x
Showing 1 of 0
X
Save

603 N Prospect Street
Cambridge IL 61238 US

$1,999,999

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

$1,999,999

Active Listing ID 12393172
Save

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 509 10th Avenue, Orion. Together, the properties offer a total of 41 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.

Collapse all

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: 1999999
  • 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 © 2026 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: 41
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • rooms: Bedroom 37, Bathroom 34, Bathroom 17, Bedroom 21, Bedroom 17, Bedroom 16, Bedroom 28, Bathroom 25, Bedroom 7, Bathroom 16, Bathroom 20, Bathroom 14, Bedroom 39, Bathroom 23, Bedroom 23, Bathroom 32, Bathroom 37, Bedroom 5, Bedroom 35, Bedroom 14, Bedroom 34, Bedroom 24, Bedroom 33, Bathroom 31, Bathroom 11, Bathroom 36, Bathroom 33, Bathroom 26, Bedroom 42, Bedroom 19, Bedroom 11, Bathroom 4, Bedroom 31, Bathroom 38, Bathroom 15, Bedroom 26, Bedroom 1, Bathroom 10, Bathroom 13, Bedroom 27, Bedroom 10, Bedroom 40, Bathroom 19, Bedroom 2, Bedroom 3, Bathroom 24, Bathroom 8, Bathroom 21, Bathroom 40, Bedroom 9, Bathroom 6, Bedroom 25, Bathroom 9, Bedroom 20, Bedroom 22, Bathroom 5, Bedroom 4, Bedroom 32, Bedroom 36, Bathroom 39, Bathroom 2, Bathroom 12, Bedroom 41, Bathroom 27, Bedroom 6, Bathroom 1, Bedroom 15, Bedroom 29, Bathroom 29, Bathroom 35, Bathroom 3, Bedroom 38, Bathroom 18, Bedroom 18, Bedroom 8, Bathroom 22, Bedroom 12, Bathroom 28, Bathroom 7, Bedroom 30, Bedroom 13, Bathroom 30
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • 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":"info@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":"US", "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":"2026-08-12 17:12:03", "Neighborhoods":[{"Description":null, "Name":"Out of Area West"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21294, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/12/2026 5:17:56 PM GMT
Source Updated Date: 8/15/2026 12:43:46 PM GMT

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

Copyright © 2026 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.