722 Seminary Street, Rockford, IL 61104

$320,000

SAVE TOUR THIS HOME

10 Total Photos [Click to View All]

Featured Listing New to the Market Active

BEDS0 BATHS SQUARE FEET2,380 MLS#202601865

STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205

TOUR THIS HOME

COMPARE LISTING

Call / TEXT TO ME / Map Listing / Print / Share / Email

Property 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. 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. Property is being sold as a package deal along with 712 Seminary Street and 718 Seminary Street.

722 Seminary Street | MLS# 202601865

This multi-family property located at 722 Seminary Street, Rockford, IL 61104 is currently listed for sale by Gambino Realtors, with an asking price of $320,000. Seminary Street is located within the Rockford 205 school district. Search Rockford real estate on hporter.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple

Heating: Forced Air, Natural Gas

Home Style: 2 Units

Roof Type: Shingle

Taxes: $2,138

Appliances

Dryer

Microwave

Refrigerator

Stove/Cooktop

Feature Descriptions

Days on Site: 4

Exterior: Brick/Stone

General Features: Additional Parking, Laundry in Building, Storage Area

Separate Utilities: Yes

Sewer: City

Water: City

Local Schools

School District: Rockford 205

Listed By / Shown By

Listed By

Agency Name: Gambino Realtors

Shown By

Agent Name: Heather Porter
Agent Phone: (815) 988-7443

Estimate Your Payment

Estimated Payment

$ 1,725.04 per month $1,453.54 Principal & Interest $178.17 Property Tax $93.33 Homeowner's Insurance

Change Payment Information

722 Seminary Street, Rockford, IL 61104

$320,000

SAVE TOUR THIS HOME

Heather Porter Cell: (815) 988-7443 Fax: (815) 282-2268 Office Number: (815) 282-2222 Cell: (815) 988-7443 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/11/2026. The listing information on this page last changed on 04/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/11/2026 8:19:13 AM EST) or MRED MLS (last updated Sat 04/11/2026 7:22:11 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 04/10/2026 10:15:29 PM EST) or Northern Illinois Commercial Association Realtors (last updated Fri 04/10/2026 2:10:08 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility