O'Neil Property Group

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$320,000
111 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
Price 
$320,000
Days On Site 
111 Days
Bedrooms 
3
Inside Area (SqFt) 
1,380 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1949
MLS® Number 
12688745
Status 
Active
Property Tax 
$5,171.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
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 Faces 
West
Garage 
Yes
Garage Spaces 
1
Parking 
DetachedGarage
Parking Spaces 
1
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Below 
279
SqFt Total 
1380
Style 
Cape Cod
Water Source 
Public
Interior Features
Appliances 
MicrowaveDishwasherRefrigeratorWasherDryerCooktopOvenRange Hood
Basement 
Partially FinishedFull
Cooling 
Central Air
Heating 
Natural GasForced Air
Bar/Entertainment 
Dimensions - 9X8Level - Basement
Bedroom 2 
Dimensions - 10X9Level - Main
Bedroom 3 
Dimensions - 12X12Level - Main
Bedroom 4 
Dining Room 
Dimensions - 12X10Level - Main
Family Room 
Kitchen 
Dimensions - 8X11Level - MainDescription - Eating Area-Table Space,Galley
Laundry 
Dimensions - 12X22Level - Basement
Living Room 
Dimensions - 12X18Level - Main
Master Bedroom 
Dimensions - 16X30Level - Second
Recreation Room 
Dimensions - 15X30Level - Basement
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
MLS Area 
Champaign, Savoy
School District 
Central High School
Township 
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 2026-10-15 03:44 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: 2026-10-15 03:44 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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