Cambridge, IL Multifamily properties for sale

Turnkey Multi-Family Investment Opportunity

$2,200,000

1.06 Acres

Turnkey Multi-Family Investment Opportunity

603 N Prospect St, Cambridge, IL 61238

Two well-maintained multi-family properties with 40 units total.

Turnkey portfolio of two multi‑family properties with 40 residential units.
Consistent rental income and strong history of occupancy.
Operates under HUD housing requirements, serving residents who are 62+ or individuals with qualifying disabilities.
Includes 24 studio apartments, ten one‑bedroom units, four handicap‑accessible one‑bedroom units, and two two‑bedroom units.
Key amenities include a community room and coin‑operated laundry facilities.

Updated: Jul 16, 2025

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Based on your search, we've compiled 6 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

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Cambridge, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 1 multifamily properties for sale in Cambridge, IL on our real estate platform. These investment opportunities span a total of 46,174 square feet of properties for sale, with an estimated market value of $2,200,000.

Prices for multifamily properties in Cambridge, IL start at $2,200,000, averaging $2,200,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Cambridge, IL Multifamily Properties for Sale

Turnkey Multi-Family Investment Opportunity

Two well-maintained multi-family properties with 40 units total.