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Detached Single · Champaign, IL
$320,000
3 beds · 2 baths · 1,380 sqft
724 S New Street, Champaign, IL, 61820
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air1-car garageIn-unit laundry
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.
— the listing agent’s description

The home

3 beds
2 baths
1,380 sqft
Built in 1949
Lot 110.75 X 52
1-car garage
Detached Single
Cape Cod

What it’ll cost

$232 / sqft
$5,172 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$2,225/mo
Principal & interest$1,701
Property taxes$431
Homeowners insurance$93
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Jul 20, 2026
$320,000
Earlier records
Sold
Jun 28, 2024
$215,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$5,172/yr
From county records — verify with the assessor.

Features

Central AirNatural GasForced AirVinyl SidingPublic SewerYesGarage Owned

Schools

Elementary — Champaign Elementary School
Middle — Champaign Junior High School
High — Central High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by PJ Trautman · Trautman Real Estate Agency & Appraisal LLC
Listing last updated Jul 26, 2026 · data refreshed from the MLS Jul 26, 2026, 5:09 AM CT
Based on information submitted to the MLS GRID as of Jul 26, 2026, 5:09 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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