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Investment - Homes for Sale in Springfield, IL

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  • /2

    $104,900

    Coming Soon
    • 3 Beds
    • 1.5 Baths
    • 956 Sq Ft

    2229 S 6th St, Springfield, IL 62703

    COMING SOON! 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.

    Agent Photo

    Jessica Shaffer

    Land & Home Real Estate

    2229 S 6th St, Springfield, IL 62703
  • /45

    $189,900

    • Land
    • 7.71 Acres
    • $24,630 per Acre

    1200 Archer Elevator Rd, Springfield, IL 62711

    Develop it. Invest in it. Build your dream estate. Opportunities this versatile-and this affordable-are becoming increasingly rare on Springfield's west side. -Extensive Paved Public Road Frontage -Borders Sangamon Valley Bike Trail -All Utilities (Power, Water, Sewer) -Very Buildable: Flat, No Floodplain, No Wetlands -Excellent Subdivide & Investment Potential -Only 6 minutes from shopping

    Henry Torn List With Freedom.com

    1200 Archer Elevator Rd, Springfield, IL 62711
  • /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
  • /38

    $250,000

    • 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
  • /31

    $164,900

    Pending
    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    2043 Scarbrough Rd, Springfield, IL 62702

    Move right into this tastefully updated ranch home in Northgate, where comfort, style, and convenience come together. This home offers a functional layout featuring a spacious living room, three comfortable bedrooms, a full bathroom, and a fully renovated kitchen with the convenience of a main-floor laundry room. Recent updates include luxury vinyl plank flooring throughout, fresh interior paint,

    Khaled Hussein Keller Williams Capital

    2043 Scarbrough Rd, 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
  • /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
  • /35

    $129,000

    $21K PRICE DROP Under Contract
    • 3 Beds
    • 1 Bath
    • 1,044 Sq Ft

    730 W Ash St, Springfield, IL 62704

    Wow! Dreaming of a charming bungalow with an enormous 22 x 60 garage and a huge 60 x 200 lot right in the heart of Central West Springfield? Well here it is! 2-3BD 1BA bungalow has hardwood under carpet, formal dining room, lots of unpainted woodwork, vintage wood upper kitchen cabinets, French doors, and gorgeous vintage light fixtures. The room off the kitchen is filled with natural light and

    Roni Mohan RE/MAX Professionals

    730 W Ash 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
  • /24

    $126,900

    Pending
    • 2 Beds
    • 1 Bath
    • 1,182 Sq Ft

    1123 N Rutledge St, Springfield, IL 62702

    Turnkey Investment Opportunity or Perfect First Home! Fully updated and can be sold completely furnished, this move-in ready property is ideally located just a stone’s throw from Springfield’s major hospitals, making it well-suited for short-term or mid-term rental use. Similar furnished rentals in the area commonly command approximately $2,000–$3,000 per month, creating excellent income

    Diane Tinsley The Real Estate Group, Inc.

    1123 N Rutledge St, Springfield, IL 62702
  • /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
  • /2

    $280,000

    Pending
    • 4 Beds
    • 2,400 Sq Ft

    2112 Westchester Blvd, Springfield, IL 62704

    Add this turnkey duplex to your investment portfolio! Located in the desirable Westchester subdivision, this well maintained income producing property features two spacious units, each offering 2 bedrooms, 2 full bathrooms, and functional floor plans that appeal to a wide range of tenants. A full roof replacement was completed in 2020, providing added value and peace of mind for years to come.

    Kyle Killebrew The Real Estate Group, Inc.

