

  215 N State St, Springfield, IL 62702
• 

  

  /7

  $130,000

  • 2 Beds
  • 2 Baths
  • 1,746 Sq Ft

  1518 S Spring St, Springfield, IL 62704

  Bring your vision and renovation expertise! This up-down duplex offers plenty of potential for an investor prepared for a substantial rehab. Must be purchased together with 926 N 3rd Street, a 3-bedroom, 2-bath bungalow in the heart of the medical district, creating a three-unit investment package across two addresses. Both properties are in rough condition and require extensive renovation.

  JAMI WINCHESTER The Real Estate Group, Inc.

  

  1518 S Spring St, Springfield, IL 62704
• 

  

  /5

  $10,000

  • Land
  • 20,473 Sq Ft
  • $21,277 per Acre

  001 Park Ridge Rd, Springfield, IL 62703

  Nearly 1/2 acre of mostly wooded land offering possibilities. Whether you're looking for a recreational getaway, a future homesite, or an investment opportunity,

  Jason Mueller EXIT REALTY NEW BEGINNINGZ

  001 Park Ridge Rd, Springfield, IL 62703
• 

  /2

  $41,800

  Pre-Foreclosure

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  1925 E Glenn Ave, Springfield, IL 62703

  Investment opportunity with an established rental history! This tenant-occupied home offers 2 bedrooms, 1 bath, a fenced yard and detached one-car garage. Conveniently located near Bunn Park, the property is being sold in its present condition. Current interior condition and property features have not been verified by the listing broker. Buyer to perform their own due diligence. Please allow

  Megan Pressnall The Real Estate Group, Inc.

  

  1925 E Glenn Ave, Springfield, IL 62703
• 

  

  /11

  $57,700

  • 2 Beds
  • 1 Bath
  • 624 Sq Ft

  600 N Stephens Ave, Springfield, IL 62702

  This 2-bedroom, 1-bath home would make a good investment property or a home for someone who wants to make it their own.

  Jim Skeeters Keller Williams Capital

  

  600 N Stephens Ave, Springfield, IL 62702
• 

  /2

  $129,900

  Coming Soon

  • 3 Beds
  • 1.5 Baths
  • 912 Sq Ft

  3041 E Trinity Ave, Springfield, IL 62702

  Coming Soon! - Welcome to 3041 E Trinity Avenue in Springfield! This inviting property offers a wonderful opportunity to make a home your own in a convenient Springfield location. With comfortable living spaces and plenty of potential to personalize, this home is ready for its next chapter. Enjoy easy access to shopping, dining, schools, parks, and everyday conveniences while still having a

  Jennifer Coady RE/MAX Professionals

  

  3041 E Trinity Ave, Springfield, IL 62702
• 

  

  /10

  $28,500

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 616 Sq Ft

  2180 S 17th St, Springfield, IL 62703

  Unlock the potential at 2180 S. 17th St. in Springfield! This 2-bedroom, 1-bath home is ready for its next chapter and presents an excellent opportunity for investors, flippers, or buyers looking for an affordable renovation project. With solid upside potential, this property offers the chance to add value through updates and improvements. The home is in need of some TLC, and is being sold as is

  Blayton Ruberstell Chismarick Realty, LLC

  2180 S 17th St, Springfield, IL 62703
• 

  

  /8

  $164,900

  $14K PRICE DROP

  • 4 Beds
  • 2,156 Sq Ft

  843 S Glenwood Ave, Springfield, IL 62704

  Fantastic investment opportunity or owner-occupant property! This spacious duplex features two well-appointed units, each offering 2 bedrooms and 1 full bathroom with comfortable living spaces and functional floor plans. A detached garage provides convenient off-street parking and additional storage. Ideally located just a few short blocks from Washington Park, residents will enjoy easy access to

  Barbara Endzelis RE/MAX Professionals

  

  843 S Glenwood Ave, Springfield, IL 62704
• 

  

  /23

  $70,000

  • 1 Bed
  • 1 Bath
  • 1,193 Sq Ft

  1304 N 3rd St, Springfield, IL 62702

  Investment opportunity with plenty of potential! This one bedroom (possible two), one bath home is ready for a new owner to bring their vision and give it a little love. Conveniently located near local hospitals, downtown Springfield, shopping, and dining. Whether you’re looking for your next renovation project, rental property, or a home to make your own, this property offers a great opportunity

  Logan Frazier The Real Estate Group, Inc.

  

  1304 N 3rd St, Springfield, IL 62702
• 

  /2

  $35,000

  Pending

  • 2 Beds
  • 1 Bath
  • 615 Sq Ft

  31 Lilac Ln, Springfield, IL 62702

  Longtime investment property with recently vacated tenant - ideal to turn over for a profit or fix up & rent again for passive income. Fenced yard & detached garage, sold as is.

  Kyle Killebrew The Real Estate Group, Inc.

