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
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.	$219,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 9.24% Airbnb Rental Income: $1859 Traditional Rental Income: $2665 Airbnb ROI: 2.97% Traditional ROI: 9.24%
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%
105 Timberridge Drive Springfield, IL This is a MUST SEE! Well built all brick beautifully updated condo in The Timbers. Home of...	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%
5 Oakwood Dr Springfield, IL DELAYED MARKETING - A Warm Welcome Home for the Holidays in Lake Knolls! Perfectly nestle...	3 beds \| 1 baths \| 1,388 sq.ft.	$195,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 5.06% Airbnb Rental Income: $1776 Traditional Rental Income: $1525 Airbnb ROI: 3.79% Traditional ROI: 5.06%
200 N Durkin Drive Springfield, IL Reap the benefits of the seller's hard work and investment in this move in ready 3 bedroom...	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%
2138 W LAWRENCE Avenue Springfield, IL Lovely family home with 3 bedrooms and 1.5 baths, 1 car attached garage, and 1 newer car d...	3 beds \| 2 baths \| 1,260 sq.ft.	$179,500	Airbnb cash on cash: 4.3% Traditional cash on cash: 6.85% Airbnb Rental Income: $1761 Traditional Rental Income: $1715 Airbnb ROI: 4.3% Traditional ROI: 6.85%
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%
3136 Lakeshire Drive Springfield, IL Located in the northeast end of Twin Lakes Subdivision, close to the interstate and the no...	2 beds \| 1 baths \| 1,036 sq.ft.	$134,900	Airbnb cash on cash: 2.87% Traditional cash on cash: 7.23% Airbnb Rental Income: $1277 Traditional Rental Income: $1440 Airbnb ROI: 2.87% Traditional ROI: 7.23%
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%
2501 Kipling Drive Springfield, IL Welcome to a meticulously maintained home in Cobbelstoes Estates. This stunning west side ...	4 beds \| 4 baths \| 4,062 sq.ft.	$275,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 8.11% Airbnb Rental Income: $1849 Traditional Rental Income: $3506 Airbnb ROI: -0.2% Traditional ROI: 8.11%
3606 SHERMAN Street Springfield, IL Expect to be charmed the minute you walk in the door! So much bigger on the inside than it...	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%
1532 W EDWARDS Street Springfield, IL Introducing 1532 W Edwards, a historic west side home perfect for a first-time buyer or an...	3 beds \| 1 baths \| 1,714 sq.ft.	$137,500	Airbnb cash on cash: 5.57% Traditional cash on cash: 7.03% Airbnb Rental Income: $1761 Traditional Rental Income: $1471 Airbnb ROI: 5.57% Traditional ROI: 7.03%
320 S Amos Avenue Springfield, IL WOW! This move-in ready 3-bedroom, 1-bath home checks all the boxes. Ideally located on th...	3 beds \| 1 baths \| 1,460 sq.ft.	$135,000	Airbnb cash on cash: 5.77% Traditional cash on cash: 6.76% Airbnb Rental Income: $1761 Traditional Rental Income: $1408 Airbnb ROI: 5.77% Traditional ROI: 6.76%
2452 LINDBERGH Boulevard Springfield, IL Spacious 4-bedroom, 2.5 bath home in desirable Westchester! This well-designed property fe...	4 beds \| 3 baths \| 2,431 sq.ft.	$250,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 7.23% Airbnb Rental Income: $1859 Traditional Rental Income: $2592 Airbnb ROI: 2.01% Traditional ROI: 7.23%
2716 Killarney Road Springfield, IL A great opportunity in Piper Glen. A wonderful floor plan with large white kitchen w/grani...	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%
615 S English Avenue Springfield, IL Exceptional investment opportunity with this fully furnished, turnkey duplex currently ope...	3 beds \| N/A baths \| N/A	$139,751	Airbnb cash on cash: 5.71% Traditional cash on cash: 5.99% Airbnb Rental Income: $1761 Traditional Rental Income: $1316 Airbnb ROI: 5.71% Traditional ROI: 5.99%
20 Trailridge Lane Springfield, IL Fully renovated within the last 3 months! Step inside this beautifully refreshed 3-bedroom...	3 beds \| 2 baths \| 1,326 sq.ft.	$144,900	Airbnb cash on cash: 4.21% Traditional cash on cash: 6.65% Airbnb Rental Income: $1818 Traditional Rental Income: $1666 Airbnb ROI: 4.21% Traditional ROI: 6.65%
443 W VINE Street Springfield, IL Gorgeous move in ready ranch located near Washington Park! This 2 bedroom, 1 bath home off...	2 beds \| 1 baths \| 1,164 sq.ft.	$130,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.86% Airbnb Rental Income: $1309 Traditional Rental Income: $1277 Airbnb ROI: 2.86% Traditional ROI: 5.86%
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%
49 Bellerive Road Springfield, IL This fabulous west side home has so much to offer! The main floor hosts 3 bedrooms and gen...	4 beds \| 3 baths \| 2,039 sq.ft.	$270,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 6.16% Airbnb Rental Income: $1859 Traditional Rental Income: $2488 Airbnb ROI: 1.73% Traditional ROI: 6.16%
