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

separator

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: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $3399 Airbnb ROI: N/A 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	$180,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 10.27% Airbnb Rental Income: $1509 Traditional Rental Income: $2039 Airbnb ROI: 4.61% Traditional ROI: 10.27%
2140 S WALNUT Street Springfield, IL Welcome to 2140 S Walnut in Springfield, a nearly 3,000 sq ft home that blends space, styl...	4 beds \| 3 baths \| 2,375 sq.ft.	$310,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 6.22% Airbnb Rental Income: $2190 Traditional Rental Income: $2772 Airbnb ROI: 2.33% Traditional ROI: 6.22%
61 SARAH Avenue Springfield, IL Welcome to 61 Sarah Ave - a place that instantly feels like home. Tucked at the end of a q...	3 beds \| 2 baths \| 2,102 sq.ft.	$289,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 5.3% Airbnb Rental Income: $1363 Traditional Rental Income: $2214 Airbnb ROI: 0.66% Traditional ROI: 5.3%
2128 BLACKHAWK Road Springfield, IL This warm and welcoming tri-level home is ready for its next chapter. The home features a ...	4 beds \| 2 baths \| 1,962 sq.ft.	$204,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 7.81% Airbnb Rental Income: $1694 Traditional Rental Income: $2328 Airbnb ROI: 2.12% Traditional ROI: 7.81%
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: 3.32% Traditional cash on cash: 8.94% Airbnb Rental Income: $1363 Traditional Rental Income: $1727 Airbnb ROI: 3.32% Traditional ROI: 8.94%
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: 3.4% Traditional cash on cash: 1.09% Airbnb Rental Income: $3340 Traditional Rental Income: $1759 Airbnb ROI: 3.4% 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 COMING SOON ~ Showings begin Thursday June 18th. Beautifully maintained west side duplex i...	3 beds \| 3 baths \| 2,328 sq.ft.	$329,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 4.15% Airbnb Rental Income: $1025 Traditional Rental Income: $2372 Airbnb ROI: -1.37% Traditional ROI: 4.15%
2017 S Lowell Avenue Springfield, IL Charming Bungalow on a Boulevard! Updated Gary Bryan Kitchen w/quartz counter tops and sta...	3 beds \| 1 baths \| 1,690 sq.ft.	$165,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 5.65% Airbnb Rental Income: $1684 Traditional Rental Income: $1492 Airbnb ROI: 3.88% Traditional ROI: 5.65%
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: 4.41% Traditional cash on cash: 9.73% Airbnb Rental Income: $1684 Traditional Rental Income: $2101 Airbnb ROI: 4.41% 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 \| 1,792 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 4.6%
2632 HILLTOP Road Springfield, IL Due to no fault of seller - this beauty is back on the market. FHA and VA loans will pass ...	5 beds \| 3 baths \| 3,210 sq.ft.	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $2937 Airbnb ROI: N/A Traditional ROI: 4.52%
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.	$455,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.12% Airbnb Rental Income: $2150 Traditional Rental Income: $2966 Airbnb ROI: 0.92% Traditional ROI: 4.12%
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: 0.62% Traditional cash on cash: 5.49% Airbnb Rental Income: $1694 Traditional Rental Income: $2778 Airbnb ROI: 0.62% Traditional ROI: 5.49%
16 Whisperglen Lane Springfield, IL Enjoy easy, low-maintenance living in this well-maintained 2-bedroom, 1.5-bath ranch-style...	2 beds \| 2 baths \| 927 sq.ft.	$149,900	Airbnb cash on cash: 4.83% Traditional cash on cash: 2.09% Airbnb Rental Income: $1546 Traditional Rental Income: $706 Airbnb ROI: 4.83% Traditional ROI: 2.09%
1645 RUTH Place Springfield, IL This one-of-a-kind, stately, 4-bedroom home is one block from Washington Park on a quiet s...	4 beds \| 3 baths \| 3,520 sq.ft.	$634,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.95% Airbnb Rental Income: $null Traditional Rental Income: $2861 Airbnb ROI: N/A Traditional ROI: 1.95%
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%
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: -0.68% Traditional cash on cash: 2.76% Airbnb Rental Income: $1976 Traditional Rental Income: $3263 Airbnb ROI: -0.68% Traditional ROI: 2.76%
1907 N 10TH Street Springfield, IL Here is a great opportunity to make this super cute house your home, or to grab an income ...	2 beds \| 1 baths \| 838 sq.ft.	$89,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 10.72% Airbnb Rental Income: $1125 Traditional Rental Income: $1256 Airbnb ROI: 4.89% Traditional ROI: 10.72%
