As the capital city of the Prairie State, Springfield, Illinois might not be the first place that comes to mind for real estate investment. However, Springfield offers many advantages that make it a sound option for savvy investors. When compared to national averages and even some Midwestern metros, Springfield is highly affordable.
And, even though Springfield's history is intertwined with state government, the city's economy has diversified in recent years. Major employers include HSHS Saint John's Hospital and insurance companies like Horace Mann Educators Corporation create a stable job market, resulting in a consistent pool of potential tenants and a lower risk of vacancy.
Areas like Brookside Village or The Gables feature well-maintained single-family homes and a family-friendly environment. Currently revitalizing its downtown with museums like the Abraham Lincoln Presidential Library and Museum, the city attracts tourists and fosters a vibrant atmosphere. With a long-term perspective, investors can benefit from Springfield's potential to solidify its position as a cultural and economic center within the state.
Popular Streets in Springfield, Illinois
11th St59521$75,5241,339 Sq.Ft.5/13/202514th St57231$69,8651,212 Sq.Ft.5/1/20252nd St53132$125,0421,934 Sq.Ft.5/15/20254th St78432$117,4391,629 Sq.Ft.6/10/20255th St76132$123,4762,185 Sq.Ft.5/29/20256th St65032$123,0182,078 Sq.Ft.5/22/20257th St56422$110,5961,937 Sq.Ft.5/23/20258th St53832$101,1081,559 Sq.Ft.5/25/2025Grand Ave54732$164,8612,169 Sq.Ft.5/15/2025Walnut St55932$140,2371,749 Sq.Ft.5/27/2025All Streets in Springfield, Illinois
Lawndale Rd16N/AN/A$113,500N/A12/9/2005Lawrence Ave46032$145,9191,750 Sq.Ft.5/22/2025Lawrence Sq7N/AN/A$137,0003,000 Sq.Ft.2/27/2020Laxford Dr1943$308,8002,436 Sq.Ft.6/13/2024Leah Dr3332$296,7192,423 Sq.Ft.5/30/2025Lear Dr1832$279,5003,643 Sq.Ft.9/3/2024Ledlie Ave4521$87,8921,170 Sq.Ft.5/30/2025Leeds Dr432$178,0001,125 Sq.Ft.10/1/2021Lee St4131$134,3331,285 Sq.Ft.5/27/2025Legacy Ln1933$471,7372,929 Sq.Ft.6/13/2024Legacy Pointe Dr4N/AN/AN/AN/A8/30/2024Lehigh Dr3N/AN/A$201,000N/A8/28/2018Lejune Dr12N/AN/AN/AN/A10/31/2024Leland Ave3043$462,0743,500 Sq.Ft.5/28/2025Lemont Dr2832$202,0361,763 Sq.Ft.5/7/2025Lenhart Rd1832$316,1882,252 Sq.Ft.9/25/2024Lenox Ave3521$76,4801,017 Sq.Ft.6/3/2024Leonard St2121$132,5501,868 Sq.Ft.2/6/2025Lewis Mem Vlg6N/AN/AN/AN/AN/ALewis St8N/AN/A$165,000N/A8/26/2021Lexington Dr1084$248,6005,613 Sq.Ft.4/20/2022Liberty Dr14N/AN/AN/AN/A5/27/2025Lightfoot Dr2731$167,0481,806 Sq.Ft.8/8/2024Lilac Ln6421$83,238961 Sq.Ft.3/13/2025Lillian Dr1244$571,2504,262 Sq.Ft.10/14/2022Lily Ln932$196,3331,680 Sq.Ft.7/12/2023Lincoln Ave40932$164,4861,620 Sq.Ft.6/2/2025Lincolnshire Blvd1943$332,1672,560 Sq.Ft.7/29/2021Lincoln St3N/AN/A$152,667N/AN/ALincoln Trl7N/AN/A$210,500N/A1/25/2016Lindbergh Blvd9232$228,7402,276 Sq.Ft.2/28/2025Linden Ave1121$106,000989 Sq.Ft.12/19/2023Linden Ln3944$736,8725,356 Sq.Ft.1/11/2023Lindenwood Dr10N/AN/A$227,600N/A12/9/2019Lindsay Rd6532$335,3392,281 Sq.Ft.2/24/2025Linton Ave12N/AN/A$169,800N/A5/24/2024Lismore Ln956$687,3337,093 Sq.Ft.6/30/2021Little Ave1321$93,778968 Sq.Ft.12/2/2024Little Ct7N/AN/A$162,750N/A5/5/2023Little Eagle Dr743$331,1432,945 Sq.Ft.7/15/2024Little John Ln43N/A$207,0002,177 