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
Mustang Ct2N/AN/AN/A178,161 Sq.Ft.8/3/2023Mustang Rd1N/AN/AN/AN/A2/17/2015Myrtle St1321$100,000871 Sq.Ft.5/7/2025Natalie Ln3N/AN/A$222,333N/A8/12/2021Natchez Trce3443$298,3243,536 Sq.Ft.9/25/2024Natural Resources Way1N/AN/AN/AN/AN/ANavajo Dr1732$341,5292,384 Sq.Ft.1/19/2023Neil St1632$194,2861,455 Sq.Ft.5/22/2025Neptune Ave2621$144,6671,259 Sq.Ft.5/27/2025Neptune Villa932$185,8751,667 Sq.Ft.8/8/2023Newbury Ln1633$547,9333,022 Sq.Ft.11/17/2021Newcastle Ct1144$478,8183,746 Sq.Ft.8/30/2023Newport Dr1854$574,0564,987 Sq.Ft.12/5/2023New St3432$119,8402,526 Sq.Ft.5/30/2025Newtonmore Dr1243$326,5833,160 Sq.Ft.8/16/2021Niblick Ln1033$350,4002,204 Sq.Ft.4/3/2025Niccolls Rd2831$148,0632,224 Sq.Ft.10/2/2024Nightingale Dr1143$283,8182,685 Sq.Ft.4/8/2024Ninebark Dr2143$344,0002,912 Sq.Ft.7/19/2024Noble Ave14032$265,3822,077 Sq.Ft.12/13/2024Normal Dr832$166,8751,547 Sq.Ft.4/28/2023Normandy Rd5231$128,4124,903 Sq.Ft.4/25/2025Norman St10N/AN/A$115,500N/A11/1/2024Northampton Ln765$659,0005,052 Sq.Ft.8/16/2024Northfield Dr7N/AN/AN/AN/A6/27/2013North Grand Ave40021$102,2201,930 Sq.Ft.6/4/2025North St21N/AN/AN/A9,560 Sq.Ft.12/18/2024Norwalk Rd3733$225,9172,337 Sq.Ft.2/7/2025Norwood Dr933$222,1111,868 Sq.Ft.6/9/2022Nottingham Rd8232$201,3781,798 Sq.Ft.5/30/2025Oakbend Ct3232$127,3751,223 Sq.Ft.3/12/2025Oakbrook Ct1232$199,6671,275 Sq.Ft.4/29/2025Oak Creek Rd1754$562,0595,159 Sq.Ft.10/16/2024Oakcrest Rd2643$278,5263,358 Sq.Ft.2/26/2021Oakdale Dr2532$258,2002,045 Sq.Ft.5/30/2025Oakland Hills Ct544$342,4003,538 Sq.Ft.5/12/2021Oaklane Rd9432$288,6272,000 Sq.Ft.3/10/2025Oak Ln1643$572,1333,756 Sq.Ft.7/31/2015Oakmont Dr6033$309,7762,360 Sq.Ft.11/21/2023Oak Ridge St322$113,6671,920 Sq.Ft.12/6/2022Oak St3621$62,5141,115 Sq.Ft.4/9/2025Oak Terrace Ln542$203,2501,680 Sq.Ft.4/26/2018Oakview Dr1833$315,7782,536 Sq.Ft.2/21/2023Oakwood Dr2043$307,3002,952 Sq.Ft.5/15/2025Oberlin Ave621$78,667937 Sq.Ft.8/23/2021Ocala Ln1632$166,0631,404 Sq.Ft.4/1/2025Octavus Via4N/AN/AN/A435,600 Sq.Ft.8/18/2023Ogden Rd8N/AN/AN/A8,460 Sq.Ft.11/4/2015Ohio St10821$84,094983 Sq.Ft.9/26/2024Old Ash St4N/AN/A$84,250N/A7/24/2023Old Bachelor Trl1154$678,3644,211 Sq.Ft.8/10/2023Old Beardstown Rd734$313,1673,163 Sq.Ft.12/11/2024Old Chatham Rd26N/AN/A$405,714N/A7/11/2022Old Covered Bridge Ln3943$393,2863,599 Sq.Ft.2/15/2024Old Crows Way2832$285,4642,097 Sq.Ft.11/20/2024Olde Carriage Way1843$329,5382,786 Sq.Ft.7/12/2022Old Hickory Ln3N/AN/A$142,000N/A9/28/2021Old Ivy Dr4843$436,2923,443 Sq.Ft.1/17/2024Old Jacksonville Rd9943$327,0642,469 Sq.Ft.5/16/2025Old Macarthur Blvd2732$132,8421,541 Sq.Ft.8/6/2024Old Mill Ln2643$383,0003,300 