2 Beacon Ridge Drive Springfield, IL Welcome home! This exceptional, fully renovated ranch is nestled on a picturesque 1-acre l...	4 beds \| 3 baths \| 3,227 sq.ft.	$385,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 5.5% Airbnb Rental Income: $1729 Traditional Rental Income: $2947 Airbnb ROI: 0.81% Traditional ROI: 5.5%
1129 S SPRING Street Springfield, IL Don't miss out on this maintenance free exterior dulex with great cash flow. Brand new 50 ...	3 beds \| N/A baths \| N/A	$98,500	Airbnb cash on cash: 7.84% Traditional cash on cash: 9.41% Airbnb Rental Income: $1497 Traditional Rental Income: $1209 Airbnb ROI: 7.84% Traditional ROI: 9.41%
830 W JEFFERSON Street Springfield, IL Don't miss out on this maintenance free exterior duplex with great cash flow. Roof 2017, u...	4 beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.94% Airbnb Rental Income: $null Traditional Rental Income: $1189 Airbnb ROI: N/A Traditional ROI: 9.94%
318 S STATE Street Springfield, IL Don't miss out on this like brand new duplex with great cash flow. New 50 year roof, plumb...	5 beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $1210 Airbnb ROI: N/A Traditional ROI: 4.47%
2612 ARLINGTON Drive Springfield, IL Fantastic open-floor-plan ranch offering 3 bedrooms and 2 bathrooms with numerous updates ...	3 beds \| 2 baths \| 1,466 sq.ft.	$229,900	Airbnb cash on cash: 3.07% Traditional cash on cash: 2% Airbnb Rental Income: $1984 Traditional Rental Income: $1233 Airbnb ROI: 3.07% Traditional ROI: 2%
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.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.12% Airbnb Rental Income: $null Traditional Rental Income: $2237 Airbnb ROI: N/A Traditional ROI: 10.12%
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%
1037 WOODLAND Avenue Springfield, IL Exceptional opportunity just two blocks from Washington Park, offering true resort-style l...	3 beds \| 3 baths \| 3,725 sq.ft.	$725,000	Airbnb cash on cash: -1.87% Traditional cash on cash: -0.28% Airbnb Rental Income: $1761 Traditional Rental Income: $2348 Airbnb ROI: -1.87% Traditional ROI: -0.28%
205 GOLF Road Springfield, IL Sitting pretty on an inviting corner lot in the heart of Country Club Estates, this all-br...	2 beds \| 3 baths \| 2,442 sq.ft.	$225,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.89% Airbnb Rental Income: $1312 Traditional Rental Income: $1778 Airbnb ROI: 0.79% Traditional ROI: 4.89%
2029 S WALNUT Street Springfield, IL Great 3 Bed, 1.5 Bath All Brick Ranch In a Terrific Location! Very Nice Floor Plan With a ...	3 beds \| 2 baths \| 1,592 sq.ft.	$159,900	Airbnb cash on cash: 3.26% Traditional cash on cash: 7.4% Airbnb Rental Income: $1497 Traditional Rental Income: $1691 Airbnb ROI: 3.26% Traditional ROI: 7.4%
130 Genoa Drive Springfield, IL Welcome to this charming townhouse in Trevi Gardens, offering peaceful living just minutes...	3 beds \| 2 baths \| 1,262 sq.ft.	$195,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 5.69% Airbnb Rental Income: $1776 Traditional Rental Income: $1615 Airbnb ROI: 3.94% Traditional ROI: 5.69%
259 N COLUMBIA Avenue Springfield, IL Don't miss this well maintained 3BR/1.5BA home with a great location close to everything y...	3 beds \| 2 baths \| 1,557 sq.ft.	$194,900	Airbnb cash on cash: 3.84% Traditional cash on cash: 5.93% Airbnb Rental Income: $1761 Traditional Rental Income: $1666 Airbnb ROI: 3.84% Traditional ROI: 5.93%
2409 Flaxen Mill Court Springfield, IL Nestled on a quiet cul-de-sac on Springfield's Westside, this inviting 3 bedroom, 3 bath h...	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 aesthet...	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%
2914 S PARK Avenue Springfield, IL Don't let the street view fool you! Nestled in desirable Jerome, this home offers 5 bedroo...	5 beds \| 3 baths \| 2,845 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.08% Airbnb Rental Income: $null Traditional Rental Income: $2833 Airbnb ROI: N/A Traditional ROI: 8.08%
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%
2523 GAYLORD Avenue Springfield, IL This lovely ranch home is situated between Chatham Rd and Veterans. Easy access to highway...	3 beds \| 3 baths \| 2,436 sq.ft.	$230,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 8.83% Airbnb Rental Income: $1818 Traditional Rental Income: $2622 Airbnb ROI: 2.87% Traditional ROI: 8.83%
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: 2.07% Traditional cash on cash: 7.45% Airbnb Rental Income: $1626 Traditional Rental Income: $2311 Airbnb ROI: 2.07% 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%

