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Eric Casper

eric.casper@engelvoelkers.com +1(920) 242-3396

$ 320,000

Est. payment -/mo

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New

724 S New ST Champaign, IL 61820

3 Beds

2 Baths

1,380 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,380 sqft

Price per Sqft $231

MLS Listing ID 12688745

Style Cape Cod

Bedrooms 3

Full Baths 2

Year Built 1949

Annual Tax Amount $5,171

Tax Year 2025

Lot Dimensions 110.75 X 52

Property Sub-Type Detached Single

Property 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.

Location

State IL

County Champaign

Area Champaign, Savoy

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Fireplace N

Appliance Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven, Range Hood

Exterior

Garage Spaces 1.0

Building

Dwelling Type Detached Single

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Level or Stories 2 Stories

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Champaign Elementary School

Middle Schools Champaign Junior High School

High Schools Central High School

School District 4 , 4, 4

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by PJ Trautman of Trautman Real Estate Agency & Appraisal LLC

NEARBY SCHOOLS & PROPERTIES

Eric Casper

Advisor

+1(920) 242-3396

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