Springfield Investment Analysis
Investment Property in Springfield, IL
Springfield, IL Real Estate Investment Performance
$ 175,000
Median
2,395
Avg/Sq.ft.
7.00%
Traditional
11.00%
Airbnb
117
Investment
1,169
Airbnb
22
Traditional
75%
Airbnb occupancy rate
Springfield, IL Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Springfield, IL
$237,500
MLS CA1024509
Single Family Residential
CAP RATE
Trad.
7.90%
Airbnb
10.05%
$179,900
MLS CA1022887
Single Family Residential
CAP RATE
Trad.
6.11%
Airbnb
9.75%
$200,000
MLS CA1024890
Single Family Residential
CAP RATE
Trad.
9.00%
Airbnb
9.15%
$139,900
MLS CA1023979
Single Family Residential
CAP RATE
Trad.
5.10%
Airbnb
8.85%
$205,000
MLS CA1024839
Single Family Residential
CAP RATE
Trad.
5.98%
Airbnb
8.70%
$200,000
MLS CA1024027
Single Family Residential
CAP RATE
Trad.
6.75%
Airbnb
8.71%
$199,900
MLS CA1024261
Single Family Residential
CAP RATE
Trad.
5.82%
Airbnb
8.62%
$149,000
MLS CA1024820
Single Family Residential
CAP RATE
Trad.
8.74%
Airbnb
8.57%
Single Family Houses for Sale in Springfield, IL
$237,500
MLS CA1024509
Single Family Residential
CAP RATE
Trad.
7.90%
Airbnb
10.05%
$179,900
MLS CA1022887
Single Family Residential
CAP RATE
Trad.
6.11%
Airbnb
9.75%
$200,000
MLS CA1024890
Single Family Residential
CAP RATE
Trad.
9.00%
Airbnb
9.15%
$139,900
MLS CA1023979
Single Family Residential
CAP RATE
Trad.
5.10%
Airbnb
8.85%
$205,000
MLS CA1024839
Single Family Residential
CAP RATE
Trad.
5.98%
Airbnb
8.70%
$200,000
MLS CA1024027
Single Family Residential
CAP RATE
Trad.
6.75%
Airbnb
8.71%
$199,900
MLS CA1024261
Single Family Residential
CAP RATE
Trad.
5.82%
Airbnb
8.62%
$149,000
MLS CA1024820
Single Family Residential
CAP RATE
Trad.
8.74%
Airbnb
8.57%
Multi Family Houses for sale in Springfield, IL
$84,500
MLS CA1024228
Multi Family
CAP RATE
Trad.
12.42%
Airbnb
N/A
$59,500
MLS CA1024154
Multi Family
CAP RATE
Trad.
11.10%
Airbnb
N/A
$114,900
MLS CA1024230
Multi Family
CAP RATE
Trad.
8.17%
Airbnb
N/A
$145,000
MLS CA1022940
Multi Family
CAP RATE
Trad.
4.80%
Airbnb
N/A
$155,000
MLS CA1024324
Multi Family
CAP RATE
Trad.
3.20%
Airbnb
N/A
$300,000
MLS CA1023571
Multi Family
CAP RATE
Trad.
1.20%
Airbnb
N/A
$404,900
MLS CA1021963
Multi Family
CAP RATE
Trad.
0.25%
Airbnb
N/A
$329,900
MLS CA1021965
Multi Family
CAP RATE
Trad.