Sq.Ft.11/20/2024Old Oak Rd644$510,8333,841 Sq.Ft.5/7/2020Old River Rd343$300,5003,425 Sq.Ft.8/22/2014Old Rochester Rd4031$128,8001,102 Sq.Ft.4/26/2024Old Route 367132$191,8681,748 Sq.Ft.10/7/2024Old Rte1432$187,000N/A6/18/2024Old Salem Ln6933$419,0773,647 Sq.Ft.4/12/2024Old Savannah Trl1654$713,5004,101 Sq.Ft.3/21/2025Old State Capitol Plz8N/AN/AN/AN/A1/12/2023Old Tippecanoe Dr5543$336,9262,737 Sq.Ft.5/13/2025Old Toronto Rd332$296,5001,284 Sq.Ft.7/31/2020Old Waterworks Rd18N/AN/A$131,250N/A6/14/2023Olympic Dr1142$235,0911,978 Sq.Ft.11/7/2023Ontario1432$188,6671,787 Sq.Ft.12/31/2024Orchard Ave1721$110,8751,113 Sq.Ft.2/19/2025Orchard Ln1754$705,1337,707 Sq.Ft.10/16/2014Orendorff Pkwy663$469,5005,042 Sq.Ft.3/9/2023Oriole Ct431$147,5001,764 Sq.Ft.4/28/2022Osage Rd1043$597,7003,602 Sq.Ft.2/26/2025Osburn Ave13121$83,3061,211 Sq.Ft.4/22/2025Otter Ln1732$321,5292,510 Sq.Ft.6/1/2022Ottis St1N/AN/AN/AN/A8/19/2021Ottowood Dr533$318,6672,030 Sq.Ft.3/29/2019Outer Park Dr7042$352,8873,083 Sq.Ft.11/4/2024Overton Rd1054$652,1004,731 Sq.Ft.7/20/2020Owens Ln1031$153,2005,844 Sq.Ft.12/23/2024Oxford Rd8032$211,3462,078 Sq.Ft.12/20/2024Oxley Dr633$398,8332,628 Sq.Ft.9/10/2021Paddock Ln1132$233,1821,662 Sq.Ft.12/23/2024Pajim Ln842$306,1252,097 Sq.Ft.6/27/2023Pakey Rd3043$267,6901,948 Sq.Ft.6/6/2025Palmer St2831$123,8931,207 Sq.Ft.2/17/2025Palo Alto Dr2133$320,8102,040 Sq.Ft.3/6/2025Palomino Rd3143$251,1032,622 Sq.Ft.5/23/2025Pams Ct1332$198,8181,614 Sq.Ft.4/25/2025Panther Creek Dr3843$480,6293,654 Sq.Ft.7/16/2024Park Ave41432$185,7841,930 Sq.Ft.6/10/2025Parker Ave1832$97,4444,625 Sq.Ft.1/14/2025Parkridge Rd2131$81,333996 Sq.Ft.4/11/2025Parkview Dr7832$211,9191,906 Sq.Ft.6/6/2025538 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
5N565 Billy Burns RdWayne, IL 60184
Estimated Value $722,000
Living Area 3,201 SqFt
Beds 4
Baths 3
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 01-18-204-002
Subdivision Dunhams Inc Assmt Plat
School District School District U-46
32W440 Derby RdWayne, IL 60184
Estimated Value $930,000
Living Area 5,323 SqFt
Beds 4
Baths 4.5
Year Built 1968
Property Type Single Family
Ownership Type Multiple
APN 01-18-102-022
Subdivision Dunhams Inc Assmt Plat
School District School District U-46
853 Dedham LnBartlett, IL 60103
Estimated Value $488,000
Living Area 2,329 SqFt
Beds 3
Baths 2
Year Built 1989
Property Type Single Family
Ownership Type Related
APN 01-04-411-020
Subdivision Weathersfield Of Bartlett Unit 1
School District School District U-46
2067 Westridge BlvdBartlett, IL 60103
Estimated Value $438,000
Living Area 1,995 SqFt
Beds 4
Baths 2.5
Year Built 1994
Property Type Single Family
