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
Redbird Ln543$314,4001,898 Sq.Ft.8/6/2019Red Bud Ln5833$336,7932,993 Sq.Ft.9/10/2024Red Bud Run1254$506,8334,261 Sq.Ft.7/11/2024Red Fox Ct3032$246,7331,945 Sq.Ft.3/9/2023Red Hawk734$528,2863,593 Sq.Ft.10/26/2021Redlands Dr3543$352,0292,731 Sq.Ft.12/5/2023Red Oak Ln6533$273,3752,329 Sq.Ft.6/6/2025Redwood Ln3732$124,5411,222 Sq.Ft.5/29/2025Reed Ave7132$165,5851,550 Sq.Ft.5/29/2025Reed Ct1821$125,714866 Sq.Ft.12/2/2024Regency Ct9N/AN/A$63,222N/A10/8/2021Regent Ln732$180,5713,432 Sq.Ft.6/14/2024Reilly Dr6N/AN/AN/A3,242 Sq.Ft.4/14/2025Reinders Rd521$184,600N/A9/20/2018Reisch St1N/AN/AN/AN/A2/27/2023Remington St2N/AN/AN/AN/A5/19/1998Rend Dr1032$193,4001,694 Sq.Ft.10/28/2021Renfro St9132$69,6391,520 Sq.Ft.6/10/2025Renwick Dr3143$328,6132,939 Sq.Ft.1/10/2025Republic St19N/AN/A$87,800N/A12/6/2023Reseda Rd5N/AN/A$470,600N/A3/22/2024Reserve Blvd1055$915,5006,405 Sq.Ft.4/9/2025Reservoir St14021$93,6391,211 Sq.Ft.3/27/2025Resina Dr932$223,8751,551 Sq.Ft.6/22/2022Reynolds St19131$84,8473,465 Sq.Ft.2/20/2025Richards Ct121$176,000732 Sq.Ft.8/23/2024Richards Ln2521$84,8571,051 Sq.Ft.4/4/2025Richardson Dr1933$408,8952,452 Sq.Ft.1/24/2024Rickard Ct1133$185,5452,374 Sq.Ft.9/30/2021Rickard Rd6232$175,7741,637 Sq.Ft.9/19/2024Riddle Hill Rd1932$289,6152,175 Sq.Ft.7/12/2024Ridge Ave3222$105,8892,784 Sq.Ft.4/4/2025Ridge Ct1431$85,2861,146 Sq.Ft.1/6/2025Ridgely Ave7431$101,4751,199 Sq.Ft.12/20/2024Ridgely Rd2032$211,8461,456 Sq.Ft.5/31/2023Ridgeview Dr1842$243,2782,271 Sq.Ft.3/25/2024Ridgewood Ave163N/A$119,833N/A4/18/2024Rising Moon Rd833$348,0002,602 Sq.Ft.5/24/2024Rita Ave5232$133,3081,350 Sq.Ft.11/14/2024Rita Ct4N/AN/A$155,000N/A10/24/2015Rita Rd2032$171,5561,456 Sq.Ft.7/31/2024Rivendel Dr1231$145,0001,073 Sq.Ft.3/20/2024Riverside Dr3632$130,1881,632 Sq.Ft.1/10/2025Riverstone Dr832$483,2002,301 Sq.Ft.5/24/2024Road Dr4233$374,3102,404 Sq.Ft.3/21/2025Roadrunner Ct3N/AN/AN/AN/A1/5/2020Roanoke Dr5532$218,4042,282 Sq.Ft.3/12/2025Robbins Rd23N/AN/AN/A75,960 Sq.Ft.12/29/2023Robinhood Ln2632$204,7691,974 Sq.Ft.5/15/2025Rochester Rd1133$324,6672,903 Sq.Ft.12/26/2018Rock River Rd1543$423,4442,595 Sq.Ft.4/8/2025Rockwell St3N/AN/AN/AN/A8/3/2023Rocky Falls Rd1843$391,9413,264 Sq.Ft.4/19/2024Rodger St9N/AN/AN/AN/A10/4/2023Roland Ave2N/AN/AN/A6,959 Sq.Ft.1/2/2018Rolling Meadows Ln1343$403,9092,584 Sq.Ft.10/7/2024Roosevelt Rd1932$264,6672,093 Sq.Ft.6/14/2024Rosaria Rd4232$109,6881,263 Sq.Ft.3/31/2025Rosehill Ave2732$141,8461,806 Sq.Ft.10/10/2024Rosemary Ln1N/AN/A$719,000N/A7/18/1996Rosewell Pt844$605,7504,304 Sq.Ft.4/4/2016Rosewood Dr1442$227,9001,732 Sq.Ft.7/26/2024Ross Dr1442$294,2862,377 Sq.Ft.8/30/2022Roundtable Rd1532$223,5331,833 Sq.Ft.8/28/2024Royal Rd2632$203,4231,986 Sq.Ft.9/6/2024Royal Troon Ct2943$390,2762,676 Sq.Ft.4/30/2025Russell Dr1422$185,4291,386 Sq.Ft.7/2/2024Rutgers Dr942$235,6672,244 Sq.Ft.9/13/2024Ruth Ct3121$96,6771,183 Sq.Ft.5/8/2025Rutherford Trek2433$377,5832,744 Sq.Ft.4/28/2025Ruth Pl1243$539,1673,420 Sq.Ft.12/31/2021Rutledge St9721$95,0701,236 Sq.Ft.4/26/2025Ryebrook Ct1243$333,3333,075 Sq.Ft.8/12/2024Saddle Mill Dr6N/AN/A$307,167N/A11/22/2022Sage Ln1643$409,5633,416 Sq.Ft.10/24/2024Saint Andrews Dr333$329,3332,260 Sq.Ft.11/15/2021Saint Annes Dr2344$344,0433,263 Sq.Ft.7/12/2021Saint Cabrini Ct1832$117,0001,469 Sq.Ft.11/13/2024Saint Francis Dr4732$167,7331,659 Sq.Ft.5/13/2025Saint Helens Ct632$309,4002,577 Sq.Ft.3/20/2024Saint James Ct1021$78,000858 Sq.Ft.3/6/2025Saint James Rd2032$206,5291,703 Sq.Ft.12/17/2021Saint Joseph St2021$117,769949 