724 S New Street, Champaign, IL 61820

Champaign
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
724 S New Street,Champaign, IL 61820
$320,000
  • 3 Beds
  • 2 Baths
  • 1,380 sq. ft.
  • Single family
  • Active
Listed by: pj trautman
Office: trautman real estate agency & appraisal llc.
MLS#:12688745
Source:MLSNI

Price summary

  • Price:$320,000
  • Price per sq. ft.:$231.88

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...

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Home facts

  • Year built:1949
  • Listing ID #:12688745
  • Updated:September 21, 2026 at 11:04 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:7
  • Kitchen Description:Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator
  • Basement Description:Full, Partially Finished
  • Living area:1,380 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1949
  • Building area:1,380 sq. ft.
  • Architectural Style:Cape Cod
  • Levels:2 Story

Schools

  • High school:Central High School
  • Middle school:Champaign Junior High School
  • Elementary school:Champaign Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$320,000
  • Price per sq. ft.:$231.88
  • Tax amount:$5,172 (2025)

Features and amenities

  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:1
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:1
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