$320,000 724 S New Street, Champaign
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MRD12688745 Cape Cod / Detached Single   724 S New Street, Champaign, IL 61820 $320,000






Bedrooms: 3 County: Champaign
Full Baths: 2 Town: Champaign
Half Baths: 0 Lot Size: 110.75 X 52
Total Baths: 2 Apx Age: 71-80 Years
Garage: 1 car; Detached Year Built: 1949
Subdivision: Grade School: Champaign Elementary School
Jr. High: Champaign Junior High School
PIN: 432013156012 Senior HS: Central High School
Legal: LOT 25 SHADY LAWN ADD
  Room Dim. Level Floor Bath   Room Dim. Level Floor Bath Level Square Footage
Living Room: 12X18 Main Hardwood   Bedroom 1: 16X30 Second Hardwood Full Upper SF: 571
Dining Room: 12X10 Main Wood Laminate   Bedroom 2: 10X9 Main Carpet   Main SF: 809
Kitchen: 8X11 Main Wood Laminate   Bedroom 3: 12X12 Main Carpet  
Family Room: N/A   Bsmnt SF: 515
Laundry Room: 12X22 Basement Ceramic Tile   A1 N/A Finished. SF: 1,659
Bar/Entertainment: 9X8 Basement Ceramic Tile Recreation Room: 15X30 Basement Ceramic Tile  
Tax Yr: 2025 Real Estate Tax: $5,172 Tax Exemptions: Homeowner
Association Fees: $ / Not Applicable
Family Room: No Fireplace: No Dining Room: Yes Accessibility: No
Basement: Partially Finished, Full New Const: No   Front Door Faces:
Architecture: Cape Cod / Detached Single Sewer: Public Sewer HVAC: Natural Gas, Forced Air / Central Air
Outbuildings: Water: Public Roof:
Exterior: Vinyl Siding Foundation Material:  
Fireplace: Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven, Range Hood Parking: 1 garage space; Detached
Property Includes: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven, Range Hood
Possession: Closing
Remarks: 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.
Listing Firm: Trautman Real Estate Agency & Appraisal LLC
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Listing Agency: Trautman Real Estate Agency & Appraisal LLCBroker reciprocity
$320,000 724 S New Street, Champaign