724 S New Street, Champaign, IL 61820
Local realty services provided by:Results Realty ERA Powered
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 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....
Contact an agent
Home facts
- Year built:1949
- Listing ID #:12688745
- Updated:July 21, 2026 at 12:05 PM
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
New listings near 724 S New Street
- New
$245,000Active4 beds 2 baths1,080 sq. ft.911 Foley Avenue, Champaign, IL 61820
MLS# 12710840Listed by: OPENDOOR BROKERAGE, LLC - Open Sun, 2 to 4pmNew
$599,900Active4 beds 3 baths2,214 sq. ft.2505 Prairie Ridge Place, Champaign, IL 61822
MLS# 12684400Listed by: KELLER WILLIAMS-TREC - New
$589,000Active4 beds 2 baths2,729 sq. ft.1610 Yorkshire Drive, Champaign, IL 61822
MLS# 12697501Listed by: REALTY SELECT ONE - New
$235,000Active3 beds 3 baths1,529 sq. ft.912 Hollycrest Drive, Champaign, IL 61821
MLS# 12710047Listed by: OPENDOOR BROKERAGE, LLC - New
$599,900Active4 beds 5 baths3,409 sq. ft.1808 Vale Street, Champaign, IL 61822
MLS# 12705846Listed by: KELLER WILLIAMS-TREC - New
$159,000Active3 beds 1 baths975 sq. ft.1709 Crescent Drive, Champaign, IL 61821
MLS# 12709779Listed by: HAPP REALTY - New
$229,900Active2 beds 2 baths1,492 sq. ft.3331 Boulder Ridge Drive, Champaign, IL 61822
MLS# 12698733Listed by: KELLER WILLIAMS-TREC - New
$259,500Active3 beds 2 baths1,156 sq. ft.1910 Branch Road, Champaign, IL 61821
MLS# 12705473Listed by: RE/MAX REALTY ASSOCIATES-CHA - New
$375,000Active3 beds 2 baths1,769 sq. ft.706 La Sell Drive, Champaign, IL 61820
MLS# 12707130Listed by: LANDMARK REAL ESTATE