Foreclosure for Sale on S Spring St, Springfield, IL 62704

Foreclosures โ€บ Illinois โ€บ Sangamon โ€บ Springfield โ€บ S Spring St
Bank-owned REO foreclosure property at S Spring St, Springfield, IL 62704. 3 bed 2 bath Sangamon County foreclosure listing.
Foreclosure (REO) Active 87 days on market
S Spring St, Springfield, IL 62704
Est. Value
$72,000
Sangamon County ยท Illinois
3
Bedrooms
2
Bathrooms
1905
Year built
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 2
Year built 1905
County Sangamon County
State Illinois
ZIP 62704
Days on Market 87 days
Listing ID 65336853
About this property

This Springfield, IL property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

๐Ÿ“Š Sangamon County Market ยท Updated daily
Active Listings
638
Avg. Est. Value
$50,600
Bank-Owned (REO)
45
Pre-Foreclosures
593

551 active foreclosure listings in Springfield, IL.

Browse all Sangamon County foreclosures โ†’
โ“ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Sangamon County foreclosures for additional guidance on the purchase process.
There are currently 551 active foreclosure listings in Springfield, IL. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Springfield, IL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 62704 ยท U.S. Census ACS
Population
40,495
Median Age
39.6 yrs
Households
18,933
Median Household Income
$63,120
Median Home Value
$156,200
Median Rent
$896/mo
Owner-Occupied
59% of homes
Vacancy Rate
9% of units
Unemployment Rate
6.1%

~26% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 62704
๐Ÿซ Elementary
Black Hawk Elem School
Grades Kโ€“5ยทSpringfield ZIP 62704
Butler Elem School
Grades Kโ€“5ยทSpringfield ZIP 62704
Dubois Elem School
Grades Kโ€“5ยทSpringfield ZIP 62704
Elizabeth Graham Elem School
Grades Kโ€“5ยทSpringfield ZIP 62704
๐Ÿซ Middle
Benjamin Franklin Middle School
Grades 6โ€“8ยทSpringfield ZIP 62704
U S Grant Middle School
Grades 6โ€“8ยทSpringfield ZIP 62704
๐ŸŽ“ High
Springfield High School
Grades 9โ€“12ยทSpringfield ZIP 62704
Springfield Learning Academy
Grades 9โ€“12ยทSpringfield ZIP 62704

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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