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.	$295,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 6.34% Airbnb Rental Income: $1820 Traditional Rental Income: $2548 Airbnb ROI: 1.96% Traditional ROI: 6.34%
4605 LASALLE Court Springfield, IL WOW! Better than new, 3 years old. Lots of hardwoods/tile. Stainless appliances, granite t...	3 beds \| 3 baths \| 2,505 sq.ft.	$399,900	Airbnb cash on cash: -1.74% Traditional cash on cash: 2.35% Airbnb Rental Income: $1031 Traditional Rental Income: $2204 Airbnb ROI: -1.74% Traditional ROI: 2.35%
17 MIDLAND Court Springfield, IL Welcome home to this adorable 3 bed, 1 bath ranch on Springfield's north side! You'll love...	3 beds \| 1 baths \| 869 sq.ft.	$115,000	Airbnb cash on cash: 7.49% Traditional cash on cash: 7.02% Airbnb Rental Income: $1695 Traditional Rental Income: $1172 Airbnb ROI: 7.49% Traditional ROI: 7.02%
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: -1.7% Traditional cash on cash: 0.69% Airbnb Rental Income: $1472 Traditional Rental Income: $2267 Airbnb ROI: -1.7% Traditional ROI: 0.69%
3229 E Enos Avenue Springfield, IL Beautifully updated ranch-style home featuring 3 bedrooms and 1 full bathroom. This move-i...	3 beds \| 1 baths \| 1,023 sq.ft.	$99,900	Airbnb cash on cash: 9.55% Traditional cash on cash: 10.73% Airbnb Rental Income: $1695 Traditional Rental Income: $1339 Airbnb ROI: 9.55% Traditional ROI: 10.73%
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.	$170,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 6.64% Airbnb Rental Income: $1418 Traditional Rental Income: $1615 Airbnb ROI: 2.8% Traditional ROI: 6.64%
1701 ARCADE Drive Springfield, IL Welcome home to this well-maintained north side gem located just minutes from Fairview Par...	3 beds \| 2 baths \| 1,635 sq.ft.	$169,900	Airbnb cash on cash: 4.25% Traditional cash on cash: 7.08% Airbnb Rental Income: $1695 Traditional Rental Income: $1682 Airbnb ROI: 4.25% Traditional ROI: 7.08%
38 MONICA Lane Springfield, IL Welcome home to 38 Monica Lane! Seller is actively preparing for her next home purchase an...	2 beds \| 2 baths \| 1,707 sq.ft.	$144,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 6.49% Airbnb Rental Income: $1134 Traditional Rental Income: $1474 Airbnb ROI: 1.32% Traditional ROI: 6.49%
1440 N 8TH Street Springfield, IL Step inside this charming 2-bedroom, 1-bath home featuring fresh paint and updated floorin...	2 beds \| 1 baths \| 928 sq.ft.	$114,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 5.28% Airbnb Rental Income: $1125 Traditional Rental Income: $1039 Airbnb ROI: 2.67% Traditional ROI: 5.28%
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: 2.13% Traditional cash on cash: 6.56% Airbnb Rental Income: $1311 Traditional Rental Income: $1576 Airbnb ROI: 2.13% 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.	$385,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.51% Airbnb Rental Income: $1289 Traditional Rental Income: $2269 Airbnb ROI: 0.68% Traditional ROI: 4.51%
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.	$280,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 7.09% Airbnb Rental Income: $1418 Traditional Rental Income: $2939 Airbnb ROI: -0.28% Traditional ROI: 7.09%
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.	$840,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $3498 Airbnb ROI: N/A Traditional ROI: 3.12%
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: 1.12% Traditional cash on cash: 7.51% Airbnb Rental Income: $1509 Traditional Rental Income: $2578 Airbnb ROI: 1.12% Traditional ROI: 7.51%
2436 NORMAL Drive Springfield, IL Welcome home to this cute 3-bedroom, 3-bath ranch with an open floor plan in the Irisdale ...	3 beds \| 3 baths \| 1,669 sq.ft.	$205,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 9.42% Airbnb Rental Income: $1820 Traditional Rental Income: $2533 Airbnb ROI: 3.22% Traditional ROI: 9.42%
3076 LOUISE Lane Springfield, IL More pictures to come. Spacious, newly renovated 5-bedroom, 2-bath home featuring new appl...	5 beds \| 2 baths \| 1,437 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.74% Airbnb Rental Income: $null Traditional Rental Income: $1598 Airbnb ROI: N/A Traditional ROI: 7.74%
452 S GRAND Avenue West Springfield, IL Check out this adorable home with all this space! This amazing 2 story home is in the hear...	4 beds \| 2 baths \| 2,700 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.79% Airbnb Rental Income: $null Traditional Rental Income: $2450 Airbnb ROI: N/A Traditional ROI: 11.79%

