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    Cambridge, IL Multifamily Properties for Sale

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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
    Historical Moline Mixed-Use Building
    $569,000
    7,176 SF

    Historical Moline Mixed-Use Building

    Historical building with restaurant, apartments, and income potential.

    415 15TH Street, 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.

    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres

    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051
    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres

    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565
    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 Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties 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 multifamily properties 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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    Top Commercial Asset Segments

    Apartment buildings 1

    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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