Ad #7040218
MLS #12393172
This listing presents an excellent investment opportunity
603 N Prospect St, Cambridge, Illinois, 61238
$1,999,999
18Beds
40Baths
0Sqft
1.060Acres
About this property
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 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.
Property Features
18 Beds
40 Baths
0 Sqft
1.060 Acres
1 Story
Siding: Vinyl Siding
Composition Roof
$11,505 / yr property tax
Henry County
Additional Photos
Contact Information
Lori Bonarek
Lori Bonarek Realty
815-518-2300
Location
Listing Agent: Lori Bonarek 815-518-2300
Broker: Lori Bonarek Realty 815-518-2300 Listing Site
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.
Broker: Lori Bonarek Realty 815-518-2300 Listing Site
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.
BarrierFreeHome.com
Printed Jun 17, 2026
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$1,999,999
18
Beds
40
Baths
0
Sqft
603 N Prospect St, Cambridge, Illinois, 61238
By contacting this agent you agree to these Terms and Conditions.
MLS# 12393172
This listing presents an excellent investment opportunity
$1,999,999
603 N Prospect St, Cambridge, Illinois, 61238
18
Beds
40
Baths
0
Sqft
1.060
Acres
$1,999,999
603 N Prospect St, Cambridge, Illinois, 61238
18 Beds
40 Baths
0 Sqft
1.060 Acres
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 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.
177 days
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Property Details
HOME DETAILS
18 Beds
40 Baths
0 Sqft
1.060 Acres
1 Story
EXTERIOR
Siding: Vinyl Siding
Composition Roof
FINANCIAL & COMMUNITY
$11,505 / yr property tax
Henry County
See More Details
Location
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Ad Statistics
Ad Number
7040218
Viewed
56 times
Listing Status
Active
Added
Dec 21, 2025
Last Refresh
Jun 17, 2026 01:29:37 AM
Listing Information
Data Source
Midwest Real Estate Data, LLC
Source Property ID
12393172
Listing Agent: Lori Bonarek 815-518-2300
Broker: Lori Bonarek Realty 815-518-2300 Listing Site
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.
Broker: Lori Bonarek Realty 815-518-2300 Listing Site
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.
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