Cambridge, IL Apartment buildings for sale

Updated: Jun 16, 2025

Turnkey Multi-Family Investment Opportunity

603 N Prospect Street, Cambridge, IL 61238

$1,999,999

1.06 AC lot

Portfolio includes two multi‑family properties at 603 N. Prospect Street, Cambridge and 503 10th Avenue, Orion
Total of 41 residential units: 24 studio, ten 1‑bedroom, four handicap‑accessible 1‑bedroom, and two 2‑bedroom units
Both buildings operate under HUD housing requirements for residents 62+ or with qualifying disabilities
Amenities include a community room and coin‑operated laundry facilities
Buildings use vinyl siding exterior and composition roofs

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Updated: Jun 13, 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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 11 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Downtown Income Property

1821-1823 2nd Ave, Rock Island, IL 61201

$624,900

9,600 sqft

Downtown Rock Island mixed-use building with storefront office/retail suites plus apartments across multiple upper floors.

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Rock Island Apartment Community

1103 25th Street, Rock Island, IL 61201

$2,700,000

42,000 sqft 1.99 AC lot

48-unit apartment community in Rock Island, Illinois.

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Bettendorf Multifamily Investment Opportunity

932 State Street, Bettendorf, IA 52722

$1,595,000

17,400 sqft

28-unit apartment community in central Bettendorf, Iowa.

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River-View Apartment Building

924 State St, Bettendorf, IA 52722

$1,595,000

28-unit multifamily property with shared laundry and on-site parking, including select units with Mississippi River views.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000

0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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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 for Sale

603 N Prospect Street, Cambridge, IL 61238

603 N Prospect Street, Cambridge, IL 61238