Springfield, IL Other residential income properties for sale

Updated: Oct 5

Mixed-Use Building with Apartments

1439 STEVENSON Drive, Springfield, IL 62703

$450,000

5,989‑square‑foot mixed‑use property
Three separate office spaces and two upstairs apartments
Apartment mix: one‑bedroom/one‑bath and two‑bedroom/one‑bath
Apartments have individual exterior entrances
Most of the property is leased; approximately 1,700 square feet remains available

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Updated: Jan 4, 2025

Northbrook

3430 N Peoria Road, Springfield, IL 62707

Contact for pricing

924 sqft

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Townhome Income Property

824 W Moss Avenue Unit #2, Peoria, IL 61606

$310,000

1,630 sqft

Two-level townhome with an unfinished basement, private patio, modern kitchen, and multiple bedroom suites.

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Residential Income Property with Rooftop Deck

736 Sw Washington Street Unit #2E, Peoria, IL 61602

$395,000

1,493 sqft

Historic downtown loft with open living space, modern kitchen finishes, in-unit laundry, and secure building access.

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Two-Story Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

$1,250,000

0.08 AC lot

Brick commercial property combines a configured bar venue with a leased residential apartment and separate building systems.

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Third-Floor Residential Income Property

408 N State Street #12, Champaign, IL 61820

$89,900

Light-filled third-floor unit with basement laundry, storage, and a full suite of household appliances.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land Parcel in Springfield

2102 W JEFFERSON Street, Springfield, IL 62702

$135,000

5.47 acre residential land parcel with commercial potential.

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Residential Land Near Bunn Golf

Bunn Drive lot: 1 & 2, Springfield, IL 62703

$49,900

4.40 AC lot

4.4 acres of residential land in Woodside Township.

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Residential Land in Springfield, IL

2929 Tanner Drive, Springfield, IL 62702

Contact for pricing

Buildable lot in Manchester Woods Subdivision, Springfield, IL.

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Commercial Land with Frontage

S PARK Avenue, Springfield, IL 62704

$199,000

2.08 AC lot

Commercial land offering direct access, street exposure, and a retail-oriented location near ongoing area expansion.

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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.

Land

702 8Th St, Springfield, IL 62703

Estimated value: by Request

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Springfield, IL Other Residential Income Properties Market Trends and Statistics

Explore 3 other residential income properties for sale in Springfield, IL on our real estate platform. These investment opportunities span a total of 924 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for other residential income properties in Springfield, IL average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Arlington Heights - 60004	$7M

Neighborhood

Average Price

Arlington Heights - 60004

$7M

Springfield, IL Other Residential Income Properties for Sale

1439 STEVENSON Drive, Springfield, IL 62703

3430 N Peoria Road, Springfield, IL 62707