115 Prospect St Cambridge, IL 61238-1148

This exceptional investment opportunity presents a unique blend of commercial and residential space in the heart of downtown Cambridge, Illinois. Located at 115 N PROSPECT Street, this property boasts a total of one building constructed in 1919, encompassing a versatile mix of uses. The main floor has been completely remodeled to provide a functional and attractive office or retail space, complete with a convenient back storage room. Upstairs, a generously sized two-bedroom apartment offers significant rental income potential. This apartment features spacious rooms, the convenience of in-unit laundry facilities, and access from both the street and an alley. The property is zoned for commercial, flex, and multifamily uses, providing flexibility for a variety of business and residential applications. The asking price for this motivated seller's property is $120,000. This property is situated in Henry County, Illinois, with the zip code 61238. The property's versatility and prime downtown location make it an ideal investment for those seeking a strong return on investment in a thriving community. The building's age and character offer a unique charm, while the recent renovations ensure modern functionality and appeal. Don't miss this chance to acquire a valuable asset in a desirable location.