Senior Housing

Cambridge, IL Senior Housing / Retirement Homes for Sale

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Andover, IL Bishop Hill, IL Geneseo, IL Orion, IL Woodhull, IL Galva, IL Atkinson, IL Colona, IL
HUD Apartment Portfolio
Updated: Jun 16, 2025
HUD Apartment Portfolio

603 N Prospect Street, Cambridge, IL 61238

$1,999,999
1.06 AC lot
Two‑property multifamily portfolio at 603 N. Prospect Street, Cambridge, and 509 10th Avenue, Orion
HUD housing for residents age 62 or older and individuals with qualifying disabilities
Unit mix includes 24 studio apartments, 10 one‑bedroom units, 4 handicap‑accessible one‑bedroom units, and 2 two‑bedroom units
Community room at each property
Coin‑operated laundry facilities
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HUD Housing Apartment Portfolio
Updated: Jun 16, 2025
HUD Housing Apartment Portfolio

603 N Prospect Street, Cambridge, IL 61238

$1,999,999
Two apartment properties at 603 N. Prospect Street in Cambridge and 509 10th Avenue in Orion
Both properties operate under HUD housing requirements
Housing serves residents age 62 or older and individuals with qualifying disabilities
Community room space and coin‑operated laundry facilities
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2 active listings match your search: Senior Housing for sale in Cambridge, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Historic Assisted Living Facility
Historic Assisted Living Facility

1301 Northeast Glendale Avenue, Peoria, IL 61603

$999,900
100,810 sqft  5.85 acres  Built 1900

A stained-glass cathedral room, elevator, and multiple garage bays are among the property’s existing features.

Cathedral room with original stained glass windows  Elevator
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Senior Housing Property with Rotunda
Senior Housing Property with Rotunda

2681 Rte 394, Crete, IL 60417

$2,000,000

A high-rise building and attached rotunda sit on a substantial acreage parcel with asphalt parking.

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Senior Housing Portfolio
Senior Housing Portfolio

1511 N Bigelow St, Peoria, IL 61604

Contact for pricing
Multi-tenant
Highway access

Two Illinois communities offer independent living, with one also licensed for assisted living.

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Historic Retirement Home Complex
Historic Retirement Home Complex

2681 Route 394, Crete, IL 60417

$2,000,000
51 acres
Highway access

Historic retirement home property with a high-rise building, attached rotunda, and ample on-site parking.

View details

Cambridge, IL Senior Housing / Retirement Homes Market Trends and Statistics

Explore 2 senior housing / retirement homes for sale in Cambridge, IL on our real estate platform.

Sale prices for assisted living facilities in Cambridge, IL average $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 average listing prices of real estate assets

Neighborhood Average Price
61238 $2M

Taxes & Financing

Average Loan-to-Value 65.0%

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