O'Neil Property Group

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$320,000
132 Days On Site

724 S New Street
Champaign, IL 61820

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,380
SqFt
$232
/SqFt
1949
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of Trautman Real Estate Agency & Appraisal LLC
724 S New Street724 S New Street724 S New Street724 S New Street
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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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Listing Snapshot
PriceΒ 
$320,000
Days On SiteΒ 
132 Days
BedroomsΒ 
3
Inside Area (SqFt)Β 
1,380 sqft
Total BathsΒ 
2
Full BathsΒ 
2
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1949
MLS NumberΒ 
12688745
StatusΒ 
Active
Property TaxΒ 
$5,171.58
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
Plans
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS
3 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Direction FacesΒ 
West
GarageΒ 
Yes
Garage SpacesΒ 
1
ParkingΒ 
DetachedGarage
Parking SpacesΒ 
1
Property Sub TypeΒ 
Single Family Residence
SewerΒ 
Public Sewer
SqFt BelowΒ 
279
SqFt TotalΒ 
1380
StyleΒ 
Cape Cod
Water SourceΒ 
Public
Interior Features
AppliancesΒ 
MicrowaveDishwasherRefrigeratorWasherDryerCooktopOvenRange Hood
BasementΒ 
Partially FinishedFull
CoolingΒ 
Central Air
HeatingΒ 
Natural GasForced Air
Bar/EntertainmentΒ 
Dimensions - 9X8Level - Basement
Bedroom 2Β 
Dimensions - 10X9Level - Main
Bedroom 3Β 
Dimensions - 12X12Level - Main
Bedroom 4Β 
Dining RoomΒ 
Dimensions - 12X10Level - Main
Family RoomΒ 
KitchenΒ 
Dimensions - 8X11Level - MainDescription - Eating Area-Table Space,Galley
LaundryΒ 
Dimensions - 12X22Level - Basement
Living RoomΒ 
Dimensions - 12X18Level - Main
Master BedroomΒ 
Dimensions - 16X30Level - Second
Recreation RoomΒ 
Dimensions - 15X30Level - Basement
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Exterior Features
Construction DetailsΒ 
Vinyl Siding
Community Features
MLS AreaΒ 
Champaign, Savoy
School DistrictΒ 
Central High School
TownshipΒ 
Champaign
Schools
School District
Central High School
Elementary School
Champaign Elementary School
Middle School
Champaign Junior High School
High School
Central High School
Listing Courtesy of MRED as distributed by MLS Grid of Trautman Real Estate Agency & Appraisal LLC



Based on information submitted to the MLS GRID as of 2026-11-05 01:35 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-05 01:35 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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