Sq.Ft.12/18/2024Live Oak Ln2N/AN/A$297,500N/A4/2/2024Livingston St14131$63,8991,078 Sq.Ft.3/20/2025Lobell Dr1643$315,6253,040 Sq.Ft.9/11/2017Lochridge Ln544$403,0004,780 Sq.Ft.8/30/2015Locksley Ln2932$201,2411,812 Sq.Ft.5/1/2025Logan Ave1032$84,6001,348 Sq.Ft.9/6/2024Lola Dr1763$222,0594,241 Sq.Ft.11/30/2020Lombard Ave1843$211,8571,896 Sq.Ft.8/26/2024Long Bay1343$448,7692,736 Sq.Ft.11/3/2015Long Bay Dr7N/AN/A$560,667N/A1/28/2016Longbow Ln2632$196,4231,931 Sq.Ft.3/18/2025Longfellow Dr3343$450,8443,716 Sq.Ft.7/22/2024Longleaf Ct2622$267,9231,458 Sq.Ft.5/23/2025Longview Dr3443$281,2332,171 Sq.Ft.4/24/2025Longwood Dr832$229,0002,258 Sq.Ft.10/24/2023Lookout Ln41N/A$224,000N/A4/11/2018Loose Creek Rd544$574,8004,283 Sq.Ft.8/8/2023Loraine Ave3532$184,8291,974 Sq.Ft.1/17/2025Lori Ln6N/AN/A$244,000N/A12/1/2015Lorrie Ln642$218,1672,138 Sq.Ft.9/12/2024Lost Tree Dr2243$274,8182,454 Sq.Ft.12/30/2024Louise Ln4731$99,3721,063 Sq.Ft.4/10/2025Loveland Ave4932$61,6761,520 Sq.Ft.2/27/2024Lowell Ave31232$150,0221,631 Sq.Ft.5/16/2025Lucerne Dr1742$188,6882,330 Sq.Ft.7/26/2024Lumber Ln13N/AN/AN/AN/A10/2/2024Lynhurst Rd3243$629,0633,903 Sq.Ft.10/31/2024Lynnhaven Dr4032$208,9001,818 Sq.Ft.5/30/2025Lyn St442$150,2501,745 Sq.Ft.5/5/2021Lynwood Ln932$215,2221,985 Sq.Ft.7/23/2024Lytham Dr3422$236,4411,957 Sq.Ft.12/11/2024Macarthur Blvd48532$131,2522,229 Sq.Ft.6/10/2025Macbride Rd332$252,3331,400 Sq.Ft.3/3/2011Mackenzie Pl754$654,7145,132 Sq.Ft.12/12/2024Mackinaw Ln4432$288,9092,093 Sq.Ft.9/20/2024Madeline Ct454$653,7505,060 Sq.Ft.4/18/2022Madison Pl1N/AN/AN/AN/AN/AMadison St36N/AN/A$115,6673,200 Sq.Ft.3/28/2024Magdelena1N/AN/A$148,000N/A9/29/2007Maggie Dr2543$443,6673,369 Sq.Ft.9/27/2024Magnolia Dr6231$105,0531,184 Sq.Ft.6/26/2024Makemie Ave2332$199,8262,237 Sq.Ft.7/11/2023Mallard Pointe Ct1344$401,1543,243 Sq.Ft.10/29/2024Manchester Dr3843$243,4292,409 Sq.Ft.6/18/2024Mandan Ct755$274,8573,700 Sq.Ft.6/27/2023Manhattan Dr5043$356,5802,794 Sq.Ft.4/11/2024Manor Ave3531$54,714887 Sq.Ft.8/5/2024Manor Ct1421$52,357904 Sq.Ft.11/14/2023Mansion Rd5N/AN/AN/AN/A2/4/2011Maple Ave8932$118,3891,459 Sq.Ft.5/14/2025Maple Glen Dr3N/AN/A$231,333N/A3/10/2025Maple Grv5743$505,8493,092 Sq.Ft.12/15/2022Mapleshade Ct1333$335,4622,808 Sq.Ft.5/3/2023Marchelle Ave1743$213,6252,543 Sq.Ft.8/8/2024Marco Ln8N/AN/A$221,200N/A5/16/2023Margaret Ave833$362,250N/A1/10/2020Marian Ln2632$183,8461,617 Sq.Ft.5/30/2025Marie Dr3032$161,1031,367 Sq.Ft.5/29/2024Marigold Dr1044$529,5003,628 Sq.Ft.3/25/2021857 Middleton LnBartlett, IL 60103
Estimated Value $514,000
Living Area 4,658 SqFt
Beds 3
Baths 3
Year Built 1990
Property Type Single Family
Ownership Type Individual
APN 01-04-409-016
Subdivision Weathersfield Of Bartlett Unit 2
School District School District U-46
382 Hickory LnSouth Elgin, IL 60177
Estimated Value $332,000
Living Area 1,952 SqFt
Beds 2
Baths 3.5
Year Built 2005
Property Type Single Family
Ownership Type Individual
APN 06-35-358-069
Subdivision Cambridge Bluffs
School District School District U-46
7N034 Brewster Creek CirWayne, IL 60184
Estimated Value $508,000
Living Area 3,053 SqFt
Beds 4
Baths 2.5
Year Built 1986
Property Type Single Family
Ownership Type Multiple
APN 09-01-451-005
Subdivision North Country In Wayne
School District School District U-46
