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
Woerly Ln1N/AN/A$262,000N/AN/AWolfe St3631$123,8821,164 Sq.Ft.4/17/2025Wollesen Ln532$101,2501,560 Sq.Ft.12/14/2021Wood Ave3621$100,8481,187 Sq.Ft.3/14/2025Woodbridge Rd1344$578,8334,170 Sq.Ft.6/27/2024Woodbury Hl2822$133,5001,561 Sq.Ft.5/27/2025Wood Creek Dr643$408,4003,478 Sq.Ft.9/16/2020Woodcrest Dr832$189,8751,563 Sq.Ft.6/27/2023Wood Duck Dr4N/AN/AN/AN/A5/21/2021Woodfield Rd1033$364,2002,796 Sq.Ft.2/18/2020Woodhaven Dr5432$340,6862,122 Sq.Ft.8/29/2023Woodland Ave7532$309,3242,191 Sq.Ft.6/10/2025Wood Mill Dr3543$335,6862,520 Sq.Ft.9/23/2024Woodmore Dr3422$223,9411,600 Sq.Ft.4/15/2025Wood Pointe Dr654$361,5004,071 Sq.Ft.7/8/2022Woods End Ln355$632,3336,862 Sq.Ft.10/4/2023Woods Farm Ln1844$548,5294,366 Sq.Ft.5/17/2024Woodside Rd2932$277,6321,496 Sq.Ft.1/2/2025Woodview Ln345$415,0005,002 Sq.Ft.5/19/2006Woodward St7021$90,0631,016 Sq.Ft.10/4/2024Wordsworth Dr3633$296,7782,222 Sq.Ft.5/5/2025Worster Ct932$241,1111,810 Sq.Ft.12/23/2021Wren Dr722$153,1431,172 Sq.Ft.5/7/2024Wright Rd4N/AN/A$224,000N/A3/28/2014Wydown Ave3343$368,3943,182 Sq.Ft.8/15/2023Wyndemere Bay643$641,3333,948 Sq.Ft.10/9/2020Wythe Rd1443$311,5002,801 Sq.Ft.3/13/2024Yacht Club Rd644$591,7505,694 Sq.Ft.1/11/2023Yale Blvd16521$97,9741,186 Sq.Ft.6/3/2025Yates Ave1621$86,600926 Sq.Ft.12/13/2024Yeoman Dr4833$225,4261,899 Sq.Ft.11/15/2024York Rd2932$177,4831,779 Sq.Ft.11/7/2024Yorkshire Ct1032$250,0001,665 Sq.Ft.1/6/2025Yucan Dr13N/AN/AN/A20,000 Sq.Ft.2/11/2022Zion Ct932$290,8892,549 Sq.Ft.12/12/2024538 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
32W225 Pratt RdWayne, IL 60184
Estimated Value $543,000
Living Area 2,622 SqFt
Beds 3
Baths 2.5
Year Built 1988
Property Type Single Family
Ownership Type Related
APN 01-18-208-003
Subdivision Guilds Sub
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
7N086 Brewster Creek CirWayne, IL 60184
Estimated Value $474,000
Living Area 2,463 SqFt
Beds 3
Baths 1.5
Year Built 1986
Property Type Single Family
Ownership Type Individual
APN 09-01-451-002
Subdivision North Country Wayne
School District School District U-46
2051 Westridge BlvdBartlett, IL 60103
Estimated Value $513,000
Living Area 2,408 SqFt
Beds 4
Baths 2.5
Year Built 1994
Property Type Single Family
Ownership Type Individual
APN 06-31-311-007-0000
Subdivision Westridge Bartlett Unit 01
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
653 Biltmore DrBartlett, IL 60103
Estimated Value $561,000
Living Area 2,958 SqFt
Beds 4
Baths 2.5
Year Built 2005
Property Type Single Family
Ownership Type Individual
APN 06-29-415-012-0000
Subdivision Castle Crk/Bartlett
School District School District U-46
1789 Dyer DrBartlett, IL 60103
Estimated Value $510,000
Living Area 2,117 SqFt
Beds 4
Baths 2.5
Year Built 2004
Property Type Single Family
Ownership Type Individual
APN 06-32-305-017-0000
Subdivision Lakewood Mill
School District School District U-46
249 Fieldcrest DrBartlett, IL 60103
Estimated Value $508,000
Living Area 2,911 SqFt
Beds 4
Baths 2.5
Year Built 2004
Property Type Single Family
Ownership Type Individual
APN 06-31-315-014-0000
Subdivision Bartlett Pointe 02
School District School District U-46
159 Prescott DrBartlett, IL 60103
Estimated Value $426,000
Living Area 1,783 SqFt
Beds 3
Baths 2.5
Year Built 2004
Property Type Single Family
Ownership Type Corporate
APN 06-31-313-024-0000
Subdivision Bartlett Pointe 02
School District School District U-46
33W265 Shagbark LnWayne, IL 60184
Estimated Value $1,014,000
Living Area 5,712 SqFt
Beds 2
Baths 2
Year Built 1987
Property Type Single Family
Ownership Type Related
APN 09-12-400-013
Subdivision In Wayne Associates Assessment
School District School District U-46
6N360 Hub RdWayne, IL 60184
Estimated Value $1,702,000
Living Area 4,467 SqFt
Beds 5
Baths 3.5
Year Built 1952
Property Type Single Family
Ownership Type Individual
APN 09-12-300-028
Municipality SAINT CHARLES
School District St. Charles Community Unit School District 303
5N796 Rochefort LnWayne, IL 60184
Estimated Value $1,135,000
Living Area 6,676 SqFt
Beds 4
Baths 4.5
Year Built 1995
Property Type Single Family
Ownership Type Trust
APN 01-07-305-003
Subdivision Dunham North Units No 3 & No 4
School District School District U-46
220 Moorehead DrBartlett, IL 60103
Estimated Value $428,000
Living Area 1,888 SqFt
Beds 3
Baths 2.5
Year Built 1995
Property Type Single Family
Ownership Type Related
APN 06-31-307-020-0000
Subdivision Westridge Bartlett Unit 01 A
School District School District U-46
234 Cummings DrBartlett, IL 60103
Estimated Value $411,000
Living Area 1,772 SqFt
Beds 4
Baths 2.5
Year Built 1996
Property Type Single Family
Ownership Type Individual
APN 06-31-308-020-0000
Subdivision Westridge/Bartlett 02
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