Springfield Investment Analysis

Investment Property in Springfield, IL

Springfield, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$ 152,500

Median

2,154

Avg/Sq.ft.
CASH ON CASH RETURN

8.00%

Traditional

11.00%

Airbnb
NUMBER OF PROPERTIES

119

Investment

1,354

Airbnb

22

Traditional

66%

Airbnb occupancy rate

Springfield, IL Properties Rental Prices

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Investment Properties for Sale in Springfield, IL

Investment Properties for Sale
$175,000
MLS CA1027980
Historic West Side
Single Family Residential
3 beds 2 baths 1,934 sq.ft.
CAP RATE Trad. 8.26% Airbnb 10.24%
Investment Properties for Sale
$199,999
MLS CA1028440
Jefferson Park
Single Family Residential
3 beds 3 baths 2,100 sq.ft.
CAP RATE Trad. 9.71% Airbnb 10.17%
Investment Properties for Sale
$174,900
MLS CA1028364
Historic West Side
Single Family Residential
3 beds 2 baths 1,557 sq.ft.
CAP RATE Trad. 7.06% Airbnb 10.17%
Investment Properties for Sale
$199,900
MLS CA1028345
Jefferson Park
Single Family Residential
3 beds 3 baths 2,056 sq.ft.
CAP RATE Trad. 9.20% Airbnb 9.79%
Investment Properties for Sale
$144,900
MLS CA1028094
Indian Hills
Single Family Residential
3 beds 2 baths 1,758 sq.ft.
CAP RATE Trad. 9.17% Airbnb 9.61%
Investment Properties for Sale
$149,900
MLS CA1028215
Twin Lakes
Single Family Residential
3 beds 2 baths 1,220 sq.ft.
CAP RATE Trad. 8.59% Airbnb 9.41%
Investment Properties for Sale
$109,900
MLS CA1028101
Near South
Single Family Residential
2 beds 1 baths 962 sq.ft.
CAP RATE Trad. 9.36% Airbnb 9.26%
Investment Properties for Sale
$149,900
MLS CA1028450
Lincoln Park
Single Family Residential
3 beds 2 baths 1,809 sq.ft.
CAP RATE Trad. 8.47% Airbnb 9.01%

Single Family Houses for Sale in Springfield, IL

Investment Properties for Sale
$175,000
MLS CA1027980
Historic West Side
Single Family Residential
3 beds 2 baths 1,934 sq.ft.
CAP RATE Trad. 8.26% Airbnb 10.24%
Investment Properties for Sale
$199,999
MLS CA1028440
Jefferson Park
Single Family Residential
3 beds 3 baths 2,100 sq.ft.
CAP RATE Trad. 9.71% Airbnb 10.17%
Investment Properties for Sale
$174,900
MLS CA1028364
Historic West Side
Single Family Residential
3 beds 2 baths 1,557 sq.ft.
CAP RATE Trad. 7.06% Airbnb 10.17%
Investment Properties for Sale
$199,900
MLS CA1028345
Jefferson Park
Single Family Residential
3 beds 3 baths 2,056 sq.ft.
CAP RATE Trad. 9.20% Airbnb 9.79%
Investment Properties for Sale
$144,900
MLS CA1028094
Indian Hills
Single Family Residential
3 beds 2 baths 1,758 sq.ft.
CAP RATE Trad. 9.17% Airbnb 9.61%
Investment Properties for Sale
$149,900
MLS CA1028215
Twin Lakes
Single Family Residential
3 beds 2 baths 1,220 sq.ft.
CAP RATE Trad. 8.59% Airbnb 9.41%
Investment Properties for Sale
$109,900
MLS CA1028101
Near South
Single Family Residential
2 beds 1 baths 962 sq.ft.
CAP RATE Trad. 9.36% Airbnb 9.26%
Investment Properties for Sale
$149,900
MLS CA1028450
Lincoln Park
Single Family Residential
3 beds 2 baths 1,809 sq.ft.
CAP RATE Trad. 8.47% Airbnb 9.01%

