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
Ticonderoga St2332$224,8641,852 Sq.Ft.2/27/2025Tilbury Ct1023$223,8001,785 Sq.Ft.7/8/2024Timberbrook Dr9N/AN/AN/A4,059 Sq.Ft.5/17/2024Timbercrest Dr1143$315,5453,632 Sq.Ft.12/5/2022Timberhill853$236,6252,510 Sq.Ft.12/15/2021Timberline Dr1332$248,1542,175 Sq.Ft.5/23/2025Timber Pointe Dr1333$331,5382,456 Sq.Ft.5/31/2019Timberridge Dr1933$344,3163,534 Sq.Ft.4/11/2025Timberview Dr733$371,5713,981 Sq.Ft.4/26/2022Timothy Rd1132$291,0001,989 Sq.Ft.7/10/2024Todd Ln931$102,889899 Sq.Ft.5/16/2024Tonica Dr2N/AN/A$236,500N/A10/27/2017Top Hill Ln3133$336,3332,682 Sq.Ft.5/1/2025Toronto Rd44N/AN/A$332,667131,561 Sq.Ft.3/1/2019Torrington Way3443$356,3822,686 Sq.Ft.7/19/2024Tottenham Ct645$720,6674,995 Sq.Ft.9/30/2020Tozer Rd7832$227,0872,223 Sq.Ft.6/6/2025Trailridge Ln8832$125,3641,238 Sq.Ft.4/25/2025Treece Ct733$321,8572,273 Sq.Ft.2/29/2008Treeline Ln832$250,1251,832 Sq.Ft.5/13/2021Tremont Dr643$390,6672,407 Sq.Ft.10/31/2022Trenton Ct1243$240,0832,504 Sq.Ft.7/14/2021Trevi Dr1932$190,6001,395 Sq.Ft.3/7/2025Treviso Dr523$174,0001,634 Sq.Ft.9/16/2021Treyburn Ct944$691,3335,469 Sq.Ft.12/31/2024Trillium Dr732$207,1431,534 Sq.Ft.12/13/2024Trillium Ln2243$270,0483,135 Sq.Ft.4/15/2024Trinity Ave2431$115,7891,183 Sq.Ft.5/1/2024Troon Dr1733$305,8822,252 Sq.Ft.6/6/2025Trowbridge Rd2032$213,6002,004 Sq.Ft.5/15/2025Truman Rd3N/AN/AN/AN/A4/4/2024Tulane1622$197,7501,715 Sq.Ft.6/4/2024Tulip631$172,6001,103 Sq.Ft.6/27/2018Tumbleweed Trl2232$308,3682,056 Sq.Ft.10/25/2024Turnberry Ct1043$370,8002,857 Sq.Ft.4/6/2023Turnberry Pl3533$321,3142,540 Sq.Ft.11/15/2024Turning Mill Dr4522$211,5331,614 Sq.Ft.2/21/2025Turnstone Rd3133$327,2262,640 Sq.Ft.5/22/2025Turtle Bay3355$703,7885,018 Sq.Ft.6/26/2024Tuxhorn Rd6832$291,1252,349 Sq.Ft.2/13/2024Twelve Oaks Ct744$475,2863,957 Sq.Ft.3/5/2025Twilight Ln2232$223,1362,158 Sq.Ft.3/31/2025Twin Lakes Dr3732$185,3242,289 Sq.Ft.12/10/2024Tyler Ct1143$354,1823,427 Sq.Ft.11/9/2022Tyrone6N/AN/A$96,000N/A8/26/2021Union St221$98,000N/A7/25/2018University Dr1132$206,3332,091 Sq.Ft.6/21/2013Urban St2232$160,8571,795 Sq.Ft.7/7/2023Utica Cir4N/AN/A$141,750N/A5/31/2001Valley Dr2532$150,8401,545 Sq.Ft.2/8/2023Vanderbilt Cir1455$881,3856,257 Sq.Ft.4/17/2020Van Meter Rd221$106,500842 Sq.Ft.6/3/2017Varsity Ct522$217,8001,766 Sq.Ft.4/22/2022Venetian Dr5232$192,1571,648 Sq.Ft.5/27/2025Veneto Villa1032$197,7781,399 Sq.Ft.7/15/2024Venus Ave11N/AN/AN/AN/A6/23/2020Venus Villa632$198,0001,356 Sq.Ft.8/25/2021Verdant Ln4033$381,5792,454 Sq.Ft.5/28/2025Verna Dr1732$172,9411,541 Sq.Ft.3/18/2024Vernon Ave65102$161,7301,569 Sq.Ft.2/17/2025Verona Dr1132$221,8181,615 Sq.Ft.8/9/2024Vestige Trl643$298,6672,936 Sq.Ft.8/26/2019Veterans Pkwy26N/AN/AN/AN/A3/25/2025Vettel Ln1N/AN/A$221,000N/A5/21/2010Via Rosso St232N/A1,680 Sq.Ft.8/5/2005Via Verde St11N/AN/A$184,0006,180 Sq.Ft.10/20/2020Victoria Dr3343$310,4552,904 Sq.Ft.4/25/2025Vigal Rd2732$271,5202,261 Sq.Ft.1/18/2024Viking Blvd3133$263,0322,119 Sq.Ft.9/11/2024Villa Grv2133$534,3813,483 