5N620 Dunham Trails RdWayne, IL 60184
Estimated Value $867,000
Living Area 2,886 SqFt
Beds 4
Baths 2.5
Year Built 1987
Property Type Single Family
Ownership Type Related
APN 09-13-200-039
Subdivision Dunham Trails
School District School District U-46
1027 Blazing Star StSouth Elgin, IL 60177
Estimated Value $540,000
Living Area 2,597 SqFt
Beds 3
Baths 3
Year Built 2021
Property Type Single Family
Ownership Type Related
APN 06-36-331-006
Subdivision South Pointe Sub
School District School District U-46
32W774 Army Trail RdWayne, IL 60184
Estimated Value $1,169,000
Living Area 5,252 SqFt
Beds 4
Baths 3.5
Year Built 1987
Property Type Single Family
Ownership Type Related
APN 01-18-104-002
Subdivision Dunham North Unit 1
School District School District U-46
248 Dallas DrBartlett, IL 60103
Estimated Value $528,000
Living Area 2,420 SqFt
Beds 4
Baths 2.5
Year Built 1998
Property Type Single Family
Ownership Type Individual
APN 06-31-407-029-0000
Subdivision Westridge/Bartlett 08
School District School District U-46
249 Fieldcrest DrBartlett, IL 60103
Estimated Value $508,000
Living Area 2,911 SqFt
Beds 4
Baths 2.5
Year Built 2004
Property Type Single Family
Ownership Type Individual
APN 06-31-315-014-0000
Subdivision Bartlett Pointe 02
School District School District U-46
225 E Plum StSouth Elgin, IL 60177
Estimated Value $285,000
Living Area 1,191 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 06-35-403-012
Subdivision Truman Gilberts Plat
School District School District U-46
32W266 Pratt RdWayne, IL 60184
Estimated Value $534,000
Living Area 2,916 SqFt
Beds 3
Baths 2
Year Built 1975
Property Type Single Family
Ownership Type Individual
APN 01-18-207-002
Subdivision Guilds Sub
School District School District U-46
538 Ivory LnBartlett, IL 60103
Estimated Value $442,000
Living Area 1,849 SqFt
Beds 3
Baths 2.5
Year Built 1997
Property Type Single Family
Ownership Type Individual
APN 06-29-410-010-0000
Subdivision Amber Grove
School District School District U-46
1067 Atterberg RdSouth Elgin, IL 60177
Estimated Value $358,000
Living Area 2,079 SqFt
Beds 3
Baths 2.5
Year Built 2023
Property Type Recreational Vacant Land
Ownership Type Individual
APN 06-36-402-009
Subdivision Park Pointe Planned Development
570 Ivory LnBartlett, IL 60103
Estimated Value $421,000
Living Area 1,944 SqFt
Beds 3
Baths 2.5
Year Built 1996
Property Type Single Family
Ownership Type Individual
APN 06-29-410-002-0000
Subdivision Amber Grove 07
School District School District U-46
5N884 Dunham Trails RdWayne, IL 60184
Estimated Value $774,000
Living Area 3,634 SqFt
Beds 4
Baths 2.5
Year Built 1987
Property Type Single Family
Ownership Type Individual
APN 09-13-200-032
Subdivision Dunham Trails
School District School District U-46
414 Kingfisher RdBartlett, IL 60103
Estimated Value $715,000
Living Area 3,517 SqFt
Beds 4
Baths 2.5
Year Built 2005
Property Type Single Family
Ownership Type Related
APN 06-30-404-016-0000
Subdivision Herons Lndg 02
School District School District U-46
33W061 Rochefort LnWayne, IL 60184
Estimated Value $1,001,000
Living Area 5,097 SqFt
Beds 4
Baths 1.5
Year Built 2000
Property Type Single Family
Ownership Type Individual
APN 09-12-400-038
Subdivision Dunham Trails
School District School District U-46