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
Parkway Dr1N/AN/A$224,000N/A6/27/2008Parsifal Ave1632$198,4381,501 Sq.Ft.5/26/2022Parsley Ln1844$415,8893,363 Sq.Ft.4/30/2025Partridge Rd1232$292,8003,301 Sq.Ft.2/1/2024Pasfield St32231$124,1021,327 Sq.Ft.6/6/2025Patriot Pl4N/AN/A$417,750N/A7/29/2024Pat Tillman Dr1954$645,3164,521 Sq.Ft.1/3/2025Patton Ave4531$87,8331,295 Sq.Ft.5/29/2025Patton St8632$91,6391,432 Sq.Ft.1/16/2025Paul St7822$72,7861,099 Sq.Ft.6/5/2025Pawnee Rd832$234,8751,927 Sq.Ft.2/28/2025Peach Tree Dr2243$517,9093,203 Sq.Ft.4/11/2025Pearson St1432$500,5002,143 Sq.Ft.5/9/2025Pebble Beach Dr3543$383,8243,504 Sq.Ft.5/11/2023Pec Rd4743$283,7692,286 Sq.Ft.1/31/2024Peerless Mine Rd1631$173,9171,456 Sq.Ft.9/15/2022Pelican Nest342$613,667N/A9/3/2019Pennsylvania Ave2931$85,0001,291 Sq.Ft.3/3/2025Peoria Rd23331$113,0803,201 Sq.Ft.6/3/2025Peppermill Pointe Ct1143$436,5453,169 Sq.Ft.7/26/2021Percy Ave4921$94,5141,114 Sq.Ft.6/10/2025Perkins Ct1932$73,3331,156 Sq.Ft.11/7/2023Persimmon Dr1244$349,5003,571 Sq.Ft.8/23/2022Pet Cemetery Rd3533$246,0832,109 Sq.Ft.1/10/2025Phillips Ave5132$72,8001,437 Sq.Ft.8/7/2024Phlox Dr2643$391,8853,134 Sq.Ft.1/31/2025Picardy Ln232$276,5001,770 Sq.Ft.5/24/2022Pickering Ln2245$554,0004,660 Sq.Ft.9/24/2012Pickett St5432$132,7781,424 Sq.Ft.12/19/2024Pickfair Rd7332$190,2781,625 Sq.Ft.4/3/2025Pinebrook Ct743$398,4293,465 Sq.Ft.12/27/2022Pine Creek Dr1733$362,3854,344 Sq.Ft.6/4/2025Pine Cv843$277,8752,345 Sq.Ft.3/11/2024Pinehurst Dr4343$297,8602,929 Sq.Ft.10/31/2024Pine Ridge Dr743$293,3333,035 Sq.Ft.3/10/2025Pine St16231$81,2801,367 Sq.Ft.2/24/2025Pine Tree Dr643$440,1673,457 Sq.Ft.10/31/2024Pine Valley Ct443$331,5002,811 Sq.Ft.6/28/2024Pin Oak Ln1553$403,2674,051 Sq.Ft.4/24/2022Pintail Dr6N/AN/AN/A6,000 Sq.Ft.11/25/2020Pinto Dr2332$208,8261,873 Sq.Ft.5/21/2025Pinyon Dr2722$260,8081,468 Sq.Ft.6/6/2025Piper Glen Dr5133$323,6962,982 Sq.Ft.10/25/2024Piper Ln5132$124,8422,612 Sq.Ft.2/20/2025Piper Rd5932$168,2001,740 Sq.Ft.5/28/2025Pittsburg Lndg2532$261,3601,983 Sq.Ft.3/28/2024Placid Ct1032$193,8001,663 Sq.Ft.11/12/2024Plateau Dr3432$187,0001,954 Sq.Ft.4/8/2025Plaza Dr8N/AN/AN/AN/A3/25/2025Pleasant Run12N/AN/A$384,00012,000 Sq.Ft.3/28/2025Plover Rd3632$213,1941,397 Sq.Ft.11/5/2024Pluto Ave1N/AN/AN/AN/A6/16/2021Poe St643$168,0003,409 Sq.Ft.12/15/2023Poinsettia Pl1954$528,3164,071 Sq.Ft.8/12/2024Point Dr943$377,1253,507 Sq.Ft.5/19/2025Polo Club Dr5N/AN/A$293,600N/A3/10/2004Ponderosa Dr1143$325,8182,079 Sq.Ft.1/17/2023Pond Mill Ct1532$228,1432,133 Sq.Ft.10/10/2024Poole St2921$82,6001,096 Sq.Ft.12/27/2024Pope Ave5831$69,3401,129 Sq.Ft.4/22/2025Poplar Ave2021$66,600976 