724 New Street, Champaign, Illinois 61820
$320,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 1,380 |
| Cost/Sqft: | $232 |
| Beds: | 3 |
| Baths: | 2 |
| Year Built: | 1949 |
| Property Taxes: | $5,172 |
| Days On Market: | 23 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Single Family | |
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| — | |
| 1949 | |
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| No | |
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| Champaign | |
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| — / Not Applicable | |
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| 12688745 | |
| 432013156012 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Champaign Elementary School |
4 | — | |
|
Middle School
Champaign Junior High School |
4 | Not in DB | |
|
High School
Central High School |
4 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Jun, 2024 | Sold | $215,000 | MRED MLS |
| 18 May, 2024 | Under contract | $209,900 | MRED MLS |
| 16 May, 2024 | Listed for sale | $209,900 | MRED MLS |
| 20 Jul, 2026 | Listed for sale | $320,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 1 | |
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| 110.75 X 52 | |
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| Not in DB | |
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| — | |
| — | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $4,403 |
| 2026 | $5,172 |
Contact Agent
Contact Agent
Listing Provided By
Trautman Real Estate Agency & Appraisal LLC
