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718 Seminary Street

ROCKFORD, IL 61104
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Bed 4

Bed

Bath 0

Bath

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 ca n be purchased individually or together as part of a package with 712 Seminary Street and 722 Seminary Street.

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Detail Ic Property Details

Property Type : Residential Income

Price : $320,000

AD Id : 76829353

MLS Id : 202601864

Beds : 4

Year Built : 1927

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Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Dryer, Microwave, Refrigerator, Washer, Gas Water Heater

  • Building Information

    Year Built: 1927 Construction Materials: Brick Private Pool: No

  • Listing Price Information

    Listing Price: $320000

  • Tax Information

    Parcel Number: 1126178007 Tax Year: 2024 Annual Tax: $2049 Tax Legal Desc: ELEC OPPENHEIMS SUBD BEING PT OF LOT 2 PLAT OF SPT NW1/4 SEC 26-44-1 LOT 002

  • Parking Information

    Parking Total: 3

  • School Information

    Elementary School: Constance Lane Elementary School
    Junior High School: Abraham Lincoln Middle
    Senior High School: Rockford East High
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2234 11th Avenue, Rockford, IL, 61104 $200,000 4 -- 2,622 2,622 SqFt
1631 8th Avenue, Rockford, IL, 61104 $165,000 4 -- --
1511 8th Avenue, Rockford, IL, 61104 $200,000 4 -- --
204 S Sixth Street, Rockford, IL, 61104 $799,000 6 -- 3,000 3,000 SqFt
928 8th Avenue, Rockford, IL, 61104 $125,000 4 -- --
1212 S 5th Street, Rockford, IL, 61104 $174,900 5 -- --
830 10th Avenue, Rockford, IL, 61104 $90,000 5 -- --
434 16th Avenue, Rockford, IL, 61104 $215,000 6 -- 900 900 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 16:03

MLS: 202601864 LISTED BY: Jay Dowthard, Gambino Realtors 815-282-2222 SOURCE: NorthWest Illinois Alliance of REALTORS

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