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Springfield, IL Apartment Buildings for Sale

10 results
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Springfield Multifamily Investment Opportunity
Pending
$599,900
0.48 Acres

Springfield Multifamily Investment Opportunity

2875 Taylor Ave, Springfield, IL 62703

Well-maintained 8-unit apartment complex near Medical District.

  • Strong rental income from 8 well‑maintained units.
  • Convenient location: 10 minutes from the Medical District, with easy access to shopping, restaurants, and major interstates.
  • All units are desirable 2‑bedroom, 1‑bath apartments with walk‑in closets.
  • Recent updates: new roof (2017), new balconies, updated electrical, fresh paint, and new carpet in common areas (Nov 2025).
  • Solid, income‑producing asset with long‑term upside.
Updated: Jan 15
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Furnished Historic Apartment Building Investment
$725,000

Furnished Historic Apartment Building Investment

520 S Grand Ave, Springfield, IL 62703

Turnkey, furnished 12-unit apartment building in Springfield, Illinois.

  • Listed under appraised value, presenting an immediate investment opportunity.
  • Turnkey investment: 12 fully furnished 1‑bedroom units, ready for immediate rental income.
  • Recent upgrades in select units (2025) including new furnishings, bathroom vanities, cabinetry, appliances, and refinished tub/showers.
  • Newer windows and roof replacement (around 2016) for improved energy efficiency and reduced maintenance.
  • Historic brick building with unique character.
Updated: Jan 14
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Springfield Commercial Property with Apartments
Pending
$325,000

Springfield Commercial Property with Apartments

Commercial building with office suites and apartments in central location.

983 Clock Tower Dr, Springfield, IL 62704
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Furnished Historic Apartment Building
$725,000

Furnished Historic Apartment Building

Turnkey investment opportunity with 12 furnished units in Springfield.

520 S Grand Ave, Springfield, IL 62703
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Springfield Multifamily Investment Opportunity
Pending
$399,000

Springfield Multifamily Investment Opportunity

Six-unit apartment building near downtown Springfield.

102 W Scarritt St, Springfield, IL 62704
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Well-Maintained Apartment Complex Investment
$859,900

Well-Maintained Apartment Complex Investment

Turnkey 12-unit apartment complex in excellent location.

2309 W Lawrence Ave, Springfield, IL 62704
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Investment Opportunity: Apartment Buildings and House
Pending
$89,000
2.73 Acres

Investment Opportunity: Apartment Buildings and House

Two apartment buildings (11 units) and a house needing renovation.

3011 Niccolls Rd, Springfield, IL 62703
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Historic Multifamily Building in Springfield
Pending
$399,000
1.80 Acres

Historic Multifamily Building in Springfield

15,000 sqft historic building with 26 studio units.

541 E Black Ave, Springfield, IL 61702
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Historic Springfield Building: Investment Opportunity
$99,500
0.28 Acres

Historic Springfield Building: Investment Opportunity

Historic three-story building near Lincoln's Home, ideal for restoration.

703 S 8Th St, Springfield, IL 62703
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Springfield Multifamily Investment Opportunity
Pending
$1,000,000

Springfield Multifamily Investment Opportunity

Two buildings with nineteen 1BR units and one office.

1025 S 5Th St, Springfield, IL 62703
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Based on your search, we've compiled 340 Potential Opportunities for your consideration. Besides 10 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 326 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartments
$250,000
0.16 Acres

Mixed-Use Building with Apartments

Commercial building with four rented apartments in downtown Mazon.

518 Depot St, Mazon, IL 60444
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Well-Maintained 9-Unit Apartment Building
$649,000
0.23 Acres

Well-Maintained 9-Unit Apartment Building

9-unit apartment building with detached Morton building for additional income.

400 Main St, Mazon, IL 60444
View details
Bloomington Industrial Condo - Great Location!
$279,000
4,800 SF

Bloomington Industrial Condo - Great Location!

Spacious Condo, High Ceilings, Excellent Access.

403 Bronco Dr, Bloomington, IL 61704
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Well-Maintained 6-Unit Property
$350,000
0.16 Acres

Well-Maintained 6-Unit Property

Six-unit property near downtown Bloomington with recent updates.

410 E Grove St, Bloomington, IL 61701
View details

Explore Off-Market Properties in Springfield, IL

Consider similar Off-Market properties in Springfield, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

10351 Dickens St

10351 Dickens St

Multifamily properties • 1,200 SF
Value Estimation by Request
10351 Dickens St, Westchester, IL 60154
View details
3012 Downing Ave

3012 Downing Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,426 SF
Value Estimation
$290,000
3012 Downing Ave, Westchester, IL 60154-3967
View details
1712 Enw Hwy

1712 Enw Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 3,254 SF
Value Estimation
$325,000
1712 Enw Hwy, Arlington Heights, IL 60004-6721
View details
3007 Kensington Ave

3007 Kensington Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 3,032 SF
Value Estimation
$345,000
3007 Kensington Ave, Westchester, IL 60154-3986
View details
1605 Westchester Blvd

1605 Westchester Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 3,266 SF
Value Estimation
$630,000
1605 Westchester Blvd, Westchester, IL 60154-4017
View details
1630 Mannheim Rd

1630 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,918 SF
Value Estimation
$320,000
1630 Mannheim Rd, Westchester, IL 60154-4319
View details
1102 Enw Hwy

1102 Enw Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 4,292 SF
Value Estimation
$350,000
1102 Enw Hwy, Arlington Heights, IL 60004-6792
View details
1651 Mannheim Rd

1651 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,868 SF
Value Estimation
$455,000
1651 Mannheim Rd, Westchester, IL 60154-3957
View details
1646 Mannheim Rd

1646 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,879 SF
Value Estimation
$460,000
1646 Mannheim Rd, Westchester, IL 60154-3951
View details
1202 Enw Hwy

1202 Enw Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 3,807 SF
Value Estimation
$330,000
1202 Enw Hwy, Arlington Heights, IL 60004-6787
View details
10607 Cermak Rd

10607 Cermak Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 3,600 SF
Value Estimation
$530,000
10607 Cermak Rd, Westchester, IL 60154-5239
View details
1636 Mannheim Rd

1636 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,948 SF
Value Estimation
$530,000
1636 Mannheim Rd, Westchester, IL 60154-4319
View details
10315 Chaucer St

10315 Chaucer St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,122 SF
Value Estimation
$320,000
10315 Chaucer St, Westchester, IL 60154-3507
View details
1202 Enw Hwy

1202 Enw Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 3,807 SF
Value Estimation
$330,000
1202 Enw Hwy, Arlington Heights, IL 60004-6787
View details

Springfield, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 335 apartment buildings for sale in Springfield, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 1,766,410 square feet of properties for sale, with an estimated market value of $95,237,400.

Prices for two-family homes in Springfield, IL start at $89,000, averaging $493,458, and reaching up to $3,855,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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