718 Seminary St

Rockford, IL 61104

$320,000
Price
4
Beds
2
Baths
2,450 Sq. Ft.
$131 / Sq. Ft.
2,450
Sq. Ft.
$131
per Sq. Ft.
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a front view of a house with garden
a kitchen with a refrigerator and a stove top oven
a bedroom with a bed and wooden floor
a living room with a flat screen tv and a fireplace
a bathroom with a sink toilet and shower
a living room with furniture and wooden floor
a kitchen with a stove top oven and refrigerator
a bedroom with a bed and a chandelier
a view of a workspace with furniture
a living room with furniture and a flat screen tv
a view of a workspace with a window
a bedroom with a bed and a potted plant
a bedroom with a bed and window
a kitchen with stainless steel appliances a refrigerator and a sink
a view of a dining room with furniture
a kitchen with a refrigerator a stove a sink and cabinets
a bedroom with a bed and wooden floor
a living room with furniture and a flat screen tv

Description

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....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.
  1. Listed by Jay Dowthard • Gambino Realtors
    P: (815)-289-7530 jaydowthard74@gmail.com

Property Details for 718 Seminary Street

Style
2 Story
Total # of Parking Spaces
3
LISTING UPDATED: 04/30/2026 11:33 AM

Property Details for 718 Seminary Street

StatusActive And Available
MLS #202601864
Days on Market42
Taxes$2,049 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 2 Units
Year Built1927
Lot Size-
CountyWinnebago County
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Location

Listing Courtesy of Gambino Realtors
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Building Information for 718 Seminary Street

Stories2Residences2Year Built1927Building Size-Lot Size-

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$1,765 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,595

Property Taxes

$171

HOA Dues

$0

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Property Information for 718 Seminary Street

Summary
Location and General Information
  • City: ROCKFORD
  • State: IL
  • Zip: 61104
  • Geo Quality: 0.95
  • Geo Zoom Level: 16.0
  • Geo Address Line: 718 Seminary St
  • Geo Primary City: Rockford
  • Geo Subdivision: IL
  • Geo Postal Code: 61104
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 718 Seminary Street
  • County: Winnebago County
  • Zip Code: 61104
  • Year Built: 1927
  • School District: Rockford 205
  • Elementary School 1: Constance Lane Elementary School
  • Middle School: Abraham Lincoln Middle
  • High School: Rockford East High
  • Township: Rockford
  • County GIS: https://wingis.org/maps/PropertySearch.html?Pin=1126178007
  • Zoning: R1
Taxes and HOA
  • Tax Year: 2024
  • Taxes: $2,049
Property
Lot Information
  • Property Type: Two to Four Units
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 2450
  • Est Above Grade SqFt: 2450
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 2 Units
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: Yes
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Brick/Stone
  • General Features: Additional Parking, Laundry in Unit, On Bus Route, Patio
  • Roof: Shingle
Interior Features
  • Basement Type: Full
  • Water Heater: Natural Gas
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • Appl Stay/Incl: Dryer, Microwave, Refrigerator, Stove/Cooktop, Oven, Washer
  • Basement Y/N: Yes
  • Separate Heat Y/N: Yes
  • Washer/Dryer CoinOp Y/N: Yes
  • Washer/Dryer Hookup Y/N: Yes
  • Washer/Dryer Y/N: Yes
Multi Family
Income and Expenses
  • Insurance/YR: $0
  • Maintenance/YR: $0
  • Management/YR: $0
  • Utilities/YR: $0
  • Legal/Account/YR: 0
  • Other/YR: 0
  • Potential Annual Income: $42,000
Multi Family Information
  • Number of Floors in Bldg: 2
  • Number of Tenants in Bldg: 2
  • Number of Units: 2
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: 0
  • Unit 1 # Beds: 2
  • Unit 1 AC: N
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 4
  • Unit 1 # Baths: 1
  • Unit 1 Heat: GFA
  • Unit 1 SqFt: 0
  • Unit 1 Lease/Deposit: 800
  • Unit 1 Rent: 1750
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 0
  • Unit 2 # Beds: 2
  • Unit 2 AC: N
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 4
  • Unit 2 # Baths: 1
  • Unit 2 Heat: GFA
  • Unit 2 SqFt: 0
  • Unit 2 Lease/Deposit: 800
  • Unit 2 Rent: 1750
Rental
Rent Information
  • Lease: No

Property History for 718 Seminary Street

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

MRED #12611739

$320,000—
Apr 5, 2026

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202601864

$320,000—
Oct 8, 2021

Sold (Public Record)

Public Record #1476056328

$85,000

+20.4% / yr

DateEvent & SourcePrice
04/06/2026

Listed (Active)

MRED #12611739

$320,000
04/05/2026

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202601864

$320,000
10/08/2021

Sold (Public Record)

Public Record #1476056328

$85,000

+20.4% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 718 Seminary Street

Taxable ValueLand$619Additions$21,002Total$21,621
Tax Record2024$2,127 ($177 / month)
Home Facts
Total Finished SqFt2,450 SqFtAbove Grade Finished SqFt2,450 SqFtStories2Lot Size5,227 SqFtStyleDuplexYear Built1927ZoningR1CountyWINNEBAGOAPN11-26-178-007

Schools near 718 Seminary Street

This home is within Rockford School District 205.
Rating
School
Type
Grades
Distance
Constance Lane Elementary School
Public - K to 5
Abraham Lincoln Middle School
Public - 6 to 8
Rockford East High School
Public - 9 to 12
Thurgood Marshall Elementary
Public - 1 to 4
Rating
School
Distance
Constance Lane Elementary School
PublicK to 5

Abraham Lincoln Middle School
Public6 to 8

Rockford East High School
Public9 to 12

Thurgood Marshall Elementary
Public1 to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 718 Seminary Street, Rockford, IL 61104

718 Seminary Street is a multi-family home for sale in Rockford, IL 61104. This property was listed for sale on April 6, 2026 by Gambino Realtors, it's currently listed at $320,000. It has been on the market for a total of 42 days and was last sold on October 8, 2021. This listing's school district is Rockford School District 205. Nearby schools include Constance Lane Elementary School, Abraham Lincoln Middle School and Rockford East High School. 718 Seminary Street is a 4-bed, 2-bath, 2,450 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gambino Realtors

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/30/2026 11:33 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.