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
2320 CHATHAM Road Springfield, IL Welcome to this spacious 5BR, 3.5 bath stone and brick home offering 3676 sf of living spa...	5 beds \| 4 baths \| 3,676 sq.ft.	$479,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.72% Airbnb Rental Income: $2458 Traditional Rental Income: $3399 Airbnb ROI: 0.29% Traditional ROI: 3.72%
2800 Via Rosso Street #603 Springfield, IL NEW ROOF in 2025 on this 2017 home. 3 BD/2BA/2CAR. A little love will go a long way! Profe...	3 beds \| 2 baths \| N/A	$175,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 10.59% Airbnb Rental Income: $1416 Traditional Rental Income: $2039 Airbnb ROI: 4.3% Traditional ROI: 10.59%
2 Groton Drive Springfield, IL Welcome home to this inviting two story in Hanover Hills! This 4-bedroom, 2-bath home sits...	4 beds \| 2 baths \| 2,177 sq.ft.	$225,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 7.61% Airbnb Rental Income: $1875 Traditional Rental Income: $2335 Airbnb ROI: 3.1% Traditional ROI: 7.61%
2421 MAYFAIR Road Springfield, IL Move right into this 3 bedroom, 2 bathroom home in Stratford Place! You'll appreciate the ...	3 beds \| 2 baths \| 1,504 sq.ft.	$189,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.1% Airbnb Rental Income: $1416 Traditional Rental Income: $1910 Airbnb ROI: 1.99% Traditional ROI: 7.1%
1713 HOLMES Avenue Springfield, IL Come take a look at this delightful 2-bedroom bungalow in the heart of town! This home ble...	2 beds \| 1 baths \| 837 sq.ft.	$144,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 6.57% Airbnb Rental Income: $1237 Traditional Rental Income: $1406 Airbnb ROI: 2.5% Traditional ROI: 6.57%
3824 Viking Boulevard Springfield, IL Don't miss this beautifully remodeled 4-bedroom, 2-bath home offering a SPFLD address with...	4 beds \| 2 baths \| 2,303 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $2394 Airbnb ROI: N/A Traditional ROI: 5.59%
3137 TEMPLE Drive Springfield, IL This spacious ranch home offers room for everyone, both inside and out! The full basement ...	4 beds \| 2 baths \| 3,194 sq.ft.	$269,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 5.27% Airbnb Rental Income: $1646 Traditional Rental Income: $2238 Airbnb ROI: 1.11% Traditional ROI: 5.27%
3028 Sutherland Road Springfield, IL Move-In Ready 4-Bedroom Home with a Spacious Split-Level Design in Springfield's Northgate...	4 beds \| 2 baths \| 1,608 sq.ft.	$199,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 7.35% Airbnb Rental Income: $1637 Traditional Rental Income: $2053 Airbnb ROI: 2.72% Traditional ROI: 7.35%
7 Whisperglen Lane Springfield, IL Looking for spacious living, westside location and no outisde maintenance to worry about? ...	3 beds \| 3 baths \| 1,450 sq.ft.	$157,500	Airbnb cash on cash: 4.35% Traditional cash on cash: 9.41% Airbnb Rental Income: $1569 Traditional Rental Income: $1880 Airbnb ROI: 4.35% Traditional ROI: 9.41%
7003 Preston Drive Springfield, IL Welcome to 7003 Preston Drive, an exceptional home that will redefine your expectations of...	3 beds \| 2 baths \| 2,153 sq.ft.	$350,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 4.01% Airbnb Rental Income: $1603 Traditional Rental Income: $2279 Airbnb ROI: 0.56% Traditional ROI: 4.01%
2628 S 5TH Street Springfield, IL Well-maintained 3BR property with excellent visibility. Main level features a spacious liv...	3 beds \| 2 baths \| 1,280 sq.ft.	$145,000	Airbnb cash on cash: 4.25% Traditional cash on cash: 8.94% Airbnb Rental Income: $1518 Traditional Rental Income: $1727 Airbnb ROI: 4.25% Traditional ROI: 8.94%
2014 N 9th Street Springfield, IL Absolutely adorable brick bungalow that is move in ready from top to bottom! Major updates...	3 beds \| 2 baths \| 1,180 sq.ft.	$169,900	Airbnb cash on cash: 5.39% Traditional cash on cash: 7.3% Airbnb Rental Income: $1872 Traditional Rental Income: $1681 Airbnb ROI: 5.39% Traditional ROI: 7.3%
629 W WASHINGTON Street Springfield, IL This centrally located 6 unit complex is in a high traffic area, and has a very high occup...	8 beds \| 4 baths \| N/A	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.09% Airbnb Rental Income: $null Traditional Rental Income: $1759 Airbnb ROI: N/A Traditional ROI: 1.09%
1710 NOBLE Avenue Springfield, IL Welcome to your dream family complex! This unique, remarkably spacious home offers unmatch...	4 beds \| 2 baths \| 3,600 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2252 Airbnb ROI: N/A Traditional ROI: 4.1%
2907 CINDY Lane Springfield, IL Beautifully maintained west side duplex in desirable Cobblestone offering 3 bedrooms, 3 fu...	3 beds \| 3 baths \| 2,328 sq.ft.	$319,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.3% Airbnb Rental Income: $1435 Traditional Rental Income: $2372 Airbnb ROI: -0.25% Traditional ROI: 4.3%
330 S STATE Street Springfield, IL Beautifully updated and move-in ready home featuring 3 bedrooms and 2 full bathrooms. Ever...	3 beds \| 2 baths \| 1,938 sq.ft.	$175,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 9.73% Airbnb Rental Income: $1763 Traditional Rental Income: $2101 Airbnb ROI: 4.81% Traditional ROI: 9.73%
2208 Trowbridge Road Springfield, IL Welcome to this beautifully updated tri-level home in the highly sought-after Franklin Par...	4 beds \| 2 baths \| 2,196 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 4.62%
