Turnkey Furnished Rental
712 Seminary, Rockford, IL 61104
2 Units - ROCKFORD, IL
- Added:
- Apr 6, 2026
- Days on Market:
- 46
- Last Refresh:
- May 21 at 6:06 pm
Property Features for 712 Seminary
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Patio and Porch features
- Patio
- Interior features
- Additional Parking, Laundry In Building
- Exterior features
- Patio
- Appliances
- Cooktop, Dryer, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 1126178006
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2129
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- None (Cooling)
Building Details
- Building materials
- Brick, Stone
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jay Dowthard License #475127621 (815) 289-7530
Listing office Gambino Realtors 3815 N Mulford, Rockford, IL (815) 282-2222
Listing date Apr 6, 2026
MLS# 202601863
Listing URL
Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey Furnished Rental Portfolio: Fully furnished and professionally managed.
- Proven Income & Occupancy: Consistent occupancy and strong income performance ($115,200 gross, $100,680 NOI).
- Stabilized 6‑Unit Property: Well‑established reputation catering to travel professionals and extended‑stay tenants.
- Excellent Tenant Reviews: Reflecting the quality and care put into the property.
- Well‑Maintained: Ongoing maintenance ensures the property is in good condition.
- Opportunity for Package Purchase: Can be purchased individually or as part of a package with other properties (718 Seminary Street and 722 Seminary Street).
Overview
This is a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. It operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants. The property generates 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. The property is well-maintained and professionally managed, offering a true turnkey investment with immediate cash flow. The units are fully furnished and included in the sale. The property has a proven occupancy history and strong demand from travel and mid-term renters, as well as efficient operating expenses. The property is located in Rockford, IL, and can be purchased individually or together as part of a package with 718 Seminary Street and 722 Seminary Street.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.090143
- Latitude
- 42.260373
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Fully occupied 6-unit rental property with proven income.
Where is this multifamily property located?
The property is located at 712 Seminary Rockford, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Turnkey Furnished Rental Portfolio: Fully furnished and professionally managed.; Proven Income & Occupancy: Consistent occupancy and strong income performance ($115,200 gross, $100,680 NOI).; Stabilized 6‑Unit Property: Well‑established reputation catering to travel professionals and extended‑stay tenants.
