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    Champaign, IL
    Short Term Rental

    Champaign, IL Short Term Rental Properties for Sale

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    Urbana, IL Savoy, IL East Peoria, IL Philo, IL Mahomet, IL Tolono, IL Peoria, IL Saint Joseph, 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
    View details
    See hot listings in Champaign

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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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.

    Two-Unit Duplex
    Two-Unit Duplex

    115 E Smith Street, Oxford, IN 47971

    $175,000
    1,978 sqft 0.02 AC lot

    Two separate apartments each include a full kitchen, bedroom, living room, and bathroom.

    View details
    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.

    View details
    Two-Unit Duplex
    Two-Unit Duplex

    115 E Smith St, Oxford, IN 47971

    $175,000
    1,978 sqft

    Separate upper- and lower-level residences each include a full kitchen, bedroom, living room, and bath.

    View details
    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.

    View details

    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

    Quadplexes 3
    Duplexes 2
    Short term rental properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Champaign submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61821 $300K

    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.

    How Realmo verifies these figures

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