4 Sebring Rd Springfield, IL Very well cared for all brick ranch on the Rail Golf Course. Beautiful hardwood floors and...	4 beds \| 3 baths \| 3,835 sq.ft.	$425,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 4.35% Airbnb Rental Income: $1814 Traditional Rental Income: $2966 Airbnb ROI: 0.32% Traditional ROI: 4.35%
6813 S STEPHENSON Lane Springfield, IL Don't wait to see this gorgeous multi-level home with Springfield address and highly sough...	4 beds \| 2 baths \| 3,326 sq.ft.	$340,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.49% Airbnb Rental Income: $1557 Traditional Rental Income: $2778 Airbnb ROI: 0.26% Traditional ROI: 5.49%
2919 MEADOWBROOK Road #22 Springfield, IL Welcome to 2919 Meadowbrook, and enjoy the convenience of West side living in this beautif...	2 beds \| 2 baths \| 1,116 sq.ft.	$200,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.98% Airbnb Rental Income: $1069 Traditional Rental Income: $1702 Airbnb ROI: -0.29% Traditional ROI: 4.98%
2924 S 3RD Street Springfield, IL Adorable, conveniently located home in desirable Southern View. This charming two bedroom,...	2 beds \| 2 baths \| 977 sq.ft.	$139,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 7.67% Airbnb Rental Income: $1446 Traditional Rental Income: $1474 Airbnb ROI: 4.26% Traditional ROI: 7.67%
2 LARIAT Drive Springfield, IL Situated in popular Val-e-Vue Subdivision, this beautifully updated tri-level home offers ...	3 beds \| 2 baths \| 2,301 sq.ft.	$205,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 8.22% Airbnb Rental Income: $1408 Traditional Rental Income: $2319 Airbnb ROI: 1.35% Traditional ROI: 8.22%
6808 Ninebark Drive Springfield, IL Lake Pointe subdivision offers this super clean and updated ranch over a finished basement...	4 beds \| 4 baths \| 2,987 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $3092 Airbnb ROI: N/A Traditional ROI: 4.6%
101 Adloff Lane Springfield, IL Step into this beautifully refreshed 3-bedroom, 2-bath home offering nearly 1,900 sq ft of...	3 beds \| 2 baths \| 1,838 sq.ft.	$209,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 7.6% Airbnb Rental Income: $1416 Traditional Rental Income: $2032 Airbnb ROI: 2.37% Traditional ROI: 7.6%
5616 Legacy Lane Springfield, IL Exceptional quality, thoughtful updates, & a premier location combine to make this Centenn...	4 beds \| 4 baths \| 4,193 sq.ft.	$562,500	Airbnb cash on cash: -1.26% Traditional cash on cash: 2.76% Airbnb Rental Income: $1611 Traditional Rental Income: $3263 Airbnb ROI: -1.26% Traditional ROI: 2.76%
49 Etherton Lane Springfield, IL Tucked away on a secluded 2-acre lot, this charming 3-bedroom, 2-bath two-story home offer...	3 beds \| 3 baths \| 2,756 sq.ft.	$289,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.49% Airbnb Rental Income: $1585 Traditional Rental Income: $2548 Airbnb ROI: 1.3% Traditional ROI: 6.49%
520 W MAPLE Avenue Springfield, IL Charming 1.5-story home conveniently located near shopping, schools, and everyday amenitie...	4 beds \| 3 baths \| 2,605 sq.ft.	$175,000	Airbnb cash on cash: 5.38% Traditional cash on cash: 8.26% Airbnb Rental Income: $1945 Traditional Rental Income: $1911 Airbnb ROI: 5.38% Traditional ROI: 8.26%
2317 ARGONNE Avenue Springfield, IL Beautiful home built in 2004 offering 2,629 square feet on the main level and a full unfin...	3 beds \| 3 baths \| 2,629 sq.ft.	$549,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 0.69% Airbnb Rental Income: $1670 Traditional Rental Income: $2267 Airbnb ROI: -1.38% Traditional ROI: 0.69%
408 GOLF Road Springfield, IL Completely renovated in 2026, this spacious Colony Park Estates home is move-in ready and ...	4 beds \| 4 baths \| 3,106 sq.ft.	$389,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.53% Airbnb Rental Income: $1729 Traditional Rental Income: $3616 Airbnb ROI: 0.07% Traditional ROI: 6.53%
2509 S 10TH Street Springfield, IL Investors don't miss this fully furnished opportunity. Step into the charm of historic Har...	2 beds \| 3 baths \| 1,200 sq.ft.	$159,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 6.56% Airbnb Rental Income: $1446 Traditional Rental Income: $1576 Airbnb ROI: 2.87% Traditional ROI: 6.56%
3702 WESTGATE Drive Springfield, IL Just built in 2025 and already dialed in, this better-than-new 2 bedroom, 2-bath duplex ch...	2 beds \| 2 baths \| 1,653 sq.ft.	$375,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.66% Airbnb Rental Income: $1069 Traditional Rental Income: $2269 Airbnb ROI: 0.2% Traditional ROI: 4.66%
1644 W Homewood Ave Springfield, IL This delightful 3-bedroom, 3.5-bathroom home in Jerome is bursting with charm! You'll love...	3 beds \| 3 baths \| 6,260 sq.ft.	$265,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 7.23% Airbnb Rental Income: $1603 Traditional Rental Income: $2939 Airbnb ROI: 0.32% Traditional ROI: 7.23%
4704 BERKSHIRE Crossing Springfield, IL Exquisite brand new construction by Montgomery Builders in popular Savannah Pointe subdivi...	5 beds \| 4 baths \| 4,533 sq.ft.	$835,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.14% Airbnb Rental Income: $2478 Traditional Rental Income: $3498 Airbnb ROI: 1.05% Traditional ROI: 3.14%
66 White Birch Street Springfield, IL All brick ranch in Timberlane subdivision. 3 bedroom, 2 car attached garage.	3 beds \| 3 baths \| 2,277 sq.ft.	$250,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 7.51% Airbnb Rental Income: $1416 Traditional Rental Income: $2578 Airbnb ROI: 0.79% Traditional ROI: 7.51%

