IL
Champaign
Champaign
61820
724 S New Street
724 S New Street, Champaign, IL 61820
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Listing Type
Single Family
Listing Status
Active
25
$320,000

Home Details for 724 S New Street

Price
$320,000
Type
Residential
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Square feet
1380
Year built
1949
County
Champaign
Total rooms
7
Garage
1
Basement
Partially Finished, Full
MLS Listing#
12688745
Property Description

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.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • Detached
    • Garage
  • Basement
    • Partially Finished
    • Full
  • Cooling Information
    • Central Air
  • Water Features
    • Public
School Information
School Information for 724 S New Street, Champaign, IL 61820
Elementary School
Champaign Elementary School
Middle School
Champaign Junior High School
High School
Central High School
Listing Courtesy: Trautman Real Estate Agency & Appraisal LLC - 217-888-8585
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-07-21 03:20:16. 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.
Last Updated: 2026-07-21 03:20:16
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EXIT REAL ESTATE PARTNERS
4901 Main Street, Downers Grove, IL 60515
Office
630 967 0400
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