Real Estate Investment Properties for Sale in Springfield, IL

Looking for investment property in Springfield, IL with high ROI ?

Explore a variety of short-term homes & houses in Springfield, IL. Invest wisely with VRBO & Springfield, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Springfield, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2212 GREENBRIAR Road Springfield, IL Let's talk about curb appeal! This three-bedroom brick ranch home was recently landscaped ...	3 beds \| 2 baths \| 2,025 sq.ft.	$324,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.98% Airbnb Rental Income: $1984 Traditional Rental Income: $2226 Airbnb ROI: 1.48% Traditional ROI: 3.98%
2357 S 8TH Street Springfield, IL This charming bungalow blends craftsmanship, modern updates & undeniable character in a ce...	2 beds \| 1 baths \| 965 sq.ft.	$119,500	Airbnb cash on cash: 3.59% Traditional cash on cash: 9.65% Airbnb Rental Income: $1211 Traditional Rental Income: $1519 Airbnb ROI: 3.59% Traditional ROI: 9.65%
29 Belhaven Drive Springfield, IL This sprawling Westchester ranch lives large across one expansive level with gorgeous bric...	4 beds \| 3 baths \| 2,148 sq.ft.	$224,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 9.01% Airbnb Rental Income: $1859 Traditional Rental Income: $2665 Airbnb ROI: 2.89% Traditional ROI: 9.01%
1927 S COLLEGE Street Springfield, IL Discover this beautifully transformed home in the heart of Springfield, offering unbeatabl...	3 beds \| 2 baths \| 1,304 sq.ft.	$129,900	Airbnb cash on cash: 4.73% Traditional cash on cash: 10.76% Airbnb Rental Income: $1497 Traditional Rental Income: $1812 Airbnb ROI: 4.73% Traditional ROI: 10.76%
3149 BEAVER CREEK Lane Springfield, IL Take a look at this 3 bedroom, 2 bath home conveniently located need parks, retail and Lak...	3 beds \| 2 baths \| 1,879 sq.ft.	$349,900	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.97% Airbnb Rental Income: $1040 Traditional Rental Income: $2187 Airbnb ROI: -0.62% Traditional ROI: 3.97%
2125 Dunwich Drive Springfield, IL This well-kept 3bed 2bath ranch sits on a quiet cul-de-sac in Northgate Subdivision with a...	3 beds \| 2 baths \| 1,272 sq.ft.	$159,900	Airbnb cash on cash: 4.67% Traditional cash on cash: 8.79% Airbnb Rental Income: $1645 Traditional Rental Income: $1811 Airbnb ROI: 4.67% Traditional ROI: 8.79%
105 Timberridge Drive Springfield, IL This is a MUST SEE! Well built all brick beautifully updated condo in The Timbers. Home ...	3 beds \| 3 baths \| 4,136 sq.ft.	$329,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 4.11% Airbnb Rental Income: $1818 Traditional Rental Income: $2379 Airbnb ROI: 0.72% Traditional ROI: 4.11%
200 N Durkin Drive Springfield, IL Reap the benefits of the sellerâs hard work and investment in this move in ready 3 bedro...	3 beds \| 2 baths \| 1,428 sq.ft.	$235,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 5.1% Airbnb Rental Income: $1818 Traditional Rental Income: $1860 Airbnb ROI: 2.7% Traditional ROI: 5.1%
6209 MACKENZIE Place Springfield, IL Welcome home to this sprawling 4 bedroom, 3.5 bathroom split floorplan ranch with a walk-o...	4 beds \| 4 baths \| 4,894 sq.ft.	$595,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.89% Airbnb Rental Income: $1859 Traditional Rental Income: $3457 Airbnb ROI: -0.88% Traditional ROI: 2.89%
2054 BRENTWOOD Drive Springfield, IL This nicely updated, move-in-ready 3BR/2BA ranch with full basement & 2.5-car detached gar...	3 beds \| 2 baths \| 1,996 sq.ft.	$209,900	Airbnb cash on cash: 4.49% Traditional cash on cash: 8.44% Airbnb Rental Income: $1984 Traditional Rental Income: $2250 Airbnb ROI: 4.49% Traditional ROI: 8.44%
629 W WASHINGTON Street Springfield, IL This centrally located 6 unit complex is currently sitting at full occupancy, and very rar...	N/A beds \| N/A baths \| 3,300 sq.ft.	$350,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 1.29% Airbnb Rental Income: $1372 Traditional Rental Income: $1759 Airbnb ROI: -1.16% Traditional ROI: 1.29%
2533 Charlack Avenue Springfield, IL Beautifully updated and move-in ready, this spacious 5-bedroom, 3.5-bath home offers room ...	5 beds \| 4 baths \| 3,080 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $3322 Airbnb ROI: N/A Traditional ROI: 7.26%