Sq.Ft.4/20/2023Portsmouth Cir1732$181,5881,529 Sq.Ft.6/26/2023Portstewart Dr3N/AN/A$760,333N/A8/11/2015Post Oak Ct744$343,0003,164 Sq.Ft.4/11/2025Post Rd2843$339,3572,912 Sq.Ft.3/20/2024Prairie Crossing Dr44N/AN/AN/AN/A7/11/2022Prairie Lane Ct1431$113,714988 Sq.Ft.8/27/2024Prairie Smoke Ct1032$288,7781,755 Sq.Ft.5/26/2023Preston Dr8333$358,0893,119 Sq.Ft.5/27/2025Prestwick Rd933$291,4442,315 Sq.Ft.6/30/2020Price Ave5832$87,3881,317 Sq.Ft.2/26/2025Princeton Ave6N/AN/A$95,000N/A8/29/2024Principia Dr1143$228,6362,405 Sq.Ft.7/19/2024Professional Dr8N/AN/AN/A3,850 Sq.Ft.7/27/2022Progress Dr4N/AN/AN/AN/A11/1/2024Prospect Ave17N/A1$97,818N/A1/21/2015Providence Ln8542$340,6672,515 Sq.Ft.5/2/2025Pulliam Rd332$149,0002,981 Sq.Ft.5/11/2020Quail Chase1244$627,7505,736 Sq.Ft.9/27/2021Quail Chase Cir644$543,5004,041 Sq.Ft.3/11/2021Quarterstaff Rd1032$231,9002,073 Sq.Ft.4/1/2025Queensway Rd6932$149,0581,526 Sq.Ft.2/20/2025Rachel Ln544$442,6673,464 Sq.Ft.5/7/2020Radcliff Rd4032$152,4501,701 Sq.Ft.5/29/2025Radford Rd2642$279,8892,793 Sq.Ft.2/26/2021Rafter St4N/AN/A$126,667N/A12/19/2022Rainbow Rd1432$236,5381,945 Sq.Ft.4/13/2023Rainier Dr2732$256,3332,353 Sq.Ft.5/7/2025Raintree Pl1154$483,7274,068 Sq.Ft.4/26/2021Raleigh Rd2322$197,9131,387 Sq.Ft.1/9/2025Ramsey Ave6031$115,4481,165 Sq.Ft.4/28/2025Randall Ct3531$91,2001,554 Sq.Ft.5/27/2025Randolph Ct932$214,6671,875 Sq.Ft.8/16/2021Randy St2N/AN/A$156,500N/AN/ARanger Dr1542$209,8672,125 Sq.Ft.1/4/2023Rantoul St943$320,0002,586 Sq.Ft.11/12/2024Raspberry Ct743$341,4292,359 Sq.Ft.7/13/2015Ravenswood1144$463,8183,951 Sq.Ft.7/19/2023Rawlings Dr3132$181,9331,745 Sq.Ft.2/19/2025Reading Rd732$198,4291,931 Sq.Ft.7/2/2019583 Golfers LnBartlett, IL 60103
Estimated Value $439,000
Living Area 1,651 SqFt
Beds 2
Baths 2
Year Built 1991
Property Type Single Family
Ownership Type Related
APN 06-29-404-013-0000
Subdivision Bartlett/Greens & Pud Ph 02
School District School District U-46
32W186 Army Trail RdWayne, IL 60184
Estimated Value $448,000
Living Area 1,684 SqFt
Beds 4
Baths 2
Year Built 1913
Property Type Single Family
Ownership Type Trust
APN 01-18-210-028
Municipality WAYNE
School District School District U-46
6N977 Brewster Creek CirWayne, IL 60184
Estimated Value $748,000
Living Area 3,024 SqFt
Beds 4
Baths 3.5
Year Built 1998
Property Type Single Family
Ownership Type Related
APN 09-12-100-034
Municipality SAINT CHARLES
School District School District U-46
200 Barry RdSouth Elgin, IL 60177
Estimated Value $566,000
Living Area 2,509 SqFt
Beds 3
Baths 2.5
Year Built 2021
Property Type Single Family
Ownership Type Multiple
APN 06-36-380-028
Subdivision South Pointe 1st Resub