Real Estate investment in Springfield, IL

There are 231 properties for sale in the city of Springfield . The median list price in Springfield is $228,000 and the average price per square foot is $119. In January 2026, the average monthly cash on cash return in Springfield is 8.00%. The average monthly rental income in Springfield is $1,946.

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

There are 231 investment properties available for sale in Springfield.

In 2026, the best neighborhood to buy investment property is Pioneer Park.

The ROI for Long-Term is higher than the Short-Term in Springfield with average rental income of $1,946.

Your search for investment property begins and ends here

Investment Property for Sale in Springfield, IL

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.

$219,900

Airbnb cash on cash: 2.97%

Traditional cash on cash: 9.24%

Airbnb Rental Income: $1859

Traditional Rental Income: $2665

Airbnb ROI: 2.97%

Traditional ROI: 9.24%

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%

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%

5 Oakwood Dr

Springfield, IL

3 beds | 1 baths | 1,388 sq.ft.

$195,000

Airbnb cash on cash: 3.79%

Traditional cash on cash: 5.06%

Airbnb Rental Income: $1776

Traditional Rental Income: $1525

Airbnb ROI: 3.79%

Traditional ROI: 5.06%

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%

Traditional ROI: 5.1%

2138 W LAWRENCE Avenue

Springfield, IL

3 beds | 2 baths | 1,260 sq.ft.

$179,500

Airbnb cash on cash: 4.3%

Traditional cash on cash: 6.85%

Airbnb Rental Income: $1761

Traditional Rental Income: $1715

Airbnb ROI: 4.3%

Traditional ROI: 6.85%

6209 MACKENZIE Place

Springfield, IL

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%