Small, but full of potential. This commercial property is in Cambridge’s downtown area, close to the main highway. It is a single story masonry building that needs a little TLC. The front half of the building was formerly office/retail space with a separate electrical, gas and water meter. The back half was formerly a 1 bedroom apartment with its own electrical, gas and water meter. There are separate entrances for each half with public parking on the front in the road, and private parking in the rear for the former apartment. Neither half has been occupied for some time. There are issues with the roof and the basement that will need to be addressed, but for the right person, this could be a good investment! Property is sold AS IS with the seller making no repairs. All utilities are currently off.
117 EXCHANGE Street Cambridge, IL 61238
100 EAST Street Cambridge, IL 61238
This is an investor’s special, priced to sell! This 2 story brick downtown building has plenty of space on the main level for retail or office space but needs to be customized to fit your needs. The 2nd story has street access by separate stairwell with two 1 bedroom apartments. Currently the apartments are vacant, but were previously rented for $250 & $300/month. There is also a full basment under the building. Property is being sold “AS IS” with the seller making no repairs. This property is also in the TIF District so any updates/repairs made are eligible for TIF reimbursement through the VIllage of Cambridge (contact the VIllage for more information). No utilities are on.
113 EXCHANGE Street Cambridge, IL 61238
This commercial space in Cambridge is perfect for the small business owner, or entrepreneur . With 24′ of storefront, the 864 sq ft front room could be an office, retail store, or whatever else you can imagine. While the middle section is currently set up with a full kitchen, bathroom, and an area to hang out in. The back section of the building has 528 sq ft of storage area with the new 200 amp electrical panel, newer furnace, and rear exit door. The roof was done within the last 10 years and has 2 years left on the warranty. Property is sold AS IS with seller making no repairs.