School District School District U-46
672 Lucille StSouth Elgin, IL 60177
Estimated Value $291,000
Living Area 1,092 SqFt
Beds 3
Baths 1.5
Year Built 1961
Property Type Single Family
Ownership Type Individual
APN 06-35-426-038
Subdivision Sunset Knoll Addn
School District School District U-46
5N601 Chambellan LnWayne, IL 60184
Estimated Value $794,000
Living Area 5,066 SqFt
Beds 4
Baths 2.5
Year Built 1987
Property Type Single Family
Ownership Type Related
APN 01-18-105-011
Subdivision Dunham North Unit No 2
School District School District U-46
503 Strathmore CtBartlett, IL 60103
Estimated Value $763,000
Living Area 5,889 SqFt
Beds 5
Baths 5.5
Year Built 2001
Property Type Single Family
Ownership Type Trust
APN 01-04-103-003
Subdivision Litchfield Woods
School District School District U-46
1782 Dyer DrBartlett, IL 60103
Estimated Value $490,000
Living Area 3,695 SqFt
Beds 4
Baths 2.5
Year Built 2004
Property Type Single Family
Ownership Type Individual
APN 06-32-304-003-0000
Subdivision Lakewood Mill
School District School District U-46
433 Cardinal DrBartlett, IL 60103
Estimated Value $455,000
Living Area 1,944 SqFt
Beds 3
Baths 2.5
Year Built 1995
Property Type Single Family
Ownership Type Individual
APN 06-29-407-009-0000
Subdivision Amber Grove Unit 06
School District School District U-46
33W260 Woodmere LnWayne, IL 60184
Estimated Value $779,000
Living Area 2,243 SqFt
Beds 3
Baths 2.5
Year Built 1958
Property Type Single Family
Ownership Type Individual
APN 09-12-200-009
Municipality SAINT CHARLES
School District School District U-46
217 Remington DrBartlett, IL 60103
Estimated Value $559,000
Living Area 2,344 SqFt
Beds 4
Baths 2.5
Year Built 1995
Property Type Single Family
Ownership Type Related
APN 06-31-405-009-0000
Subdivision Westridge Bartlett Unit 05
School District School District U-46
1947 Westridge BlvdBartlett, IL 60103
Estimated Value $516,000
Living Area 2,101 SqFt
Beds 4
Baths 2.5
Year Built 1995
Property Type Single Family
Ownership Type Individual
APN 06-31-404-015-0000
Subdivision Westridge Bartlett Unit 02 S
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
32W236 Army Trail RdWayne, IL 60184
Estimated Value $453,000
Living Area 1,594 SqFt
Beds 3
Baths 3
Year Built 1935
Property Type Single Family
Ownership Type Individual
APN 01-18-210-017
Municipality WAYNE
School District School District U-46
1499 Deer Pointe DrSouth Elgin, IL 60177
Estimated Value $344,000
Living Area 1,894 SqFt
Beds 3
Baths 2.5
Year Built 2018
Property Type Single Family
Ownership Type Individual
APN 06-25-179-061
Subdivision Prairie Pointe Sub
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