Ownership Type Individual
APN 06-31-311-003-0000
Subdivision Westridge/Bartett Un 01
School District School District U-46
5N880 Dunham CirWayne, IL 60184
Estimated Value $675,000
Living Area 3,287 SqFt
Beds 4
Baths 1.5
Year Built 1987
Property Type Single Family
Ownership Type Related
APN 09-13-200-020
Subdivision Dunham Trails
School District School District U-46
33W469 Mare Barn LnWayne, IL 60184
Estimated Value $1,648,000
Living Area 7,849 SqFt
Beds 6
Baths 1.5
Year Built 2001
Property Type Single Family
Ownership Type Related
APN 09-13-200-006
Subdivision Dunhams Inc
School District School District U-46
5N740 Dunham RdWayne, IL 60184
Estimated Value $913,000
Living Area 3,946 SqFt
Beds 4
Baths 1
Year Built 1976
Property Type Single Family
Ownership Type Individual
APN 09-13-200-049
Subdivision Dunhams Inc
School District School District U-46
32W740 Rochefort LnWayne, IL 60184
Estimated Value $832,000
Living Area 2,986 SqFt
Beds 3
Baths 3.5
Year Built 1987
Property Type Single Family
Ownership Type Individual
APN 01-07-302-003
Subdivision Dunham North Unit No 2
School District School District U-46
1943 Sundrop CtBartlett, IL 60103
Estimated Value $358,000
Living Area 1,750 SqFt
Beds 2
Baths 3
Year Built 2007
Property Type Condominium
Ownership Type Individual
APN 06-31-208-044-1075
Subdivision Herons Lndg Condo
School District School District U-46
6N014 Chambellan LnWayne, IL 60184
Estimated Value $761,000
Living Area 4,031 SqFt
Beds 5
Baths 4
Year Built 1987
Property Type Single Family
Ownership Type Related
APN 01-07-303-003
Subdivision Dunham North Unit No 2
School District School District U-46
464 Topaz LnBartlett, IL 60103
Estimated Value $435,000
Living Area 1,849 SqFt
Beds 3
Baths 2.5
Year Built 1996
Property Type Single Family
Ownership Type Individual
APN 06-29-412-010-0000
Subdivision Amber Grove Unit 07
School District School District U-46
2035 Norwich DrBartlett, IL 60103
Estimated Value $429,000
Living Area 1,597 SqFt
Beds 3
Baths 2.5
Year Built 1999
Property Type Single Family
Ownership Type Trust
APN 06-31-304-027-0000
Subdivision Westridge Bartlett Unit 04
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
646 Pleasant DrSouth Elgin, IL 60177
Estimated Value $343,000
Living Area 1,378 SqFt
Beds 3
Baths 1.5
Year Built 1973
Property Type Single Family
Ownership Type Multiple
APN 06-35-427-010
Subdivision Pleasantry
School District School District U-46
330 Ann StSouth Elgin, IL 60177
Estimated Value $685,000
Living Area 3,536 SqFt
Beds 12
Baths 6
Year Built 1973
Property Type Residential General
Ownership Type Corporate
APN 06-35-407-045
Subdivision Edwin Haas 3rd Sub
School District School District U-46