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603 N Prospect Street Cambridge IL 61238US18 Bed, 40.00 Bath (40 Full Bath), 12393172
603 N Prospect Street CambridgeIL61238
2200000.0000 1/1/1900 12:00:00 AM
Realty Executives Stars
2720 W Locust Street, Ste 11BDavenportIA52804
972-693-1633
1 /

Courtesy of: Lori Bonarek, Lori Bonarek Realty, loribonarek@loribonarekrealty.com

603 N Prospect Street
Cambridge IL 61238 US

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1 /

Courtesy of: Lori Bonarek, Lori Bonarek Realty, loribonarek@loribonarekrealty.com

Realty Executives Stars
2720 W Locust Street, Ste 11B
Davenport, IA, US 52804
972-693-1633

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603 N Prospect Street
Cambridge IL 61238 US

$2,200,000

Active Listing ID 12393172
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18 bed
bath icon
40.00 Bath (40 Full)
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Lot: 1.06 Acres
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Other

$2,200,000

Active Listing ID 12393172
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603 N Prospect Street This listing presents an excellent investment opportunity consisting of two multi-family properties located at 603 N. Prospect Street, Cambridge and 503 10th Avenue, Orion. Together, the properties offer a total of 40 residential units, including 24 studio apartments, ten one-bedroom units, four handicap-accessible one-bedroom units, and two two-bedroom units. Both buildings operate under HUD housing requirements, serving residents who are 62 years of age or older or individuals with qualifying disabilities. The properties are well-maintained and provide key amenities such as a community room and coin-operated laundry facilities, offering comfort and convenience for tenants. With a strong history of occupancy and consistent rental income, these safe and secure buildings represent a turnkey portfolio with significant income potential in the affordable housing sector.

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Property Features

  • Facts
  • Lot Size: 1.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 40
  • Roof Type: Composition

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2200000
  • unparsedaddress: 603 N Prospect Street
  • postalcity: Cambridge
  • stateorprovince: IL
  • country: US
  • postalcode: 61238
  • bathroomsfull: 40
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.06
  • lotsizeunits: Acres
  • lotsizearea: 1.06
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.308826
  • longitude: -90.192879
  • listagentfullname: Lori Bonarek
  • listagentemail: loribonarek@loribonarekrealty.com
  • listagentkey: 3yd-MREDIL-265169
  • listagentmlsid: 265169
  • listagentpreferredphone: (815) 518-2300
  • listagentofficephone: 8153254760
  • listofficekey: 3yd-MREDIL-28688
  • listofficemlsid: 28688
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2025-06-16
  • listagenturl: http://www.loribonarekrealty.com
  • countyorparish: Henry
  • parcelnumber: 1807202012
  • constructionmaterials: Vinyl Siding
  • numberofunitstotal: 40
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • rooms: Bathroom 20, Bathroom 32, Bathroom 38, Bathroom 37, Bathroom 26, Bathroom 36, Bathroom 10, Bathroom 27, Bedroom 15, Bathroom 5, Bedroom 7, Bedroom 17, Bathroom 13, Bedroom 3, Bathroom 2, Bathroom 39, Bathroom 6, Bathroom 22, Bathroom 31, Bathroom 29, Bathroom 19, Bathroom 17, Bathroom 8, Bathroom 11, Bathroom 24, Bathroom 16, Bedroom 11, Bathroom 15, Bedroom 12, Bedroom 6, Bedroom 4, Bathroom 18, Bedroom 1, Bedroom 14, Bathroom 9, Bathroom 33, Bedroom 9, Bathroom 4, Bathroom 28, Bedroom 13, Bathroom 12, Bathroom 34, Bathroom 30, Bathroom 40, Bathroom 3, Bedroom 8, Bathroom 14, Bathroom 1, Bedroom 10, Bathroom 25, Bathroom 23, Bathroom 7, Bedroom 5, Bathroom 21, Bedroom 16, Bedroom 2, Bathroom 35, Bedroom 18
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.19288, 41.308826
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lori Bonarek Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"loribonarek@loribonarekrealty.com", "ListBrokerageCity":"Coal City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@loribonarekrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/8a7a14c1795f11e782420242ac110009/20220804221707147.png", "ListBrokerageName":"Lori Bonarek Realty", "ListBrokeragePhone":"(815) 518-2300", "ListBrokeragePostalCode":"60416", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"640 S. Broadway St.", "ListBrokerageWebsiteUrl":"http://www.loribonarekrealty.com", "ListOfficeAddress1":"640 S Broadway ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"28688", "ListOfficeCity":"Coal City", "ListOfficeCountry":"USA", "ListOfficeEmail":"info@loribonarekrealty.com", "ListOfficePostalCode":"60416", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cambridge, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/603-N-Prospect-St_Cambridge_IL_61238_M99575-06887?f=listhub&s=MREDIL&m=12393172&c=rexren", "MLSModificationTimestamp":"2025-07-16 14:44:02", "Neighborhoods":[{"Description":null, "Name":"Out of Area West"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11505, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/31/2025 3:16:24 PM GMT
Source Updated Date: 1/12/2026 6:48:09 PM GMT

Courtesy of: Lori Bonarek, Lori Bonarek Realty, loribonarek@loribonarekrealty.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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