    2112 Westchester Blvd, Springfield, IL 62704
  • /27

    $219,000

    • 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
  • /32

    $176,701

    Pending
    • 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
  • /26

    $89,900

    Pending
    • 2 Beds
    • 1 Bath
    • 1,304 Sq Ft

    2617 Yale Blvd, Springfield, IL 62703

    Welcome to 2617 Yale Blvd in Springfield! This charming, move-in-ready 2 Bedroom / 1 Bath Home has been extensively updated over the past several years, offering peace of mind and modern efficiency. Major improvements include a new roof (November 2024), all-new plumbing, updated electrical throughout, and a tankless water heater. During the renovation, new insulation was added to the exterior

    Wes Peterson Keller Williams Capital

    2617 Yale Blvd, Springfield, IL 62703
  • /26

    $129,999

    • 3 Beds
    • 1.5 Baths
    • 2,029 Sq Ft

    2557 S 6th St, Springfield, IL 62703

    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

    2557 S 6th St, Springfield, IL 62703
  • /21

    $139,900

    Pending
    • 2 Beds
    • 1 Bath
    • 1,282 Sq Ft

    3117 Piper Rd, Springfield, IL 62707

    From the moment you step onto the covered front porch, you'll feel right at home. Inside, fresh neutral finishes and thoughtful updates create a warm, move in ready space that complements any style. The main level offers two comfortable bedrooms and an inviting layout, while the partially finished basement expands your living space with a generous family room that's ideal for entertaining or a

    Kyle Killebrew The Real Estate Group, Inc.

    3117 Piper Rd, Springfield, IL 62707
  • /38

    $179,500

    $5K PRICE DROP Under Contract
    • 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
  • /2

    $74,900

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    2629 S Lowell Ave, Springfield, IL 62704

    Step inside this inviting 2 bedroom, 1 bath bungalow and discover a home filled with character, and opportunity. Natural light brightens the comfortable living spaces, while the efficient layout makes everyday living easy. A full unfinished basement provides excellent storage and endless potential for a workshop, hobby space, or future expansion. Outside, the detached garage adds convenience, and

    Kyle Killebrew The Real Estate Group, Inc.

    2629 S Lowell Ave, Springfield, IL 62704
  • /13

    $369,900

    $30K PRICE DROP
    • 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

    $99,900

    $20K 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
  • /49

    $190,000

    • 3 Beds
    • 1.5 Baths
    • 1,213 Sq Ft

    24 Lake Knolls Dr, Chatham, IL 62629

    Welcome home to this well-maintained 3-bedroom, 2-bath ranch nestled in the desirable Lake Knolls subdivision in Chatham. Offering comfortable one-level living, this home features a functional floor plan with spacious living areas, an attached garage, and plenty of natural light throughout. Whether you're looking for your first home, downsizing, or adding to your investment portfolio, this

    Nate Evans Nate Evans Group

    24 Lake Knolls Dr, Chatham, IL 62629
  • /44

    $280,000

    • 6 Beds
    • 2 Baths
    • 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
  • /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
  • /24

    $79,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,280 Sq Ft

    2216 E Lawrence Ave, Springfield, IL 62703

    Move right into this beautifully renovated home offering 3 bedrooms and 1 full bath on the main level, with the potential to add a second full bathroom in the basement. This home has been extensively updated and is ready for its next owner. Recent improvements include a new roof, new plumbing, new furnace, new central air conditioning, and a new water heater. The completely remodeled kitchen

    Khaled Hussein Keller Williams Capital

    2216 E Lawrence Ave, Springfield, IL 62703
  • /34

    $86,000

    $4K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,128 Sq Ft

    2516 S 10th St, Springfield, IL 62703

    Welcome to 2516 S 10th St! Step inside and discover the charm of this beautifully updated bungalow nestled in Springfield's desirable Harvard Park neighborhood. From the moment you arrive, you'll appreciate the fresh exterior updates, inviting curb appeal, and welcoming covered front porch—perfect for enjoying your morning coffee or unwinding after a long day. Offering over 1,100 square feet of

