Home Summary
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Property summary
724 S New Street, Champaign, IL
$320,000
Cape Cod
Bedrooms 3
Bathrooms 2 Full
Finished Sq. Footage 1,659
Main Level Sq. Footage 809
Upper Level Sq. Footage 571
Basement Sq. Footage 515
Year Built 1949
Lot Size 110.75 X 52
Days On Market 6
About this home
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.
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Amenities & features
- Property type: Detached Single
- Style: 2 Stories
- Architecture: Cape Cod
- Approximate age: 71-80 Years
- Parking: 1 garage space; Detached
- Basement: Partially Finished, Full
- HVAC: Natural Gas, Forced Air / Central Air
- Kitchen: Eating Area-Table Space, Galley
- Primary bedroom: Second; Hardwood; 16X30
- Primary bath: Full
- Dining room: Kitchen/Dining Combo
- Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven, Range Hood
- Exterior: Vinyl Siding
- Water/sewer: Public / Public Sewer
- Lot: Less Than .25 Acre
- Ownership: Fee Simple
- Exposure: West
- Bar/Entertainment: 9X8, Basement, Ceramic Tile
- Recreation Room: 15X30, Basement, Ceramic Tile
- Laundry: Basement, Ceramic Tile, 12X22
Listing Agency: Trautman Real Estate Agency & Appraisal LLC

