Springfield Homes under $200,000

Springfield Homes under $200,000

Welcome to Springfield, Illinois, a vibrant city steeped in history and brimming with charm! Nestled in Sangamon County, Springfield is not only known as the state capital but also as the home of iconic figures like Abraham Lincoln. With a rich tapestry of culture, parks, and community spirit, Springfield offers a delightful blend of urban conveniences and a welcoming small-town atmosphere.

For those seeking affordable housing options, Springfield is a hidden gem. The real estate market here features a variety of homes priced under $200,000, making it an ideal choice for first-time buyers, families, or anyone looking to invest in a thriving community. From cozy bungalows to spacious single-family homes, there’s something for everyone. Imagine settling into a charming neighborhood where tree-lined streets and friendly neighbors create a sense of belonging.

Beyond the appealing price points, Springfield boasts an array of amenities that enhance daily life. Enjoy leisurely strolls through the picturesque Washington Park, explore the rich history at the Illinois State Museum, or indulge in local dining experiences that showcase the best of Midwestern cuisine. The city also benefits from excellent schools, making it a perfect place for families to grow and thrive.

With its affordable housing market, rich history, and a tight-knit community, Springfield, IL, is a place where dreams of homeownership can come true. Discover the opportunities waiting for you in this remarkable city, and let Springfield be the backdrop for your next chapter!

Newest Springfield Homes under $200,000

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
1036 W Washington Street, Springfield
$159,900
3 Beds ⋅ 3 Baths ⋅ CA1046911 MLS
Welcome to 1036 W Washington St, a nicely updated 1.5-story home offering plenty of living space, character, and flexibility. The main level features a spacious family room with a fireplace, a separate living room with a formal dining room. Beautiful 8-foot doors with original woodwork add character throughout the main floor. The kitchen offers updated stainless-steel appliances and plenty of functionality for everyday living. Upstairs, you’ll find three bedrooms and a large shared bathroom. The basement provides additional living space with an extra bedroom, a small kitchen, and a full bathroom. With its own private access, the lower level offers added privacy and flexibility for guests, extended family, or additional living space. Recent updates include luxury vinyl plank flooring on the main level, new carpet upstairs, and fresh paint. The home also features newer high-efficiency HVAC equipment. Outside, enjoy a spacious front porch perfect for relaxing and a large rear deck ideal for entertaining and family gatherings. The two-car garage has also been improved with new sheathing and roofing. Centrally located with convenient access to shopping, dining, schools, and other area amenities, this home combines original character with thoughtful updates and versatile living space.

1036 W Washington 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
1309 S Douglas Avenue Unit #F, Springfield
$189,900
3 Beds ⋅ 2 Baths ⋅ CA1046861 MLS
What a dream come true to live across from Washington Park but have no leaves to rake, no sweet gum balls to gather, and no snow to shovel! This 3-bedroom, 2-bath condo offers the best of both worlds—an incredible location with the ease of low-maintenance living. Inside, you’ll find a bright, freshly painted interior with beautiful light hickory floors added in 2026 throughout the living room, kitchen and two bedrooms. The fully remodeled kitchen features crisp white cabinetry, Corian countertops and stainless-steel appliances. Two full baths have been refreshed with updated toilets and light fixtures. HVAC was replaced in 2016 and the water heater in 2017. Built in 1965, the building’s solid concrete floors contribute to the quiet, substantial feel of this comforting place to call home. The monthly HOA fee covers water and sewer, trash and recycling, cable TV, exterior maintenance and snow removal. Even better, the utilities you do pay are refreshingly low—averaging approximately $51/month for Ameren gas and $85/month for CWLP electric. The association does not allow pets or rentals. Enjoy morning walks, tennis matches and lazy afternoons with a fishing pole in the Upper Lagoon, then come home and let someone else handle the maintenance!

1309 S Douglas Avenue Unit #F, Springfield
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