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724 S New Street, 
Champaign, IL 61820

$320,000


3

Beds


2

Baths


1,380

Sq Ft


Single Family

Active

Listed by

Pj Trautman

Trautman Real Estate Agency & Appraisal LLC.

Last updated:

July 21, 2026, 06:16 PM

MLS#

12688745

Source:

MLSNI

About This Home

724 S New Street

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1949

Price Summary

320,000

$231 per Sq. Ft.

MLS #:

12688745

Last Updated:

July 21, 2026, 06:16 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,380 Sq. Ft.


Structure

Structure

Architectural Style:

Cape Cod

Building Area:

1,380 Sq. Ft.

Year Built:

1949


Finances & Disclosures

Finances

Price:

$320,000

Price per Sq. Ft:

$231 per Sq. Ft.

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724 S New Street
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Thu, Jul 23
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.