Real Estate investment in Springfield, IL

There are 278 properties for sale in the city of Springfield . The median list price in Springfield is $181,156 and the average price per square foot is $84. In June 2026, the average monthly cash on cash return in Springfield is 7.00%. The average monthly rental income in Springfield is $2,135.

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

There are 278 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 $2,135.

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: N/A

Traditional cash on cash: 3.72%

Airbnb Rental Income: $null

Traditional Rental Income: $3399

Airbnb ROI: N/A

Traditional ROI: 3.72%

2800 Via Rosso Street #603

Springfield, IL

3 beds | 2 baths | N/A

$180,000

Airbnb cash on cash: 4.61%

Traditional cash on cash: 10.27%

Airbnb Rental Income: $1509

Traditional Rental Income: $2039

Airbnb ROI: 4.61%

Traditional ROI: 10.27%

2140 S WALNUT Street

Springfield, IL

4 beds | 3 baths | 2,375 sq.ft.

$310,000

Airbnb cash on cash: 2.33%

Traditional cash on cash: 6.22%

Airbnb Rental Income: $2190

Traditional Rental Income: $2772

Airbnb ROI: 2.33%

Traditional ROI: 6.22%

61 SARAH Avenue

Springfield, IL

3 beds | 2 baths | 2,102 sq.ft.

$289,900

Airbnb cash on cash: 0.66%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $1363

Traditional Rental Income: $2214

Airbnb ROI: 0.66%

Traditional ROI: 5.3%

2128 BLACKHAWK Road

Springfield, IL

4 beds | 2 baths | 1,962 sq.ft.

$204,900

Airbnb cash on cash: 2.12%

Traditional cash on cash: 7.81%

Airbnb Rental Income: $1694

Traditional Rental Income: $2328

Airbnb ROI: 2.12%

Traditional ROI: 7.81%

2628 S 5TH Street

Springfield, IL

3 beds | 2 baths | 1,280 sq.ft.

$145,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 8.94%

Airbnb Rental Income: $1363

Traditional Rental Income: $1727

Airbnb ROI: 3.32%

Traditional ROI: 8.94%

629 W WASHINGTON Street

Springfield, IL

8 beds | 4 baths | N/A

$385,000

Airbnb cash on cash: 3.4%

Traditional cash on cash: 1.09%

Airbnb Rental Income: $3340

Traditional Rental Income: $1759

Airbnb ROI: 3.4%

Traditional ROI: 1.09%

1710 NOBLE Avenue

Springfield, IL

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