Senior Housing

Cambridge, IL Senior Housing / Retirement Homes for Sale

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Andover, IL Bishop Hill, IL Geneseo, IL Orion, IL Alpha, 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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cambridge, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

20-Unit Brick Apartment Building
20-Unit Brick Apartment Building

207 S Main Street, Louisiana, MO 63353

$1,000,000
13,420 sqft 0.34 AC lot

All-brick apartments with courtyard and riverfront setting, HUD HAP contract, and accessible ramp entry.

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All-Brick Apartment Building
All-Brick Apartment Building

207 S Main St, Louisiana, MO 63353

$1,000,000
13,420 sqft

HUD-supported housing with courtyard and river outlooks serves older adults and disabled residents.

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Renovated Senior Housing Facility
Renovated Senior Housing Facility

807 3rd Street, Durant, IA 52747

$600,000
28,749 sqft 0.66 AC lot

Three-level commercial property with accessible residential units, shared amenities, and updated building systems.

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Maintenance-Free 55+ Cooperative Living
Maintenance-Free 55+ Cooperative Living

2592 MIDDLE Road #204, Bettendorf, IA 52722

$149,000
1,319 sqft

Secure, maintenance-free cooperative living for those 55 and better.

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

Explore 1 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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