3606 SHERMAN Street Springfield, IL Expect to be charmed the minute you walk in the door! So much bigger on the inside than i...	3 beds \| 2 baths \| 1,650 sq.ft.	$160,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 9.78% Airbnb Rental Income: $1040 Traditional Rental Income: $2009 Airbnb ROI: 1.07% Traditional ROI: 9.78%
2005 Clara Mae Court Springfield, IL Welcome to this beautifully maintained 2-bed, 2-bath ranch style duplex on a crawl. Step i...	2 beds \| 2 baths \| 1,308 sq.ft.	$183,900	Airbnb cash on cash: 2.15% Traditional cash on cash: 7.16% Airbnb Rental Income: $1496 Traditional Rental Income: $1933 Airbnb ROI: 2.15% Traditional ROI: 7.16%
3008 Dunwich Avenue Springfield, IL This very well-maintained, very well kept, 2-bedroom, 1- bath attached single family home ...	2 beds \| 1 baths \| 1,000 sq.ft.	$124,900	Airbnb cash on cash: 4.25% Traditional cash on cash: 7.98% Airbnb Rental Income: $1309 Traditional Rental Income: $1350 Airbnb ROI: 4.25% Traditional ROI: 7.98%
1042 N 1ST Street Springfield, IL INVESTORS!!! Unit A $853 Unit B $799 Unit C Will be rented out before closin...	N/A beds \| N/A baths \| 1,644 sq.ft.	$130,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 9.98% Airbnb Rental Income: $1470 Traditional Rental Income: $1686 Airbnb ROI: 4.78% Traditional ROI: 9.98%
2716 Killarney Road Springfield, IL A great opportunity in Piper Glen. A wonderful floor plan with large white kitchen w/gran...	4 beds \| 3 baths \| 3,509 sq.ft.	$499,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.73% Airbnb Rental Income: $1859 Traditional Rental Income: $2739 Airbnb ROI: -0.23% Traditional ROI: 2.73%
55 Trailridge Lane Springfield, IL A RARE LAKE FRONT FIND. Nestled in the highly sought-after Fallingbrook Townhomes of Sprin...	3 beds \| 3 baths \| 1,392 sq.ft.	$139,900	Airbnb cash on cash: 5.85% Traditional cash on cash: 10.5% Airbnb Rental Income: $1818 Traditional Rental Income: $1950 Airbnb ROI: 5.85% Traditional ROI: 10.5%
1408 N 3RD Street Springfield, IL 1 1/2 Blocks to Lincoln Park, Showcase Home, Designer Kitchen, Many Hardwood Floors, Livin...	3 beds \| 2 baths \| 1,305 sq.ft.	$129,900	Airbnb cash on cash: 5.82% Traditional cash on cash: 10.57% Airbnb Rental Income: $1668 Traditional Rental Income: $1794 Airbnb ROI: 5.82% Traditional ROI: 10.57%
908 N WALNUT Street Springfield, IL Step into this beautifully renovated 2 bedroom, 2 full bath home where modern comfort meet...	2 beds \| 2 baths \| 1,176 sq.ft.	$140,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.73% Airbnb Rental Income: $1296 Traditional Rental Income: $1662 Airbnb ROI: 1.99% Traditional ROI: 7.73%
2 Beacon Ridge Drive Springfield, IL Welcome home! This exceptional, fully renovated ranch is nestled on a picturesque 1-acre ...	4 beds \| 3 baths \| 3,227 sq.ft.	$395,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.34% Airbnb Rental Income: $1729 Traditional Rental Income: $2947 Airbnb ROI: 0.77% Traditional ROI: 5.34%
3163 CARMAN Avenue Springfield, IL COMING SOON! Showings start this Friday Nov. 21st. Adorable and updated 2 bedroom, 1 bath...	2 beds \| 1 baths \| 1,020 sq.ft.	$115,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 5.91% Airbnb Rental Income: $1211 Traditional Rental Income: $1094 Airbnb ROI: 3.45% Traditional ROI: 5.91%
2421 ARROWHEAD Drive Springfield, IL Located in a popular neighborhood, this versatile 3-4 bedroom tri-level home offers space ...	3 beds \| 2 baths \| 1,736 sq.ft.	$209,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 4.21% Airbnb Rental Income: $1645 Traditional Rental Income: $1554 Airbnb ROI: 2.34% Traditional ROI: 4.21%
1001 S 1ST Street Springfield, IL Apartment Building features 6 units - 3 1 bedrooms - 3 2 bedrooms. New roof 2025, new entr...	N/A beds \| N/A baths \| 5,520 sq.ft.	$399,000	Airbnb cash on cash: -0.38% Traditional cash on cash: -0.44% Airbnb Rental Income: $1372 Traditional Rental Income: $932 Airbnb ROI: -0.38% Traditional ROI: -0.44%
342 S DOUGLAS Avenue Springfield, IL Enjoy timeless character and modern comfort in this 3-4-bedroom, 3-bath home, situated on ...	4 beds \| 3 baths \| 2,376 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $2237 Airbnb ROI: N/A Traditional ROI: 9.22%
