# 603 N Prospect Street, Cambridge, IL 61238 > **TL;DR:** 42bd/40ba residential multi family, $1,999,999. Est. $10,696/mo. Listed 504 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,999,999 | | Bedrooms | 42 | | Bathrooms | 40 full | | Lot Size | 46,174 sqft (1.06 acres) | | Stories | 1 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 504 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $10,113 | | Estimated Insurance | $583 | | **Total** | **$10,696** | ## Property Highlights - 1.06 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 603 N Prospect Street, Cambridge, IL 61238 - **County:** Henry - **Coordinates:** 41.308826, -90.192879 - **Google Maps:** https://www.google.com/maps?q=41.308826,-90.192879 ## Listing Agent - **Name:** Lori Bonarek - **Brokerage:** Lori Bonarek Realty - **Broker Phone:** (815) 518-2300 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/603-N-Prospect-St_Cambridge_IL_61238_M99575-06887?f=listhub&s=MREDIL&m=12393172&c=propsimple) ## Photos ![603 N Prospect Street - Photo 1](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f3546753809r.jpg) ![603 N Prospect Street - Photo 2](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f3095671071r.jpg) ![603 N Prospect Street - Photo 3](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f3408599474r.jpg) ![603 N Prospect Street - Photo 4](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f1804774302r.jpg) ![603 N Prospect Street - Photo 5](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f2565664474r.jpg) ![603 N Prospect Street - Photo 6](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f659888180r.jpg) ![603 N Prospect Street - Photo 7](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f2331227721r.jpg) ![603 N Prospect Street - Photo 8](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f1370606203r.jpg) ![603 N Prospect Street - Photo 9](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f2210975613r.jpg) ![603 N Prospect Street - Photo 10](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f1009719458r.jpg) ![603 N Prospect Street - Photo 11](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f1684107429r.jpg) ![603 N Prospect Street - Photo 12](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f1837759123r.jpg) ![603 N Prospect Street - Photo 13](http://lh.rdcpix.com/75c5bb9c80cd8f6f055514ee72736eeel-f3751493340r.jpg) --- **MLS#:** 12393172 | **Updated:** 2026-10-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/603-n-prospect-street-cambridge-il-61238-3aee04ce09ea430e9572c73d6c5affaf) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/603-n-prospect-street-cambridge-il-61238-3aee04ce09ea430e9572c73d6c5affaf#listing", "url": "https://www.propertysimple.ai/listing/603-n-prospect-street-cambridge-il-61238-3aee04ce09ea430e9572c73d6c5affaf", "name": "603 N Prospect Street, Cambridge, IL 61238", "description": "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. 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