Springfield Homes under $150,000

Springfield Homes under $150,000

Welcome to Springfield, Illinois – a city steeped in history and brimming with charm! Nestled in Sangamon County, Springfield is not only the state capital but also a vibrant community that offers a unique blend of cultural richness and modern conveniences. Known for its iconic landmarks, including the Abraham Lincoln Presidential Library and Museum, Springfield presents a captivating glimpse into America’s past while providing all the amenities of contemporary living.

For those seeking affordable housing options, Springfield is a hidden gem. With a variety of homes available for under $150,000, this city opens doors to first-time homebuyers, families, and investors alike. Whether you’re looking for a cozy bungalow, a quaint cottage, or a spacious family home, Springfield offers an array of choices that cater to diverse tastes and budgets. These homes often come with the added benefit of being in friendly neighborhoods with access to parks, schools, and local shops, ensuring a welcoming environment for residents.

In addition to its affordable housing market, Springfield boasts a strong sense of community. Enjoy local festivals, farmer’s markets, and an array of dining options that showcase the region’s culinary delights. With its rich history, vibrant culture, and affordable living, Springfield, IL, invites you to discover your dream home in a city that feels like family. Come explore the possibilities today and see why Springfield is the perfect place to plant your roots!

Newest Springfield Homes under $150,000

3500 N Dirksen Parkway Unit #Lot 229, Springfield
$72,000
4 Beds ⋅ CA1046943 MLS
Welcome home to this spacious 4-bedroom, 2-bathroom manufactured home located on an oversized lot in Woodland Acres Park. Inside, you'll find an open floor plan with updated LVP flooring throughout, creating a clean and modern feel. The large kitchen features plenty of cabinet space, a pantry, breakfast bar, and an adjoining dining area, perfect for everyday living and entertaining. The home also offers both a comfortable living room and a separate family room. The spacious primary suite includes a walk-in closet, double vanity, oversized soaking tub, and separate walk-in shower. Three additional bedrooms provide plenty of space for family, guests, or a home office. Recent updates include a new roof in 2025 and updated LVP flooring throughout the home. Outside, enjoy the benefits of the extra-large lot, along with two storage sheds that stay with the property, providing plenty of room for tools, outdoor equipment, and additional storage. A great opportunity to enjoy a spacious home on one of the larger lots in Woodland Acres Park!

3500 N Dirksen Parkway Unit #Lot 229, Springfield
1119 Rutledge Street, Springfield
$62,900
2 Beds ⋅ 1 Baths ⋅ CA1046938 MLS
Opportunity in Springfield’s Medical District! This property offers plenty of potential for an owner-occupant, investor, or buyer looking to make a home their own. Featuring generous living space, a full basement, a large garage, and a spacious yard, there’s no shortage of room to work with. The home is ready for updates and improvements, offering the opportunity to add value and customize it to your vision. Conveniently located in the Medical District with easy access to hospitals, downtown Springfield, shopping, dining, and other amenities. Bring your ideas and unlock the potential this property has to offer!

1119 Rutledge Street, Springfield
1007 S 16th Street, Springfield
$39,000
3 Beds ⋅ 1 Baths ⋅ CA1046929 MLS
ATTENTION INVESTORS: 3 bedroom 1 bathroom home, currently rented for $1250/mo. Available to purchase alone or as part of a bundle option with six additional nearby properties. Tenant occupied, 24 hour notice is needed for showings.

1007 S 16th Street, Springfield
1308 E Enterprise Street, Springfield
$35,000
1 Beds ⋅ 1 Baths ⋅ CA1046927 MLS
ATTENTION INVESTORS: 1 bedroom, 1 bath home currently rented for $800/mo. Available alone or as part of a bundle option with six additional nearby properties. Measurements are approximate. Tenant occupied, 24 hour notice is needed for showings.

1308 E Enterprise Street, Springfield
2650 Cooper Avenue Unit #105, Springfield
$90,000
2 Beds ⋅ 2 Baths ⋅ CA1046926 MLS
Enjoy spacious, low-maintenance condo living in this desirable first-floor 2-bedroom, 2-bath Tudor Point condo! Offering 1,348 SF in a convenient Springfield west side location, this home combines comfort, convenience and great community amenities. The large primary suite features a walk-in closet and private bath with new walk-in shower. All appliances stay, including the stackable washer/dryer. Assigned parking is conveniently located directly outside the unit, with additional visitor parking. Secure, controlled-access building with locked entry, guest buzzer access and 24-hour lighting in common areas. HOA includes water/sewer, trash, lawn care, snow removal, building/common area maintenance and insurance, pest control, use of in-ground pool, patio/lounge area, tennis courts, putting green, and clubhouse with party room and kitchen.

