718 Seminary Street, Rockford, IL 61104
0 Units
$280,000
Sold

718 Seminary Street, Rockford, IL 61104

$280,000

$280,000

Features

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 0
  • Square Feet: 0
  • School District: Rockford
  • High School: Rockford East High
  • MLS#: 202601864
  • Listing Company: Gambino Realtors
  • Zip Code: 61104

Property Description

718 Seminary Street, Rockford, IL 61104 - 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.

  • Additional features

    Interior Features

    • Appliances Included: Dryer, Microwave, Oven, Refrigerator, Stove/Cooktop, Washer

    Building and Construction

    • Roof: Shingle

    Land Features

  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    202601864 Sold ActiveWO Jul 27 2026 12:00AM $280,000 43
    202601864 Sold ActiveWO Jul 27 2026 12:00AM $280,000 43
    202601864 ActiveWO Active May 19 2026 4:07PM 43
    202601864 Active Apr 6 2026 5:07PM $320,000 43
    201600199 Sold Feb 22 2016 12:00AM $29,900 $30,550 39
Directions To 718 Seminary Street, Rockford, IL 61104

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report