0.19%
Airbnb
N/A
Top Springfield, IL Neighborhoods - Real Estate Market Analysis
Oak Ridge
$129,900
Median for city
12.48%
Traditional
12.43%
Airbnb
$ 1,015
Traditional
$ 1,504
Airbnb
49%
Airbnb occupancy rate
Enos Park
$129,900
Median for city
11.17%
Traditional
N/A
Airbnb
$ 965
Traditional
$ 1,650
Airbnb
49%
Airbnb occupancy rate
Mather and Wells
$129,900
Median for city
8.45%
Traditional
12.03%
Airbnb
$ 838
Traditional
$ 1,579
Airbnb
49%
Airbnb occupancy rate
Pillsbury
$129,900
Median for city
7.71%
Traditional
10.73%
Airbnb
$ 1,152
Traditional
$ 1,631
Airbnb
47%
Airbnb occupancy rate
Near South
$129,900
Median for city
10.29%
Traditional
10.09%
Airbnb
$ 1,109
Traditional
$ 1,508
Airbnb
52%
Airbnb occupancy rate
Vinegar Hill
$129,900
Median for city
5.97%
Traditional
4.77%
Airbnb
$ 981
Traditional
$ 1,465
Airbnb
51%
Airbnb occupancy rate
Lincoln Park
$129,900
Median for city
7.52%
Traditional
10.52%
Airbnb
$ 931
Traditional
$ 1,870
Airbnb
52%
Airbnb occupancy rate
Pioneer Park
$129,900
Median for city
8.60%
Traditional
9.38%
Airbnb
$ 989
Traditional
$ 1,476
Airbnb
48%
Airbnb occupancy rate
Old Aristocracy Hill
$129,900
Median for city
8.12%
Traditional
5.55%
Airbnb
$ 967
Traditional
$ 1,580
Airbnb
51%
Airbnb occupancy rate
Historic West Side
$129,900
Median for city
4.12%
Traditional
6.19%
Airbnb
$ 967
Traditional
$ 1,631
Airbnb
53%
Airbnb occupancy rate
Popular Blog Posts
Popular Airbnb Topics
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Springfield, IL
$80 per night
Airbnb occupancy rate 89%
Apartment 2 · 1 · 6
Rental Income: $2,160 per month
539
$155 per night
Airbnb occupancy rate 64%
House 3 · 2 · 8
Rental Income: $3,023 per month
395
$152 per night
Airbnb occupancy rate 79%
House 3 · 1.5 · 9
Rental Income: $3,694 per month
366
$100 per night
Airbnb occupancy rate 76%
House 3 · 2 · 9
Rental Income: $2,300 per month
313
$91 per night
Airbnb occupancy rate 81%
House 3 · 2 · 5
Rental Income: $2,252 per month
270
$83 per night
Airbnb occupancy rate 83%
House 2 · 1 · 4
Rental Income: $2,096 per month
240
$106 per night
Airbnb occupancy rate 75%
Townhouse 2 · 2 · 4
Rental Income: $2,427 per month
227
$119 per night
Airbnb occupancy rate 88%
Apartment 2 · 1 · 2
Rental Income: $3,189 per month
195
Real Estate Investment Analysis - Other Cities in illinois
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Naperville | $560,000 | 3% | 6% | $3,226 | $5,334 | 295 | 79% |
| Elgin | $389,500 | 4% | 9% | $2,785 | $4,440 | 177 | 74% |
| Streamwood | $289,900 | 4% | 8% | $2,159 | $4,411 | 51 | 72% |
| Oswego | $456,395 | 3% | 4% | $2,662 | $3,883 | 94 | 71% |
| SKOKIE | $367,000 | 4% | 5% | $2,511 | $4,052 | 50 | 71% |
| WHEELING | $279,900 | 5% | 6% | $2,256 | $3,466 | 24 | 71% |
| HOFFMAN ESTATES | $339,900 | 4% | 5% | $2,577 | $4,345 | 50 | 70% |
| PEKIN | $126,250 | 9% | 6% | $1,550 | $1,703 | 32 | 70% |
| Bartlett | $389,000 | 4% | 5% | $2,398 | $4,148 | 43 | 70% |
| ELMWOOD PARK | $384,900 | 4% | 6% | $2,504 | $3,701 | 49 | 68% |
| LAKE IN THE HILLS | $312,500 | 4% | 6% | $2,241 | $3,347 | 32 | 68% |
| WADSWORTH | $529,000 | 3% | 4% | $3,363 | $5,806 | 15 | 67% |
| Alsip | $249,999 | 5% | 7% | $2,058 | $3,341 | 21 | 66% |
| WOOD DALE | $325,000 | 4% | 11% | $2,320 | $5,284 | 19 | 66% |
| Carol Stream | $339,777 | 4% | 8% | $2,363 | $4,572 | 37 | 66% |
| Vandalia | $144,950 | 11% | 9% | $1,794 | $2,097 | 10 | 65% |
| Machesney Park | $199,900 | 6% | 7% | $1,637 | $2,126 | 53 | 65% |
| BENSENVILLE | $365,000 | 4% | 8% | $2,251 | $4,564 | 13 | 65% |
| Mundelein | $360,000 | 4% | 6% | $2,495 | $3,798 | 37 | 65% |
Vacation Rentals for Sale in illinois
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