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
Atlanta St8N/AN/AN/AN/A5/20/2025Attenborough Ct643$316,0002,763 Sq.Ft.12/28/2018Augusta Dr2243$411,5243,760 Sq.Ft.9/26/2022August Ct942$410,1252,059 Sq.Ft.1/21/2025Austin Dr10722$168,6841,225 Sq.Ft.3/25/2025Autumn Ridge Ct6N/AN/A$535,200N/A7/31/2019Autumn Wood Dr1243$368,5002,947 Sq.Ft.11/7/2023Avondale Dr1542$201,7142,301 Sq.Ft.1/31/2025Avon Dr1N/AN/AN/AN/AN/AAzalea Ct932$306,0002,045 Sq.Ft.3/1/2023Babiak Ln1432$146,8181,737 Sq.Ft.5/15/2024Bachmann Dr821$111,333900 Sq.Ft.11/19/2021Baer Blvd7N/AN/AN/AN/A11/18/2021Baker Dr13N/AN/AN/A19,915 Sq.Ft.9/29/2022Bakutis Rd34N/AN/A$325,000N/A1/3/2024Balfour Dr933$365,7782,403 Sq.Ft.5/20/2021Ballin Dr433$226,2501,492 Sq.Ft.6/20/2023Baltusrol Ct3N/AN/A$429,000N/A7/25/2000Banbury Ln44N/A$339,7502,800 Sq.Ft.10/4/2023Banister Rd732$229,4001,683 Sq.Ft.2/21/2025Banyan Dr1433$401,3853,661 Sq.Ft.9/30/2024Barbara Ct1821$125,778964 Sq.Ft.5/8/2025Barberry Dr3932$256,3682,310 Sq.Ft.1/18/2024Barnard Rd433$232,3333,195 Sq.Ft.8/31/2020Baronne Dr2643$235,3852,523 Sq.Ft.5/30/2025Barons Rd1033$242,5002,647 Sq.Ft.5/9/2025Barrett St2N/AN/AN/AN/A2/23/2021Barrington Dr5133$329,0202,464 Sq.Ft.3/1/2024Barrybrook Ct832$203,6251,518 Sq.Ft.2/23/2023Barrymore Dr632$427,0002,220 Sq.Ft.6/10/2021Basil Dr2531$148,2401,124 Sq.Ft.7/30/2024Basswood Rd1743$269,6472,464 Sq.Ft.4/22/2025Bates Ave13233$350,4702,543 Sq.Ft.5/16/2025Battersea Pt643$327,0003,016 Sq.Ft.8/1/2024Bayberry Row732$78,7141,292 Sq.Ft.12/22/2023Bay Hill Dr1043$392,5002,511 Sq.Ft.5/22/2025Bay Ln443$288,5002,650 Sq.Ft.2/20/2024Bay Rdg943$479,2223,297 Sq.Ft.2/4/2013Bayview Ct1022$220,5001,938 Sq.Ft.11/4/2024Beachview Ln1143$714,7783,437 Sq.Ft.9/8/2015Beacon Ridge Dr1343$307,5382,796 Sq.Ft.11/27/2024Beardstown Rd5N/AN/A$152,000N/A2/2/2015Bears Paw2554$597,0874,915 Sq.Ft.5/31/2024Bears Paw Ct744$567,0004,826 Sq.Ft.10/1/2021Beaver Creek Ln2543$344,4403,006 Sq.Ft.8/2/2024Bedford Rd932$213,5561,996 Sq.Ft.5/4/2022Beech Ave17N/AN/A$54,647N/A3/3/2023Beechler Ct5N/AN/AN/AN/A12/18/2007Bel Aire Dr4432$153,0001,880 Sq.Ft.5/3/2024Belhaven Dr1543$205,0002,034 Sq.Ft.12/4/2023Belle Isle Ct544$544,4003,828 Sq.Ft.4/30/2021Belle Pl1621$99,188974 Sq.Ft.3/6/2025Bellerive Rd9932$219,7601,809 Sq.Ft.5/9/2025Bellevue Dr3833$397,3682,239 Sq.Ft.4/17/2025Bellflower Ct1043$338,4002,719 Sq.Ft.6/7/2024Belmont Ave1N/AN/A$82,000N/AN/ABemis Hts1832$220,0001,727 Sq.Ft.6/9/2023Benbrook Dr1843$411,4122,907 Sq.Ft.6/7/2024Bengel St2921$90,2381,060 Sq.Ft.3/14/2025Benjamin Dr1433$205,7861,723 Sq.Ft.6/25/2024Bennington Dr4432$232,7671,972 Sq.Ft.7/22/2024Bent Creek Rd1743$550,8823,455 Sq.Ft.5/16/2024Bentley Cir832$97,2501,431 Sq.Ft.4/5/2022Bent Oak Dr1943$345,1583,210 Sq.Ft.8/2/2024Benton Pt5N/AN/A$483,400N/A10/20/2022Bent Tree Ct754$565,2865,089 Sq.Ft.9/2/2022Bergamot Dr2633$297,2692,303 Sq.Ft.4/29/2025Bergen St5N/AN/A$122,500N/A10/28/2022Berkley Dr4N/AN/A$246,667N/A6/16/2010Berkshire Xing754$520,0004,559 Sq.Ft.12/15/2023Bertman Ave1631$95,857880 Sq.Ft.2/7/2022Betrus853$506,1254,532 Sq.Ft.9/7/2021Beverly Rd1731$118,0001,051 Sq.Ft.4/8/2024Biltmore Dr2332$268,3042,200 Sq.Ft.12/18/2024Birkdale Dr2143$312,2223,177 Sq.Ft.10/19/2022Biscayne Dr2832$182,5931,551 Sq.Ft.12/4/2024Bissell Rd5932$196,5261,737 Sq.Ft.6/10/2022Bittersweet Ln332$213,6671,664 Sq.Ft.11/17/2017Black Ave21231$120,5521,343 Sq.Ft.5/14/2025Blackberry Run1333$254,8182,516 Sq.Ft.4/16/2025Blackhawk Rd4332$198,5481,961 Sq.Ft.3/21/2025Black Hills Dr1054$437,7003,288 Sq.Ft.10/18/2021Blackmore