Joanne Gross
The median home value in Springfield, IL is $132,000.
This is
lower than
the county median home value of $140,000.
The national median home value is $308,980.
The average price of homes sold in Springfield, IL is $132,000.
Approximately 58% of Springfield homes are owned,
compared to 33% rented, while
9% are vacant.
Springfield real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Springfield real estate agent to arrange a tour today!
Learn more about Springfield.
Courtesy: Realhome Services & Solutions, Inc.
Great opportunity on this two-story home with detached 1 car garage. It offers approximately 1,808 square feet of living space with 4 bedrooms and 1.1 bathrooms. Basement. Built in 1910 many repairs are needed to move in but has potential. Roof, floor, ceiling damages. Property is lender-owned, sold "AS-IS" REO Auction property.
Courtesy: Infiniti Properties, Inc.
Attention seasoned investors: A prime opportunity awaits at 619 W Hay St in Springfield, Illinois. This 1940-built property, strategically located near Springfield Memorial Hospital and the Lincoln Monument, is ripe for a full gut rehab. Priced at just $19,750, it offers exceptional potential for substantial returns. Key investment highlights: 2 bed, 1 bath single-family home 750 sq ft on a generous 6,691 sq ft lot Solid slab foundation Vacant and ready for immediate renovation Prime location near major medical facility and historic landmark Tax-assessed value of $14,240 This property requires comprehensive updates, including roof replacement, HVAC system, electrical and plumbing upgrades, window replacements, and full interior renovation. For experienced investors, this presents an ideal canvas to maximize value through strategic improvements. The proximity to Springfield Memorial Hospital, a 500-bed teaching facility, offers unique potential for medical professional rentals or short-term housing. Additionally, its location near the Lincoln Monument adds appeal for history enthusiasts and tourists. With the right vision and execution, this property could yield significant returns through increased post-renovation value or as a high-demand rental. Its low entry price and prime location make it an excellent addition to any seasoned investor's portfolio. Remember to conduct thorough due diligence, including verifying all property details and measurements.
Courtesy: Realhome Services & Solutions, Inc.
REO Occupied, the seller does not represent or guarantee occupancy status. NO viewings of this property. Please DO NOT DISTURB the occupant. Ranch style home, 2 bedrooms and 1 bathroom. AS IS, cash only sales with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. REO Auction property.
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