3223 WEST Street Springfield, IL Is a new, cozy, wonderfully adorned home on your Christmas list? Santa can have you in thi...	3 beds \| 2 baths \| 1,654 sq.ft.	$218,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 3.58% Airbnb Rental Income: $1626 Traditional Rental Income: $1406 Airbnb ROI: 2.42% Traditional ROI: 3.58%
2001 MARYKNOLL Place Springfield, IL Tucked away at the end of a peaceful cul-de-sac in the desirable Tara Hill neighborhood, t...	3 beds \| 3 baths \| 5,603 sq.ft.	$529,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 0.76% Airbnb Rental Income: $1761 Traditional Rental Income: $2319 Airbnb ROI: -1.35% Traditional ROI: 0.76%
2409 Flaxen Mill Court Springfield, IL Nestled on a quiet cul-de-sac on Springfieldâs Westside, this inviting 3 bedroom, 3 bath...	3 beds \| 3 baths \| 2,472 sq.ft.	$290,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 5.83% Airbnb Rental Income: $1984 Traditional Rental Income: $2434 Airbnb ROI: 2.28% Traditional ROI: 5.83%
1004 Bryn Mawr Boulevard Springfield, IL Welcome home to this cozy, adorable all brick home with a park-like yard! From the aesthe...	3 beds \| 2 baths \| 1,312 sq.ft.	$189,900	Airbnb cash on cash: 2.92% Traditional cash on cash: 7.43% Airbnb Rental Income: $1497 Traditional Rental Income: $1872 Airbnb ROI: 2.92% Traditional ROI: 7.43%
209 E SPRUCE Street Springfield, IL This 2-bedroom, 1-bath bungalow offers 982sf of living space. It has recently been refresh...	2 beds \| 1 baths \| 982 sq.ft.	$113,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 9.15% Airbnb Rental Income: $1255 Traditional Rental Income: $1407 Airbnb ROI: 4.16% Traditional ROI: 9.15%
2052 N 20TH Street Springfield, IL Discover your dream home in this beautifully renovated, move-in-ready gem! Nestled in a fr...	3 beds \| 2 baths \| 1,712 sq.ft.	$159,900	Airbnb cash on cash: 4.24% Traditional cash on cash: 7.1% Airbnb Rental Income: $1645 Traditional Rental Income: $1618 Airbnb ROI: 4.24% Traditional ROI: 7.1%
3700 WESTGATE Drive Springfield, IL Step into this stunning, like-new ranch-style attached home featuring an open floor plan a...	2 beds \| 2 baths \| 1,688 sq.ft.	$394,500	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.36% Airbnb Rental Income: $1700 Traditional Rental Income: $2269 Airbnb ROI: 1.55% Traditional ROI: 4.36%
922 - 924 N 4TH Street Springfield, IL ATTENTION INVESTORS!! 1 SINGLE FAMILY HOME & 1 DUPLEX Welcome to 922 & 924 4th Street, a...	3 beds \| 3 baths \| 1,302 sq.ft.	$176,900	Airbnb cash on cash: 4.19% Traditional cash on cash: 7.43% Airbnb Rental Income: $1645 Traditional Rental Income: $1727 Airbnb ROI: 4.19% Traditional ROI: 7.43%
3058 TWIN LAKES Drive Springfield, IL This home has had a freshen up, new paint and the buyer will have a BRAND new roof (prior ...	3 beds \| 2 baths \| 1,731 sq.ft.	$225,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 7.45% Airbnb Rental Income: $1626 Traditional Rental Income: $2311 Airbnb ROI: 2.08% Traditional ROI: 7.45%
2491 W WASHINGTON Street Springfield, IL This all brick ranch, located on the west side, has been updated throughout! You are sure ...	3 beds \| 2 baths \| 2,028 sq.ft.	$217,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 7.19% Airbnb Rental Income: $1818 Traditional Rental Income: $2110 Airbnb ROI: 3.39% Traditional ROI: 7.19%
2620 Griffiths Avenue Springfield, IL Discover this beautifully renovated home, just steps from Wilcox School, offering modern l...	4 beds \| 1 baths \| 1,634 sq.ft.	$177,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $1512 Airbnb ROI: N/A Traditional ROI: 5.68%
4621 Eugene Court Springfield, IL Quality brand new build by Cochran Construction with zero step entry! This gorgeous attach...	2 beds \| 3 baths \| 1,722 sq.ft.	$389,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.99% Airbnb Rental Income: $1576 Traditional Rental Income: $2374 Airbnb ROI: 1.57% Traditional ROI: 4.99%
1412 WINSTON Drive Springfield, IL Brand-New quality built 3 bedroom, 2 bath ranch by Brooklynn Homes. Located on Springfiel...	3 beds \| 2 baths \| 1,872 sq.ft.	$463,228	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.67% Airbnb Rental Income: $2008 Traditional Rental Income: $2226 Airbnb ROI: -0.04% Traditional ROI: 1.67%