Ave3N/AN/AN/AN/A11/30/2021Blackwater Blvd1943$273,3132,618 Sq.Ft.6/14/2024Blackwolf Rd5244$593,5005,336 Sq.Ft.11/26/2024Blair Dr1132$319,7271,768 Sq.Ft.10/29/2020Blake Ct943$427,4442,442 Sq.Ft.8/23/2019Bldg 4122$204,0001,509 Sq.Ft.3/9/2023Blenheim Dr1832$384,5002,100 Sq.Ft.5/2/2025Blueberry Ln1932$295,1051,966 Sq.Ft.4/22/2024Bluebird Ct11N/AN/AN/AN/A1/5/2020Blue Heron Ct5N/AN/A$665,200N/A4/4/2025Bluestem Ct2532$275,1302,188 Sq.Ft.9/13/2024Blue Stone Dr644$633,5004,063 Sq.Ft.1/10/2025Bluff Rd2143$321,2863,486 Sq.Ft.1/3/2025Bluffs Rd3943$375,1583,845 Sq.Ft.9/26/2024Bly Rd231$129,5001,073 Sq.Ft.8/15/2022Bob O Link Dr3531$139,6291,489 Sq.Ft.12/10/2024Bolin Ct1132$203,7271,685 Sq.Ft.11/21/2022Bonanza Pass1332$291,5002,803 Sq.Ft.10/19/2023380 Ann StSouth Elgin, IL 60177
Estimated Value $647,000
Living Area 5,304 SqFt
Beds 2
Baths 6
Year Built 1972
Property Type Residential General
Ownership Type Corporate
APN 06-35-407-050
Subdivision Edwin Haas 3rd Sub
School District School District U-46
33W370 Woodmere LnWayne, IL 60184
Estimated Value $918,000
Living Area 2,872 SqFt
Beds 3
Baths 1.5
Year Built 1945
Property Type Single Family
Ownership Type Trust
APN 09-12-200-008
Municipality SAINT CHARLES
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
32W665 Rochefort LnWayne, IL 60184
Estimated Value $751,000
Living Area 3,825 SqFt
Beds 4
Baths 2.5
Year Built 1993
Property Type Single Family
Ownership Type Multiple
APN 01-07-304-004
Subdivision Dunham North Units No 3 & No 4
School District School District U-46
6N976 Brewster Creek CirWayne, IL 60184
Estimated Value $713,000
Living Area 4,505 SqFt
Beds 3
Baths 1.5
Year Built 1997
Property Type Single Family
Ownership Type Trust
APN 09-12-200-029
Subdivision North Country Wayne Un 1
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
5N727 Chambellan LnWayne, IL 60184
Estimated Value $760,000
Living Area 3,264 SqFt
Beds 4
Baths 2.5
Year Built 1987
Property Type Single Family
Ownership Type Individual
APN 01-18-105-007
Subdivision Dunham North Unit No 2
School District School District U-46
32W492 Army Trail RdWayne, IL 60184
Estimated Value $566,000
Living Area 2,757 SqFt
Beds 4
Baths 3.5
Year Built 1945
Property Type Single Family
Ownership Type Related
APN 01-18-103-009
Subdivision Farm Homesite Approx
School District School District U-46
32W143 Glos StWayne, IL 60184
Estimated Value $524,000
Living Area 2,362 SqFt
Beds 4
Baths 2.5
Year Built 1923
Property Type Single Family
Ownership Type Related
APN 01-18-210-031
Subdivision Bret J Smiths Ap
School District School District U-46
1160 Prairie Pointe DrSouth Elgin, IL 60177
Estimated Value $567,000
Living Area 3,324 SqFt
Beds 4
Baths 3
Year Built 2014
Property Type Single Family
Ownership Type Related
APN 06-25-328-009
Subdivision Prairie Pointe Sub
School District School District U-46
33W533 Mare Barn LnWayne, IL 60184
Estimated Value $1,280,000
Living Area 7,718 SqFt
Beds 5
Baths 2
Year Built 1974
Property Type Residential General
Ownership Type Corporate
APN 09-13-100-014
Subdivision Dunhams Inc
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
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
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
5N471 Billy Burns RdWayne, IL 60184
Estimated Value $508,000
Living Area 2,226 SqFt
Beds 3
Baths 2.5
Year Built 1958
Property Type Single Family
Ownership Type Related
APN 01-18-206-003
Subdivision Dunhams Inc Assmt Plat
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