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718 Seminary Street, 
Rockford, IL 61104

$320,000


Bed


Bath


2,450

Sq Ft


Multi-Family

Active

Listed by

Jay Dowthard

Gambino Realtors

815-282-2222

Last updated:

May 17, 2026, 02:43 AM

MLS#

202601864

Source:

IL RAAR

About This Home

718 Seminary Street

Turnkey Furnished Rental Portfolio – Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. The property can be purchased individually or together as part of a package with 712 Seminary Street and 722 Seminary Street.

Home Facts

Multi-Family

Price Summary

320,000

$130 per Sq. Ft.

MLS #:

202601864

Last Updated:

May 17, 2026, 02:43 AM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

2,450 Sq. Ft.


Structure

Structure

Building Area:

2,450 Sq. Ft.


Finances & Disclosures

Finances

Price:

$320,000

Price per Sq. Ft:

$130 per Sq. Ft.

Source:IL RAAR
The information being provided by Rockford Area Association Of REALTORS® (Raar) Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Rockford Area Association Of REALTORS® (Raar) Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.