Sq.Ft.12/20/2024Saint Lukes Ct1N/AN/AN/AN/AN/ASaint Marys Ave4131$118,5641,098 Sq.Ft.7/12/2024Saint Marys Ct3632$154,0001,566 Sq.Ft.4/30/2025Salem Rd2631$101,4621,133 Sq.Ft.11/8/2024Salome Ave432$91,7501,343 Sq.Ft.12/20/2022Saltcedar Ct743$377,1433,116 Sq.Ft.10/11/2019Sandgate Rd9632$150,4901,472 Sq.Ft.5/14/2025Sand Hill Rd4232$129,0361,205 Sq.Ft.10/26/2023Sandhill Rd1321$118,5712,447 Sq.Ft.11/29/2022Sandpiper Dr18483$444,1113,315 Sq.Ft.3/11/2025Sandwood Dr1643$403,0002,974 Sq.Ft.2/28/2025Sandy Ln1732$294,3532,001 Sq.Ft.9/1/2023Sangamo Heights Rd3021$127,9521,205 Sq.Ft.3/21/2025Sangamon Ave18532$142,59313,378 Sq.Ft.1/31/2025Santa Clara Dr1743$334,6253,057 Sq.Ft.6/12/2020Sarah Ave6532$248,77447,012 Sq.Ft.4/3/2025Saratoga Dr944$243,2223,573 Sq.Ft.11/2/202233W178 Brewster Creek CirWayne, IL 60184
Estimated Value $810,000
Living Area 3,274 SqFt
Beds 4
Baths 3.5
Year Built 1978
Property Type Single Family
Ownership Type Related
APN 09-12-251-008
Subdivision The North Country In Wayne
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
2008 Woodhaven DrBartlett, IL 60103
Estimated Value $448,000
Living Area 1,896 SqFt
Beds 3
Baths 2.5
Year Built 1997
Property Type Single Family
Ownership Type Multiple
APN 06-31-303-009-0000
Subdivision Westridge/Bartlett 04
School District School District U-46
228 Primrose LnBartlett, IL 60103
Estimated Value $627,000
Living Area 4,094 SqFt
Beds 4
Baths 3.5
Year Built 2005
Property Type Single Family
Ownership Type Individual
APN 06-31-203-042-0000
Subdivision Herons Lndg 01
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
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
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
32W180 Glos StWayne, IL 60184
Estimated Value $432,000
Living Area 1,416 SqFt
Beds 3
Baths 1
Year Built 1914
Property Type Single Family
Ownership Type Individual
APN 01-18-208-016
Subdivision Guild Sub
School District School District U-46
5N705 Rochefort LnWayne, IL 60184
Estimated Value $720,000
Living Area 3,383 SqFt
Beds 4
Baths 2.5
Year Built 1986
Property Type Single Family
Ownership Type Related
APN 01-18-107-002
Subdivision Dunham North Unit 1
School District School District U-46
1235 Prairie Pointe DrSouth Elgin, IL 60177
Estimated Value $496,000
Living Area 2,636 SqFt
Beds 4
Baths 2.5
Year Built 2015
Property Type Single Family
Ownership Type Related
APN 06-25-330-010
Subdivision Prairie Pointe Sub
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
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
750 Riverside DrSouth Elgin, IL 60177
Estimated Value $227,000
Living Area 1,040 SqFt
Beds 2
Baths 1
Year Built 1978
Property Type Single Family
Ownership Type Related
APN 06-35-378-004
Subdivision Fox River Crystal Springs
School District School District U-46
207 Cummings DrBartlett, IL 60103
Estimated Value $450,000
Living Area 2,408 SqFt
Beds 4
Baths 2.5
Year Built 1995
Property Type Single Family
Ownership Type Individual
APN 06-31-309-007-0000
Subdivision Westridge Bartlett Unit 02
School District School District U-46
33W630 Mare Barn LnWayne, IL 60184
Estimated Value $1,554,000
Living Area 3,961 SqFt
Beds 5
Baths 2.5
Year Built 1987
Property Type Residential General
Ownership Type Individual
APN 09-13-100-034
Subdivision Cothern-Watson
School District School District U-46
33W085 Behles WayWayne, IL 60184
Estimated Value $775,000
Living Area 2,485 SqFt
Beds 3
Baths 2.5
Year Built 1988
Property Type Single Family
Ownership Type Mixed
APN 09-13-201-001
Subdivision Behles Sub
School District School District U-46