Real Estate investment in Springfield, IL

There are 305 properties for sale in the city of Springfield . The median list price in Springfield is $189,786 and the average price per square foot is $87. In August 2026, the average monthly cash on cash return in Springfield is 7.00%. The average monthly rental income in Springfield is $2,114.

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

There are 305 investment properties available for sale in Springfield.

In 2026, the best neighborhood to buy investment property is Oak Ridge.

The ROI for Long-Term is higher than the Short-Term in Springfield with average rental income of $2,114.

Your search for investment property begins and ends here

Investment Property for Sale in Springfield, IL

2320 CHATHAM Road

Springfield, IL

5 beds | 4 baths | 3,676 sq.ft.

$479,000

Airbnb cash on cash: 0.29%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $2458

Traditional Rental Income: $3399

Airbnb ROI: 0.29%

Traditional ROI: 3.72%

2800 Via Rosso Street #603

Springfield, IL

3 beds | 2 baths | N/A

$175,000

Airbnb cash on cash: 4.3%

Traditional cash on cash: 10.59%

Airbnb Rental Income: $1416

Traditional Rental Income: $2039

Airbnb ROI: 4.3%

Traditional ROI: 10.59%

2 Groton Drive

Springfield, IL

4 beds | 2 baths | 2,177 sq.ft.

$225,000

Airbnb cash on cash: 3.1%

Traditional cash on cash: 7.61%

Airbnb Rental Income: $1875

Traditional Rental Income: $2335

Airbnb ROI: 3.1%

Traditional ROI: 7.61%

2421 MAYFAIR Road

Springfield, IL

3 beds | 2 baths | 1,504 sq.ft.

$189,000

Airbnb cash on cash: 1.99%

Traditional cash on cash: 7.1%

Airbnb Rental Income: $1416

Traditional Rental Income: $1910

Airbnb ROI: 1.99%

Traditional ROI: 7.1%

1713 HOLMES Avenue

Springfield, IL

2 beds | 1 baths | 837 sq.ft.

$144,900

Airbnb cash on cash: 2.5%

Traditional cash on cash: 6.57%

Airbnb Rental Income: $1237

Traditional Rental Income: $1406

Airbnb ROI: 2.5%

Traditional ROI: 6.57%

3824 Viking Boulevard

Springfield, IL

4 beds | 2 baths | 2,303 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2394

Airbnb ROI: N/A

Traditional ROI: 5.59%

3137 TEMPLE Drive

Springfield, IL

4 beds | 2 baths | 3,194 sq.ft.

$269,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1646

Traditional Rental Income: $2238

Airbnb ROI: 1.11%

Traditional ROI: 5.27%

3028 Sutherland Road

Springfield, IL

4 beds | 2 baths | 1,608 sq.ft.

$199,900

Airbnb cash on cash: 2.72%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $1637

Traditional Rental Income: $2053

Airbnb ROI: 2.72%