  

  31 Lilac Ln, Springfield, IL 62702
• 

  

  /23

  $109,900

  $7K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 984 Sq Ft

  1601 W Enos Ave, Springfield, IL 62702

  SELLER OFFERING $5,000 FLOORING ALLOWANCE WITH ACCEPTABLE OFFER! Welcome home to this charming and well-maintained 2 bed, 1 bath home offering comfort, convenience, and major updates! The thoughtfully designed floor plan makes great use of the space. The kitchen features stainless steel appliances, and the washer and dryer are included. Enjoy peace of mind with a brand-new furnace and central A/C

  Logan Frazier The Real Estate Group, Inc.

  

  1601 W Enos Ave, Springfield, IL 62702
• 

  

  /9

  $359,900

  $10K PRICE DROP

  • 8 Beds
  • 2,800 Sq Ft

  2811 Monmouth Ct, Springfield, IL 62704

  An excellent investment opportunity awaits you with this well maintained fourplex in a desirable west side location just west of Veterans Parkway, conveniently located near shopping, dining, and everyday amenities. Situated on a quiet cul-de-sac with low traffic, the property offers four spacious units, each approximately 1,000 square feet with a functional layout featuring two large bedrooms, a

  Kyle Killebrew The Real Estate Group, Inc.

  

  2811 Monmouth Ct, Springfield, IL 62704
• 

  

  /12

  $80,900

  Pending

  • 2 Beds
  • 1 Bath
  • 975 Sq Ft

  1039 N Franklin Ave, Springfield, IL 62702

  Investor opportunity in the heart of Springfield! This 3-bedroom, 2-bath home offers strong potential for your next rental. Conveniently located near shopping, dining, schools, and major routes, the property is well-positioned for long-term Leases and tenant appeal. With a functional layout and plenty of upside, this is a great chance to add to your portfolio or capitalize on Springfield's

  Jim Fulgenzi RE/MAX Professionals

  

  1039 N Franklin Ave, Springfield, IL 62702
• 

  /2

  $8,000

  • Land
  • 0 Sq Ft

  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
• 

  

  /23

  $165,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,620 Sq Ft

  1608 S Pasfield St, Springfield, IL 62704

  TURNKEY DUTCH COLONIAL GEM Modern updates meet historic charm! Active, successful Airbnb Superhost property with flexible layout ideal for hosting guests or continued rental investment. Fully furnished if you want! MAIN FLOOR Foyer showcases stunning ornate historic staircase and separate walk-in storage room. Cozy, sun-lit living room opens to bright kitchen complete with white cabinetry and

  Lorri Conn Keller Williams Capital

  

  1608 S Pasfield St, Springfield, IL 62704
• 

  

  /18

  $70,000

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  1901 N 10th St, Springfield, IL 62702

  Welcome to 1901 N 10th St! This 2-bedroom home offers plenty of potential and features a fenced-in yard, two porches, including a screened porch perfect for enjoying the outdoors, and a 2-car garage. With some TLC, this property could be transformed into a comfortable home or investment opportunity. Bring your ideas and make this property your own!

  Matt Garrison The Real Estate Group, Inc.

  

  1901 N 10th St, Springfield, IL 62702
• 

  

  /8

  $55,000

  Pending

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  300 S Livingston St, Springfield, IL 62703

  This property is a fantastic opportunity to add a generously cash flowing rental to your investment portfolio! The tenant has been in place for near two decades, and appropriately tends to the property like it's his own. You can rest assured that the home has been well cared for, because a happy tenant is a good tenant! No capital expenditures anticipated any time soon on this one, so you can

  Joshua Kruse The Real Estate Group, Inc.

  

  300 S Livingston St, Springfield, IL 62703
• 

  

  /11

  $55,000

  Pending

  • 2 Beds
  • 1 Bath
  • 755 Sq Ft

  2204 S 15th St, Springfield, IL 62703

  Great place to start or continue to build your investment portfolio. Newer roof! Furnace and water heater new in 2026. Gutters new in 2025, electrical panel and service to the house new in 2023. Cosmetic maintenance would go a long way!

  Andrew Kinney The Real Estate Group, Inc.

  

  2204 S 15th St, Springfield, IL 62703
• 

  /2

  $3,000

  $10K PRICE DROP

  • Land
  • 0 Sq Ft

  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
• 

  

  /40

  $265,000

  $15K PRICE DROP Pending

  • 6 Beds
  • 2,796 Sq Ft

  1428 S Lowell Ave, Springfield, IL 62704

  What an amazing opportunity! Nestled comfortably in one of Springfields oldest planned neighborhoods, historic Hawthorne Place is where you will find this classic American Foursquare duplex w/garage parking. In walking distance to Washington Park just south of downtown, this location provides quick access to I-55, downtown employers, & the medical district. There is no shortage of conveniences

  Joshua Kruse The Real Estate Group, Inc.

  

  1428 S Lowell Ave, Springfield, IL 62704

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