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603 N Prospect Street, Cambridge, IL 61238.
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.
MLS ID: 12393172
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603 N Prospect Street, Cambridge, IL 61238.

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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,999,999 | $1,999,999 | $1,999,999 |
| Down Payment | $70,000 | $0 | $400,000 |
| Monthly Mortgage Amount | $11,616 | $12,085 | $9,337 |
| Taxes | $2783 | $2783 | $2783 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,199 | $0 | $0 |
| Monthly Estimated Total | $16,181 | $15,451 | $12,703 |