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    Bishop Hill, IL Carbondale, IL Geneseo, IL
    Turnkey Multi-Family Investment Opportunity
    $1,999,999
    1.06 Acres

    Turnkey Multi-Family Investment Opportunity

    603 N Prospect Street, Cambridge, IL 61238

    Two multi-family properties with 41 units, strong occupancy history.

    • Turnkey portfolio of two multi‑family properties with 41 residential units.
    • Consistent rental income and strong history of occupancy.
    • Operates under HUD housing requirements, serving a specific demographic (62+ or individuals with disabilities).
    • Includes a mix of studio, one‑bedroom, handicap‑accessible one‑bedroom, and two‑bedroom units.
    • Amenities include a community room and coin‑operated laundry facilities.
    Updated: Jun 16, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Bettendorf Multifamily Investment Opportunity
    $1,595,000
    17,400 SF

    Bettendorf Multifamily Investment Opportunity

    28-unit apartment community in central Bettendorf, Iowa.

    932 State Street, Bettendorf, IA 52722
    View details
    Bettendorf Multifamily Investment Opportunity
    $1,650,000
    18,600 SF

    Bettendorf Multifamily Investment Opportunity

    28-unit apartment community in desirable Bettendorf, Iowa.

    808 State Street, Bettendorf, IA 52722
    View details
    Retail, Multifamily
    $2,250,000
    45,816 SF

    Retail, Multifamily

    Mixed-use properties · 45,816 SF

    1317 5th Ave, Moline, IL 61265
    View details
    Development Land in Prime Location
    $653,000
    5.02 Acres

    Development Land in Prime Location

    5.02 acres of R-6 zoned land ready for development.

    Lot 59 36TH Avenue, Moline, IL 61265
    View details

    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
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

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

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details

    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.

    100 East St
    Multifamily properties
    Value Estimation by Request

    100 East St, Cambridge, IL 61238

    View details

    Cambridge, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Cambridge, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,999,999.

    Sale prices for two-family homes in Cambridge, IL start at $1,999,999, averaging $1,999,999, and reaching up to $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.

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    Demographics Overview

    Population 2,705
    Population Growth (5Y) -23.5%
    Median Household Income $75,294
    College Educated 23.7%

    High-Yield Neighborhoods for Investment

    Identify Cambridge submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61238 $2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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