Multi Family Houses for sale in Springfield, IL

Investment Properties for Sale
$59,500
MLS CA1024154
Vinegar Hill
Multi Family
N/A beds N/A baths 4,351 sq.ft.
CAP RATE Trad. 8.49% Airbnb N/A
Investment Properties for Sale
$112,000
MLS CA1027877
Vinegar Hill
Multi Family
N/A beds N/A baths 2,096 sq.ft.
CAP RATE Trad. 6.21% Airbnb N/A
Investment Properties for Sale
$149,900
MLS CA1025773
Vinegar Hill
Multi Family
N/A beds N/A baths 2,083 sq.ft.
CAP RATE Trad. 5.51% Airbnb N/A
Investment Properties for Sale
$125,000
MLS CA1022940
Historic West Side
Multi Family
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 4.42% Airbnb N/A
Investment Properties for Sale
$160,000
MLS CA1027681
Old Aristocracy Hill
Multi Family
N/A beds N/A baths 2,900 sq.ft.
CAP RATE Trad. 4.35% Airbnb N/A
Investment Properties for Sale
$185,000
MLS CA1025832
Enos Park
Multi Family
N/A beds N/A baths 3,176 sq.ft.
CAP RATE Trad. 3.56% Airbnb N/A
Investment Properties for Sale
$175,000
MLS CA1028452
Vinegar Hill
Multi Family
N/A beds N/A baths 1,950 sq.ft.
CAP RATE Trad. 3.34% Airbnb N/A
Investment Properties for Sale
$250,000
MLS CA1027204
Enos Park
Multi Family
N/A beds N/A baths 2,446 sq.ft.
CAP RATE Trad. 1.58% Airbnb N/A

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Springfield, IL

The Purple Awning House at Lincoln Park
$86 per night Airbnb occupancy rate 83%
Apartment 2 · 1 · 6
Rental Income: $2,172 per month
5
595
The Big Green House by the Capitol
$147 per night Airbnb occupancy rate 65%
House 3 · 2 · 8
Rental Income: $2,928 per month
5
427
Historic Craftsman Style Boutique House
$151 per night Airbnb occupancy rate 80%
House 3 · 1.5 · 9
Rental Income: $3,674 per month
5
387
From home to home by Jeffrey
$96 per night Airbnb occupancy rate 79%
House 3 · 2 · 9
Rental Income: $2,312 per month
5
332
HomeAway.
$87 per night Airbnb occupancy rate 80%
House 2 · 2 · 5
Rental Income: $2,132 per month
5
319
Central location. Quiet Cozy Welcoming Bungalow.
$89 per night Airbnb occupancy rate 88%
House 2 · 1 · 4
Rental Income: $2,381 per month
5
272
Dragonfly Apartment
$101 per night Airbnb occupancy rate 73%
Townhouse 2 · 2 · 4
Rental Income: $2,247 per month
5
246
Your Tiny Home Cabin
$63 per night Airbnb occupancy rate 92%
Tiny house 2 · 1 · 4
Rental Income: $1,769 per month
5
241

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
PEKIN $132,450 10% 8% $1,683 $1,934 30 73%
Vandalia $166,000 11% 13% $2,024 $2,332 10 72%
SKOKIE $388,750 4% 4% $2,551 $3,680 62 70%
Naperville $675,000 3% 5% $3,594 $3,718 366 70%
Elgin $419,000 4% 7% $2,901 $4,051 165 66%
Lombard $364,500 4% 6% $2,418 $4,536 67 66%
WOOD DALE $355,000 4% 6% $2,580 $5,041 16 66%
LAKE IN THE HILLS $337,450 5% 6% $2,626 $4,682 32 66%
BERWYN $350,500 4% 4% $2,278 $2,905 50 64%
Palatine $349,500 4% 5% $2,364 $3,398 71 64%
ELMWOOD PARK $373,000 4% 3% $2,601 $2,840 31 63%
WADSWORTH $454,900 3% 7% $3,019 $8,265 21 63%
Oswego $430,000 4% 6% $2,900 $6,237 81 62%
Bellwood $227,400 5% 6% $1,997 $2,803 16 62%
Carol Stream $399,900 4% 7% $2,795 $4,148 43 62%
Park Forest $155,000 7% 12% $2,202 $3,662 75 61%
WHEELING $259,450 5% 4% $2,365 $2,787 36 61%
Mundelein $357,450 4% 3% $2,696 $2,848 42 59%
Machesney Park $184,900 7% 6% $1,666 $2,023 20 58%
View all illinois cities

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