$320,000

beds

baths

1,380

square ft

724 S New Street

Champaign, Illinois 61820

New / MLS #12688745 / Single Family / Champaign

Listing information updated 7/21/2026 at 6:04am

Whether you're looking to expand your investment portfolio or purchase a fully furnished home with immediate income potential, this turnkey short-term rental is a rare opportunity. The buyer must honor all existing Airbnb/VRBO reservations currently in place through November 8th, 2026, allowing for a seamless transition while continuing to generate income. The property has produced more than $52,000 in gross short-term rental revenue over the past 12 months. Recently renovated and thoughtfully furnished, this stylish home comfortably accommodates up to six guests with one king bedroom, one queen bedroom, and two twin beds. The spacious finished basement provides a second living area, offering plenty of room for guests to relax. Outside, enjoy the private fenced backyard with a patio, perfect for entertaining or unwinding, along with convenient access to nearby parks and sports fields. The sale includes all furnishings, decor, housewares, linens, and equipment necessary to continue operating as a successful short-term rental, making this a truly turnkey investment. Additional features include a one-car attached garage and a central location that has consistently attracted guests. Whether you choose to continue its successful Airbnb operation or make it your own after existing reservations conclude, this property offers exceptional flexibility and value. Manage yourself or established management happy to continue.

Full Features

Architecture Style:

Cape Cod

Exterior Type:

Vinyl Siding

Basement:

Partially Finished,Full

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven, Range Hood

Main Level Primary Bedroom:

Pool:

Age:

71-80 Years

Parking Type:

Garage - Yes,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,380

Lot Size:

Less Than .25 Acre

Room Information

Living Room:

12x18 - Main

Dining Room:

12x10 - Main

Kitchen:

8x11 - Main

Family Room:

N/A

Primary Bedroom:

16x30 - Second Level

2nd Bedroom:

10x9 - Main

3rd Bedroom:

12x12 - Main

4th Bedroom:

N/A

Bar/Entertainment:

9x8 - Basement Level

Recreation Room:

15x30 - Basement Level

Laundry:

12x22 - Basement Level

Taxes & Assessments

Tax Amount:

$5,171

Tax Year:

2025

Location

Zip Code:

61820

City:

Champaign

County:

Champaign

Schools

School District(s):

Elementary School:

Champaign Elementary School

Middle School:

Champaign Junior High School

High School:

Central High School

Architecture Style:

Cape Cod

Exterior Type:

Vinyl Siding

Basement:

Partially Finished,Full

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven, Range Hood

Main Level Primary Bedroom:

Pool:

Age:

71-80 Years

Parking Type:

Garage - Yes,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,380

Lot Size:

Less Than .25 Acre

Living Room:

12x18 - Main

Dining Room:

12x10 - Main

Kitchen:

8x11 - Main

Family Room:

N/A

Primary Bedroom:

16x30 - Second Level

2nd Bedroom:

10x9 - Main

3rd Bedroom:

12x12 - Main

4th Bedroom:

N/A

Bar/Entertainment:

9x8 - Basement Level

Recreation Room:

15x30 - Basement Level

Laundry:

12x22 - Basement Level

Tax Amount:

$5,171

Tax Year:

2025

Zip Code:

61820

City:

Champaign

County:

Champaign

School District(s):

Elementary School:

Champaign Elementary School

Middle School:

Champaign Junior High School

High School:

Central High School

Listing Office: Trautman Real Estate Agency & Appraisal LLC

Listing Office Phone: 217.888.8585

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/21/2026 at 6:04am. 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. Some listings have been excluded from this website.