Sq.Ft.9/16/2015Villanova Dr2832$157,7861,602 Sq.Ft.1/29/2024Vincent1432$187,8572,511 Sq.Ft.12/3/2024Vine St14032$187,6321,649 Sq.Ft.3/24/2025Virginia Ave1922$101,9471,147 Sq.Ft.4/30/2025Virginia Ln945$730,6675,718 Sq.Ft.12/19/2014Vista Lake Ct1122$205,1821,621 Sq.Ft.1/24/2025Vivian Ln1142$292,2732,365 Sq.Ft.12/27/2024Volare Ln822$172,0001,281 Sq.Ft.11/14/2024Wabash Ave2191N/A$388,33310,538 Sq.Ft.12/11/2023Wagon Trl344$357,0004,248 Sq.Ft.4/4/2022Wakefield Dr1032$321,1002,494 Sq.Ft.9/28/2021Walker6N/AN/A$190,667N/A9/3/2024Walnut2N/AN/A$228,000N/A10/28/2000Walnut Ct1022$124,4001,535 Sq.Ft.12/2/2024Walnut Glen Dr2544$394,5833,386 Sq.Ft.11/21/2022Walnut Rd1732$288,8331,853 Sq.Ft.2/4/2022Walnut St55932$140,2371,749 Sq.Ft.5/27/2025Walnut Street Rd5032$198,5671,899 Sq.Ft.2/27/2025Walnut Valley Dr5832$199,0211,382 Sq.Ft.8/16/2024Walter Rd732$179,4291,439 Sq.Ft.5/1/2024Walton Dr3N/AN/AN/A1,900 Sq.Ft.6/12/2008Warbler Ln543$249,0002,500 Sq.Ft.10/24/2013Ware Rd1121$163,8572,069 Sq.Ft.5/25/2022Warner Dr1432$158,5711,527 Sq.Ft.2/26/2025Warrior Blvd1433$256,7141,875 Sq.Ft.6/18/2024Warson Rd3132$295,7002,366 Sq.Ft.2/24/2025Warwick Dr2732$224,4071,983 Sq.Ft.9/6/2024Washington2N/AN/AN/AN/A7/24/2007Washington St41632$210,0933,064 Sq.Ft.5/30/2025Watch Ave14231$102,8301,149 Sq.Ft.2/21/20251499 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
5N648 Courcival LnWayne, IL 60184
Estimated Value $1,223,000
Living Area 7,762 SqFt
Beds 4
Baths 8
Year Built 1997
Property Type Single Family
Ownership Type Related
APN 01-18-105-013
Subdivision Dunham North Units No 3 & No 4
School District School District U-46
419 Knoll Crest DrBartlett, IL 60103
Estimated Value $434,000
Living Area 2,048 SqFt
Beds 4
Baths 2.5
Year Built 1997
Property Type Single Family
Ownership Type Individual
APN 06-29-405-009-0000
Subdivision Amber Grove Unit 06
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
33W672 Mare Barn LnWayne, IL 60184
Estimated Value $1,294,000
Living Area 2,225 SqFt
Beds 3
Baths 1.5
Year Built 1951
Property Type Single Family
Ownership Type Related
APN 09-13-100-004
Subdivision Manorhouses
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
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
1987 Osprey Ct #1987Bartlett, IL 60103
Estimated Value $349,000
Living Area 1,750 SqFt
Beds 2
Baths 2
Year Built 2007
Property Type Condominium
Ownership Type Individual
APN 06-31-208-044-1099
Subdivision Herons Lndg Condo
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
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
33W141 Brewster Creek CirWayne, IL 60184
Estimated Value $1,039,000
Living Area 4,396 SqFt
Beds 4
Baths 2.5
Year Built 1991
Property Type Single Family
Ownership Type Related
APN 09-12-251-019
Subdivision The North Country In Wayne
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
380 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
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
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