2650 Cooper Avenue Unit #105, Springfield
1929 E South Grand Avenue, Springfield
$35,000
2 Beds ⋅ 1 Baths ⋅ CA1046922 MLS
ATTENTION INVESTORS: 2 bedroom bungalow, currently rented for $1,000/mo. Available alone or as part of a bundle option with six additional nearby homes. Measurements are approximate. Tenant occupied, 24 hour notice needed to show.

1929 E South Grand Avenue, Springfield
1229 E Brown Street, Springfield
$40,000
3 Beds ⋅ 1 Baths ⋅ CA1046921 MLS
ATTENTION INVESTORS: 3 bedroom home on a corner lot, currently rented for $900/mo. Available alone or as a bundle with six other nearby properties. 24 hour notice required to show. Measurements are approximate.

1229 E Brown Street, Springfield
620 W Lawrence Street, Springfield
$85,000
4 Beds ⋅ 2 Baths ⋅ CA1046904 MLS
Great investment property.

620 W Lawrence Street, Springfield
1900 Jeanette Lane Unit #8, Springfield
$78,000
2 Beds ⋅ 2 Baths ⋅ CA1046903 MLS
This 2-bedroom, 2 full bath condo offers low maintenance & is ready for its new owner! The neutral paint, flooring, cabinets, and fixtures make it truly move-in ready! This unit has been meticulously cared for and updated - furnace & AC new in 2021, tub surrounds 2022, refrigerator 2026, front door 2026, outlets & switches 2026, hall bath toilet 2026, exhaust fans in both bathrooms 2026, new carpeting 2026, and the primary bathroom was updated with a new vanity, faucet, and flooring in 2026! This building has a brand-new roof that was just completed the week of October 1st, 2026! 1 car attached garage on the lower level. On-site laundry facilities for your convenience! All exterior maintenance is handled by the association. Owner-occupied units, no rentals are allowed. Enjoy evenings on your private balcony or chat with neighbors in the courtyard! Schedule your showing today & come enjoy easy living!

1900 Jeanette Lane Unit #8, Springfield
1120 S Pasfield Street, Springfield
$87,900
3 Beds ⋅ 1 Baths ⋅ CA1046865 MLS
Welcome to this charming move in ready starter home. Bright & light enclosed sun porch. Large eat in kitchen with spacious pantry. Brand new carpeting throughout. Fresh paint too. Newer furnace, central air and water heater. Vinyl replacement windows. Main floor laundry room. All appliances will remain with the home.

1120 S Pasfield Street, Springfield
2420 Holmes Avenue, Springfield
$139,000
2 Beds ⋅ 1 Baths ⋅ CA1046848 MLS
CUTE, cute, cute! This charming bungalow on the quaint street of Holmes feels like stepping right into a little dollhouse! From the moment you arrive, the inviting front porch practically begs you to slow down, sit awhile and enjoy the simple pleasures of home. Inside, you’ll love the semi open layout that makes everyday living and entertaining feel effortless. The gorgeous formal dining room is full of character and features a fabulous built in that adds both charm and functionality. The Gary Bryant kitchen is sure to impress with an abundance of cabinet and countertop space, plus a pantry for even more storage. One of the home’s most unique features is the spacious bathroom, which was formerly a bedroom and now offers room to spread out with a relaxing soaker tub, separate shower, generously sized vanity and an enormous closet perfect for towels, linens and all the things you never know where to put! Need even more storage? The hallway offers a large walk in storage closet that was once the bathroom. And when it comes to storage, the basement has you covered. Outside, the oversized 1.5 car garage provides plenty of room for your vehicle, lawn equipment and more. The HVAC was updated in 2023, and the roof on the home and garage, along with new gutters, was added in August 2025...giving you some major updates already checked off the list! This sweet bungalow is the kind of home that makes you smile the minute you walk through the door!

2420 Holmes Avenue, Springfield
1227 N 3rd Street, Springfield
$129,900
3 Beds ⋅ 2 Baths ⋅ CA1046840 MLS
INVESTOR OPPORTUNITY! Income-producing rental in historic Lincoln Park! Rich in character and timeless appeal, this beautifully maintained 3-bedroom, 1.5-bath Victorian showcases the craftsmanship and charm of a bygone era. Original details include impressive 12-foot ceilings, hardwood floors and trim, elegant pocket doors, stained-glass windows, an ornate fireplace, and a hand-carved wooden front door. Recent improvements include new windows, treated hardwood floors, a new kitchen sink and fans, and a new backyard fence, among other updates. Outside, enjoy extensive landscaping and a spacious backyard—ideal for relaxing or entertaining. Currently tenant-occupied with an annual lease. 24-hour notice is required for all showings. Whether you're looking to expand your rental portfolio or planning ahead for future owner occupancy, this Lincoln Park gem offers a unique combination of historic character, recent improvements, and income potential. Don't miss this opportunity!

1227 N 3rd Street, Springfield
Start Your Search