Springfield, IL Residential income properties for sale

$680,000

Furnished Historic Apartment Building Investment

520 S Grand Ave, Springfield, IL 62703

Well-maintained, fully furnished 12-unit building in Springfield, Illinois.

Listed under appraised value, presenting an immediate investment advantage.
Turnkey operation with 12 fully furnished 1‑bedroom units, ready for tenants or short‑term rentals.
Recent upgrades in select units (2025) including new furnishings, modern cabinetry, updated appliances, and refreshed bathrooms.
Historic brick building with newer windows and roof (circa 2016) ensuring durability and energy efficiency.
Reliable boiler system for consistent heat and individual window A/C units for year‑round comfort.

Updated: Feb 20

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$680,000

Furnished Historic Apartment Building

520 S Grand Ave, Springfield, IL 62703

Turnkey investment opportunity with 12 furnished units in Springfield.

Listed under appraised value, presenting an immediate investment advantage.
Turnkey investment with 12 fully furnished 1‑bedroom units, ready for immediate rental income.
Recent upgrades in select units (2025) including new furnishings, modern cabinetry, updated appliances, and refreshed bathrooms.
Historic brick building with newer windows and roof (approx. 2016) ensuring durability and energy efficiency.
Each unit is move‑in ready with complete furniture package, kitchen essentials, and flat‑screen TVs.

Updated: Feb 20

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Springfield Multifamily Property For Sale

Pending

$425,000

Springfield Multifamily Property For Sale

Four-unit multifamily property with updated interiors and detached garages.

1736-1740 S Park Ave, Springfield, IL 62704

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$109,000

Springfield Multi-Family Investment Opportunity

Multi-family property with strong cash flow and long-term lease.

2001 S Spring St, Springfield, IL 62704

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Springfield Multifamily Property with Income

$94,900

1,345 SF

Springfield Multifamily Property with Income

Multifamily property in Springfield, IL with excellent cash flow.

2700 S State St, Springfield, IL 62704

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$99,900

Springfield Duplex Near Medical District

Move-in ready duplex in Springfield, ideal for investment.

1224 N Rutledge St, Springfield, IL 62702

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Pending

$139,751

Turnkey Duplex Investment Opportunity

Fully furnished duplex operating as a high-performing short-term rental.

615 S English Ave, Springfield, IL 62704

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Pending

$80,000

Springfield Duplex with Cash Flow

Maintenance-free duplex in Springfield, Illinois with recent updates.

830 W Jefferson St, Springfield, IL 62702

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Well-Maintained Brick Multi-Family Property

$625,000

0.15 Acres

Well-Maintained Brick Multi-Family Property

Updated 2-flat in Westchester, ideal for investors or families.

3036 Downing Ave, Westchester, IL 60154

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$179,900

Well-Maintained Springfield Multi-Family Complex

Two-unit complex with modern amenities and shared outdoor space.

1211 W Lawrence St, Springfield, IL 62704

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$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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Pending

$98,500

Springfield Duplex with New Roof

Maintenance-free duplex with new roof and boiler for sale.

1129 S Spring St, Springfield, IL 62703

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$129,900

Triplex Investment Opportunity in Springfield

Triplex in Harvard Park with income potential.

2339 S 10Th St, Springfield, IL 62703

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Pending

$225,000

Income-Producing Duplex Near Downtown

Well-maintained duplex near downtown Springfield, ideal for investors or owner-occupants.

811 W Governor St, Springfield, IL 62704

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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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Pending

$55,000

Springfield Two-Unit Income Property

Two-unit property near downtown Springfield, ideal for investors or owner-occupants.

1510 S 6Th St, Springfield, IL 62703

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Pending

$68,000

Income Opportunity Near Lanphier High

Multifamily property near Lanphier High School in Springfield, Illinois.

1205 Converse Ave, Springfield, IL 62702

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$87,000

Springfield Triplex in Lincoln Park

Triplex in Lincoln Park area, ideal for multifamily investment.

1453 N 3Rd St, Springfield, IL 62702

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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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Pending

$225,000

Income-Producing Four-Unit Property

Four-unit property in Grandview, IL with immediate rental income.

2173 N Grand Ave, Springfield, IL 62702

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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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$150,000

Income-Producing Fourplex Near Washington Park

Fourplex near Washington Park, generating solid rental income.

545 S Lincoln St, Springfield, IL 62704

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Springfield Investment Property For Sale

$148,000

0.27 Acres

Springfield Investment Property For Sale

Four-unit property with stable income and potential for small retail.

212 W Laurel St, Springfield, IL 62704

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Springfield, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 360 residential income properties for sale in Springfield, IL, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 5,366,644 square feet of properties for sale, with an estimated market value of $105,616,500.

Sale prices for residential income properties in Springfield, IL start at $47,500, averaging $528,082, and reaching up to $8,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Springfield, IL Residential Income Properties for Sale

Furnished Historic Apartment Building Investment

Well-maintained, fully furnished 12-unit building in Springfield, Illinois.

Furnished Historic Apartment Building

Turnkey investment opportunity with 12 furnished units in Springfield.

Springfield Multifamily Property For Sale

Springfield Multi-Family Investment Opportunity

Springfield Multifamily Property with Income

Springfield Duplex Near Medical District

Turnkey Duplex Investment Opportunity

Springfield Duplex with Cash Flow

Well-Maintained Brick Multi-Family Property

Well-Maintained Springfield Multi-Family Complex

Well-Maintained Apartment Complex Investment

Investment Opportunity: Apartment Buildings and House

Springfield Duplex with New Roof

Triplex Investment Opportunity in Springfield

Income-Producing Duplex Near Downtown

Springfield Multifamily Investment Opportunity

Springfield Two-Unit Income Property

Income Opportunity Near Lanphier High

Springfield Triplex in Lincoln Park

Historic Multifamily Building in Springfield

Income-Producing Four-Unit Property

Springfield Multifamily Investment Opportunity

Income-Producing Fourplex Near Washington Park

Springfield Investment Property For Sale

Springfield, IL Residential Income Properties Investment Opportunities Market Analysis

Browse Residential income properties for Sale Near Springfield, IL

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Springfield, IL Residential Income Properties for Sale

Furnished Historic Apartment Building Investment

Well-maintained, fully furnished 12-unit building in Springfield, Illinois.

Furnished Historic Apartment Building

Turnkey investment opportunity with 12 furnished units in Springfield.

Springfield Multifamily Property For Sale

Springfield Multi-Family Investment Opportunity

Springfield Multifamily Property with Income

Springfield Duplex Near Medical District

Turnkey Duplex Investment Opportunity

Springfield Duplex with Cash Flow

Well-Maintained Brick Multi-Family Property

Well-Maintained Springfield Multi-Family Complex

Well-Maintained Apartment Complex Investment

Investment Opportunity: Apartment Buildings and House

Springfield Duplex with New Roof

Triplex Investment Opportunity in Springfield

Income-Producing Duplex Near Downtown

Springfield Multifamily Investment Opportunity

Springfield Two-Unit Income Property

Income Opportunity Near Lanphier High

Springfield Triplex in Lincoln Park

Historic Multifamily Building in Springfield

Income-Producing Four-Unit Property

Springfield Multifamily Investment Opportunity

Income-Producing Fourplex Near Washington Park

Springfield Investment Property For Sale

Springfield, IL Residential Income Properties Investment Opportunities Market Analysis

Browse Residential income properties for Sale Near Springfield, IL

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