Short Term Rental

Champaign, IL Short Term Rental Properties for Sale

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Urbana, IL Savoy, IL East Peoria, IL Philo, IL Tolono, IL Mahomet, IL Sidney, IL Peoria, IL
Restaurant and Residential Building
Updated: Jun 2
Restaurant and Residential Building

10 E CHESTER ST, Champaign, IL 61820

Contact for pricing
7,000 sqft
Approximately 7,000 SF mixed‑use building built in 1915
Ground‑floor restaurant with custom pizza oven and private dining room
Approximately 3,500 SF second‑floor residential unit
Two bedrooms and two bathrooms in the residential unit
Currently operated as an Airbnb
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot

Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

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Furnished Duplex with Updated Interiors
Furnished Duplex with Updated Interiors

615 S English Avenue, Springfield, IL 62704

$139,751

Two furnished units support short- and extended-stay occupancy with separate kitchens, baths, and laundry accommodations.

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Short-Term Rental Property with Furnishings
Short-Term Rental Property with Furnishings

1412 S 4th St, Springfield, IL 62703

Contact for pricing

Updated furnished home currently operated as an Airbnb with a guest-ready overnight accommodation layout.

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Champaign, IL Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Champaign, IL on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 8
Duplexes 3
Quadplexes 3
Triplexes 2
Short term rental properties 1

Demographics Overview

Population 96K
Population Growth (5Y) +1.5%
Median Household Income $62,086
College Educated 42.5%

Taxes & Financing

Tax Rate (average for all types) 8.86%
Property Tax per SF $37.00 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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