Properties

Address Map
US
IL
Henry
Cambridge
61238
Prospect
603
Street
W91° 48' 13.4''
N41° 18' 9.1''
Division St. to east on 10th Ave. to property
Out of Area West
Out of Area West
N
N
MULTI
Additional Information
: Vinyl Siding
: Multi-Family
152 X 304
40
40
2200000
1
Lori Bonarek Realty
Lori Bonarek
Financial
11505.48
Listing Information
Jennifer Phillips
28688
Lori Bonarek Realty
265169
28688
MRED
Listing Information
265174
28688
Lori Bonarek Realty
Active
2026-04-27T04:26:13Z
2026-01-25T06:05:32Z
Property Description

This listing presents an excellent investment opportunity consisting of two multi-family properties located at 603 N. Prospect Street, Cambridge and 503 10th Avenue, Orion. Together, the properties offer a total of 41 residential units, including 24 studio apartments, ten one-bedroom units, four handicap-accessible one-bedroom units, and two two-bedroom units. Both buildings operate under HUD housing requirements, serving residents who are 62 years of age or older or individuals with qualifying disabilities. The properties are well-maintained and provide key amenities such as a community room and coin-operated laundry facilities, offering comfort and convenience for tenants. With a strong history of occupancy and consistent rental income, these safe and secure buildings represent a turnkey portfolio with significant income potential in the affordable housing sector.

Commercial Sale For Sale

603 N Prospect Street, Cambridge, Illinois 61238

  • Lot Size: 1.06 Acre
$1,999,999
Listing ID#12393172
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12393172
Price : $1,999,999
Lot Size : 1.06 Acre
Listing Status : Active
Roof
Roof : Composition
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