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$320,000 Just Listed
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Property Description
24 Hour Notice Required. On a Double Lot. Property is being sold as a package deal along with 712 Seminary St and 718 Seminary St. Three two-family apartments $960,000. Please use ShowingTime. Access information and instruction will be provided when showing is confirmed. Please use TrustFunds or EM made payable to Gambino Realtors. Please include property address on the memo line. Gambino License# 477012162. Jay Dowthard# 475127621. 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.
Full Property Details
Full Property Details for 722 Seminary St
General
- Price: $320,000
- Taxes: $2,138 (2024)
- Status: Active
- Type: Duplex
- Source: 2606
- MLS ID: 202601865
- Updated: 4/7/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Dryer, Microwave, Refrigerator, Stove/Cooktop
Parking
- Total Spaces: 2
Location
- Area: Winnebago County
- County: Winnebago
- Township: Rockford Township
- Subdivision: IL
School Information
- School District: Rockford 205
- Elementary School: Constance Lane Elementary School
- Middle School: Abraham Lincoln Middle
- High School: Rockford East High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: City
- Water: City
- Sep. Elec Meters: Yes
Structural Information
- Architectural Style: 2 Story
- Exterior Const.: Brick/Stone
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Square Feet: 2,380
- Year Built: 1926
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 800
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Zoning: R1
Financial Considerations
- Price Per Sq. Ft.: $134.45
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,138
- Tax Year: 2024
Disclosures and Reports
- Legal Description: Too Long to List - See Title
Listed by Gambino Realtors
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Schools
Schools serving 722 Seminary St
School District:Rockford School District 205
| Name | Grades | Distance |
|---|---|---|
Constance Lane Elementary School 620 Gregory Street, Rockford, IL 61104 | K-5 | 0.2 mi |
Abraham Lincoln Middle School 1500 Charles Street, Rockford, IL 61104 | 6-8 | 1 mi |
Rockford East High School 2929 Charles Street, Rockford, IL 61108 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 722 Seminary St
Date
Details
Price
Change
Source
4/06/2026
Listed
$320,000
276.47%
MLS
10/08/2021
Sold
$85,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 722 Seminary St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,138
4%
$22,556
13%
2023
$2,065
100%
$19,889
23%
2022
-100%
$16,175
28%
2021
$1,547
—
$12,620
6%
2021
$1,547
2%
$11,930
5%
2019
$1,523
1%
$11,370
7%
2018
$1,515
1%
$10,614
4%
2017
$1,507
—
$10,158
2%
2016
$1,506
-31%
$9,967
-30%
2015
$2,179
23%
$14,243
20%
2014
$1,773
1%
$11,834
-6%
2013
$1,760
2%
$12,572
-6%
2012
$1,720
—
$13,333
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 722 Seminary St
722 Seminary Street, Rockford, IL 61104 (MLS# 202601865) is a Duplex property with 0 bedrooms and 0 full bathrooms. 722 Seminary Street is currently listed for $320,000 and was received on April 06, 2026. Want to learn more about 722 Seminary Street? Do you have questions about finding other Duplex real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.