Real Estate investment in Springfield, IL

There are 220 properties for sale in the city of Springfield . The median list price in Springfield is $177,200 and the average price per square foot is $84. In December 2025, the average monthly cash on cash return in Springfield is 9.00%. The average monthly rental income in Springfield is $1,972.

Springfield, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 220 investment properties available for sale in Springfield.

In 2025, the best neighborhood to buy investment property is Mather and Wells.

The ROI for Long-Term is higher than the Short-Term in Springfield with average rental income of $1,972.

Your search for investment property begins and ends here

Investment Property for Sale in Springfield, IL

2212 GREENBRIAR Road

Springfield, IL

3 beds | 2 baths | 2,025 sq.ft.

$324,900

Airbnb cash on cash: 1.48%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $1984

Traditional Rental Income: $2226

Airbnb ROI: 1.48%

Traditional ROI: 3.98%

2357 S 8TH Street

Springfield, IL

2 beds | 1 baths | 965 sq.ft.

$119,500

Airbnb cash on cash: 3.59%

Traditional cash on cash: 9.65%

Airbnb Rental Income: $1211

Traditional Rental Income: $1519

Airbnb ROI: 3.59%

Traditional ROI: 9.65%

29 Belhaven Drive

Springfield, IL

4 beds | 3 baths | 2,148 sq.ft.

$224,900

Airbnb cash on cash: 2.89%

Traditional cash on cash: 9.01%

Airbnb Rental Income: $1859

Traditional Rental Income: $2665

Airbnb ROI: 2.89%

Traditional ROI: 9.01%

1927 S COLLEGE Street

Springfield, IL

3 beds | 2 baths | 1,304 sq.ft.

$129,900

Airbnb cash on cash: 4.73%

Traditional cash on cash: 10.76%

Airbnb Rental Income: $1497

Traditional Rental Income: $1812

Airbnb ROI: 4.73%

Traditional ROI: 10.76%

3149 BEAVER CREEK Lane

Springfield, IL

3 beds | 2 baths | 1,879 sq.ft.

$349,900

Airbnb cash on cash: -0.62%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $1040

Traditional Rental Income: $2187

Airbnb ROI: -0.62%

Traditional ROI: 3.97%

2125 Dunwich Drive

Springfield, IL

3 beds | 2 baths | 1,272 sq.ft.

$159,900

Airbnb cash on cash: 4.67%

Traditional cash on cash: 8.79%

Airbnb Rental Income: $1645

Traditional Rental Income: $1811

Airbnb ROI: 4.67%

Traditional ROI: 8.79%

105 Timberridge Drive

Springfield, IL

3 beds | 3 baths | 4,136 sq.ft.

$329,900

Airbnb cash on cash: 0.72%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $1818

Traditional Rental Income: $2379

Airbnb ROI: 0.72%

Traditional ROI: 4.11%

200 N Durkin Drive

Springfield, IL

3 beds | 2 baths | 1,428 sq.ft.

$235,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $1818

Traditional Rental Income: $1860

Airbnb ROI: 2.7%