Cambridge, IL Apartment buildings for sale

Updated: Jun 16, 2025

HUD Apartment Portfolio

603 N Prospect Street, Cambridge, IL 61238

$1,999,999

1.06 AC lot

Two‑property multifamily portfolio at 603 N. Prospect Street, Cambridge, and 509 10th Avenue, Orion
HUD housing for residents age 62 or older and individuals with qualifying disabilities
Unit mix includes 24 studio apartments, 10 one‑bedroom units, 4 handicap‑accessible one‑bedroom units, and 2 two‑bedroom units
Community room at each property
Coin‑operated laundry facilities

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Updated: May 28, 2025

Turnkey HUD Senior Apartment Portfolio

603 N Prospect Street, Cambridge, IL 61238

$1,999,999

Two multi‑family properties: 603 N. Prospect Street, Cambridge and 503 10th Avenue, Orion
Total of 41 residential units: 24 studios, 10 one‑bedroom units, 4 handicap‑accessible one‑bedroom units, and 2 two‑bedroom units
HUD housing requirements: residents are 62+ or have qualifying disabilities
Both buildings include a community room
Both buildings offer coin‑operated laundry facilities

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Cambridge, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Spacious Condo Near Kiwanis Park

930 17TH Street #24, Moline, IL 61265

$117,000

1,200 sqft

Second-floor condo with balcony, garage, and included amenities.

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6-Unit Apartment Building

2006 7th Street, East Moline, IL 61244

$329,000

Remodeled apartment property with secure entry, basement laundry, and storage areas.

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Three-Story Mixed-Use Building

4300 12th Ave, Moline, IL 61265

Contact for pricing

Apartment residences sit above ground-floor commercial space with uncovered parking on both sides of the building.

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76-Unit Renovated Apartment Building

4000 Archer Dr, East Moline, IL 61244

Contact for pricing

Substantially updated interiors and exteriors include modern appliances, shared amenities, and individual climate control.

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Off-Market Properties in Cambridge, IL

Consider similar Off-Market properties in Cambridge, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

100 East St, Cambridge, IL 61238

Value Estimation by Request

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Cambridge, IL Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Cambridge, IL on our real estate platform.

Sale prices for two-family homes in Cambridge, IL average $1,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61238	$2M

Neighborhood

Average Price

61238

$2M

Cambridge, IL Apartment Buildings for Sale

603 N Prospect Street, Cambridge, IL 61238

603 N Prospect Street, Cambridge, IL 61238