Downtown Springfield, IL homes for sale & real estate

3 homes

Sort:

Recommended

ABOUT THIS HOME
Downtown Springfield, IL Homes for Sale
Wonderful downtown opportunity for a mixed use property. Main floor is zoned S-3, which allows multiple types of retail uses. The most recent tenants have been hair salon/barber shops. Nice open urban feel to the main floor with high ceilings & some exposed brick walls. There is a main floor bathroom. The main floor comes with 10 off street parking spots that are available to rent. The second floor is a loft style apartment. Spacious open floor plan with 2 bedroom & 1 full bath. Also a balcony for outdoor living space. More photos and information coming. Photos of second floor are virtually staged. Both floors are currently rented.

$290,000

2 beds2 baths2,000 sq ft

617 E Monroe St Unit 1 and 2, Springfield, IL 62701

Mixed use property • Exposed brick walls • Main floor zoned s-3

ABOUT THIS HOME
Downtown Springfield, IL Homes for Sale
Apartments fully occupied. Rare opportunity to own a mixed-use masterpiece in the heart of downtown Springfield IL. Originally constructed in 1854 as the First United Methodist Church, this iconic structure has stood as a pillar of architectural heritage for decades. Thoughtfully rehabilitated in 1978 and again in 2019. It now offers a seamless blend of historic charm and contemporary living. 25 apartments, each with in unit washer and dryers, Island, large full bathroom, updated appliances, with every unit offering a different floorplan. 3 separate office spaces, 1 currently with long term lease agreement and 2 additional commercial spaces. A turnkey investment. Full basement with a full k

$2,999,999

25 beds25 baths50,691 sq ft

501 E Capitol St, Springfield, IL 62701

Updated appliances • Full kitchen • Full basement

ABOUT THIS HOME
Downtown Springfield, IL Homes for Sale
1.10 +/- acre redevelopment opportunity in the Mid-Illinois Medical District, just north of Downtown Springfield. Currently improved as a surface parking lot, but could be a mixed-use development, medical use, or some other higher purpose. Located within the Adirondack TIF District, an Opportunity Zone, and a Cannabis Grants Area. The site has 320' frontage on Madison St. (11,000 AADT) with additional access from N. 5th St. (5,400 AADT). The site is positioned to benefit from the Downtown Springfield & Mid-Illinois Medical District Master Plan, the Springfield Rail Improvements Project, the proposed Medical District expansion, the planned Third Street Greenway (The LINC), and the new

$250,000

Land1.10 acres (lot)

301 N 5th St, Springfield, IL 62701

Access from n 5th st • Listed 145 days

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

ABOUT THIS HOME
Downtown Springfield, IL Homes for Sale
Unlock the full potential of your operation with a versatile warehousing and distribution facility supporting storage, packaging, logistics, and shipping/receiving are ideal for ecommerce operations, while processing or fabrication uses with industrial characteristics can also be accommodated. The district further allows utility and public service functions such as water facilities or electrical substations, along with light manufacturing and assembly of components or goods that do not create significant nuisances. Industrial supporting operations, including contractor yards or equipment maintenance, may be permitted, often through conditional use. Additionally, cannabis craft growing or pr

$149,900

— beds— baths5,000 sq ft

313 W Madison St, Springfield, IL 62702

3,782 sq ft lot • Built 1900 • Listed 281 days

ABOUT THIS HOME
Downtown Springfield, IL Homes for Sale
Vacant lot of approximately 0.143 acres located next to 1729 E Reynolds St, Springfield, IL 62702. Utilities reportedly nearby; availability and connection costs have not been verified. Buyer to verify lot dimensions, boundaries, zoning, permitted uses, access, and utilities.

$800

Land6,240 sq ft (lot)

E L 2 B 13 Spfld Savings Bank Addn/ Reynolds St, Springfield, IL 62702

Listed 2 days

Based on information submitted to the MLS GRID as of Sat Nov 07 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Average home prices near Downtown Springfield, IL

Cities

Neighborhoods

Oak Ridge homes for sale
$38,000
Mather & Wells Neighborhood Association homes for sale
$70,169
Enos Park homes for sale
$119,900
Near South homes for sale
$129,900
Indian Hills homes for sale
$178,750
Grand Central homes for sale
$130,000
Old Aristocracy Hill homes for sale
$95,950
Springfield South Corridor homes for sale
$124,999
Washington Knolls homes for sale
$329,900
Historic West Side homes for sale
$150,000

Downtown Springfield, IL real estate trends

$105K

Sale price

$146

Sale $/sq ft

Over list price

Days on market

Down payment

—

Total homes sold

See more Downtown Springfield, IL market insights

More to explore in Downtown Springfield, IL

How to buy a house in Downtown Springfield, IL

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Illinois

Chicago homes for sale
$369,900
Naperville homes for sale
$643,000
Schaumburg homes for sale
$334,900
Arlington Heights homes for sale
$495,000
Glenview homes for sale
$740,000
Evanston homes for sale
$456,000
Oak Park homes for sale
$424,900
Des Plaines homes for sale
$415,000
Orland Park homes for sale
$399,000
Downers Grove homes for sale
$499,000
Mount Prospect homes for sale
$477,450
Skokie homes for sale
$449,999
Lombard homes for sale
$389,900
St. Charles homes for sale
$529,950
Glen Ellyn homes for sale
$599,000

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.