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Cambridge, IL Residential Income Properties for Sale

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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

Explore Opportunities in Nearby Cities

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

Silvis, IL Commercial Land - $475K
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Silvis, IL Commercial Land - $475K

1.8-acre outlot, high-visibility location.

0 17Th Ave, Silvis, IL 61282
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Port Byron Commercial Land - $45K
$45,000

Port Byron Commercial Land - $45K

Prime Commercial/Residential Land, Excellent Location.

3905 229Th Street Cir, Port Byron, IL 61275
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Port Byron Commercial Land - $45K
$45,000

Port Byron Commercial Land - $45K

Prime Commercial/Residential Land, IL

3901 229Th Street Cir, Port Byron, IL 61275
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Silvis, IL Commercial Land - $595K
$595,000
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Silvis, IL Commercial Land - $595K

2.66-acre commercial/residential lot. High visibility, TIF district.

0 5Th Street Ct, Silvis, IL 61282
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Cambridge, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 1 residential income 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 residential income 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.

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