    Wes Peterson Keller Williams Capital

    2516 S 10th St, Springfield, IL 62703
  • /24

    $79,900

    Pending
    • 2 Beds
    • 1 Bath
    • 732 Sq Ft

    2417 S 1st St, Springfield, IL 62704

    Move-in ready and full of charm! Whether you're a first-time homebuyer, looking to downsize, or searching for a turnkey investment property, this 2-bedroom, 1-bath home is an absolute must-see. Enjoy peace of mind and abundant natural light thanks to updated windows throughout, alongside a tastefully updated full bathroom. Both bedrooms offer comfortable space, while the partially floored attic

    Cristi Bartolomucci RE/MAX Professionals

    2417 S 1st St, Springfield, IL 62704
  • /10

    $40,500

    $3K 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

    $109,900

    $7K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 984 Sq Ft

    1601 W Enos Ave, Springfield, IL 62702

    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 installed in July 2026. Outside, you’ll find an extra-deep lot

    Logan Frazier The Real Estate Group, Inc.

    1601 W Enos Ave, Springfield, IL 62702
  • /32

    $124,900

    Pending
    • 3 Beds
    • 1 Bath
    • 900 Sq Ft

    1417 S State St, Springfield, IL 62704

    Welcome to this beautifully renovated 3-bedroom, 1-bath home that blends modern updates with everyday comfort. From the moment you step inside, you'll appreciate the bright and inviting living spaces featuring fresh paint, luxury vinyl plank flooring, new carpet, stylish light fixtures, and abundant natural light. The updated kitchen comes equipped with newer appliances, while newer windows

    Khaled Hussein Keller Williams Capital

    1417 S State St, Springfield, IL 62704
  • /19

    $139,900

    $6K PRICE DROP Pending
    • 4 Beds
    • 1,870 Sq Ft

    1233 N 8th St, Springfield, IL 62702

    This well-maintained 2bd/1ba side-by-side Duplex has undergone extensive recent updates. 2025-26 improvements include flooring, fresh interior & exterior paint, updated kitchen & bathroom features, updated plumbing, new back porches, a new front porch overhang, new blinds, 2024-roof & newer windows. Numerous enhancements designed for long-term durability & tenant appeal. This low-maintenance

    Jerry George The Real Estate Group, Inc.

    1233 N 8th St, Springfield, IL 62702
  • /11

    $42,000

    $28K PRICE DROP
    • 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
  • /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
  • /12

    $80,900

    • 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.

    Jeffrey Sklar Beycome Brokerage Realty LLC

    1132 N 3rd St, Springfield, IL 62702
  • /18

    $85,000

    • 1 Bed
    • 1 Bath
    • 668 Sq Ft

    1113 N Rutledge St, Springfield, IL 62702

    Why pay rent when you can own this darling, move-in ready 1-bedroom home! Whether you're looking for your first home or a fantastic investment property, this one checks all the boxes. Enjoy peace of mind with a roof replaced in 2022, an updated HVAC system, freshly painted interior, updated luxury vinyl flooring, new sewer clean out and tap at the street as well as a new water line from the

    JAMI WINCHESTER The Real Estate Group, Inc.

    1113 N Rutledge St, Springfield, IL 62702
  • /36

    $129,900

    $10K PRICE DROP Pending
    • 3 Beds
    • 1 Bath
    • 1,587 Sq Ft

    3219 Butler St Unit 1, Springfield, IL 62703

    This Laketown home is full of charm. Step inside to your spacious living room with beautiful hardwood flooring. The living room opens into your kitchen where you can prepare your favorite meal and the sunroom serves as the perfect spot to enjoy your morning cup of coffee or bring your favorite plants to life. You will appreciate the recent improvements, such as new siding and gutters (2024),

    Melissa Vorreyer RE/MAX Professionals

    3219 Butler St Unit 1, Springfield, IL 62703
  • /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

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$189,950
Median Single Family Sale Price
$187,500
Median 2 Bedroom Sale Price
$109,000
Median 1 Bedroom Sale Price
$65,827
Average Price Per Sq Ft
$110
Number of Homes for Sale
94
Last 12 months Home Sales
826
Months of Supply
1.40
Median List Price
$185,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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